Jan 29, 2026

SAP Stock: Shares Fall 11% After Earnings Report – Here’s Why

TLDR SAP shares crashed 11% Thursday after Q4 cloud backlog grew 25%, missing Wall Street’s 26% projection The drop represents SAP’s largest single-day decline since October 2020 when the stock fell 22% Management warned cloud backlog growth will “slightly decelerate” in 2026, adding to investor concerns Fourth quarter results showed cloud revenue up 26% to [...]

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