SAP SE Sponsored ADR (SAP)
SAP Stock Sees Biggest Drop Since 2020 Over Cloud Concerns
Shares in German tech giant SAP have reportedly seen their largest one-day loss since 2020. The decline came as the company rattled investors over the health of its cloud computing business, the Financial Times (FT) reported Thursday (Jan. 29).
SAP shares plunge on cloud backlog disappointment
German software giant SAP shares tumbled nearly 17% in early trading on Thursday after the company reported weaker-than-expected growth in its cloud contract backlog for the fourth quarter, marking its biggest daily drop in more than five years. SAP reported Q4 non-IFRS earnings per share of €1.62, up 16% from a year earlier, slightly below analysts' expectations of €1.76.
SAP's Q4 Earnings & Revenues Up Y/Y, Stock Down on Weak Cloud Backlog
SAP's Q4 EPS jumps 16% as cloud bookings and AI drive profits, but shares sink after cloud backlog and 2026 guidance miss expectations.
SAP SE (SAP) Q4 2025 Press Conference Call Transcript
SAP SE (SAP) Q4 2025 Press Conference Call Transcript
SAP shares set for biggest daily drop since 2020
Shares in Europe's largest software maker SAP were set for their steepest daily fall since October 2020 on Thursday, down over 10% after results failed to stem a slide that has wiped around $150 billion off its market value from its 2025 peak.
SAP shares get punished for slight miss on backlog
Shares of SAP were hammered on Thursday as the German software giant reported slower backlog growth than expected in the fourth quarter and also guided to a slight deceleration this year.
SAP shares see biggest drop since 2020 after reporting disappointing cloud contract value
It's the biggest daily fall since October 26 2020, when stock dropped 22% following disappointing third quarter results
SAP Expects Sales Growth to Accelerate Through Next Year on Strong Cloud Business
The business-software group closed 2025 with total revenue of €36.8 billion euros, up 11% at constant currencies.
SAP: A Costly Myth Masks A Forming Contrarian Setup
SAP SE is being sold off on AI disruption fears, yet it still runs the core operating systems of global enterprises, with ~98% renewal rates and deeply embedded, mission-critical workflows. AI does not replace SAP's role as a system of record. Instead, it plugs into SAP's harmonized data layer, reinforcing switching costs and accelerating cloud adoption rather than destroying the business. With cloud revenue growing ~10–12%, backlog targeted at +26%, and margins trending toward 26–27%, SAP looks like a misunderstood 2026 contrarian play — not a broken software story.
SAP: A Software Bear Market Weighs Ahead Of Earnings
SAP SE is rated Hold due to a bearish technical setup despite solid GARP valuation and strong EPS growth outlook. Q3 results showed robust cloud backlog growth (+23%), EBIT up 19% YoY, and upbeat management commentary on AI-driven demand. Forward 12-month non-IFRS EPS is estimated at $8.50, supporting a 30x P/E and ~10% upside, but technical risks dominate.
SAP: My Play Against 'AI Is Killing Software'
SAP stands out as a resilient software leader amid AI-driven sector headwinds and negative sentiment. Recent results show SAP's Q3 revenue up 11% Y/Y, with cloud revenue up 27% and operating margin at a record 27.4%. AI is a tailwind for SAP, not a threat; partnerships with Microsoft and Google and strong adoption of Joule Copilot reinforce competitive positioning.
SAP SE (SAP) Presents at Bank of America EU Tech Field Trip Transcript
SAP SE (SAP) Presents at Bank of America EU Tech Field Trip Transcript
