SAP Beats Q3 Expectations, Analysts Expect 'Big Cash-Flow Ramp In 2025'
Portfolio Pulse from Priya Nigam
SAP SE reported strong Q3 results, with significant growth in cloud ERP and cloud backlog. Analysts have raised price targets, citing positive momentum despite FX headwinds. SAP's 2025 outlook remains robust, with expectations of a big cash-flow ramp. Companies like OneStream and BlackLine may benefit from SAP's ecosystem.
October 22, 2024 | 3:59 pm
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POSITIVE IMPACT
BlackLine Inc could benefit from its exposure to the SAP ecosystem, as SAP's strong performance and ecosystem growth may positively impact related companies.
SAP's strong performance and ecosystem growth could positively impact companies like BlackLine that are part of the SAP ecosystem.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30
POSITIVE IMPACT
OneStream Inc could benefit from its exposure to the SAP ecosystem, as SAP's strong performance and ecosystem growth may positively impact related companies.
SAP's strong performance and ecosystem growth could positively impact companies like OneStream that are part of the SAP ecosystem.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30
POSITIVE IMPACT
SAP SE reported strong Q3 results, with over 30% growth in Cloud ERP and a 29% increase in cloud backlog. Analysts raised price targets, citing positive momentum despite FX headwinds. SAP's 2025 outlook remains robust, with expectations of a big cash-flow ramp.
SAP's strong Q3 performance, particularly in cloud growth, has led analysts to raise price targets. The company's positive momentum and robust 2025 outlook suggest a likely short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100