SAP SE shares closed at $164.18 on May 14 following recent volatility. The stock previously experienced a notable drop on May 13. After-hours indications showed a slight rebound to $164.85.
Investors expressed concern regarding the company's new Autonomous Enterprise AI strategy. SAP now requires legacy customers to migrate at least 50% of maintenance spending to the cloud to access new on-premises AI features. Analysts view this requirement as a potential friction point for the existing customer base.
High-severity security vulnerabilities in Commerce Cloud and S/4HANA further impacted market sentiment. These flaws could allow unauthorized access or arbitrary code execution if not promptly patched.