SAP SE: Piper Sandler praises the rapid cloud growth and margin improvements!

SAP SE has consistently advanced its strategic focus on cloud solutions and AI. This is reflected both in the recent business figures and in the ambitious future forecasts. The growth prospects for SAP remain promising, driven by the ongoing demand for digitalization and the company’s strong position in artificial intelligence. SAP expects a currency-adjusted cloud growth of between 26 and 28% for the current fiscal year, which would correspond to cloud revenues of €21.6 billion to €21.9 billion. The entire cloud and software segment is...