SAP, Aspermont, AppLovin – AI models with powerful upward momentum

SAP – Mixed feelings

Shareholders of the European software giant have experienced a rollercoaster ride in recent days. After SAP shares hit a new low for the year at EUR 209.70 in mid-September, they have since risen by more than 5% to EUR 225.15. The reason for this was a strategically far-reaching collaboration.

SAP, AI pioneer OpenAI, and tech giant Microsoft have forged a historic alliance. Under the name "OpenAI for Germany," an AI platform for German public administration is to be created starting in 2026. The infrastructure will be provided by SAP subsidiary Delos Cloud, operated on Microsoft's Azure, with a focus on European data protection standards and cloud sovereignty.

At the heart of the project is a clear vision: to make administrative processes more efficient, for example, in file management, data analysis, and communication. Technologically, the platform is highly ambitious with SAP planning to expand to 4,000 GPUs to ensure sufficient computing power for AI applications. Microsoft CEO Satya Nadella emphasizes the importance of Azure as a reliable foundation: "AI deployment must be data-secure, compliant, and resilient."

But the project is about more than just efficiency: it forms a key part of the German government's national digital strategy. The goal is for AI to contribute 10% to GDP by 2030. As part of the "Made for Germany" initiative, investments of over EUR 631 billion have been pledged, with Walldorf alone planning to invest over EUR 20 billion.

Aspermont – From specialist publisher to data champion of the mining industry

Aspermont's market capitalization currently stands at just EUR 11.8 million, with a share price of EUR 0.004. However, the Company's ambitions and vision under the dynamic CEO, Alex Kent, are considerable, leaving substantial upside potential in this equity story. In their latest investment study, analysts at GBC AG alone gave a "Buy" rating with a price target of EUR 0.02, which would represent a fivefold increase on the current price level.

Aspermont is positioning itself as an indispensable data partner for the global mining industry, with a scalable model, strong moat, and growing focus on AI. At the heart of the business is a scalable subscription model that provides Digital Content as a Service to a global community of over 3.8 million professionals. But this is only part of the business model. Aspermont also offers the mining industry events, digital marketing solutions, and data-driven services, all on one platform. The digital transformation process has been running successfully for over nine years.

The focus is on what is arguably the Company's most valuable asset: a unique digital data archive comprising over two centuries of expertise. Historical issues of renowned titles such as the Mining Journal have been processed and made searchable. This exclusive data collection provides in-depth insights into market cycles, technology trends, and project developments.

With the new Mining IQ platform and a fresh partnership with industry heavyweight Rio Tinto, Aspermont is now entering the field of AI-supported data analysis. The goal is to monetize the data treasures via automated analysis tools.

AppLovin – Bullish analysts

Since hitting its low for the year in April, AppLovin's stock has staged a spectacular rally, outperforming by 234% to reach USD 669.86. Nevertheless, UBS still sees massive upside potential.

Analysts at the major Swiss bank have raised their price target significantly from USD 540 to USD 810. In the bull case, they even consider USD 1,000 possible - the highest known price target for AppLovin to date.

The reasons for the optimism lie primarily in the further development of the Company's own marketing platform, Axon 2.0, which, according to UBS, is expected to gain massive efficiency within the next 12 months. Background discussions with market participants have also revealed sustained high demand for AI-powered advertising and recommendation programs among Fortune 1000 companies.

According to UBS, AppLovin also remains dominant in the mobile gaming segment. Despite increasing competition, no other provider has been able to seriously challenge its market share so far.

After hitting a new yearly low, SAP shares successfully defended their support level following the announcement of a strategic partnership with Microsoft and OpenAI. According to UBS analysts, AppLovin continues to offer significant upside potential, while Aspermont is likely poised to experience a growth spurt thanks to its AI-driven data solutions.