SAP stock slips 0.44% to EUR 210.33 before Xetra
Published on 11/02/2026 at 08:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCloud growth remains in focus
- SAP's third-quarter cloud backlog rose 28 percent to EUR 24.1 billion.
- Cloud ERP Suite revenue increased 29 percent in the third quarter.
- SAP updated its 2026 cloud revenue and cloud and software outlook after the quarterly results.
SAP stock traded at EUR 210.33 on Lang & Schwarz at 08:05 CET on Monday, November 2, 2026, 0.44 percent below the Xetra close of Friday, October 30, 2026. The premarket indication points to a softer start after SAP stock closed the previous Xetra session at EUR 211.25.
SAP's third-quarter update remains the main company-specific reference for investors. According to SAP Investor Relations, current cloud backlog rose 28 percent to EUR 24.1 billion, while cloud revenue increased 26 percent. Cloud ERP Suite revenue advanced 29 percent, and total revenue grew 13 percent. SAP also reported an 18 percent increase in both IFRS and non-IFRS operating profit.
The company updated its 2026 cloud revenue and cloud and software outlook with the quarterly release. That combination keeps recurring cloud demand and the pace of enterprise AI adoption central to the investment case, while the premarket decline signals a cautious tone before the Xetra session.
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