SAP Stock Rally Extends into New Week

Dow Jones

07/27

0818 GMT - SAP shares are gaining ground on Monday, extending a rally from last week after the German business-software group surprised investors with strong revenue figures that showed the resilience of its cloud business. The group's current cloud backlog--a closely watched measure of sales that SAP expects over the coming year based on existing contracts--grew 26% at constant currencies in the second quarter, above expectations of around 24%. Shares in Frankfurt closed 9.3% higher on Friday and are up 5.4% at 147.74 euros on Monday. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

July 27, 2026 04:19 ET (08:19 GMT)

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