Key Quarterly Figures and Market Development
- In the first quarter of 2025, SAP achieved earnings per share (EPS) of €1.52, after reporting a loss of €0.71 per share in the same quarter last year. This significantly exceeded analyst estimates of around €1.32.
- Revenue rose by about 12 percent to €9.01 billion (previous year: €8.04 billion). The cloud business saw particularly strong growth, with a booking increase of around 28 percent for cloud applications over the next twelve months.
- Despite slightly missing revenue expectations (analysts had forecasted about €9.06 billion), the results were overall rated as very strong and led to a share price increase for SAP.
Implications for Investors in the German-speaking Area
- The strong figures reinforce confidence in SAP as a leading software company and the largest DAX value measured by market capitalization.
- The positive development of the cloud business signals sustainable growth potential.
- Analysts continue to rate the stock predominantly as “Buy,” which is also supported by planned dividend increases (dividend forecast for 2025: approx. €2.37 per share).
- The price trend shows stabilization above important technical benchmarks, such as the 50-day moving average line.
Outlook
Further quarterly reports are scheduled:
- Q2/2025 on July 22, 2025
- Q3/2025 on October 22, 2025
These will continue to provide important impulses for investor sentiment and could confirm or challenge the status as the most valuable DAX company.
Conclusion
The recent quarterly figures demonstrate a strong operational performance at SAP with a significant increase in profit and robust revenue growth, especially in the cloud sector. This secures the company’s top position in the DAX and makes the stock particularly relevant for investors in the German-speaking area due to its market-moving effect on investor sentiment and capital flows.