SAP SE shares fell the most in more than five years as current cloud backlog in the fourth quarter slipped to a level that ...

SAP forecast continued cloud growth in 2026 but guided for a modest deceleration in current cloud backlog expansion. The ...

Shares of SAP were hammered on Thursday as the German software giant reported slower backlog growth than expected in the fourth quarter and also guided to a slight deceleration this year.

CEO Roland Busch highlighted a promising start to fiscal year 2025 with a record €118 billion orders backlog. He emphasized strong performance in Smart Infrastructure and a recovering Digital ...