SAP AG (sap) PT Raised to $280 at CFRA

SAP AG (SAP) PT Raised to $310 at TD Cowen

January 28, 2025 5:30 PM EST

TD Cowen analyst Derrick Wood raised the price target on SAP AG (NYSE: SAP) to $310.00 (from $305.00) while maintaining a Buy rating.

The analyst commented, "SAP posted a solid 4Q w/ Cloud & Software growth of 11% cc, in line w/ ests. On-prem... More

SAP AG (SAP) PT Raised to $307 at BMO Capital

January 28, 2025 4:30 PM EST

BMO Capital analyst Keith Bachman raised the price target on SAP AG (NYSE: SAP) to $307.00 (from $265.00) while maintaining a Outperform rating.

The analyst comments "SAP reported a solid quarter, and our CY25 CC revenue growth estimates are moving modestly higher. However, our... More

SAP: more efficient AI will drive demand for our AI products

January 28, 2025 5:22 AM EST

FRANKFURT (Reuters) - SAP said on Tuesday that the prospect of cheaper and more energy-efficient artificial intelligence models, presaged by China's DeepSeek model, bodes well for growing demand for SAP's AI services.

"Yesterday ... (DeepSeek) showed that AI infrastructure will scale, it will become a commodity. Without this infrastructure... More

JPMorgan Reiterates Overweight Rating on SAP SE (SAP:GR) (SAP)

January 28, 2025 4:13 AM EST

JPMorgan analyst Toby Ogg reiterated an Overweight rating and EUR260.00 price target on SAP SE (SAP:GR) (NYSE: SAP).

The analyst comments: SAP has reported strong results with a Q4 EBIT beat of ~8% and an impressive current cloud backlog growth (leading indicator) of ~29% yoy cc (~29% yoy cc in Q3), which is... More

SAP SE (SAP) Misses Q4 EPS by 10c; offers guidance

January 28, 2025 12:59 AM EST

SAP SE (NYSE: SAP) reported Q4 EPS of EUR1.40, EUR0.10 worse than the analyst estimate of EUR1.50. Revenue for the quarter came in at EUR9.38 billion versus the consensus estimate of EUR9.74 billion.

GUIDANCE

For 2025, SAP now expects:

21.6 21.9 billion cloud revenue at constant currencies (2024: 17.14... More

SAP sees higher 2025 operating profit, as AI services catch on

January 28, 2025 12:21 AM EST

By Ludwig Burger and Hakan Ersen

WALLDORF, Germany (Reuters) -SAP, Europe's largest software maker, said on Tuesday it was more optimistic about its financial results this year due to faster growth in cloud computing and artificial intelligence.

The group said it expects operating profit in 2025, on a constant currency basis, to be between 10.3 billion euros and 10.6 billion euros ($10.75 billion-$11.06 billion).

SAP previously said its 2025 ambition was for operating profit of about 10.2 billion euros, total revenue of more than 37.5 billion euros and more than 21.5 billion euros in cloud revenue.

"Our strong position in data and Business AI... More

SAP SE (SAP) Q4 EPS €1.37

January 28, 2025 12:03 AM EST

SAP SE (NYSE: SAP) announced today its financial results for the fourth quarter and fiscal year ended December 31, 2024.

Christian Klein, CEO:
Q4 was a strong finish to the year, with half of our cloud order entry including AI. Looking at the full year, we exceeded our cloud goals, accelerating cloud revenue and current cloud backlog growth against a much larger base. Total cloud backlog now stands at 63 billion, up 40%. Revenue growth has returned to double-digits. Looking ahead, our strong... More

4Q Software Preview: JMP

January 24, 2025 5:10 AM EST

Patrick Walravens at JMP released a 4Q earning preview of companies in the software sector.

The analyst said, our private company checks suggest marginal improvement from 3Q to 4Q. So far, we have spoken to 13 private companies that were kind enough to share with us their sales attainments for the December quarter, nine of whom (69%) made or exceeded their sales plans. By comparison, in 3Q we had 16... More