Core Viewpoint - SAP SE will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2026, where Muhammad Alam, a member of the SAP Executive Board, will hold a Fireside Chat [1]. Company Information - SAP is a global leader in enterprise applications and business AI, with over 50 years of experience in uniting business-critical operations across various domains including finance, procurement, HR, supply chain, and customer experience [1].

Core Insights - SAP SE has improved its growth ranking, moving into the top decile of fundamental expansion, with its growth score increasing from the 89.71st percentile to the 90.12th percentile [1][2] Group 1: Growth Metrics - SAP is outperforming 90% of its peers in historical earnings and revenue expansion, indicating strong operational health despite facing downward price pressure [2] - The Benzinga Edge Growth metric shows SAP's historical expansion in earnings and revenue, with its growth ranking contrasting with lower rankings in momentum (21.11th percentile) and value (12.53rd percentile) [3] Group 2: Financial Performance - SAP's quality score stands at 84.25, reflecting strong profitability compared to peers [4] - The company launched its EU AI Cloud to enhance European digital sovereignty, which aligns with a 27% increase in cloud revenue and a 27% rise in cloud backlog at constant currencies [5] Group 3: Stock Performance - Despite strong fundamentals, SAP's stock has only risen 0.29% year-to-date and has decreased by 3.86% over the year, closing at $243.82 [6]

Core Insights - SAP SE has improved its growth ranking, moving into the top decile of fundamental expansion, with its growth score increasing from the 89.71st percentile to the 90.12th percentile [1][2] Growth Metrics - The Benzinga Edge Growth metric indicates that SAP is outperforming 90% of its peers in terms of historical earnings and revenue expansion, showcasing strong operational health despite facing downward price pressure [2] - SAP's growth ranking contrasts with its other metrics, where it ranks in the 21.11st percentile for momentum and the 12.53rd percentile for value, indicating a divergence between growth and valuation [3][4] Financial Performance - SAP reported a 27% increase in cloud revenue and a 27% rise in its cloud backlog at constant currencies, although total revenue slightly missed estimates [5] - The stock has shown limited price movement, rising only 0.29% year-to-date and declining by 3.86% over the year, closing at $243.82 [6]

Core Insights - SAP has launched the EU AI Cloud, consolidating its digital sovereignty initiatives into a framework tailored for Europe, offering customers various options for data sovereignty and deployment [1][3] - The platform is designed to meet EU data residency and regulatory compliance requirements, allowing enterprises to incorporate AI into core business processes while adhering to local regulations [2][3] Deployment Options - The EU AI Cloud provides multiple deployment options, including SAP Sovereign Cloud, on-site models, and partnerships with approved European cloud providers, ensuring compliance with European regulations [3][5] - AI workloads are hosted in European data centers, ensuring independence from non-European hyperscalers, which is crucial for maintaining data sovereignty [4] Partnerships and Collaborations - SAP has partnered with Cohere to integrate agentic AI capabilities into the SAP Business Technology Platform, enhancing AI integration for enterprises with data residency constraints [2] - Tata Consultancy Services (TCS) has been selected to support SAP's cloud and generative AI transformation under a five-year agreement, focusing on streamlining IT operations and enhancing AI capabilities [6][7]

Core Insights - SAP SE has launched the EU AI Cloud, a sovereign AI and cloud offering designed specifically for Europe, which allows customers to choose their level of sovereignty and deployment options [1][2][4] - The collaboration with Cohere aims to enhance AI capabilities for European enterprises, integrating advanced AI models into the SAP Business Technology Platform (SAP BTP) [2][3] - The EU AI Cloud is supported by a robust ecosystem of partners, enabling flexible deployment options and compliance with European data protection regulations [3][5] Group 1: EU AI Cloud Overview - The EU AI Cloud provides a full-stack sovereign cloud offering, ensuring compliance with EU data residency and operational requirements [1][5] - Customers can deploy AI models on SAP's infrastructure or trusted European partners, maintaining control over their data and compliance [5][8] Group 2: Partnership and Ecosystem - SAP's partnership with Cohere will unlock agentic AI capabilities, allowing enterprises to integrate AI into their core business processes without compromising on sovereignty [2][4] - The ecosystem includes leading partners like Mistral AI and OpenAI, facilitating the development and scaling of AI-powered applications [3][4] Group 3: Deployment Flexibility - EU AI Cloud offers various deployment options, including SAP Sovereign Cloud and on-site solutions, tailored to meet specific regulatory and operational needs [5][8] - The infrastructure is designed to ensure that all data remains within the EU, aligning with European data protection standards [8]