SAP shares set for biggest daily drop since 2020

SAP shares set for biggest daily drop since 2020

MILAN, Jan 29 : Shares in Europe's largest software maker SAP were set for their steepest daily fall since October 2020 on Thursday, down over 10 per cent after results failed to stem a slide that has wiped around $150 billion off its market value from its 2025 peak.The German group reported fourth-quarter re

SAP shares see biggest drop since 2020 after fourth-quarter cloud contract growth disappoints

It's the biggest daily fall since October 26 2020, when stock dropped 22% following disappointing third quarter results

SAP Shares Plunge Most Since 2020 As Cloud Backlog Miss Amid AI Worries

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Why Is SAP Stock Sinking Thursday? - SAP (NYSE:SAP)

German software giant SAP SE ADS (NYSE:SAP) stock tumbled Thursday after the company reported mixed fourth-quarter fiscal 2025 results. Revenue rose 3% Y/Y (+9% Y/Y in constant currencies) to 9.68 billion euros, while non-IFRS EPS increased 16% Y/Y to 1.62 euros. In USD, SAP reported quarterly earnings of $1.89 per share, which beat the analyst estimate of $1.76 and revenue of $11.27 billion, which missed the Street estimate of $11.46 billion. I…

SAP meets Q4 revenue forecasts as cloud demand holds up

Jan 29 – SAP on Thursday reported fourth-quarter ‍revenue that met market estimates, as resilient demand for its ‌cloud software ‌and services suggested enterprise spending held up despite a cooling ​global economy. The company reported ‍total ​revenue of 9.7 ​billion euros ($11.6 billion) ‍for the quarter, in line with a company-compiled consensus. Cloud revenue ‍for the fourth quarter came in ‍at ‍5.6 billion ​euros versus ​a ⁠consensus of 5.5…