SAP’s Stock Struggles Near Yearly Lows—Can It Rebound in 2025?
JPMorgan has adjusted its outlook on SAP, lowering the price target from €310 to €290. The bank’s analyst, Toby Ogg, still sees potential upside and has placed the stock on its Positive Catalyst Watch list. This move suggests confidence in a possible recovery, though the immediate trend remains weak.
The coming days will be critical for SAP’s share price. Traders are watching two key levels: support at €203.20 and resistance at €210. Apple (AAPL) is also closely monitored by investors, with its stock trading near recent highs. A true turnaround would need the stock to break and hold above €225, a level it has struggled to reach recently.
Looking ahead, analysts predict a stronger fourth quarter in 2025 for SAP. Growth and profits are expected to pick up further in 2026, which could help stabilise the stock if current pressures ease.
For now, SAP’s stock remains under pressure, trading close to its lowest point in a year. The next trading sessions will determine whether it can hold above support or face further declines. A sustained rise past €225 would signal a shift in momentum, but investors are waiting for clearer signs of recovery.