Movement Alert｜SAP SE Rises 3.08% in Pre-Market Trading, Cloud Business Strong Growth Continues to Drive Shares Higher

Market Focus

Aug 07

On August 7, SAP SE rose 3.08% in pre-market trading, trading at approximately $205.75/share, with turnover of $1.1787 million.

On the news front, SAP's second-quarter cloud business revenue grew 22% year-over-year, with cloud backlog reaching 22.929 billion euros, up 27% year-over-year. The strong cloud growth momentum continues to boost investor confidence. Total Q2 revenue came in at 9.878 billion euros, up 9% year-over-year, while IFRS net income surged 26% to 2.209 billion euros. Additionally, the European Commission concluded its antitrust investigation into SAP, and management insider buying provided further support.

On the investment bank side, HSBC raised its target price for SAP, while Barclays maintained its Overweight rating with a $242 price target. Berenberg also kept a Buy rating with a $230 target. SAP shares have continued to rebound in recent sessions as the market maintains an optimistic outlook on its cloud transformation prospects.

(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.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1199484239"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1199484239\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1199484239?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-07 16:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1199484239","market":"hk","top_or_hot":-1,"title":"Movement Alert｜SAP SE Rises 3.08% in Pre-Market Trading, Cloud Business Strong Growth Continues to Drive Shares Higher","media":"Market Focus","content":"<p><p>On August 7, SAP SE rose 3.08% in pre-market trading, trading at approximately $205.75/share, with turnover of $1.1787 million.</p><p>On the news front, SAP's second-quarter cloud business revenue grew 22% year-over-year, with cloud backlog reaching 22.929 billion euros, up 27% year-over-year. The strong cloud growth momentum continues to boost investor confidence. Total Q2 revenue came in at 9.878 billion euros, up 9% year-over-year, while IFRS net income surged 26% to 2.209 billion euros. Additionally, the European Commission concluded its antitrust investigation into SAP, and management insider buying provided further support.</p><p>On the investment bank side, HSBC raised its target price for SAP, while Barclays maintained its Overweight rating with a $242 price target. Berenberg also kept a Buy rating with a $230 target. SAP shares have continued to rebound in recent sessions as the market maintains an optimistic outlook on its cloud transformation prospects.</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 3.08% in Pre-Market Trading, Cloud Business Strong Growth Continues to Drive Shares Higher</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 3.08% in Pre-Market Trading, Cloud Business Strong Growth Continues to Drive Shares Higher\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\">2026-08-07 16:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 7, SAP SE rose 3.08% in pre-market trading, trading at approximately $205.75/share, with turnover of $1.1787 million.</p><p>On the news front, SAP's second-quarter cloud business revenue grew 22% year-over-year, with cloud backlog reaching 22.929 billion euros, up 27% year-over-year. The strong cloud growth momentum continues to boost investor confidence. Total Q2 revenue came in at 9.878 billion euros, up 9% year-over-year, while IFRS net income surged 26% to 2.209 billion euros. Additionally, the European Commission concluded its antitrust investigation into SAP, and management insider buying provided further support.</p><p>On the investment bank side, HSBC raised its target price for SAP, while Barclays maintained its Overweight rating with a $242 price target. Berenberg also kept a Buy rating with a $230 target. SAP shares have continued to rebound in recent sessions as the market maintains an optimistic outlook on its cloud transformation prospects.</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":"1199484239","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1199484239","pubTimestamp":1786092708,"columns":[{"name":"Data Report","id":30,"label_key":"dataReport"}],"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 7, SAP SE rose 3.08% in pre-market trading, trading at approximately $205.75/share, with turnover of $1.1787 million.On the news front, SAP's second-quarter cloud business revenue grew 22%...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAP":"SAP SE"},"translate_title":"走势警报|SAP SE盘前交易上涨3.08%，云业务强劲增长继续推动股价走高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAP":1},"content_text":"On August 7, SAP SE rose 3.08% in pre-market trading, trading at approximately $205.75/share, with turnover of $1.1787 million.On the news front, SAP's second-quarter cloud business revenue grew 22% year-over-year, with cloud backlog reaching 22.929 billion euros, up 27% year-over-year. The strong cloud growth momentum continues to boost investor confidence. Total Q2 revenue came in at 9.878 billion euros, up 9% year-over-year, while IFRS net income surged 26% to 2.209 billion euros. Additionally, the European Commission concluded its antitrust investigation into SAP, and management insider buying provided further support.On the investment bank side, HSBC raised its target price for SAP, while Barclays maintained its Overweight rating with a $242 price target. Berenberg also kept a Buy rating with a $230 target. SAP shares have continued to rebound in recent sessions as the market maintains an optimistic outlook on its cloud transformation prospects.(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":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}