SAP stock at EUR 211.25, down 0.61% premarket
Published on 11/13/2026 at 08:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat Matters Before The Open
- SAP reported double-digit growth across cloud and total revenue in the third quarter.
- Cloud backlog reached EUR 24.1 billion, supporting visibility for recurring revenue.
- CFO Dominik Asam is scheduled to participate in the Morgan Stanley TMT Conference on November 19.
SAP stock traded at EUR 211.25 on Lang & Schwarz at 08:37 CET on Friday, November 13, 2026, 0.61% below the Xetra close of Thursday, November 12, 2026 at EUR 212.55.
SAP's latest operating update showed continued momentum in its cloud business. According to SAP Investor Relations, third-quarter cloud revenue rose 26% year over year, while total revenue increased 13%. The current cloud backlog reached EUR 24.1 billion, up 28%.
Cloud Growth Sets The Tone
The figures keep recurring cloud demand at the center of the investment case. SAP also reported 29% growth for Cloud ERP Suite revenue and an 18% increase in IFRS operating profit in the third quarter. The company updated its 2026 cloud revenue and cloud and software revenue outlook alongside the results.
SAP's next scheduled investor event is the Morgan Stanley TMT Conference in Barcelona on November 19. CFO Dominik Asam is due to participate in a fireside chat, giving investors a near-term opportunity to hear management's priorities.
The DAX remains the relevant benchmark for German large-cap shares.
More news and analyses are available on the SAP stock page.
