Movement Alert｜SAP SE Rises 3.09% in Pre-Market Trading, Cloud Business Growth Momentum Continues to Boost Market Confidence

Market Focus08-03

On August 3, SAP SE rose 3.09% in pre-market trading, trading at $189.43/share, with turnover of $1.8721 million. The stock has accumulated a rebound of over 13% in the past week, marking its best weekly performance in months.

On the news front, SAP reported second-quarter cloud business revenue growth of 22% year-over-year, with cloud backlog reaching €22.929 billion, up 27% year-over-year. Total quarterly revenue came in at €9.878 billion, up 9% YoY, while IFRS net income surged 26% to €2.209 billion. The strong cloud growth trajectory continues to underpin investor confidence in the company's transition momentum.

Additional supportive factors include the EU Commission's conclusion of its antitrust investigation into SAP, as well as management insider buying around the earnings release period. HSBC raised its target price for SAP, while Barclays maintained an overweight rating with a $242 price target. Morgan Stanley also noted that prior pessimism toward the software sector had been overdone, maintaining a positive stance on the broader SaaS space.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1193037002?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-03 17:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1193037002","market":"us","top_or_hot":-1,"title":"Movement Alert｜SAP SE Rises 3.09% in Pre-Market Trading, Cloud Business Growth Momentum Continues to Boost Market Confidence","media":"Market Focus","content":"<p><p>On August 3, SAP SE rose 3.09% in pre-market trading, trading at $189.43/share, with turnover of $1.8721 million. The stock has accumulated a rebound of over 13% in the past week, marking its best weekly performance in months.</p><p>On the news front, SAP reported second-quarter cloud business revenue growth of 22% year-over-year, with cloud backlog reaching €22.929 billion, up 27% year-over-year. Total quarterly revenue came in at €9.878 billion, up 9% YoY, while IFRS net income surged 26% to €2.209 billion. The strong cloud growth trajectory continues to underpin investor confidence in the company's transition momentum.</p><p>Additional supportive factors include the EU Commission's conclusion of its antitrust investigation into SAP, as well as management insider buying around the earnings release period. HSBC raised its target price for SAP, while Barclays maintained an overweight rating with a $242 price target. Morgan Stanley also noted that prior pessimism toward the software sector had been overdone, maintaining a positive stance on the broader SaaS space.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜SAP SE Rises 3.09% in Pre-Market Trading, Cloud Business Growth Momentum Continues to Boost Market Confidence</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜SAP SE Rises 3.09% in Pre-Market Trading, Cloud Business Growth Momentum Continues to Boost Market Confidence\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-03 17:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 3, SAP SE rose 3.09% in pre-market trading, trading at $189.43/share, with turnover of $1.8721 million. The stock has accumulated a rebound of over 13% in the past week, marking its best weekly performance in months.</p><p>On the news front, SAP reported second-quarter cloud business revenue growth of 22% year-over-year, with cloud backlog reaching €22.929 billion, up 27% year-over-year. Total quarterly revenue came in at €9.878 billion, up 9% YoY, while IFRS net income surged 26% to €2.209 billion. The strong cloud growth trajectory continues to underpin investor confidence in the company's transition momentum.</p><p>Additional supportive factors include the EU Commission's conclusion of its antitrust investigation into SAP, as well as management insider buying around the earnings release period. HSBC raised its target price for SAP, while Barclays maintained an overweight rating with a $242 price target. Morgan Stanley also noted that prior pessimism toward the software sector had been overdone, maintaining a positive stance on the broader SaaS space.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SAP","symbol_name":"SAP SE","start_time":0,"source_url":"","article_id":"1193037002","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1193037002","pubTimestamp":1785750107,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 3, SAP SE rose 3.09% in pre-market trading, trading at $189.43/share, with turnover of $1.8721 million. The stock has accumulated a rebound of over 13% in the past week, marking its best...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAP":"SAP SE"},"translate_title":"动态警报|SAP SE盘前交易上涨3.09%，云业务增长势头持续提振市场信心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAP":1},"content_text":"On August 3, SAP SE rose 3.09% in pre-market trading, trading at $189.43/share, with turnover of $1.8721 million. The stock has accumulated a rebound of over 13% in the past week, marking its best weekly performance in months.On the news front, SAP reported second-quarter cloud business revenue growth of 22% year-over-year, with cloud backlog reaching €22.929 billion, up 27% year-over-year. Total quarterly revenue came in at €9.878 billion, up 9% YoY, while IFRS net income surged 26% to €2.209 billion. The strong cloud growth trajectory continues to underpin investor confidence in the company's transition momentum.Additional supportive factors include the EU Commission's conclusion of its antitrust investigation into SAP, as well as management insider buying around the earnings release period. HSBC raised its target price for SAP, while Barclays maintained an overweight rating with a $242 price target. Morgan Stanley also noted that prior pessimism toward the software sector had been overdone, maintaining a positive stance on the broader SaaS space.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1193037002","isCrawlerRequest":true}