SAP SE (SAP) Among Jefferies’ Top European Software Stock Picks
Yahoo Finance ·
SAP SE (SAP) Among Jefferies’ Top European Software Stock Picks Catherine Talavera Thu, July 2, 2026 at 1:08 PM EDT 2 min read SAP SAP SE (NYSE: SAP ) is one of the 10 Best SaaS Stocks to Buy According to Reddit . On July 1, Investing.com reported that Jefferies named SAP as one of its top European software stock picks, identifying the firm as the most aggressive company in its coverage in shifting toward an "AI-first" strategy. Jefferies highlighted the company's efforts in rolling out new tools and providing customers with incentives such as free agents to drive adoption. However, the brokerage cautioned that the implementation of these incentives results in delayed revenue recognition, causing the benefits of the transformation to become more apparent next year rather than this year. On June 30, SAP announced that it has signed a new multi-year agreement with Nokia aimed at accelerating Nokia's enterprise transformation through the RISE with SAP methodology, using its SAP S/4HANA software environment hosted on Microsoft Azure. Under the agreement, SAP will operate and manage the SAP S/4HANA software environment in the cloud, which allows Nokia to shift focus from infrastructure management to business outcomes. SAP said the approach supports process standardization, operational simplification, and ongoing innovation, rather than a one-time system migration. SAP SE (NYSE:SAP) is engaged in enterprise applications and business AI. The company offers organizations solutions that unite business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. While we acknowledge the potential of SAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 10 Best AI Chip Stocks to Buy for the Long Term and 10 Best Energy Stocks Capitalizing on the Data Center Boom . Disclosure: None. Follow Insider Monkey on Google News .
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