|Bid||127.82 x 1100|
|Ask||127.81 x 1100|
|Day's Range||127.39 - 128.17|
|52 Week Range||94.81 - 130.67|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||30.84|
|Forward Dividend & Yield||1.67 (1.36%)|
|1y Target Est||140.97|
After its $8 billion acquisition of Qualtrics late last year, the European software giant — with North American headquarters in Newtown Square — is betting that it can fend off heavy-hitting competitors like Microsoft and Oracle by integrating its operational expertise with Qualtrics’ customer sentiment data, creating what it calls “experience management.” Since the beginning of the year, SAP has also seen departures in its top leadership, rolled out a restructuring plan affecting about 4,400 employees worldwide, set ambitious goals for boosting margins in its growing cloud business and drew the attention of activist investor Elliot Management, which invested $1.3 billion in SAP (NYSE: SAP) in April to acquire a roughly 1% stake. SAP’s global transformation is also unfolding at its Delaware County campus, where more than 3,300 employees across sales, marketing, executive leadership and other functions work every day.
The Palo Alto company was founded by a group of former leaders at Fusion-io Inc. and has now raised more than $200 million and nearly doubled its valuation since last summer to about $540 million, according to PitchBook Data.
Microsoft Corp and Oracle Corp on Wednesday said they reached an agreement to make their two cloud computing services work together with high-speed links between their data centers, targeting big business users and uniting against cloud computing leader Amazon.com's Amazon Web Services. The two companies said the high-speed link between their data centers would start with facilities in the eastern United States and spread to other regions. The move comes as both Oracle and Microsoft are courting large businesses and government customers considering moving computing tasks currently handled in their own data centers to cloud providers.
Salesforce (CRM) is releasing earnings after market close today and expectations are high. Salesforce has beaten EPS estimates the last 4 quarters by high double-digit percentages.
LONDON, June 4, 2019 /PRNewswire/ -- SAP SE (SAP) today announced leading international bank HSBC Holdings plc as the 2019 recipient of the Klaus Tschira Human Resources Innovation Award for digitally transforming its HR offering to serve its workforce of 275,000 people more effectively. Along with the award, SAP will make a €10,000 donation to the National Autistic Society, the United Kingdom's leading charity for autistic people and their families, on behalf of HSBC. "HSBC has made its employees the focus of its digital HR transformation," said Greg Tomb, president, SAP SuccessFactors.
Uber Technologies Inc. (NYSE: UBER) announced first quarter 2019 results which were $0.01 share worse than analyst expectations at a loss of $2.26 per share. Other Bets revenue, primarily consisting of Uber Freight – a digital freight matching marketplace, increased 263 percent year-over-year to $145 million. UBER does not provide specifics on the profitability of Uber Freight, instead including the division's results with Other Bets.
In 2015, a year after Satya Nadella became its CEO and committed his company to the cloud, I put some Microsoft (NASDAQ:MSFT) shares in my retirement account and forgot about them. My patience has been rewarded. A $53 investment in MSFT stock is worth almost $127 now, and reinvesting dividends has brought me more shares, which have also risen in value.Source: Shutterstock With a market cap of $972 billion, Microsoft is now the world's most valuable company, and despite his earnest philanthropy, co-founder Bill Gates is worth over $100 billion.The question is how long can the company keep growing without getting into the same monopoly penalty box that kept it from reaching its 1999 highs until 2016?InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's Nadella's challenge now. Spreading Bets Through CloudThe key is to continue spreading the company's bets, using the Azure cloud, growing as humbly as it can. * 10 Names That Are Screaming Stocks to Buy The humility is evident in the company's numbers. Growth returned just two years ago, and net income was lower in fiscal 2018 than in 2017. But Nadella was using the time to build infrastructure and relationships. The big benefits have begun appearing in the last six months. At its present pace, Microsoft will bring in well over $120 billion of revenue and over $30 billion of net income during fiscal 2019, adding to a cash pile that had reached $131 billion at the end of March. Microsoft has already piled up over $21 billion in operating cash flow through the first half of the fiscal year. Forget it becoming IBM (NYSE:IBM), Microsoft is now Apple (NASDAQ:AAPL).The key lies in partnering with other companies and not trying to consume them. Microsoft has over 200 cloud partners, most of which you have never heard of, for whom its tools are essential. Microsoft has deep relationships with companies like Adobe (NASDAQ:ADBE) and SAP (NYSE:SAP). But it has avoided a big acquisition that might lead rivals to compare it with Oracle (NASDAQ:ORCL), which bought many of its database channel partners in the 2000s, then demanded monopoly rents.The best evidence for how well this works is a recent announcement with Sony (NYSE:SNE) on gaming and streaming. The two firms' consoles have battled each other for decades. But in the new field of cloud gaming, they position themselves as underdogs against Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), which are already in the field. Good to Not Be KingThe strength of other cloud czars is Microsoft's secret weapon in any battle with regulators.Windows is no longer a monopoly thanks to Google Chromebooks. Skype is barely mentioned in video calling -- the focus is all on Zoom Video (NASDAQ:ZM). No one worries about LinkedIn because Facebook (NASDAQ:FB) is so dominant.The acquisitions Microsoft is making are on the bleeding edge, in the Internet of Things, where it trails Chinese giants like Alibaba (NASDAQ:BABA). Microsoft was seen as a good home for Github, the open source repository, because it's seen as more neutral than other potential acquirers, like IBM, might be. The Bottom LineIn his most recent conference call, Nadella emphasized areas like security, hardware and social, where the company clearly trails market leaders.But Microsoft Azure is the most profitable cloud. Microsoft booked $9.7 billion of revenue as "intelligent cloud" during the quarter, with margins of over 20%, putting $3.4 billion of new capital to work there. Again, thank goodness for Amazon. No one is screaming about an "Azure monopoly."So long as Nadella can keep spreading his bets, Microsoft and investors like me will keep smiling all the way to the bank.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT, AMZN and AAPL. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post The Real Reason Microsoft Stock Stands Out Among Other Big Tech Names appeared first on InvestorPlace.
Here Are the Latest Battles Apple Has Been Fighting(Continued from Prior Part)A $1.2 trillion marketApple (AAPL) and German business software company SAP SE (SAP) are taking their enterprise mobility partnership to a new level. The companies
SAP's resilient Cloud and Software business, act as staple growth drivers. Impressive growth in S/4HANA and other Cloud initiatives has supported the company's top line.
SOUTH SAN FRANCISCO, California, May 21, 2019 /PRNewswire/ -- SAP SE (SAP) today announced global legal practice Eversheds Sutherland Ltd has implemented cloud-based SAP® SuccessFactors® solutions for human capital management (HCM) to help increase efficiency and streamline operations for its International organization offices. The SAP SuccessFactors Employee Central solution has been rolled out to approximately 3,000 employees throughout the United Kingdom, France, Luxembourg, Middle East and Asia. Eversheds Sutherland's key strategic HR priority is to deliver a consistent and superior employee experience.
The spend management software company started in France but its founder and CEO has been operating from the U.S. headquarters it opened in Redwood City in 2011.
Pirates president welcomes 600 SAP employees and hints at major project to come, which is expected to include entertainment and several buildings.
WALLDORF, Germany, May 14, 2019 /PRNewswire/ -- SAP SE (SAP) today announced "Design Thinking and Challenge Management," a new course on the openSAP platform to introduce learners to two methodologies, which together foster innovation on an enterprise and personal level. This is the first step in a new collaboration between SAP and former world boxing champion Dr. Wladimir Klitschko and his company, Klitschko Ventures GmbH. The SAP® Design Thinking methodology promotes out-of-the-box thinking and the development of new approaches in an agile, fast and structured way.
Of the many categories in the tech world, none is more ferociously competitive than enterprise. For decades, SAP, Oracle, Adobe, Microsoft, IBM and Salesforce, to name a few of the giants, have battled to deliver the tools businesses want to become more productive and competitive. Last year alone, the top 10 enterprise acquisitions were worth $87 billion and included IBM’s acquiring Red Hat for $34 billion, SAP paying $8 billion for Qualtrics, Microsoft landing GitHub for $7.5 billion, Salesforce acquiring MuleSoft for $6.5 billion and Adobe grabbing Marketo for $4.75 billion.
Business Software Vendors' Latest: MSFT, IBM, SAP, ORCL, and ADBE(Continued from Prior Part)SAP is transitioning to the cloudActivist investor Elliott last month revealed that it owns shares worth ~$1.3 billion in SAP SE (SAP), representing a ~1.0%
Business Software Vendors' Latest: MSFT, IBM, SAP, ORCL, and ADBE(Continued from Prior Part)SAP says all the pieces are in placeSAP SE’s (SAP) buying other companies to help it strengthen its existing businesses and diversify into new markets has
Last week saw Apple expanding its partnership with SAP, Spotify challenge the Apple tax in the EU, Apple scooping up Intel 5G employees while seeing its iPhone market share continue to slide.
Adobe (NASDAQ:ADBE) continues to prove why it is one of Wall Street's favorite investments. On March 15, the creative software maker announced strong Q1 results as the company delivered broad-based sales growth, lifting Adobe stock. Specifically, ADBE reported record revenue of $2.6 billion, up 25% year-over-year.Source: Shutterstock A big winner over the past several years, ADBE still remains on track to produce consistent growth for the foreseeable future. However, this week has once again reminded investors what volatility due to political uncertainty, such as the U.S-China trade wars, may mean for their portfolios. Therefore Adobe stock price might be weak in the short-term, especially between now and June 18, when the company is slated to report its Q2 earnings. * 7 Dangerous Dividend Stocks to Stay Far Away From Adobe Stock Thrives on Strong FundamentalsADBE reports the revenue of two of its segments: Digital Media and Digital Experience.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Digital Media segment includes revenues from Adobe Creative Cloud (CC) and Adobe Document Cloud. In recent years, Creative Cloud's revenues have increased by high double-digit percentage levels, driven by increases in subscriptions by both B2C and B2B customers In Q1, the Digital Media segment's revenue was $1.78 billion, while Creative's revenue jumped to $1.49 billion and Document Cloud reached record revenue of $282 million.The Digital Experience segment includes Adobe Experience Cloud, which offers a range of cloud-based tools for marketing, advertising, analytics and content management. Customers use these tools to better manage their marketing initiatives. This segment has been been adding more enterprise customers to its ecosystem. Its Q1 revenue rose 34% year-over-year to $743 million.Many analysts agree that Adobe's 2018 acquisition of Marketo, a marketing software and e-commerce platform, as well as Magento Commerce, a market-leading e-commerce platform, has helped ADBE grow its market share in Software-as-a-Service (SaaS) and become a digital-marketing platform leader.Going forward, ADBE has enough cash on hand to finance more potential acquisitions to fuel the growth of its digital-experience segment. ADBE's Subscription Model Has Boosted Adobe Stock PriceAdobe's flagship software products for video, graphic and audio content creation include Photoshop, Illustrator, Acrobat and Dreamveawer. In 2012, when Adobe first announced that it had switched from a software- licensing model for Adobe Creative Cloud to a monthly subscription-based model, Wall Street was not sure as to how this radical approach would affect Adobe stock price.Overall, Adobe offers powerful solutions that face little competition. As a result, many customers decided to move to Adobe's subscription cloud solutions because there was no real alternative. The subscription model has enabled Adobe to achieve high gross margins and raise its prices without losing customers.Fast forward to 2019, and investors realize that the significant risk that Adobe has taken has paid off: Users, the company and investors are all happy with the subscription model.Users always have the latest versions of Adobe's software, ADBE does not have to persuade customers to buy a newer version every few years, and the owners of Adobe stock have been thrilled with its recurring, stable income;, asabout 85% of ADBE's revenue now comes from subscriptions.As ADBE offers more cloud-based products, Wall Street is expecting the company's dominance and revenue to grow. So far, most of ADBE's revenue has come from the U.S. But Wall Street believes the company can easily grow its businesses in both Asia and Europe, adding to the current $3 billion of annual revenue that ADBE obtains from these regions.Investors also believe that Adobe will be able to push deeper into customer relationship management (CRM) through Sensei, its artificial intelligence (AI) platform, boosting its top line and Adobe stock . Adobe's Partnership With MicrosoftAdobe's strengths are not limited to its robust financial results. Management has also been taking important steps to make the company a leader in the content-creation space.Since 2016, Adobe has had a powerful partnership with Microsoft's (NASDAQ:MSFT) cloud business, Azure. The two companies work together to provide cloud-based data to enterprises.Additionally, Adobe's Experience Cloud and Microsoft's Dynamics CRM platform will be integrated with Microsoft's LinkedIn. Pooling Adobe platform's data with Microsoft's tools could cause the gains of Adobe stock to accelerate.The strong and unique collaboration between Adobe and Microsoft has fueled rumors that Microsoft may purchase Adobe as early as 2020. Many analysts increasingly believe that Microsoft is looking at Adobe as more than just a partner. If MSFT does buy ADBE, the owners of Adobe stock are likely to be rewarded handsomely. The Bottom Line on Adobe StockADBE is the dominant player in the cloud-based software market. Adobe stock is a winning name that many investors are likely to stick with. Within two to three years, investors who buy Adobe stock are likely to be rewarded handsomely. By then, ADBE could become a takeover target.Tech stocks may continue to be volatile in May, and I would not advocate trying to identify stocks that could be immune to a U.S.-China trade war. In the past few trading days, ADBE stock price is down almost 10%.But if Adobe stock price declines further, long-term investors may find Adobe stock particularly attractive. I believe Adobe stock price is likely to find major support between $250 and $260.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Tips for New Investors Young and Old * 10 Great Stocks to Buy on Dips Compare Brokers The post Adobe Stock Is a Good Long-Term Investment appeared first on InvestorPlace.
ORLANDO, Florida , May 9, 2019 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced project "Embrace," a collaboration program with Microsoft Azure, Amazon Web Services (AWS) and Google Cloud ...