SAP Shares Drop After Guidance Disappoints -- Market Talk

Dow Jones
01/29

0824 GMT - SAP shares open sharply lower, with Citi analysts saying the company's 2026 guidance might look underwhelming in light of investors' high expectations. The German software giant's 2026 revenue outlook points to a limited growth acceleration and is marginally below consensus expectations, Citi says in a note. Larger deals signed last quarter with a gradual ramp-up mean some revenue will move beyond this year, Citi says. SAP needed an all-round acceleration to fight downbeat investor sentiment toward the sector, and this update might not be enough to clear the bar, the analysts say. Shares fall 9%. (adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

January 29, 2026 03:24 ET (08:24 GMT)

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