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SAP News and Press, SAP SE ADS From 04/27/24

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Company Name: SAP SE ADS
Stock Symbol: SAP
Market: NYSE
Website: sap.com

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

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. ...

SAP - The Race to Build AI Infrastructure: Who Will Power the Next Tech Revolution?

VANCOUVER – USA News Group – The economic impact of the AI revolution is growing at a hyperbolic rate, with analysts at PWC projecting AI’s potential contribution to the global economy to hit US$15.7 trillion by 2030 . Behind the scenes powering this shift are man...

SAP - VIGI: Blue Chip International Growth

2024-04-24 09:42:09 ET Summary Vanguard International Dividend Appreciation Index Fund is a blue-chip portfolio on non-US stocks. VIGI offers a potential total return upside of 13% on EPS growth of 8% valued at 17x PE or 2x PEG. VIGI tracks the S&P Non-US Dividend Growers ...

SAP - BlackLine upgraded on strong SAP cloud fundamentals: Piper Sandler

2024-04-23 09:21:28 ET More on BlackLine BlackLine: Subsequent Guidance Raise Could Be A Potential Catalyst BlackLine, Inc. (BL) Q4 2023 Earnings Call Transcript Magnolia Oil & Gas to join S&P SmallCap 600 BlackLine Non-GAAP EPS of $0.69 beats by $0.1...

SAP - Salesforce And Informatica: No Matter How It Ends, These Are The Takeaways

2024-04-23 07:14:41 ET Summary Rumors of Salesforce acquiring Informatica have caused a stir in the market. Salesforce has seen significant growth and profitability, leading to speculation about further acquisitions. Informatica, a data-management software provider, denies any...

SAP - SAP Price Target Alert: $220.00. Issued by JMP Securities

2024-04-23 06:00:08 ET Patrick Walravens from JMP Securities issued a price target of $220.00 for SAP on 2024-04-23 04:33:00. The adjusted price target was set to $220.00. At the time of the announcement, SAP was trading at $178.18. The overall price target consensus is ...

SAP - SAP Q1 Earnings: AI Transformation Is Well Underway

2024-04-23 02:03:16 ET Summary SAP reported Q1 FY24 earnings in line with expectations, showing progress towards its Ambition 2025 targets. Cloud revenues and backlog continue to grow at strong rates, demonstrating the success of SAP's turnaround efforts. With no significant c...

SAP - SAP SE (SAP) Q1 2024 Earnings Call Transcript

2024-04-22 21:14:10 ET SAP SE (SAP) Q1 2024 Earnings Call Transcript April 22, 2024 05:00 PM ET Company Participants Anthony Coletta - Chief Investor Relations Officer Christian Klein - Chief Executive Officer Dominik Asam - Chief Financial Officer Scott Russ...

SAP - SAP SE Non-GAAP EPS of ?0.81, revenue of ?8.04B

2024-04-22 16:15:40 ET More on SAP SE Sequoia Fund -  SAP SE: We See A Clear Path To Enhanced Profitability SAP Is Overvalued, But Its 2024 Transformation Bodes Well For The Future SAP: Fantastic Transformation But Markets Are Getting Ahead Of Themselves (Rating...

SAP - SAP Announces Q1 2024 Results

SAP Announces Q1 2024 Results PR Newswire Cloud revenue up 24% and up 25% at constant currencies, supported by 32% Cloud ERP Suite revenue growth at constant currencies Current cloud backlog of €14.2 billion, up 27% and up 28% at constant currencies IFRS cloud g...

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