SAP Shares Rise Most Since Jul.

SAP SE (SAP) Q3 2024 Earnings Call Highlights: Cloud Revenue Soars Amidst Macroeconomic Challenges
SAP SE (SAP) reports robust cloud growth and raises 2024 profit outlook despite facing economic headwinds and restructuring risks.
SAP’s stock rises on fast-growing cloud revenue
The company’s bottom line benefits from its customers’ shift to the cloud, where it has been able to pitch its growing range of AI services. When SAP’s customers move to the cloud, they generally spend more money on subscription fees than they do on its legacy, on-premises licenses.
SAP Shares Rise Most Since July as AI Tools Help Cloud Sales
SAP SE’s shares rose the most since July as cloud revenue soared at Europe’s biggest software company, which is transitioning customers away from locally run systems with the promise of artificial-intelligence tools and analytics.
SAP shares hit all-time high after upbeat cloud business outlook
By Hakan Ersen FRANKFURT (Reuters) -Shares in SAP were up 5% at market open on Tuesday, hitting an all-time high of 221 euros ($239.21) after the German software company raised its full-year targets on a strong cloud business in the third quarter.
SAP's Q3 Earnings & Revenues Up Y/Y on Cloud Strength, Outlook Raised
SAP SE SAP reported third-quarter 2024 non-IFRS earnings per share (EPS) of €1.23 ($1.35), which increased 6% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $1.31. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
SAP shares jump as cloud strength drives beat and raise performance in Q3
SAP raised its full-year guidance Monday after fiscal third-quarter results beat analyst expectations on both the top and bottom lines, driven by jump in cloud revenue. SAP raises its 2024 outlook adjusted operating profit to
SAP shares up 4.4% in early trade after raised cloud business outlook
FRANKFURT (Reuters) -Shares in SAP were up 4.4% in Lang & Schwarz pre-market trade on Tuesday after the German software company raised its full-year targets on strong cloud business in the third quarter.
SAP SE (SAP) Reports Strong Q3 Cloud Growth Driven by AI-Powered ERP Solutions as Cloud Revenue Climbs 25%
We recently compiled a list of the 20 AI News Investors Should Not Miss. In this article, we are going to take a look at ...
Business Insider4d
SAP SE: Strong Cloud Revenue Growth and Strategic Transition Justify Buy Rating
Sachin Mittal, an analyst from DBS, reiterated the Buy rating on SAP SE (0NW4 – Research Report). The associated price target remains the same with €260.00. Sachin Mittal has given his Buy rating ...
SAP Shares Rise to Record as AI Tools Boost Cloud Sales
SAP SE’s shares rose in premarket trading as cloud revenue soared at Europe’s biggest software company, which is ...
Top Analyst Reports for SAP, Goldman Sachs & Lockheed Martin
Today's Research Daily features new research reports on 16 major stocks, including SAP SE (SAP), The Goldman Sachs Group, Inc ...
SAP SE (0NW4) Receives a Hold from Kepler Capital
In a report released on October 22, Laurent Daure from Kepler Capital maintained a Hold rating on SAP SE (0NW4 – Research Report), with ...
SAP Dethrones ASML as Europe’s Most Valuable Technology Firm
ASML Holding NV lost its place as Europe’s most valuable technology company to software firm SAP SE after a guidance cut sent ...
OLD National Bancorp IN Has $348,000 Stock Holdings in SAP SE (NYSE:SAP)
OLD National Bancorp IN decreased its stake in SAP SE (NYSE:SAP – Free Report) by 21.9% in the third quarter, according to ...
SAP Stock Climbs After Mixed Q3 Results: EPS Beat, Revenues Miss
SAP shares are trading higher after the company reported its third-quarter financial results after Monday's closing bell.
Seeking Alpha4d
SAP SE (SAP) Q3 2024 Earnings Call Transcript
RISE with SAP is protected by XM Cyber ... their transformation and their journey to the cloud. So there's also per se upside also coming from our on-premise installed base, which we are then ...
Bloomberg L.P.4d
SAP to Scrutinize Partner Carahsoft After FBI Searched Office
SAP SE, Europe’s most valuable software company, is scrutinizing its relationship with government reseller Carahsoft Technology Corp. after the FBI raided the US company’s Virginia office in ...
SAP SE, Nucor Corporation: After hours movers
Shares of SAP SE (SAP) are rallying after the German software giant reported third quarter earnings that beat expectations on ...