Folks, Is SAP going to recover? What do you think of current price? It’s down 30% overall. #investment #stock #stockmarket #sap
It may see some temporary recovery but long term I am not much positive.
The new cloud apps are too disjointed, reminds me of Oracle in early 00s after siebel etc acquisitions. Old tech is a cash cow in true sense - low effort but no growth and slight decline YoY. Founder poured 0.25bn in it just now but what else can he do. Just don’t see the upside on 5+ years atm.
Of course it will recover. Might take a year or two. In 10 years you won't regret investing now. It reminds me of Microsoft 12 years ago except SAP is in a better starting position. Still, expect flat growth for the next 2 or 3 of years.
same as IBM, Cisco, they will never recover unless the entire executive lineup gets replaced