BTCC / BTCC Square / Global Cryptocurrency /

SAP Shares Plunge 11% as Cloud Growth Disappoints

SAP Shares Plunge 11% as Cloud Growth Disappoints

Author:

Global Cryptocurrency

Published:

2026-01-29 10:21:02

16

2

BTCCSquare news:

SAP SE faced its steepest single-day drop since October 2020, with shares tumbling 11% after reporting cloud backlog growth of 25%—just shy of the expected 26%. The miss, though seemingly marginal, rattled investors accustomed to precision in software metrics.

The company's Q4 earnings revealed €9.68 billion in revenue, with cloud sales climbing 26% to €5.61 billion. Yet guidance suggesting a 'slight deceleration' in cloud backlog growth through 2026 overshadowed these results. SAP announced a €10 billion share buyback program starting February 2026, but the market focused on the cloud shortfall.

UBS analysts highlighted the backlog figure as the key pain point. The stock now trades 30% below its 12-month peak—a stark contrast to its enterprise software peers riding the AI and cloud adoption wave.

By:

Financial Sovereignty 2025: 7 Essential Budgeting Rules for Wealth Transformation

|Square

Get the BTCC app to start your crypto journey

Download on the App Store GEI IT ON Google Play

Get started today Scan to join our 100M+ users

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2026 BTCC.com. All rights reserved

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.