The shares of the DAX group SAP fell to their lowest level since 2024 on Friday and there simply does not seem to be an end to the downward trend in sight. Should investors still take advantage?
SAP shares fell to their lowest level since the beginning of 2024 on Friday in a shaky market environment. At 152.70 euros, they cost 4.5 percent less than the day before. Since the Iran war, they have lost 10 percent in three weeks, about as much as the DAX.
SAP shares continue to fall
However, SAP stocks already had a mortgage with them before the Iran war, and are therefore the weakest DAX stock in the current year, with a loss of a good quarter. The European software sector has suffered enormously over the course of the year so far from fears of displacement by artificial intelligence.
Analysts have recently repeatedly tried to reassure investors. Market observers see SAP shares having almost 60 percent price potential compared to the current level in the DAX. However, there has been no trend reversal so far. However, the weak overall market with inflation and economic concerns does not provide a favorable environment for this.
Should investors buy SAP shares now?
But should investors buy SAP shares in this situation? Probably not.
So far, the stock has not managed to bottom out in the chart, which, given the negative news situation, suggests further price losses in the coming days. Only very long-term investors with good nerves can take bold action, but everyone else has to wait until the current situation calms down.
By the way, investors will find significantly better investment opportunities in the current BÖRSE ONLINE issue. Click here for the digital version.
Contains material from dpa-AFX
