SAP stock continues recovery toward €200 mark

SAP shares are experiencing a continued recovery, rising to approximately €186 after hitting a low of €127.50. The stock is currently trading near recent highs, with market attention focused on whether it can surpass the September peak of €192 and approach the €200 mark.

Recent discussions surrounding artificial intelligence are providing renewed interest in the software company. While the stock has entered a broader sideways phase after gaining more than 40% from its lows, buyers have consistently stepped in during recent pullbacks. Key support levels are identified between €164 and €170.