🍪 Cookies

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Notice.

Cookies settings

Cookie Control

What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.

If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.

If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies

Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns



SAP takes pride with 2022 Q2 financials, especially with the cloud revenue, which is newly the most profitable field in the firm’s portfolio. As shown in company’s results below, Cloud revenue skyrocketed, which refers great performance by far. “As our Q2 results demonstrate, SAP’s portfolio is more relevant than ever. Our transition to the cloud is ahead of schedule. Our pipeline is strong, and we are winning market share. ”Claims Christian Klein, CEO of SAP SE. Nonetheless, we can see immense Earnings per Share drop.

Snímek obrazovky 2022-10-21 v 10.51.10




At first sight, you might think you are looking at some weird mountain range, instead of a price chart. SAP definitely took advantage on Covid-19 — as the price rose almost unbelievably — with companies having sought automation due pandemics. But, as you can see, easy come, easy go.


From the technical point of view, SAP’s price chart does not look alluring, so far. However, if you consider all pros and cons, and take a look at the chart again, you may spot great investment opportunity, as the price is dropping for nearly half a year. Therefore, there is a good probability, that the price may go up in the following months. [1]

Snímek obrazovky 2022-10-21 v 10.51.41

Performance of SAP SE stock over 5 years. Source: tradingview.com




This analysis was about German multinational software company - SAP. The initialism stands for System Analysis Program Development (translated). For instance, SAP redefined enterprise resource planning (ERP) and is a world’s top vendor of this software. Besides that, SAP operates in business software, cloud computing and consulting industry.


The firm is the second largest European tech company by market capitalization, according to the Begin Capital Markets, and also the largest German company by market capitalization. Volkswagen is third, for your imagination. The company itself has a long-track history, as it celebrated 50 years anniversary this year. And on top of that, SAP has made 75 acquisitions since 1991.


[1] Forward-looking statements are based on assumptions and current expectations, which may be inaccurate, or based on the current economic environment which is subject to change. Such statements are not guaranteeing of future performance. They involve risks and other uncertainties which are difficult to predict. Results could differ materially from those expressed or implied in any forward-looking statements.

Go back

The content of this material constitutes marketing communication and should not be considered as any type of investment advice and/or investment research and/or a solicitation for any transactions. This material was prepared for informational/educational purposes only and does not imply an obligation to perform investment transactions nor does it guarantee or predict future performance. BCM Begin Capital Markets Cy Ltd and its relevant persons including affiliates, agents, directors, or employees do not guarantee the accuracy, validity, timeliness, or completeness of any information/data provided by third parties and assume no liability for any loss arising from any investment made based on the said information/data. Past performance is no guarantee of future results.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.06% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the Risk Disclosure.

BCM Begin Capital Markets Cy Ltd. currently does not accept registrations from Slovenian nationals or residents.