SAP Earnings

SAP reported its earnings on 2026-01-29, showcasing a revenue of 11.27B against an estimate of 11.46B, resulting in a -1.63% surprise. The EPS was 1.89, surpassing the expected 1.76 by 7.39%. The stock experienced a -15.2% price change on the earnings day and a -16.44% change over the next five days, reflecting market reactions to the results.

Following SAP's earnings announcement on 2026-01-29, the stock price moved by -15.2% on the day of the release. Over the subsequent five days, it saw a -16.44% change. Historically, SAP's stock price tends to shift by an average of 0.55% in the 10 days leading up to earnings and 3.37% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate SAP's annual revenue to reach 9.75B, while the EPS is projected at 1.90. These estimates reflect recent revisions, with revenue estimates revised upward by 0.01% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between SAP's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised upward by 0.01%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, SAP's stock price typically moves by 0.55% in the 10 days before its earnings and 3.37% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 1.90 and revenue of 9.75B.

SAP's earnings call reveals strong cloud revenue growth, a robust pipeline, and significant AI integration, all of which are positive indicators. The announcement of a EUR 10 billion share repurchase program further boosts shareholder confidence. While there are concerns about deal mix and geopolitical tensions, the company's strategic focus on AI and cloud solutions, along with improved financial metrics, suggests a positive outlook. The market is likely to react positively, with stock price expected to increase between 2% and 8% over the next two weeks.