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   <title>Erste Group Upgrades SAP (SAP:GR) (SAP) to Buy</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Erste+Group+Upgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Buy/27261821.html</link>
   <description>&lt;p&gt;Erste Group analyst Hans Engel upgraded SAP (SAP:GR) (NYSE: SAP) from Hold to Buy with a price target of EUR0.00.&lt;/p&gt;</description>
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   <pubDate>Fri, 30 Oct 2026 07:27:39 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>Erste Group Upgrades SAP (SAP:GR) (SAP) to Buy</title>
   <link>http://www.streetinsider.com/Upgrades/Erste+Group+Upgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Buy/27261821.html</link>
   <description>&lt;p&gt;Erste Group analyst Hans Engel upgraded SAP (SAP:GR) (NYSE: SAP) from Hold to Buy with a price target of EUR0.00.&lt;/p&gt;</description>
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   <pubDate>Fri, 30 Oct 2026 07:27:39 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>Erste Group Upgrades SAP (SAP:GR) (SAP) to Buy</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Erste+Group+Upgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Buy/27261821.html</link>
   <description>&lt;p&gt;Erste Group analyst Hans Engel upgraded SAP (SAP:GR) (NYSE: SAP) from Hold to Buy with a price target of EUR0.00.&lt;/p&gt;</description>
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   <pubDate>Fri, 30 Oct 2026 07:27:39 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>Erste Group Upgrades SAP (SAP:GR) (SAP) to Buy</title>
   <link>http://www.streetinsider.com/Upgrades/Erste+Group+Upgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Buy/27261821.html</link>
   <description>&lt;p&gt;Erste Group analyst Hans Engel upgraded SAP (SAP:GR) (NYSE: SAP) from Hold to Buy with a price target of EUR0.00.&lt;/p&gt;</description>
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   <pubDate>Fri, 30 Oct 2026 07:27:39 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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  <item>
   <title>SAP stock drops after ServiceNow, Fortinet results weigh</title>
   <link>http://www.streetinsider.com/Investing/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</link>
   <description>&lt;p&gt;Investing.com -- SAP shares fell nearly 2% in premarket trading Thursday following disappointing results from software peers ServiceNow and Fortinet, which intensified concerns about artificial intelligence disruption in the sector.&lt;/p&gt;
&lt;p&gt;Software companies have faced heightened scrutiny this year as investors assess the potential for newer AI models to disrupt traditional business models. &lt;/p&gt;
&lt;p&gt;&lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;Fortinet&lt;/span&gt;&lt;/span&gt; dropped 27% in the premarket trade, making it the top decliner on Wall Street’s benchmark index. The cybersecurity company raised its annual results expectations, but analysts highlighted decelerating revenue growth in its services unit, reflecting high expectations for a stock that has rallied 119% this year.&lt;/p&gt;
&lt;p&gt;ServiceNow slid</description>
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   <pubDate>Thu, 29 Oct 2026 08:35:22 -0400</pubDate>
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   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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  <item>
   <title>SAP stock drops after ServiceNow, Fortinet results weigh</title>
   <link>http://www.streetinsider.com/General+News/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</link>
   <description>&lt;p&gt;Investing.com -- SAP shares fell nearly 2% in premarket trading Thursday following disappointing results from software peers ServiceNow and Fortinet, which intensified concerns about artificial intelligence disruption in the sector.&lt;/p&gt;
&lt;p&gt;Software companies have faced heightened scrutiny this year as investors assess the potential for newer AI models to disrupt traditional business models. &lt;/p&gt;
&lt;p&gt;&lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;Fortinet&lt;/span&gt;&lt;/span&gt; dropped 27% in the premarket trade, making it the top decliner on Wall Street’s benchmark index. The cybersecurity company raised its annual results expectations, but analysts highlighted decelerating revenue growth in its services unit, reflecting high expectations for a stock that has rallied 119% this year.&lt;/p&gt;
&lt;p&gt;ServiceNow slid</description>
   <guid isPermaLink="true">http://www.streetinsider.com/General+News/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</guid>
   <pubDate>Thu, 29 Oct 2026 08:35:22 -0400</pubDate>
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   <title>SAP stock drops after ServiceNow, Fortinet results weigh</title>
   <link>http://www.streetinsider.com/Investing/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</link>
   <description>&lt;p&gt;Investing.com -- SAP shares fell nearly 2% in premarket trading Thursday following disappointing results from software peers ServiceNow and Fortinet, which intensified concerns about artificial intelligence disruption in the sector.&lt;/p&gt;
&lt;p&gt;Software companies have faced heightened scrutiny this year as investors assess the potential for newer AI models to disrupt traditional business models. &lt;/p&gt;
&lt;p&gt;&lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;Fortinet&lt;/span&gt;&lt;/span&gt; dropped 27% in the premarket trade, making it the top decliner on Wall Street’s benchmark index. The cybersecurity company raised its annual results expectations, but analysts highlighted decelerating revenue growth in its services unit, reflecting high expectations for a stock that has rallied 119% this year.&lt;/p&gt;
&lt;p&gt;ServiceNow slid</description>
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   <pubDate>Thu, 29 Oct 2026 08:35:22 -0400</pubDate>
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   	  </item>
  <item>
   <title>SAP stock drops after ServiceNow, Fortinet results weigh</title>
   <link>http://www.streetinsider.com/General+News/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</link>
   <description>&lt;p&gt;Investing.com -- SAP shares fell nearly 2% in premarket trading Thursday following disappointing results from software peers ServiceNow and Fortinet, which intensified concerns about artificial intelligence disruption in the sector.&lt;/p&gt;
&lt;p&gt;Software companies have faced heightened scrutiny this year as investors assess the potential for newer AI models to disrupt traditional business models. &lt;/p&gt;
&lt;p&gt;&lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;Fortinet&lt;/span&gt;&lt;/span&gt; dropped 27% in the premarket trade, making it the top decliner on Wall Street’s benchmark index. The cybersecurity company raised its annual results expectations, but analysts highlighted decelerating revenue growth in its services unit, reflecting high expectations for a stock that has rallied 119% this year.&lt;/p&gt;
&lt;p&gt;ServiceNow slid</description>
   <guid isPermaLink="true">http://www.streetinsider.com/General+News/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</guid>
   <pubDate>Thu, 29 Oct 2026 08:35:22 -0400</pubDate>
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   	  </item>
  <item>
   <title>SAP stock drops after ServiceNow, Fortinet results weigh</title>
   <link>http://www.streetinsider.com/Investing/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</link>
   <description>&lt;p&gt;Investing.com -- SAP shares fell nearly 2% in premarket trading Thursday following disappointing results from software peers ServiceNow and Fortinet, which intensified concerns about artificial intelligence disruption in the sector.&lt;/p&gt;
&lt;p&gt;Software companies have faced heightened scrutiny this year as investors assess the potential for newer AI models to disrupt traditional business models. &lt;/p&gt;
&lt;p&gt;&lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;Fortinet&lt;/span&gt;&lt;/span&gt; dropped 27% in the premarket trade, making it the top decliner on Wall Street’s benchmark index. The cybersecurity company raised its annual results expectations, but analysts highlighted decelerating revenue growth in its services unit, reflecting high expectations for a stock that has rallied 119% this year.&lt;/p&gt;
&lt;p&gt;ServiceNow slid</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Investing/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</guid>
   <pubDate>Thu, 29 Oct 2026 08:35:22 -0400</pubDate>
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   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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  <item>
   <title>SAP stock drops after ServiceNow, Fortinet results weigh</title>
   <link>http://www.streetinsider.com/General+News/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</link>
   <description>&lt;p&gt;Investing.com -- SAP shares fell nearly 2% in premarket trading Thursday following disappointing results from software peers ServiceNow and Fortinet, which intensified concerns about artificial intelligence disruption in the sector.&lt;/p&gt;
&lt;p&gt;Software companies have faced heightened scrutiny this year as investors assess the potential for newer AI models to disrupt traditional business models. &lt;/p&gt;
&lt;p&gt;&lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;Fortinet&lt;/span&gt;&lt;/span&gt; dropped 27% in the premarket trade, making it the top decliner on Wall Street’s benchmark index. The cybersecurity company raised its annual results expectations, but analysts highlighted decelerating revenue growth in its services unit, reflecting high expectations for a stock that has rallied 119% this year.&lt;/p&gt;
&lt;p&gt;ServiceNow slid</description>
   <guid isPermaLink="true">http://www.streetinsider.com/General+News/SAP+stock+drops+after+ServiceNow%2C+Fortinet+results+weigh/27253768.html</guid>
   <pubDate>Thu, 29 Oct 2026 08:35:22 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">FTNT</category>
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   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>SAP unveils AI agent tools and deploys model on space station</title>
   <link>http://www.streetinsider.com/Corporate+News/SAP+unveils+AI+agent+tools+and+deploys+model+on+space+station/27235833.html</link>
   <description>&lt;p&gt;SAP SE (NYSE: SAP) announced a series of AI developer tools at its annual SAP TechEd conference in Berlin on Oct. 27, 2026, including updates to its Joule Work and Joule Studio platforms and the SAP Business AI Platform.&lt;/p&gt;&lt;p&gt;The company introduced new capabilities for Joule Work, including agentic thinking features for multistep business workflows, expanded SAP Knowledge Graph functionality to incorporate third-party data sources, and a new SAP Enterprise AI Gateway solution for centralized AI traffic management. A new AI Governance Assistant is designed to help customers meet compliance requirements under the EU AI Act.&lt;/p&gt;&lt;p&gt;Joule Studio, SAP's AI development environment,</description>
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   <pubDate>Tue, 27 Oct 2026 05:38:25 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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  <item>
   <title>SAP Empowers AI Developers to Build What Matters and Turn Intent into Autonomous Execution</title>
   <link>http://www.streetinsider.com/Press+Releases/SAP+Empowers+AI+Developers+to+Build+What+Matters+and+Turn+Intent+into+Autonomous+Execution/27235618.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
                &lt;p&gt;&lt;i&gt;&lt;location&gt;International Space Station's&lt;/location&gt; use of tabular AI and expanded partnerships demonstrate the art of the possible with &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt; AI&lt;/i&gt;&lt;/p&gt;
                &lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/de..berlin&quot; idsrc=&quot;xmltag.org&quot; &gt;BERLIN&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Oct. 27, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- &lt;a target=&quot;_blank&quot; href=&quot;http://www.sap.com/&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot; &gt;SAP SE&lt;/span&gt;&lt;/a&gt; (NYSE: &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt;) today announced a series of AI innovations at its annual &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt; TechEd conference that expands its portfolio for developers. The enhancements to</description>
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   <pubDate>Tue, 27 Oct 2026 04:00:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAPGF</category>
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  <item>
   <title>SAP Empowers AI Developers to Build What Matters and Turn Intent into Autonomous Execution</title>
   <link>http://www.streetinsider.com/PRNewswire/SAP+Empowers+AI+Developers+to+Build+What+Matters+and+Turn+Intent+into+Autonomous+Execution/27235618.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
                &lt;p&gt;&lt;i&gt;&lt;location&gt;International Space Station's&lt;/location&gt; use of tabular AI and expanded partnerships demonstrate the art of the possible with &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt; AI&lt;/i&gt;&lt;/p&gt;
                &lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/de..berlin&quot; idsrc=&quot;xmltag.org&quot; &gt;BERLIN&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Oct. 27, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- &lt;a target=&quot;_blank&quot; href=&quot;http://www.sap.com/&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot; &gt;SAP SE&lt;/span&gt;&lt;/a&gt; (NYSE: &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt;) today announced a series of AI innovations at its annual &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt; TechEd conference that expands its portfolio for developers. The enhancements to</description>
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   <pubDate>Tue, 27 Oct 2026 04:00:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   	  </item>
  <item>
   <title>SAP Empowers AI Developers to Build What Matters and Turn Intent into Autonomous Execution</title>
   <link>http://www.streetinsider.com/Press+Releases/SAP+Empowers+AI+Developers+to+Build+What+Matters+and+Turn+Intent+into+Autonomous+Execution/27235618.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
                &lt;p&gt;&lt;i&gt;&lt;location&gt;International Space Station's&lt;/location&gt; use of tabular AI and expanded partnerships demonstrate the art of the possible with &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt; AI&lt;/i&gt;&lt;/p&gt;
                &lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/de..berlin&quot; idsrc=&quot;xmltag.org&quot; &gt;BERLIN&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Oct. 27, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- &lt;a target=&quot;_blank&quot; href=&quot;http://www.sap.com/&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot; &gt;SAP SE&lt;/span&gt;&lt;/a&gt; (NYSE: &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt;) today announced a series of AI innovations at its annual &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt; TechEd conference that expands its portfolio for developers. The enhancements to</description>
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   <pubDate>Tue, 27 Oct 2026 04:00:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAPGF</category>
   	  </item>
  <item>
   <title>SAP Empowers AI Developers to Build What Matters and Turn Intent into Autonomous Execution</title>
   <link>http://www.streetinsider.com/PRNewswire/SAP+Empowers+AI+Developers+to+Build+What+Matters+and+Turn+Intent+into+Autonomous+Execution/27235618.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
                &lt;p&gt;&lt;i&gt;&lt;location&gt;International Space Station's&lt;/location&gt; use of tabular AI and expanded partnerships demonstrate the art of the possible with &lt;span value=&quot;Frankfurt:SAP&quot; idsrc=&quot;xmltag.org&quot;&gt;SAP&lt;/span&gt; AI&lt;/i&gt;&lt;/p&gt;
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   <pubDate>Tue, 27 Oct 2026 04:00:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAPGF</category>
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  <item>
   <title>Form  6-K        SAP SE                    For: Oct 26</title>
   <link>http://www.streetinsider.com/SEC+Filings/Form++6-K++++++++SAP+SE++++++++++++++++++++For%3A+Oct+26/27230948.html</link>
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   <pubDate>Mon, 26 Oct 2026 08:00:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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  <item>
   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at HSBC</title>
   <link>http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+HSBC/27225380.html</link>
   <description>&lt;p&gt;HSBC analyst Abhishek Shukla raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00 (from EUR196.00) while maintaining a Buy rating.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Constant currency current cloud backlog increased 26% y-o-y in 3Q26 (consensus 24.6%, 2Q26 26%). Non-GAAP operating profit was 1-2% above expectations. SAP now expects 2026e constant currency cloud and software revenue growth towards the high-end of the previous guidance of 12-13%. SAP continues to expect revenue acceleration and margin expansion in 2027e and expects operating costs to rise at 80-90% of the growth rate of revenue. We estimate SAP's NPV per share at EUR325 (from EUR287)</description>
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   <pubDate>Fri, 23 Oct 2026 08:30:39 -0400</pubDate>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+HSBC/27225380.html</link>
   <description>&lt;p&gt;HSBC analyst Abhishek Shukla raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00 (from EUR196.00) while maintaining a Buy rating.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Constant currency current cloud backlog increased 26% y-o-y in 3Q26 (consensus 24.6%, 2Q26 26%). Non-GAAP operating profit was 1-2% above expectations. SAP now expects 2026e constant currency cloud and software revenue growth towards the high-end of the previous guidance of 12-13%. SAP continues to expect revenue acceleration and margin expansion in 2027e and expects operating costs to rise at 80-90% of the growth rate of revenue. We estimate SAP's NPV per share at EUR325 (from EUR287)</description>
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   <pubDate>Fri, 23 Oct 2026 08:30:39 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+Comments/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+HSBC/27225380.html</link>
   <description>&lt;p&gt;HSBC analyst Abhishek Shukla raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00 (from EUR196.00) while maintaining a Buy rating.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Constant currency current cloud backlog increased 26% y-o-y in 3Q26 (consensus 24.6%, 2Q26 26%). Non-GAAP operating profit was 1-2% above expectations. SAP now expects 2026e constant currency cloud and software revenue growth towards the high-end of the previous guidance of 12-13%. SAP continues to expect revenue acceleration and margin expansion in 2027e and expects operating costs to rise at 80-90% of the growth rate of revenue. We estimate SAP's NPV per share at EUR325 (from EUR287)</description>
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   <pubDate>Fri, 23 Oct 2026 08:30:39 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at HSBC</title>
   <link>http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+HSBC/27225380.html</link>
   <description>&lt;p&gt;HSBC analyst Abhishek Shukla raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00 (from EUR196.00) while maintaining a Buy rating.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Constant currency current cloud backlog increased 26% y-o-y in 3Q26 (consensus 24.6%, 2Q26 26%). Non-GAAP operating profit was 1-2% above expectations. SAP now expects 2026e constant currency cloud and software revenue growth towards the high-end of the previous guidance of 12-13%. SAP continues to expect revenue acceleration and margin expansion in 2027e and expects operating costs to rise at 80-90% of the growth rate of revenue. We estimate SAP's NPV per share at EUR325 (from EUR287)</description>
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   <pubDate>Fri, 23 Oct 2026 08:30:39 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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  <item>
   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+HSBC/27225380.html</link>
   <description>&lt;p&gt;HSBC analyst Abhishek Shukla raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00 (from EUR196.00) while maintaining a Buy rating.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Constant currency current cloud backlog increased 26% y-o-y in 3Q26 (consensus 24.6%, 2Q26 26%). Non-GAAP operating profit was 1-2% above expectations. SAP now expects 2026e constant currency cloud and software revenue growth towards the high-end of the previous guidance of 12-13%. SAP continues to expect revenue acceleration and margin expansion in 2027e and expects operating costs to rise at 80-90% of the growth rate of revenue. We estimate SAP's NPV per share at EUR325 (from EUR287)</description>
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   <pubDate>Fri, 23 Oct 2026 08:30:39 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+Comments/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+HSBC/27225380.html</link>
   <description>&lt;p&gt;HSBC analyst Abhishek Shukla raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00 (from EUR196.00) while maintaining a Buy rating.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Constant currency current cloud backlog increased 26% y-o-y in 3Q26 (consensus 24.6%, 2Q26 26%). Non-GAAP operating profit was 1-2% above expectations. SAP now expects 2026e constant currency cloud and software revenue growth towards the high-end of the previous guidance of 12-13%. SAP continues to expect revenue acceleration and margin expansion in 2027e and expects operating costs to rise at 80-90% of the growth rate of revenue. We estimate SAP's NPV per share at EUR325 (from EUR287)</description>
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   <pubDate>Fri, 23 Oct 2026 08:30:39 -0400</pubDate>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at Berenberg</title>
   <link>http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+Berenberg/27224265.html</link>
   <description>Berenberg analyst Nay Soe Naing raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00  (from EUR205.00) while maintaining a Buy rating.</description>
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   <pubDate>Fri, 23 Oct 2026 04:59:20 -0400</pubDate>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at Berenberg</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+Berenberg/27224265.html</link>
   <description>Berenberg analyst Nay Soe Naing raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00  (from EUR205.00) while maintaining a Buy rating.</description>
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   <pubDate>Fri, 23 Oct 2026 04:59:20 -0400</pubDate>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR240 at Berenberg</title>
   <link>http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR240+at+Berenberg/27224265.html</link>
   <description>Berenberg analyst Nay Soe Naing raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR240.00  (from EUR205.00) while maintaining a Buy rating.</description>
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