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SAP shares get punished for slight miss on backlog

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SAP shares declined due to slower-than-expected backlog growth and a slight deceleration in growth guidance for this year.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Shares of SAP were hammered on Thursday as the German software giant reported slower backlog growth than expected in the fourth quarter and also guided to a slight deceleration this year.

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Original article published by MarketWatch on January 29, 2026.
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