5 Most Valuable European Tech Companies In The World

3. SAP SE (NYSE:SAP)

Market Cap as of March 6, 2023: $135.74 billion

SAP SE (NYSE:SAP) is a multinational software company based in Germany. The company’s product line includes more than 340 products spanning several categories, including financial management, enterprise resource planning, supply chain management, business technology platforms, CRM, and customer experience. The brand portfolio of SAP SE (NYSE:SAP) comprises AppGyver Oy, SAP Ariba, Coresystems AG, Datahug, and SAP Fieldglass. SAP SE (NYSE:SAP) has offices in 130 countries and is partnered with more than 20,000 companies worldwide.

On February 1, 2023, Nay Soe Naing, an analyst at Berenberg, increased the price target on SAP SE (NYSE:SAP) to €125 from €110 while keeping a Buy rating on the company’s stock.