SAP's AI Strategy and Near-Term Upside
Interesting to see $SAP pushing towards $161 today after that impressive gap-up. It seems the market is finally giving them some credit for their recent AI acquisitions and integration efforts, especially with the latest cloud ERP enhancements driven by Joule. I'd put a 60% probability on $SAP consolidating above $158 by month-end, with a potential retest of today's highs. Their BTP platform is proving quite sticky, and if they can demonstrate tangible ROI from the AI layer for their enterprise clients, further upside could materialize in Q3. The key will be customer adoption numbers in the next earnings.
I'm still learning about SAP's ecosystem. Does Joule mainly enhance the cloud ERP, or does it have broader implications across their other offerings like CRM or supply chain?