SAP Stock Soars on Cloud Surge — Can the Rally Continue?
Date (2025) Close Price (USD) Daily Change Oct 22 $276.22 –1.5% Oct 23 $278.53 +0.8% Oct 24 $269.55 –3.2% Oct 27 $272.16 +0.9% Oct 28 $270.06 –0.8% Oct 29 $259.64 –3.8% Oct 30 $262.25 +1.0% (intraday) Source: Stockanalysis.com (SAP/USD data) stockanalysis.com. Bottom Line: SAP remains a market heavyweight riding a powerful transition to cloud and AI. Its Q3 results showed solid gains, but management warned of a near-term slowdown in cloud growth. Analysts say the long-term story is positive – backlog is large and costs are in check – but with the stock near cycle highs, “the rally” may need