SAP is trading 4.7% up at $167.58 in pre-market trading after reporting Q2 results that topped Wall Street expectations and highlighted strong cloud growth momentum.
- The move extends Friday’s post-earnings jump as investors react to robust cloud revenue trends and an upbeat outlook.
- Management maintained a positive guidance trajectory despite broader macroeconomic headwinds and global tariff uncertainty.
- The results underscore SAP's successful transition to a cloud-first model, which continues to drive enterprise demand.