Christian Klein
- Jul 24
SAP cloud revenue beats estimates, but profit miss and acquisition costs trim 2026 outlook
Cloud revenue rose 24% to €6.28 billion, while operating profit fell short of analyst forecasts and the 2026 profit target was lowered after the Dremio and Prior Labs purchases.
- Jul 22
SAP stock halves from record high as 'SaaS apocalypse' fears grip market ahead of half-year results
Once the most valuable DAX company, SAP has seen its share price fall below €140 from a February 2025 peak of €284, as investors fret that AI agents could undermine the per-user subscription model.
