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home / news releases / sap strong cloud revenue to continue supporting prem

SAP - SAP: Strong Cloud Revenue To Continue Supporting Premium Valuation

SAP SE ADS

2024-04-27 11:36:29 ET

Summary

  • SAP's cloud business shows strong growth and a significant backlog, supporting a buy rating.
  • The adoption of AI is expected to drive further momentum in SAP's cloud business.
  • SAP's margins have the potential to benefit from AI integration.

Summary

For further details see:

SAP: Strong Cloud Revenue To Continue Supporting Premium Valuation
Stock Information
Company Name: SAP SE ADS
Stock Symbol: SAP
Market: NYSE
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