SAP — SAP SE

Summary

Table of Contents

Company

Data:

{
  "symbol": "SAP",
  "price": 159.04,
  "marketCap": 185319000483,
  "beta": 0.743,
  "lastDividend": 2.94073,
  "range": "148.06-308.55",
  "change": -2.6,
  "changePercentage": -1.60851,
  "volume": 2970773,
  "averageVolume": 3211782,
  "companyName": "SAP SE",
  "currency": "USD",
  "cik": "0001000184",
  "isin": "US8030542042",
  "cusip": "803054204",
  "exchangeFullName": "New York Stock Exchange",
  "exchange": "NYSE",
  "industry": "Software - Application",
  "website": "https://www.sap.com",
  "description": "SAP SE, founded in Walldorf, Germany, in 1972, is a global provider of diverse software applications, technology, and services. The company's core enterprise resource planning (ERP) platform, SAP S/4HANA, offers robust functionalities for finance, risk management, project execution, procurement, manufacturing, supply chain optimization, asset management, and research and development. For human resources, SAP delivers SuccessFactors solutions, which encompass HR and payroll, talent and employee experience management, and comprehensive people and workforce analytics. Additionally, SAP provides spend management tools designed to handle direct and indirect expenditures, travel and expense reporting, and external workforce administration. SAP further extends its portfolio with customer experience solutions and the SAP Business Technology Platform, empowering both clients and partners to develop, integrate, and automate applications. Its SAP Business Network serves as a crucial business-to-business collaboration platform, digitizing key supply chain processes and facilitating seamless communication among trading partners. The company also offers SAP Signavio for discovering, analyzing, and enhancing business process operations, alongside modular industry-specific cloud solutions. Through Taulia, SAP provides working capital management solutions, helping customers improve liquidity visibility and mitigate the effects of inflation. Completing its extensive offerings, SAP also provides a range of sustainability solutions and services.",
  "ceo": "Christian Klein",
  "sector": "Technology",
  "country": "DE",
  "fullTimeEmployees": "108187",
  "phone": "49 6227 7 47474",
  "address": "Dietmar-Hopp-Allee 16",
  "city": "Walldorf",
  "state": "BW",
  "zip": "69190",
  "image": "https://images.financialmodelingprep.com/symbol/SAP.png",
  "ipoDate": "1995-09-18",
  "defaultImage": false,
  "isEtf": false,
  "isActivelyTrading": true,
  "isAdr": true,
  "isFund": false,
  "sec_filings": [
    {
      "form": "11-K",
      "date": "2026-06-10",
      "accession": "0001104659-26-072370",
      "description": "11-K",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465926072370/sap-20251231x11k.htm"
    },
    {
      "form": "6-K",
      "date": "2026-05-08",
      "accession": "0001104659-26-057442",
      "description": "FORM 6-K",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465926057442/tm2613731d1_6k.htm"
    },
    {
      "form": "6-K",
      "date": "2026-04-28",
      "accession": "0001104659-26-049650",
      "description": "FORM 6-K",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465926049650/tm2612672d1_6k.htm"
    },
    {
      "form": "6-K",
      "date": "2026-04-21",
      "accession": "0001104659-26-045882",
      "description": "FORM 6-K",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465926045882/tm2612031d1_6k.htm"
    },
    {
      "form": "6-K",
      "date": "2026-03-06",
      "accession": "0001104659-26-024381",
      "description": "FORM 6-K",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465926024381/tm2529416d2_6k.htm"
    },
    {
      "form": "20-F",
      "date": "2026-02-26",
      "accession": "0001104659-26-020058",
      "description": "FORM 20-F",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465926020058/sap-20251231x20f.htm"
    },
    {
      "form": "6-K",
      "date": "2026-02-03",
      "accession": "0001104659-26-009465",
      "description": "FORM 6-K",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465926009465/tm264433d1_6k.htm"
    },
    {
      "form": "S-8",
      "date": "2025-11-14",
      "accession": "0001104659-25-112484",
      "description": "FORM S-8",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465925112484/tm2530916d1_s8.htm"
    },
    {
      "form": "6-K",
      "date": "2025-10-27",
      "accession": "0001104659-25-102307",
      "description": "FORM 6-K",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465925102307/tm2529346d1_6k.htm"
    },
    {
      "form": "6-K",
      "date": "2025-07-25",
      "accession": "0001104659-25-070485",
      "description": "FORM 6-K",
      "url": "https://www.sec.gov/Archives/edgar/data/1000184/000110465925070485/tm2521516d1_6k.htm"
    }
  ]
}

Price / Quote

Data:

{
  "symbol": "SAP",
  "name": "SAP SE",
  "price": 159.04,
  "changePercentage": -1.60851,
  "change": -2.6,
  "volume": 2970773,
  "dayLow": 157.2551,
  "dayHigh": 160.63,
  "yearHigh": 308.55,
  "yearLow": 148.06,
  "marketCap": 185319000483,
  "priceAvg50": 167.312,
  "priceAvg200": 208.24155,
  "exchange": "NYSE",
  "open": 158.66,
  "previousClose": 161.64,
  "timestamp": 1784318466
}

Volume

Data:

{
  "volume": 2970773,
  "avgVolume": 3211782,
  "short_ratio": [
    {
      "symbol": "SAP",
      "file_date": "2026-07-17",
      "date": "20260717",
      "short_volume": 795322,
      "short_exempt_volume": 19837,
      "total_volume": 989992,
      "short_volume_ratio": 0.8034,
      "signal": "Bearish"
    }
  ]
}

Fundamentals

Data:

{
  "symbol": "SAP",
  "marketCap": 161029160223,
  "enterpriseValueTTM": 151381160223,
  "evToSalesTTM": 4.053911419393712,
  "evToOperatingCashFlowTTM": 17.130379113160576,
  "evToFreeCashFlowTTM": 18.8566467642003,
  "evToEBITDATTM": 11.28362851990161,
  "netDebtToEBITDATTM": -0.7191413237924866,
  "currentRatioTTM": 1.068924111431316,
  "incomeQualityTTM": 1.1720159151193634,
  "grahamNumberTTM": 74.70728361109771,
  "grahamNetNetTTM": -9.701203783319002,
  "taxBurdenTTM": 0.6950743494423792,
  "interestBurdenTTM": 0.8856696024364146,
  "workingCapitalTTM": 1435000000,
  "investedCapitalTTM": 37669000000,
  "returnOnAssetsTTM": 0.10180773733358743,
  "operatingReturnOnAssetsTTM": 0.14421793302925798,
  "returnOnTangibleAssetsTTM": 0.1793310154657715,
  "returnOnEquityTTM": 0.17250903890622027,
  "returnOnInvestedCapitalTTM": 0.1399210370844714,
  "returnOnCapitalEmployedTTM": 0.19700999202157973,
  "earningsYieldTTM": 0.046626902981129294,
  "freeCashFlowYieldTTM": 0.04985432445205878,
  "capexToOperatingCashFlowTTM": 0.0915469050582777,
  "capexToDepreciationTTM": 0.6385161799526441,
  "capexToRevenueTTM": 0.021664613571849393,
  "salesGeneralAndAdministrativeToRevenueTTM": 0.27478442504418615,
  "researchAndDevelopementToRevenueTTM": 0.17835145412672057,
  "stockBasedCompensationToRevenueTTM": 0.019147340795886668,
  "intangiblesToTotalAssetsTTM": 0.43229152487000083,
  "averageReceivablesTTM": 8149500000,
  "averagePayablesTTM": 2489500000,
  "averageInventoryTTM": 0,
  "daysOfSalesOutstandingTTM": 88.22478710299394,
  "daysOfPayablesOutstandingTTM": 92.92765787370104,
  "daysOfInventoryOutstandingTTM": 0,
  "operatingCycleTTM": 88.22478710299394,
  "cashConversionCycleTTM": -4.702870770707094,
  "freeCashFlowToEquityTTM": 5393000000,
  "freeCashFlowToFirmTTM": 9014499814.126394,
  "tangibleAssetValueTTM": 13608000000,
  "netCurrentAssetValueTTM": -5842000000,
  "grossProfitMarginTTM": 0.7319907878528199,
  "ebitMarginTTM": 0.3253441165443736,
  "ebitdaMarginTTM": 0.35927374002463713,
  "operatingProfitMarginTTM": 0.27773016978201487,
  "pretaxProfitMarginTTM": 0.2881473943548819,
  "continuousOperationsProfitMarginTTM": 0.20464892078624605,
  "netProfitMarginTTM": 0.20028386267473622,
  "bottomLineProfitMarginTTM": 0.20028386267473622,
  "receivablesTurnoverTTM": 4.137159317527144,
  "payablesTurnoverTTM": 3.927786499215071,
  "inventoryTurnoverTTM": 0,
  "fixedAssetTurnoverTTM": 8.340853249944159,
  "assetTurnoverTTM": 0.5083172252320928,
  "quickRatioTTM": 1.068924111431316,
  "solvencyRatioTTM": 0.3112787842118376,
  "cashRatioTTM": 0.4634005763688761,
  "priceToEarningsRatioTTM": 21.516380655226207,
  "priceToEarningsGrowthRatioTTM": 0.6982136768914462,
  "forwardPriceToEarningsGrowthRatioTTM": 1.262611897785441,
  "priceToBookRatioTTM": 3.575589835042354,
  "priceToSalesRatioTTM": 4.312280012398907,
  "priceToFreeCashFlowRatioTTM": 20.058440486173396,
  "priceToOperatingCashFlowRatioTTM": 18.15106484100939,
  "debtToAssetsRatioTTM": 0,
  "debtToEquityRatioTTM": 0,
  "debtToCapitalRatioTTM": 0,
  "longTermDebtToCapitalRatioTTM": 0,
  "financialLeverageRatioTTM": 1.6375835934016942,
  "workingCapitalTurnoverRatioTTM": 16.816933123170458,
  "operatingCashFlowRatioTTM": 0.424447646493756,
  "operatingCashFlowSalesRatioTTM": 0.23665042043811257,
  "freeCashFlowOperatingCashFlowRatioTTM": 0.9084530949417223,
  "debtServiceCoverageRatioTTM": 7.413966882649388,
  "interestCoverageRatioTTM": 7.466522678185745,
  "shortTermOperatingCashFlowCoverageRatioTTM": 0,
  "operatingCashFlowCoverageRatioTTM": 0,
  "capitalExpenditureCoverageRatioTTM": 10.92336217552534,
  "dividendPaidAndCapexCoverageRatioTTM": 2.487894144144144,
  "dividendPayoutRatioTTM": 0.36676026206712126,
  "dividendYieldTTM": 0.01812645,
  "revenuePerShareTTM": 32.108340498710234,
  "netIncomePerShareTTM": 6.430782459157352,
  "interestDebtPerShareTTM": 1.1943250214961307,
  "cashPerShareTTM": 8.637145313843508,
  "bookValuePerShareTTM": 39.006878761822875,
  "tangibleBookValuePerShareTTM": 11.700773860705073,
  "shareholdersEquityPerShareTTM": 38.57265692175408,
  "operatingCashFlowPerShareTTM": 7.598452278589853,
  "capexPerShareTTM": 0.6956147893379192,
  "freeCashFlowPerShareTTM": 6.902837489251935,
  "netIncomePerEBTTTM": 0.6950743494423792,
  "ebtPerEbitTTM": 1.0375084369877543,
  "priceToFairValueTTM": 3.575589835042354,
  "debtToMarketCapTTM": 0,
  "effectiveTaxRateTTM": 0.28977695167286244,
  "enterpriseValueMultipleTTM": 11.28362851990161,
  "dividendPerShareTTM": 2.5,
  "revenue_history": [
    {
      "date": "2025",
      "revenue": 36800000000
    }
  ],
  "dcf": {
    "symbol": "SAP",
    "date": "2026-07-19",
    "dcf": 141.86899504774507,
    "Stock Price": 159.04
  },
  "statements": {
    "income": [
      {
        "date": "2025-12-31",
        "symbol": "SAP",
        "reportedCurrency": "EUR",
        "cik": "0001000184",
        "filingDate": "2026-02-26",
        "acceptedDate": "2026-02-26 07:01:22",
        "fiscalYear": "2025",
        "period": "FY",
        "revenue": 36800000000,
        "costOfRevenue": 9986000000,
        "grossProfit": 26814000000,
        "researchAndDevelopmentExpenses": 6633000000,
        "generalAndAdministrativeExpenses": 1633000000,
        "sellingAndMarketingExpenses": 8879000000,
        "sellingGeneralAndAdministrativeExpenses": 10512000000,
        "otherExpenses": 49000000,
        "operatingExpenses": 17194000000,
        "costAndExpenses": 27180000000,
        "netInterestIncome": 512924000,
        "interestIncome": 1835578000,
        "interestExpense": 1322654000,
        "depreciationAndAmortization": 1311000000,
        "ebitda": 12073000000,
        "ebit": 10762000000,
        "nonOperatingIncomeExcludingInterest": -1142000000,
        "operatingIncome": 9620000000,
        "totalOtherIncomeExpensesNet": 650000000,
        "incomeBeforeTax": 10270000000,
        "incomeTaxExpense": 2944000000,
        "netIncomeFromContinuingOperations": 7326000000,
        "netIncomeFromDiscontinuedOperations": 0,
        "otherAdjustmentsToNetIncome": 0,
        "netIncome": 7161000000,
        "netIncomeDeductions": 0,
        "bottomLineNetIncome": 7161000000,
        "eps": 6.04,
        "epsDiluted": 5.99,
        "weightedAverageShsOut": 1166000000,
        "weightedAverageShsOutDil": 1175000000
      }
    ],
    "balance_sheet": [
      {
        "date": "2025-12-31",
        "symbol": "SAP",
        "reportedCurrency": "EUR",
        "cik": "0001000184",
        "filingDate": "2026-02-26",
        "acceptedDate": "2026-02-26 07:01:22",
        "fiscalYear": "2025",
        "period": "FY",
        "cashAndCashEquivalents": 8216502000,
        "shortTermInvestments": 1551339000,
        "cashAndShortTermInvestments": 9767841000,
        "netReceivables": 7269905000,
        "accountsReceivables": 6672159000,
        "otherReceivables": 597745000,
        "inventory": 0,
        "prepaids": 0,
        "otherCurrentAssets": 3209633000,
        "totalCurrentAssets": 20247379000,
        "propertyPlantEquipmentNet": 4495086000,
        "goodwill": 29001651000,
        "intangibleAssets": 2281029000,
        "goodwillAndIntangibleAssets": 31282680000,
        "longTermInvestments": 7483813000,
        "taxAssets": 2162079000,
        "otherNonCurrentAssets": 4661017000,
        "totalNonCurrentAssets": 50084675000,
        "otherAssets": 0,
        "totalAssets": 70332054000,
        "totalPayables": 3444533000,
        "accountPayables": 2429965000,
        "otherPayables": 1014568000,
        "accruedExpenses": 0,
        "shortTermDebt": 2049128000,
        "capitalLeaseObligationsCurrent": 0,
        "taxPayables": 0,
        "deferredRevenue": 6578199000,
        "otherCurrentLiabilities": 5170798000,
        "totalCurrentLiabilities": 17242658000,
        "longTermDebt": 6018437000,
        "capitalLeaseObligationsNonCurrent": 0,
        "deferredRevenueNonCurrent": 143939000,
        "deferredTaxLiabilitiesNonCurrent": 71969000,
        "otherNonCurrentLiabilities": 1637303000,
        "totalNonCurrentLiabilities": 7871648000,
        "otherLiabilities": 0,
        "capitalLeaseObligations": 0,
        "totalLiabilities": 25114307000,
        "treasuryStock": -6945043000,
        "preferredStock": 0,
        "commonStock": 1228477000,
        "retainedEarnings": 47490779000,
        "additionalPaidInCapital": 2776818000,
        "accumulatedOtherComprehensiveIncomeLoss": 181923000,
        "otherTotalStockholdersEquity": 0,
        "totalStockholdersEquity": 44732953000,
        "totalEquity": 45220746000,
        "minorityInterest": 487792000,
        "totalLiabilitiesAndTotalEquity": 70332054000,
        "totalInvestments": 9035153000,
        "totalDebt": 8067565000,
        "netDebt": -148937000
      }
    ],
    "cash_flow": [
      {
        "date": "2025-12-31",
        "symbol": "SAP",
        "reportedCurrency": "EUR",
        "cik": "0001000184",
        "filingDate": "2026-02-26",
        "acceptedDate": "2026-02-26 07:01:22",
        "fiscalYear": "2025",
        "period": "FY",
        "netIncome": 7037823046,
        "depreciationAndAmortization": 1259258361,
        "deferredIncomeTax": 0,
        "stockBasedCompensation": 0,
        "changeInWorkingCapital": -852953031,
        "accountsReceivables": -372686684,
        "inventory": 0,
        "accountsPayables": -500437533,
        "otherWorkingCapital": 20171185,
        "otherNonCashItems": 1202586932,
        "netCashProvidedByOperatingActivities": 8646715308,
        "investmentsInPropertyPlantAndEquipment": -709833660,
        "acquisitionsNet": -558069494,
        "purchasesOfInvestments": -5614313594,
        "salesMaturitiesOfInvestments": 5550918436,
        "otherInvestingActivities": 960532,
        "netCashProvidedByInvestingActivities": -1330337780,
        "netDebtIssuance": -3063138759,
        "longTermNetDebtIssuance": 0,
        "shortTermNetDebtIssuance": -3063138759,
        "netStockIssuance": -1860551827,
        "netCommonStockIssuance": -1860551827,
        "commonStockIssuance": 0,
        "commonStockRepurchased": -1860551827,
        "netPreferredStockIssuance": 0,
        "netDividendsPaid": -2634741178,
        "commonDividendsPaid": -2634741178,
        "preferredDividendsPaid": 0,
        "otherFinancingActivities": -290080876,
        "netCashProvidedByFinancingActivities": -7848512640,
        "effectOfForexChangesOnCash": 280089932,
        "netChangeInCash": -252045179,
        "cashAtEndOfPeriod": 8216501526,
        "cashAtBeginningOfPeriod": 8468546706,
        "operatingCashFlow": 8646715308,
        "capitalExpenditure": -709833656,
        "freeCashFlow": 7936881652,
        "incomeTaxesPaid": 0,
        "interestPaid": 0
      }
    ]
  }
}

Technical

Data:

{
  "price": 159.04,
  "rsi": 47.515710794497416,
  "sma50": 167.31199999999998,
  "sma200": 208.24109999999996,
  "adx": 15.36851055294646,
  "high_52w": 311.93,
  "low_52w": 79.12,
  "structure": {
    "ema8": 158.55912311440397,
    "ema21": 159.9692668022882,
    "ema50": 165.80643064471187,
    "ema200": 199.73173754721643,
    "checks": {
      "price_above_all": false,
      "ema_stacked": false,
      "ema21_rising": false,
      "ema50_rising": false,
      "adx_over_30": false,
      "higher_highs_lows": true,
      "near_21ema": false
    },
    "dist_21ema_pct": -0.6,
    "crossover": {
      "fresh_cross": false,
      "pre_compressed": false,
      "held_above_21": false,
      "candles_since": 40,
      "intraday_support": false
    },
    "momentum": {
      "roc10": -2.2,
      "checks": {
        "roc_over_5": false,
        "rsi_in_band": false,
        "macd_expanding": true,
        "top_quartile_3d": false,
        "no_big_down": true,
        "near_high": false
      },
      "volume": {
        "rvol": 1.21,
        "checks": {
          "rvol_over_2": false,
          "up_vol_beats_down": false,
          "obv_new_high": false,
          "surge_day": false,
          "pullback_declining_vol": false,
          "last_up_beats_down": true
        }
      }
    },
    "relative_strength": {
      "sector": "Technology",
      "sector_etf": "XLK",
      "checks": {
        "beats_spy_all": false,
        "beats_sector_10d": true,
        "rs_line_at_high": false,
        "sector_top3": false
      }
    },
    "commodity": {},
    "universe": {
      "checks": {
        "price_over_20": true,
        "avg_vol_over_2m": true,
        "mcap_over_1b": true,
        "no_earnings_7d": false,
        "not_lev_etf_spac": true,
        "bidask_spread": null,
        "dollar_vol_over_10m": true
      },
      "avg_dollar_vol": 510801809.28,
      "avg_vol": 3211782
    },
    "options": {
      "checks": {
        "call_vol_2x": false,
        "ivr_under_40": false,
        "iv_contracting": false,
        "oi_calls_above_price": false
      },
      "vals": {
        "call_vol_mult": 0.8,
        "iv_rank": 93.0
      }
    }
  }
}

Analyst Ratings

Data:

{
  "estimates": [
    {
      "symbol": "SAP",
      "date": "2030-12-31",
      "revenueLow": 59964149396,
      "revenueHigh": 61653200048,
      "revenueAvg": 60864111483,
      "ebitdaLow": 17755453923,
      "ebitdaHigh": 18255583772,
      "ebitdaAvg": 18021933736,
      "ebitLow": 15030057886,
      "ebitHigh": 15453419667,
      "ebitAvg": 15255634041,
      "netIncomeLow": 14048264761,
      "netIncomeHigh": 14565018012,
      "netIncomeAvg": 14323602512,
      "sgaExpenseLow": 18366634130,
      "sgaExpenseHigh": 18883979505,
      "sgaExpenseAvg": 18642286741,
      "epsAvg": 12.1903,
      "epsHigh": 12.39576,
      "epsLow": 11.95597,
      "numAnalystsRevenue": 3,
      "numAnalystsEps": 2
    },
    {
      "symbol": "SAP",
      "date": "2029-12-31",
      "revenueLow": 55490829079,
      "revenueHigh": 57053876699,
      "revenueAvg": 56323654072,
      "ebitdaLow": 16430898608,
      "ebitdaHigh": 16893718814,
      "ebitdaAvg": 16677499051,
      "ebitLow": 13908816878,
      "ebitHigh": 14300595907,
      "ebitAvg": 14117565071,
      "netIncomeLow": 13036025761,
      "netIncomeHigh": 13515531511,
      "netIncomeAvg": 13291517761,
      "sgaExpenseLow": 16996484825,
      "sgaExpenseHigh": 17475236280,
      "sgaExpenseAvg": 17251573776,
      "epsAvg": 11.31193,
      "epsHigh": 11.50258,
      "epsLow": 11.09449,
      "numAnalystsRevenue": 5,
      "numAnalystsEps": 2
    },
    {
      "symbol": "SAP",
      "date": "2028-12-31",
      "revenueLow": 50111532994,
      "revenueHigh": 51523058352,
      "revenueAvg": 50863623706,
      "ebitdaLow": 14838082822,
      "ebitdaHigh": 15256037111,
      "ebitdaAvg": 15060777750,
      "ebitLow": 12560492381,
      "ebitHigh": 12914292244,
      "ebitAvg": 12749004468,
      "netIncomeLow": 10506356508,
      "netIncomeHigh": 13026496511,
      "netIncomeAvg": 11766426509.5,
      "sgaExpenseLow": 15348840957,
      "sgaExpenseHigh": 15781182115,
      "sgaExpenseAvg": 15579201515,
      "epsAvg": 10.07151,
      "epsHigh": 11.08638,
      "epsLow": 8.94158,
      "numAnalystsRevenue": 6,
      "numAnalystsEps": 4
    },
    {
      "symbol": "SAP",
      "date": "2027-12-31",
      "revenueLow": 44544663092,
      "revenueHigh": 46124322970,
      "revenueAvg": 45452312967,
      "ebitdaLow": 13189726211,
      "ebitdaHigh": 13657465326,
      "ebitdaAvg": 13458482388,
      "ebitLow": 11165152371,
      "ebitHigh": 11561095274,
      "ebitAvg": 11392655475,
      "netIncomeLow": 9575568508,
      "netIncomeHigh": 10798426259,
      "netIncomeAvg": 10186997383.5,
      "sgaExpenseLow": 13643744432,
      "sgaExpenseHigh": 14127584115,
      "sgaExpenseAvg": 13921751764,
      "epsAvg": 8.55513,
      "epsHigh": 9.19015,
      "epsLow": 8.14942,
      "numAnalystsRevenue": 11,
      "numAnalystsEps": 7
    }
  ],
  "price_target": {
    "symbol": "SAP",
    "targetHigh": 265,
    "targetLow": 200,
    "targetConsensus": 240.67,
    "targetMedian": 257
  },
  "ratings": {
    "symbol": "SAP",
    "rating": "B",
    "overallScore": 3,
    "discountedCashFlowScore": 4,
    "returnOnEquityScore": 4,
    "returnOnAssetsScore": 4,
    "debtToEquityScore": 1,
    "priceToEarningsScore": 2,
    "priceToBookScore": 2
  },
  "grades": [
    {
      "symbol": "SAP",
      "date": "2026-07-17",
      "gradingCompany": "TD Cowen",
      "previousGrade": "Buy",
      "newGrade": "Buy",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2026-04-27",
      "gradingCompany": "Barclays",
      "previousGrade": "Overweight",
      "newGrade": "Overweight",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2026-04-24",
      "gradingCompany": "BMO Capital",
      "previousGrade": "Outperform",
      "newGrade": "Outperform",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2026-04-21",
      "gradingCompany": "Barclays",
      "previousGrade": "Overweight",
      "newGrade": "Overweight",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2026-04-13",
      "gradingCompany": "BMO Capital",
      "previousGrade": "Outperform",
      "newGrade": "Outperform",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2026-03-24",
      "gradingCompany": "JP Morgan",
      "previousGrade": "Overweight",
      "newGrade": "Neutral",
      "action": "downgrade"
    },
    {
      "symbol": "SAP",
      "date": "2025-10-24",
      "gradingCompany": "Argus Research",
      "previousGrade": "Buy",
      "newGrade": "Buy",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2025-10-24",
      "gradingCompany": "Barclays",
      "previousGrade": "Overweight",
      "newGrade": "Overweight",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2025-10-23",
      "gradingCompany": "BMO Capital",
      "previousGrade": "Outperform",
      "newGrade": "Outperform",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2025-10-23",
      "gradingCompany": "JMP Securities",
      "previousGrade": "Market Outperform",
      "newGrade": "Market Outperform",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2025-07-25",
      "gradingCompany": "Barclays",
      "previousGrade": "Overweight",
      "newGrade": "Overweight",
      "action": "maintain"
    },
    {
      "symbol": "SAP",
      "date": "2025-07-23",
      "gradingCompany": "JMP Securities",
      "previousGrade": "Market Outperform",
      "newGrade": "Market Outperform",
      "action": "maintain"
    }
  ]
}

News

Data:

[
  {
    "title": "Sweetgreen Pares 26% Drop as Parasite Tied to Taco Bell Lettuce",
    "url": "https://finance.yahoo.com/markets/stocks/articles/sweetgreen-pares-26-drop-parasite-155820785.html",
    "source": "Yahoo! Finance",
    "date": "2026-07-17T15:58:20Z",
    "summary": "(Bloomberg) -- Sweetgreen Inc. shares surged on Friday, halting a four-day skid, after US regulators said a parasite outbreak that's sickened thousands across several states was traced to shredded iceberg lettuce served at Taco Bell restaurants.\n\nMost Read from Bloomberg\n\nThe qui"
  },
  {
    "title": "Financial Analytics Market Worth $36.10 Billion by 2035 as AI and Predictive Analytics Transform Enterprise Finance | Research by SNS Insider",
    "url": "https://www.globenewswire.com/news-release/2026/07/17/3329107/0/en/Financial-Analytics-Market-Worth-36-10-Billion-by-2035-as-AI-and-Predictive-Analytics-Transform-Enterprise-Finance-Research-by-SNS-Insider.html",
    "source": "GlobeNewswire Inc.",
    "date": "2026-07-17T13:30:00Z",
    "summary": "The global financial analytics market is projected to grow from $12.15 billion in 2025 to $36.10 billion by 2035, driven by AI adoption, cloud computing, and predictive analytics. North America leads with 35% market share, while Europe and Asia Pacific show strong growth potentia"
  },
  {
    "title": "IBM's Warning Is a 'Hammer' Slamming Down on Tech's AI Outsiders",
    "url": "https://finance.yahoo.com/technology/ai/articles/ibm-warning-hammer-slamming-down-110501015.html",
    "source": "Yahoo! Finance",
    "date": "2026-07-17T11:05:01Z",
    "summary": "(Bloomberg) -- International Business Machines Corp.'s warning this week that its sales are falling well short of expectations highlights a growing divide between artificial intelligence winners and everyone else in the tech universe.\n\nMost Read from Bloomberg\n\nOn Tuesday, IBM sa"
  },
  {
    "title": "Travelers Reports Excellent Second Quarter and Year-to-Date Results",
    "url": "https://www.wsj.com/articles/travelers-reports-excellent-second-quarter-and-year-to-date-results-a72d0c36",
    "source": "The Wall Street Journal",
    "date": "2026-07-17T10:57:00Z",
    "summary": "Second Quarter 2026 Net Income per Diluted Share of $10.26 and Core Income per Diluted Share of $10.04\n\nSecond Quarter 2026 Return on Equity of 27.1% and Core Return on Equity of 24.9%\n\nThe Travelers Companies, Inc. today reported net income of $2.208 billion, or $10.26 per dilut"
  },
  {
    "title": "SAP: Upgrading To Buy After 40% Crash",
    "url": "https://seekingalpha.com/article/4923060-i-called-the-top-on-sap-upgrading-to-buy-after-40-percent-crash",
    "source": "Seeking Alpha",
    "date": "2026-07-17 12:26:59",
    "summary": "I'm upgrading SAP to a buy after the significant pullback, with risk-reward now favorable. SAP trades at a forward non-GAAP P/E of 19.27x, a 21% discount to the sector median, while compounding cloud revenue at 27%. Management is executing disciplined capital allocation, increasi"
  },
  {
    "title": "2 DiviDog Buys By Barron's Mid-Year Round Table Pros",
    "url": "https://seekingalpha.com/article/4922882-2-dividog-buys-by-barron-s-mid-year-round-table-pros",
    "source": "Seeking Alpha",
    "date": "2026-07-17 05:00:07",
    "summary": "Barron's Mid-Year 2026 Roundtable highlights 45 Pro Picks, with yield-based 'dogcatcher' analysis identifying top dividend opportunities. PetroChina and BP emerge as the two 'safer' ideal dividend dogs, with prices below the annual dividend payout from $1K invested. Top ten yield"
  },
  {
    "title": "Bank Rally Hits Short Sellers Betting on Australia Lending Slump",
    "url": "https://www.bloomberg.com/news/articles/2026-07-16/bank-rally-hits-short-sellers-betting-on-australia-lending-slump",
    "source": "Bloomberg Business",
    "date": "2026-07-16T22:09:31Z",
    "summary": "The upward march in share prices of Australia's biggest banks is reversing the tumble sparked two months ago by property tax changes, and inflicting pain on short sellers who were anticipating a prolonged plunge.\n\nCommonwealth Bank of Australia's stock price closed on Thursday at"
  },
  {
    "title": "Palantir Technologies Inc (PLTR) Pairs with SNP to Target SAP Transformation Projects",
    "url": "https://finance.yahoo.com/technology/ai/articles/palantir-technologies-inc-pltr-pairs-182024850.html",
    "source": "Yahoo! Finance",
    "date": "2026-07-16T18:20:24Z",
    "summary": "Palantir Technologies Inc (NASDAQ:PLTR) is one of the best stocks to buy for the AI boom in the second half of 2026. Analysts see Palantir's stock price rising more than 40% from the current level. Elite investors are big fans of Palantir, as the stock is in the portfolio of 96 h"
  },
  {
    "title": "Functionize Launches Studio, A Quality Platform Whose Adversarial Agents Prove Software Works as Intended",
    "url": "https://finance.yahoo.com/technology/ai/articles/functionize-launches-studio-quality-platform-120000063.html",
    "source": "Yahoo! Finance",
    "date": "2026-07-16T12:00:00Z",
    "summary": "Studio Builds, Runs, and Repairs Tests To Provide an Independent Check for Software Built at Agent Speed\n\nSAN FRANCISCO, July 16, 2026 /PRNewswire/ -- Functionize, the agent-native software testing platform, today launched Functionize Studio, the agentic quality platform that act"
  },
  {
    "title": "Levi's builds toward unified ERP system by mid-2027",
    "url": "https://finance.yahoo.com/technology/articles/levi-builds-toward-unified-erp-111500991.html",
    "source": "Yahoo! Finance",
    "date": "2026-07-16T11:15:00Z",
    "summary": "This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter.\n\nDive Brief:\n\n* Levi Strauss & Co. expects to complete the transition to a unified enterprise resourcing planning system across "
  },
  {
    "title": "European earnings growth seen strongest in 3 years as energy profits surge",
    "url": "https://www.reuters.com/business/european-earnings-growth-seen-strongest-3-years-energy-profits-surge-2026-07-16/",
    "source": "Reuters",
    "date": "2026-07-16T10:16:48Z",
    "summary": "July 16, (Reuters) - A surge in energy-sector profits is set to help European blue-chip companies post their strongest earnings growth in more than three years, according to LSEG forecasts published on Thursday as the reporting season gets underway.\n\nCompanies in Europe's benchma"
  },
  {
    "title": "The Six-Figure Hire Becoming Indispensable to America's CEOs",
    "url": "https://www.bloomberg.com/news/articles/2026-07-16/ai-age-has-more-ceos-hiring-a-chief-of-staff-to-solve-problems",
    "source": "Bloomberg Business",
    "date": "2026-07-16T09:30:22Z",
    "summary": "The demands of the role are incessant and vary widely, ranging from administrative tasks to strategic and operational duties, and require skills like judgement, communications and influencing others that are tough to automate.\n\nA growing number of corporate leaders, buckling unde"
  },
  {
    "title": "Europe Inc heads into strongest earnings season in years, but AI gap persists",
    "url": "https://finance.yahoo.com/markets/stocks/articles/europe-inc-heads-strongest-earnings-040450039.html",
    "source": "Yahoo! Finance",
    "date": "2026-07-16T04:04:50Z",
    "summary": "By Sophie Kiderlin and Javi West Larra\u00f1aga\n\nLONDON/GDANSK, July 16 (Reuters) - European companies are heading for their strongest earnings season in more than three years, but investors remain concerned that the region lacks enough AI-powered growth engines to keep pace with the "
  },
  {
    "title": "Warehouse Shuttle Software Market to Reach $2.66 Billion by 2030 as AI and Automation Transform Logistics",
    "url": "https://www.globenewswire.com/news-release/2026/07/15/3327564/28124/en/Warehouse-Shuttle-Software-Market-to-Reach-2-66-Billion-by-2030-as-AI-and-Automation-Transform-Logistics.html",
    "source": "GlobeNewswire Inc.",
    "date": "2026-07-15T10:42:00Z",
    "summary": "The global warehouse shuttle software market is projected to grow from $1.38 billion in 2025 to $2.66 billion by 2030, with a CAGR of 14.1%. Growth is driven by increased e-commerce volumes, labor costs, AI-powered orchestration, robotic material handling, and cloud-based control"
  },
  {
    "title": "Document AI Market Surges to $27.62 billion at a CAGR 13.5% by 2030 | Report by MarketsandMarkets\u2122",
    "url": "https://www.globenewswire.com/news-release/2026/07/10/3325608/0/en/Document-AI-Market-Surges-to-27-62-billion-at-a-CAGR-13-5-by-2030-Report-by-MarketsandMarkets.html",
    "source": "GlobeNewswire Inc.",
    "date": "2026-07-10T15:00:00Z",
    "summary": "The Document AI market is expected to grow at a CAGR of 13.5% from 2025 to 2030, driven by enterprise adoption of intelligent document processing, generative AI, and retrieval-augmented generation. The BFSI sector and Asia Pacific region are identified as the fastest-growing segm"
  },
  {
    "title": "What Is the Vanguard International Dividend Appreciation ETF (VIGI), and Who Should Buy It?",
    "url": "https://www.fool.com/investing/2026/07/09/what-is-vanguard-international-dividend-vigi-etf/?source=iedfolrf0000001",
    "source": "The Motley Fool",
    "date": "2026-07-09T15:05:00Z",
    "summary": "The Vanguard International Dividend Appreciation ETF (VIGI) offers exposure to 343 global stocks from developed markets with a low 0.07% expense ratio, but has delivered underwhelming returns and a modest 2.13% dividend yield. The fund is heavily concentrated in Japan (30.9%) and"
  },
  {
    "title": "SAP averts EU antitrust fine as regulators accept offer to address competition concerns",
    "url": "https://www.reuters.com/business/sap-averts-eu-antitrust-fine-regulators-accept-offer-address-competition-2026-07-09/",
    "source": "Reuters",
    "date": "2026-07-09 06:06:24",
    "summary": "SAP , Europe's largest software maker, will make it easier for its \u200bcustomers to switch to rival service providers \u200cor end their contracts, EU antitrust regulators said on Thursday as part of concessions aimed at staving off a \u200bpossible fine."
  },
  {
    "title": "SAP's Transformation Is Game-Changing",
    "url": "https://seekingalpha.com/article/4920787-sap-stock-transformation-is-game-changing",
    "source": "Seeking Alpha",
    "date": "2026-07-09 03:45:19",
    "summary": "SAP is a strong buy after a near 50% stock price crash, offering an attractive entry point. SAP's transformation is accelerating, with cloud revenue up 27% and a growing backlog. AI disruption is viewed as an opportunity, not a threat, due to SAP's product stickiness and adaptive"
  },
  {
    "title": "Payhawk surpasses $100M ARR and grows faster and leaner in Europe, driven by AI-native rebuild",
    "url": "https://www.globenewswire.com/news-release/2026/07/08/3323836/0/en/Payhawk-surpasses-100M-ARR-and-grows-faster-and-leaner-in-Europe-driven-by-AI-native-rebuild.html",
    "source": "GlobeNewswire Inc.",
    "date": "2026-07-08T07:00:00Z",
    "summary": "Payhawk, an AI-native spend management platform, has reached $100M ARR (Centaur status), joining roughly 250 private software companies globally. The company achieved 159% YoY growth in net new business, 95% YoY growth in payments volumes, and 75% increase in ARR per employee by "
  },
  {
    "title": "The Market Just Got Shaken\u2014These 3 ETFs May Come Out Stronger",
    "url": "https://www.marketbeat.com/articles/the-market-just-got-shakenthese-3-etfs-may-come-out-stronger/",
    "source": "MarketBeat",
    "date": "2026-07-08 12:36:02",
    "summary": "Markets are being tested again. The AI trade has spent the past several weeks under real pressure, with memory, semiconductor, and neocloud names selling off hard after an extraordinary first half."
  },
  {
    "title": "Explosive Growth Forecasted: Sports Analytics Market to Reach $9.64 Billion by 2030",
    "url": "https://www.globenewswire.com/news-release/2026/07/07/3322951/28124/en/Explosive-Growth-Forecasted-Sports-Analytics-Market-to-Reach-9-64-Billion-by-2030.html",
    "source": "GlobeNewswire Inc.",
    "date": "2026-07-07T08:50:00Z",
    "summary": "The global sports analytics market is experiencing exponential growth, expanding from $3.05 billion in 2025 to $3.86 billion in 2026 (26.5% CAGR), with projections to reach $9.64 billion by 2030. Growth is driven by AI adoption, wearable sensors, real-time player tracking, and cl"
  },
  {
    "title": "The Anti-Magnificent Seven Trade? VGK Is Quietly Creeping Toward Record Highs",
    "url": "https://247wallst.com/personal-finance/2026/07/06/the-anti-magnificent-seven-trade-vgk-is-quietly-creeping-toward-record-highs/",
    "source": "247 Wallst",
    "date": "2026-07-06 15:15:45",
    "summary": "European stocks are having their loudest year in a decade, and the Vanguard FTSE Europe ETF (NYSEARCA:VGK) is the vehicle most retail investors will consider. VGK trades around $90, up 18% over the past year, while every US finance headline focuses on hyperscaler capex and AI com"
  },
  {
    "title": "SAP Celebrates America's 250th with Investment in the Next Generation",
    "url": "https://www.prnewswire.com/news-releases/sap-celebrates-americas-250th-with-investment-in-the-next-generation-302817711.html",
    "source": "PRNewsWire",
    "date": "2026-07-03 12:00:00",
    "summary": "WALLDORF, Germany, July 3, 2026 /PRNewswire/ --\u00a0SAP SE (NYSE: SAP) today announced its intent to make a one-time $1,000 contribution to the Trump Account of each eligible child of a U.S.-based SAP employee. SAP's planned contribution is designed to complement the federal governme"
  },
  {
    "title": "Goldman\u2019s Top Strategist Says Europe Is Quietly Keeping Pace With the S&P 500. Here\u2019s the AI Spillover Nobody\u2019s Watching",
    "url": "https://247wallst.com/investing/2026/07/02/goldmans-top-strategist-says-europe-is-quietly-keeping-pace-with-the-sp-500-heres-the-ai-spillover-nobodys-watching/",
    "source": "247 Wallst",
    "date": "2026-07-02 09:00:29",
    "summary": "Peter Oppenheimer, Goldman Sachs' Chief Global Equity Strategist, went on Bloomberg on July 1, 2026 and pointed at a statistic most US-focused investors have missed: European equities have kept pace with the S&P 500 through the first half of the year, despite carrying a fraction "
  },
  {
    "title": "SAP Seeks to Rein In Costs to Focus on AI Investments",
    "url": "https://www.wsj.com/tech/ai/sap-seeks-to-rein-in-costs-to-focus-on-ai-investments-7754dd97",
    "source": "WSJ",
    "date": "2026-07-02 07:45:00",
    "summary": "SAP said it would exercise greater discipline when it comes to hiring and travel expenses as it seeks to redeploy workers in roles where they can make better use of AI."
  }
]

Calendar / Earnings

Data:

[
  {
    "symbol": "SAP",
    "date": "2026-07-23",
    "epsActual": null,
    "epsEstimated": 2,
    "revenueActual": null,
    "revenueEstimated": 11348150000,
    "lastUpdated": "2026-07-19"
  },
  {
    "symbol": "SAP",
    "date": "2026-04-23",
    "epsActual": 2.01,
    "epsEstimated": 1.92,
    "revenueActual": 11185080000,
    "revenueEstimated": 11192700000,
    "lastUpdated": "2026-07-19"
  },
  {
    "symbol": "SAP",
    "date": "2026-01-29",
    "epsActual": 1.89,
    "epsEstimated": 1.77,
    "revenueActual": 11552530000,
    "revenueEstimated": 11391600000,
    "lastUpdated": "2026-04-29"
  },
  {
    "symbol": "SAP",
    "date": "2025-10-22",
    "epsActual": 1.86,
    "epsEstimated": 1.69,
    "revenueActual": 10630265000,
    "revenueEstimated": 9768799420,
    "lastUpdated": "2026-01-18"
  },
  {
    "symbol": "SAP",
    "date": "2025-07-22",
    "epsActual": 1.7,
    "epsEstimated": 1.63,
    "revenueActual": 10628750880,
    "revenueEstimated": 9238282790,
    "lastUpdated": "2025-10-22"
  }
]

Short & Liquidity

Data:

{
  "borrow": [
    {
      "date": "2026-07-17",
      "fee_pct": 1.4909,
      "available": 400000,
      "rebate_pct": 2.1291,
      "high_fee": 1.5049,
      "low_fee": 1.3415,
      "utilization_signal": "High"
    },
    {
      "date": "2026-07-16",
      "fee_pct": 1.2916,
      "available": 450000,
      "rebate_pct": 2.3384,
      "high_fee": 1.3131,
      "low_fee": 1.1295,
      "utilization_signal": "High"
    },
    {
      "date": "2026-07-15",
      "fee_pct": 1.3131,
      "available": 500000,
      "rebate_pct": 2.3169,
      "high_fee": 1.5155,
      "low_fee": 1.301,
      "utilization_signal": "High"
    },
    {
      "date": "2026-07-14",
      "fee_pct": 1.4788,
      "available": 450000,
      "rebate_pct": 2.1412,
      "high_fee": 1.5765,
      "low_fee": 1.2356,
      "utilization_signal": "High"
    },
    {
      "date": "2026-07-13",
      "fee_pct": 1.3205,
      "available": 300000,
      "rebate_pct": 2.2995,
      "high_fee": 1.396,
      "low_fee": 1.3203,
      "utilization_signal": "High"
    }
  ],
  "short_interest": [
    {
      "symbol": "SAP",
      "file_date": "",
      "error": "Symbol not found in FINRA biweekly file",
      "days_to_cover": null
    }
  ],
  "ftd": {
    "symbol": "SAP",
    "periods": [
      {
        "file_period": "202603a",
        "settlement_date": "20260313",
        "quantity_fails": 76,
        "price": 190.5
      },
      {
        "file_period": "202603b",
        "settlement_date": "20260330",
        "quantity_fails": 879,
        "price": 164.02
      },
      {
        "file_period": "202604a",
        "settlement_date": "20260413",
        "quantity_fails": 106,
        "price": 163.1
      },
      {
        "file_period": "202604b",
        "settlement_date": "20260430",
        "quantity_fails": 24477,
        "price": 170.1
      },
      {
        "file_period": "202606a",
        "settlement_date": "20260612",
        "quantity_fails": 127703,
        "price": 163.64
      },
      {
        "file_period": "202606b",
        "settlement_date": "20260630",
        "quantity_fails": 28405,
        "price": 154.9
      }
    ],
    "trend": "rising",
    "trend_description": "FTD quantity increasing \u2014 settlement pressure building, potential squeeze precursor"
  }
}

Whales & Insiders

Data:

{
  "insider": {
    "status": "not_found",
    "endpoint": "search-insider-trades",
    "provided": "symbol=\"SAP\"",
    "message": "No data returned for search-insider-trades with symbol=\"SAP\". The identifier may not exist, or may have no data for this endpoint. Use the 'search' tool to verify the symbol/cik/name."
  },
  "congress": [
    {
      "symbol": "SAP",
      "senateID": null,
      "disclosureDate": "2020-05-01",
      "transactionDate": "2020-04-07",
      "firstName": "Kelly",
      "lastName": "Loeffler",
      "office": "Kelly Loeffler",
      "district": "GA",
      "owner": "Joint",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Sale (Full)",
      "amount": "$100,001 - $250,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://efdsearch.senate.gov/search/view/ptr/2b47d301-0318-4604-bd14-a0b9c1b8437f/"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2026-05-11",
      "transactionDate": "2026-04-20",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2026/9115820.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2026-04-10",
      "transactionDate": "2026-03-19",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2026/9115728.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2026-04-10",
      "transactionDate": "2026-03-23",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2026/9115728.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2026-04-10",
      "transactionDate": "2026-03-06",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2026/9115728.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2026-02-12",
      "transactionDate": "2026-01-13",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2026/8221326.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2026-02-12",
      "transactionDate": "2026-01-30",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2026/8221326.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "C001123",
      "disclosureDate": "2025-12-15",
      "transactionDate": "2025-11-07",
      "firstName": "Gilbert",
      "lastName": "Cisneros",
      "office": "Gilbert Cisneros",
      "district": "CA31",
      "owner": "",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Sale (Full)",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20033619.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2025-12-10",
      "transactionDate": "2025-11-28",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/8221263.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "C001123",
      "disclosureDate": "2025-11-18",
      "transactionDate": "2025-10-21",
      "firstName": "Gilbert",
      "lastName": "Cisneros",
      "office": "Gilbert Cisneros",
      "district": "CA31",
      "owner": "",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20033455.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2025-11-11",
      "transactionDate": "2025-10-27",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Sale",
      "amount": "$15,001 - $50,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/8221228.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001136",
      "disclosureDate": "2025-10-22",
      "transactionDate": "2025-09-25",
      "firstName": "Lisa",
      "lastName": "McClain",
      "office": "Lisa McClain",
      "district": "MI09",
      "owner": "Spouse",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20032129.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "H001094",
      "disclosureDate": "2025-10-10",
      "transactionDate": "2025-09-23",
      "firstName": "Valerie",
      "lastName": "Hoyle",
      "office": "Valerie Hoyle",
      "district": "OR04",
      "owner": "Spouse",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Sale (Full)",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20032211.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2025-09-26",
      "transactionDate": "2024-03-25",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Exchange",
      "amount": "$100,001 - $250,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/9115662.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "H001094",
      "disclosureDate": "2025-09-12",
      "transactionDate": "2024-10-29",
      "firstName": "Valerie",
      "lastName": "Hoyle",
      "office": "Valerie Hoyle",
      "district": "OR04",
      "owner": "Spouse",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20032070.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001136",
      "disclosureDate": "2025-08-13",
      "transactionDate": "2025-07-22",
      "firstName": "Lisa",
      "lastName": "McClain",
      "office": "Lisa McClain",
      "district": "MI09",
      "owner": "Spouse",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Sale (Full)",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20030891.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001136",
      "disclosureDate": "2025-08-13",
      "transactionDate": "2025-06-09",
      "firstName": "Lisa",
      "lastName": "McClain",
      "office": "Lisa McClain",
      "district": "MI09",
      "owner": "Spouse",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20030891.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001136",
      "disclosureDate": "2025-08-13",
      "transactionDate": "2025-06-10",
      "firstName": "Lisa",
      "lastName": "McClain",
      "office": "Lisa McClain",
      "district": "MI09",
      "owner": "Spouse",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Sale (Partial)",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20030891.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001136",
      "disclosureDate": "2025-08-13",
      "transactionDate": "2025-07-16",
      "firstName": "Lisa",
      "lastName": "McClain",
      "office": "Lisa McClain",
      "district": "MI09",
      "owner": "Spouse",
      "assetDescription": "SAP SE ADS",
      "assetType": "Stock",
      "type": "Purchase",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20030891.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2025-07-09",
      "transactionDate": "2025-06-16",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Sale",
      "amount": "$15,001 - $50,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/8221173.pdf"
    },
    {
      "symbol": "SAP",
      "senateID": "M001157",
      "disclosureDate": "2025-07-09",
      "transactionDate": "2025-06-09",
      "firstName": "Michael",
      "lastName": "McCaul",
      "office": "Michael McCaul",
      "district": "TX10",
      "owner": "Spouse",
      "assetDescription": "SAP SE",
      "assetType": "Stock",
      "type": "Sale",
      "amount": "$1,001 - $15,000",
      "capitalGainsOver200USD": "False",
      "comment": "",
      "link": "https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/8221173.pdf"
    }
  ],
  "dark_pool": [
    {
      "ticker": "SAP",
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      "volume": 5429.0,
      "trade_code": " "
    },
    {
      "ticker": "SAP",
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    {
      "ticker": "SAP",
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      "ticker": "SAP",
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    {
      "ticker": "SAP",
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      "size": 295.0,
      "price": 159.04,
      "premium": 46916.799999999996,
      "volume": 295.0,
      "trade_code": " "
    },
    {
      "ticker": "SAP",
      "executed_at": "2026-07-17T20:01:08.369000Z",
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      "premium": 33557.439999999995,
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    },
    {
      "ticker": "SAP",
      "executed_at": "2026-07-17T20:01:08.375000Z",
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      "trade_code": " "
    },
    {
      "ticker": "SAP",
      "executed_at": "2026-07-17T19:59:54.793000Z",
      "size": 200.0,
      "price": 159.02,
      "premium": 31804.000000000004,
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  ],
  "ats": {
    "symbol": "SAP",
    "date": "20260717",
    "ats_volume": 0,
    "total_volume": 989992,
    "ats_ratio": 0.0,
    "ats_pct": 0.0,
    "signal": "Low",
    "history": [
      {
        "date": "20260717",
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      },
      {
        "date": "20260716",
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      {
        "date": "20260715",
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      },
      {
        "date": "20260714",
        "ats_ratio": 0.0
      },
      {
        "date": "20260713",
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    ]
  },
  "polygon_dp": {
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        "date": "2026-07-17",
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        "vwap": 158.69,
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        "vwap_discount_pct": -0.22
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        "date": "2026-07-16",
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        "date": "2026-07-15",
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    "avg_vwap_discount_pct": -0.24,
    "signal": "Distribution"
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  "options_flow": [
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      "size": 22,
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    {
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  ],
  "net_premium": {
    "ticker": "SAP",
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    "put_premium": "581937.00",
    "bullish_premium": "679821.00",
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    "put_call_ratio": "0.97995188452285485164",
    "iv_rank": "93.4613",
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    {
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      "option_symbol": "SAP260717P00150000",
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      "iv": 14.3196803506283,
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    {
      "underlying_symbol": "SAP",
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      "delta": 0.327369753017244,
      "ask_volume": 192,
      "last_price": "1.32",
      "implied_volatility": "14.39125340810722",
      "gamma": 0.180400737966246,
      "avg_price": "0.4880751879699248120300751875",
      "bid_volume": 456,
      "nbbo_ask": "1.70",
      "strike": "160",
      "option_symbol": "SAP260717C00160000",
      "total_premium": "32457.00",
      "iv": 11.6641284679308,
      "volume": 665,
      "nbbo_bid": "0"
    },
    {
      "underlying_symbol": "SAP",
      "expires": "2026-08-21",
      "open_interest": 76,
      "option_type": "call",
      "delta": 0.367413609049232,
      "ask_volume": 2,
      "last_price": "5.90",
      "implied_volatility": "0.505009692945771",
      "gamma": 0.0149237119889864,
      "avg_price": "5.4486187845303867403314917129",
      "bid_volume": 346,
      "nbbo_ask": "6.20",
      "strike": "170",
      "option_symbol": "SAP260821C00170000",
      "total_premium": "197240.00",
      "iv": 0.512374854445485,
      "volume": 362,
      "nbbo_bid": "5.50"
    },
    {
      "underlying_symbol": "SAP",
      "expires": "2026-07-17",
      "open_interest": 1483,
      "option_type": "put",
      "delta": -0.606231908323313,
      "ask_volume": 121,
      "last_price": "1.30",
      "implied_volatility": "2.284840580049932",
      "gamma": 0.118587468589553,
      "avg_price": "1.7158282208588957055214723926",
      "bid_volume": 131,
      "nbbo_ask": "2.95",
      "strike": "160",
      "option_symbol": "SAP260717P00160000",
      "total_premium": "55936.00",
      "iv": 18.9105187772943,
      "volume": 326,
      "nbbo_bid": "0.80"
    },
    {
      "underlying_symbol": "SAP",
      "expires": "2026-08-07",
      "open_interest": 19,
      "option_type": "call",
      "delta": 0.597532762585963,
      "ask_volume": 0,
      "last_price": "10.90",
      "implied_volatility": "0.580217770764979",
      "gamma": 0.0159378073246687,
      "avg_price": "10.900000000000000000000000000",
      "bid_volume": 81,
      "nbbo_ask": "12.70",
      "strike": "155",
      "option_symbol": "SAP260807C00155000",
      "total_premium": "88290.00",
      "iv": 0.63624841033237,
      "volume": 81,
      "nbbo_bid": "10.70"
    },
    {
      "underlying_symbol": "SAP",
      "expires": "2026-08-21",
      "open_interest": 228,
      "option_type": "call",
      "delta": 0.518639313492192,
      "ask_volume": 4,
      "last_price": "10.00",
      "implied_volatility": "0.512255362111307",
      "gamma": 0.0159768303392032,
      "avg_price": "9.750625000000000000000000000",
      "bid_volume": 76,
      "nbbo_ask": "10.10",
      "strike": "160",
      "option_symbol": "SAP260821C00160000",
      "total_premium": "78005.00",
      "iv": 0.505912882544486,
      "volume": 80,
      "nbbo_bid": "9.40"
    }
  ]
}

Market Environment

Data:

{
  "vix": 16.5,
  "sp500": 7572.4,
  "fed_funds": 3.64,
  "yield_curve_10y2y": 0.42,
  "hy_spread": 2.72,
  "treasury": {
    "date": "2026-07-17",
    "month1": 3.73,
    "month2": 3.8,
    "month3": 3.85,
    "month6": 3.96,
    "year1": 4.01,
    "year2": 4.18,
    "year3": 4.21,
    "year5": 4.28,
    "year7": 4.4,
    "year10": 4.55,
    "year20": 5.07,
    "year30": 5.06
  },
  "events": []
}

Intraday Patterns

Data:

{
  "days": 31,
  "patterns": [
    {
      "name": "VWAP Touch",
      "count": 31,
      "pct": 100
    },
    {
      "name": "9 EMA Touch",
      "count": 31,
      "pct": 100
    },
    {
      "name": "21 EMA Touch",
      "count": 31,
      "pct": 100
    },
    {
      "name": "PDH/PDL Touch",
      "count": 30,
      "pct": 97
    },
    {
      "name": "ORB Breakout",
      "count": 29,
      "pct": 94
    },
    {
      "name": "Woodie Pivot Touch",
      "count": 25,
      "pct": 81
    },
    {
      "name": "Open Retracement",
      "count": 23,
      "pct": 74
    },
    {
      "name": "Darvas Box",
      "count": 14,
      "pct": 45
    },
    {
      "name": "Gap Fill",
      "count": 9,
      "pct": 29
    },
    {
      "name": "High Vol Open",
      "count": 6,
      "pct": 19
    },
    {
      "name": "Power Hour",
      "count": 3,
      "pct": 10
    }
  ]
}