New York, Jan 18, 2026, 15:19 EST — Market closed.
SAP SE’s U.S.-listed shares (SAP.N) closed Friday down 0.95% at $233.59, pressured heading into the long weekend. After hours, the stock ticked up slightly to $234.34. (The Wall Street Journal)
Timing is key. U.S. markets will be closed Monday in observance of Martin Luther King Jr. Day, forcing investors to adjust strategies ahead of a condensed week packed with earnings reports. (New York Stock Exchange)
SAP investors have a key date ahead. The company will release its fourth-quarter and full-year 2025 results on Jan. 29, bringing its outlook into sharper view after a rocky start to the year for software stocks. (SAP)
U.S. stocks finished Friday nearly unchanged after a volatile session ahead of the long weekend, as earnings season was just kicking off. “Most investors will take that as a win two weeks into the year,” said Anthony Saglimbene, chief market strategist at Ameriprise Financial. Bruce Zaro, managing director at Granite Wealth Management, noted, “Historically the middle part of January tends to be pretty choppy.” (Reuters)
Enterprise software stocks showed mixed moves. Salesforce dropped 2.75%, and ServiceNow slipped 2.94% on Friday. Oracle, on the other hand, edged up 0.65%, according to MarketWatch data. (MarketWatch)
Options activity in SAP caught eyes late Friday. According to MarketBeat, traders snapped up 5,494 put options—significantly above the usual volume noted. Put options, of course, allow the holder to sell shares at a predetermined price, often serving as a hedge against declines. (MarketBeat)
SAP, headquartered in Walldorf, provides enterprise software handling finance, procurement, and logistics for major firms. The company has been steering clients toward subscription-based cloud services. This transition can stabilize revenue streams but makes the stock vulnerable to the pace of customer migration and SAP’s messaging on pricing.
Ahead of the Jan. 29 report, investors will zero in on cloud demand, profitability, and the appetite for additional spending as SAP integrates more AI-driven features into its offerings. A shift in the company’s outlook could trigger sharp moves in the stock.
But here’s the rub: options flow might just reflect hedging rather than a clear directional wager. If SAP misses on guidance or hints at cautious customer spending, the stock could linger near recent lows, even with a solid quarter in the books.
SAP announced its results will be released at 06:00 CET (12:00 a.m. EST) on Jan. 29, followed by a management call at 07:00 CET (1:00 a.m. EST). (SAP)
