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Date | Price Target | Rating | Analyst |
---|---|---|---|
10/22/2024 | $248.00 → $265.00 | Outperform | BMO Capital Markets |
10/16/2024 | Neutral → Buy | Cleveland Research | |
7/31/2024 | Hold → Buy | Argus | |
6/28/2024 | $218.00 → $237.00 | Market Perform → Outperform | BMO Capital Markets |
5/23/2024 | $227.00 | Outperform | Bernstein |
4/26/2024 | $215.00 → $218.00 | Market Perform | BMO Capital Markets |
3/21/2024 | Overweight | KeyBanc Capital Markets | |
2/2/2024 | Hold → Buy | Jefferies |
6-K - SAP SE (0001000184) (Filer)
S-8 - SAP SE (0001000184) (Filer)
6-K - SAP SE (0001000184) (Filer)
3 - SAP SE (0001000184) (Reporting)
BMO Capital Markets reiterated coverage of SAP SE with a rating of Outperform and set a new price target of $265.00 from $248.00 previously
Cleveland Research upgraded SAP SE from Neutral to Buy
Argus upgraded SAP SE from Hold to Buy
Current cloud backlog of €15.4 billion, up 25% and up 29% at constant currenciesCloud revenue up 25% and up 27% at constant currenciesCloud ERP Suite revenue up 34% and up 36% at constant currenciesTotal revenue up 9% and up 10% at constant currenciesIFRS cloud gross profit up 26%, non-IFRS cloud gross profit up 27% and up 28% at constant currenciesIFRS operating profit up 29%, non-IFRS operating profit up 27% and up 28% at constant currenciesSAP raises its 2024 outlook for cloud and software revenue, operating profit and free cash flowWALLDORF, Germany, Oct. 21, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) announced today its financial results for the third quarter ended September 30, 2024.
Current cloud backlog of €14.8 billion, up 28%, both at nominal and constant currenciesCloud revenue up 25%, underpinned by 33% Cloud ERP Suite revenue growth, all at nominal and constant currenciesTotal revenue up 10%, both at nominal and constant currenciesIFRS cloud gross profit up 29%, non-IFRS cloud gross profit up 28% and up 29% at constant currenciesIFRS operating profit down 11% due to restructuring expenses of €0.6 billion. Non-IFRS operating profit up 33% and up 35% at constant currencies2024 financial outlook reiterated. 2025 operating profit ambition increased to reflect anticipated incremental efficiency gains from expanded transformation programWALLDORF, Germany, July 22, 2024
Cloud revenue up 24% and up 25% at constant currencies, supported by 32% Cloud ERP Suite revenue growth at constant currenciesCurrent cloud backlog of €14.2 billion, up 27% and up 28% at constant currenciesIFRS cloud gross profit up 27%, non-IFRS cloud gross profit up 27% and up 28% at constant currenciesIFRS operating loss of –€0.8 billion due to a €2.2 billion restructuring provisionNon-IFRS operating profit up 16% and up 19% at constant currencies even including higher share-based compensation resulting from strong share price increaseOutlook 2024 reaffirmedWALLDORF, Germany, April 22, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) announced today its financial results for the first quarter ended
Current cloud backlog of €15.4 billion, up 25% and up 29% at constant currenciesCloud revenue up 25% and up 27% at constant currenciesCloud ERP Suite revenue up 34% and up 36% at constant currenciesTotal revenue up 9% and up 10% at constant currenciesIFRS cloud gross profit up 26%, non-IFRS cloud gross profit up 27% and up 28% at constant currenciesIFRS operating profit up 29%, non-IFRS operating profit up 27% and up 28% at constant currenciesSAP raises its 2024 outlook for cloud and software revenue, operating profit and free cash flowWALLDORF, Germany, Oct. 21, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) announced today its financial results for the third quarter ended September 30, 2024.
Innovations at TechEd 2024 Showcase SAP's Vast Collection of Business AI Game-Changers, from Collaborative Agents to Knowledge Graph Capabilities and Generative AI Developer Features in SAP Build WALLDORF, Germany, Oct. 8, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today unveiled groundbreaking AI innovations across a technology foundation that drives 87% of global commerce, putting its generative AI copilot Joule at the center of a new way of doing business. At its annual SAP TechEd conference, SAP announced powerful new capabilities that complement and extend Joule, including collaborative AI agents imbued with custom skills to complete complex cross-disciplinary tasks. Other innovations inclu
SAN FRANCISCO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Gainsight, the world's leading customer success platform, today announced a strategic partnership with SAP, delivering a powerful integration between Gainsight CS and SAP Sales Cloud. The integration will help businesses transform how they deliver value-driven customer experiences at scale to maximize customer retention and revenue growth. Gainsight CEO Nick Mehta and President and COO Chuck Ganapathi, along with SAP's Senior Vice President, SAP CX Solution Management, Nitin Badjatia, will discuss the partnership during SAP's CX Live Event happening today. The handoff between pre- and post-sales remains a persistent challenge in driving lo
SC 13G/A - SAP SE (0001000184) (Subject)
SC 13G/A - SAP SE (0001000184) (Subject)
SC 13G/A - SAP SE (0001000184) (Subject)
USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, Aug. 20, 2024 /PRNewswire/ -- USA News Group – The race to dominate the artificial intelligence (AI) space continues to heat up, with Goldman Sachs recently asking the question "Will the $1 trillion of generative AI investment pay off?". According to Goldman Sachs Asset Management portfolio managers, their confidence continues to increase that this technology cycle is indeed real. It's a global phenomenon, with Brazil recently proposing a $4 billion AI investment plan of its own. Big tech is banking on this AI boom as infrastructure spending indeed nears the $1-trillion mark. However, it's not just the silicon valley
WALLDORF, Germany, July 30, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced that the SAP Supervisory Board has reached a mutual agreement with Executive Board members Scott Russell and Julia White to leave the company's Executive Board, effective August 31st. Chief Revenue Officer Scott Russell has played a central role in helping SAP customers around the world on their journey to the cloud. His success gives SAP the opportunity to develop the full potential of the company's best-of-suite offering, ensuring customers take advantage of SAP's solutions to maximize agili
WALLDORF, Germany, June 5, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) and WalkMe Ltd. (NASDAQ:WKME) announced today that the companies have entered into a definitive agreement under which SAP will acquire WalkMe, a leader in digital adoption platforms (DAPs). WalkMe's solutions help organizations navigate constant technology change by providing users with advanced guidance and automation features that enable them to execute workflows seamlessly across any number of applications. This results in higher adoption of the underlying application and as such drives value realization. The
On CNBC's “Mad Money Lightning Round,” Jim Cramer said TORM plc (NASDAQ:TRMD) has a “remarkably high dividend yield. And as long as it has that dividend yield, the stock's going to stay up. But, when things start going bad, and they always do in this business, that yield's going to start going down.” On July 23, Evercore ISI Group analyst Jonathan Chappell maintained TORM with an Outperform rating, while increasing the price target from $45 to $48. Cramer recommended buying Trane Technologies plc (NYSE:TT). “Hard to stop a Trane,” he added. Trane Technologies will report its second-quarter financial results on Wednesday, July 31. Analysts expect the company to report quarterly earni
To gain an edge, this is what you need to know today. Speculative Sentiment Note the following: This article is about the big picture, not an individual stock. The chart of TSLA stock is being used to illustrate the point. Speculative sentiment is one of the major drivers of the stock market. Right now, speculative sentiment is in the very high zone. The battle of humanoid robots and robotaxis vs. electric vehicles is ahead. The result of the battle will significantly add to or take away from the speculative sentiment. The chart shows TSLA stock ran up on gamma squeeze. Gamma squeeze is an important Wall Street mechanic. Investors can gain a big edge by learning about W
Shares of Comcast Corporation (NASDAQ:CMCSA) fell sharply during Tuesday's session after the company reported worse-than-expected second-quarter sales results. Comcast reported second-quarter revenue decline of 2.7% year-over-year to $29.69 billion, missing the analyst consensus estimate of $30.02 billion.The company reported adjusted EPS of $1.21, beating analyst consensus estimates of $1.12, according to data from Benzinga Pro. Comcast shares declined 6.1% to $37.12 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Azitra, Inc. (NYSE:AZTR) shares jumped 529% to $10.19 after the company announced that the U.S. Patent and Trademark Office grant