The US Supreme Court has dealt a procedural blow to German software leader SAP, refusing to dismiss a multibillion-dollar antitrust lawsuit filed by competitor Teradata. This decision ensures the high-stakes legal battle will proceed to trial in April 2026, creating significant uncertainty for the Walldorf-based corporation. The ruling arrives as SAP simultaneously showcases groundbreaking artificial intelligence developments, presenting investors with a complex picture of innovation against a backdrop of legal challenges.
Legal Battle Advances After Supreme Court Decision
Teradata, a US data analytics specialist, initiated this legal confrontation in 2018, alleging that SAP abused its dominant position in ERP software markets. The core allegation claims SAP systematically leveraged its market power to force customers into purchasing its proprietary HANA database, effectively pushing competitors out of the marketplace.
Monday’s Supreme Court rejection represents a substantial legal setback for SAP, transforming what could have been a quick resolution into a protracted confrontation. The company now confronts:
- A potentially lengthy courtroom proceeding commencing April 2026
- Significant financial exposure through potential damage payments if unsuccessful
- Extended legal uncertainty affecting investor confidence
- Substantial allocation of management focus and legal resources
In response to the ruling, SAP expressed disappointment while maintaining its position of innocence and confidence in ultimately prevailing through judicial proceedings.
Should investors sell immediately? Or is it worth buying SAP?
Strategic AI Advancements Amid Legal Pressures
Undeterred by these legal complications, SAP continues to drive its technological transformation forward. At the recent “SAP Connect” conference, the company unveiled substantial artificial intelligence initiatives, including new “Joule Agents” designed to function as intelligent assistants that automate and accelerate complex supply chain workflows.
Concurrently, SAP announced a strategic collaboration with American Express Global Business Travel aimed at developing AI-powered innovations for the business travel sector. These advancements unfold alongside ongoing global restructuring efforts, including the elimination of 82 positions at its Palo Alto research facility as part of continuing efficiency measures.
Investor Reaction Remains Surprisingly Positive
Financial markets demonstrated notable resilience following the unfavorable legal news from Washington. SAP shares currently trade at €235.40, maintaining a position comfortably above the 200-day moving average of €250.16. This market response suggests investors currently place greater confidence in SAP’s operational strength and AI progress than they assign risk to the ongoing legal situation.
This market calm, however, might prove temporary. The upcoming quarterly report scheduled for October 22 represents the next critical evaluation point, where cloud growth figures and order backlog will demonstrate whether SAP’s strategic direction is delivering tangible results.
Ad
SAP Stock: Buy or Sell?! New SAP Analysis from November 24 delivers the answer:
The latest SAP figures speak for themselves: Urgent action needed for SAP investors. Is it worth buying or should you sell? Find out what to do now in the current free analysis from November 24.
SAP: Buy or sell? Read more here...
