SAP changes
Pick any two versions below to diff them.
- Price
- $208.48 → $210.46(+0.9%)
- Discount
- 31.0% → 30.3%(−0.7 pts)
- Recent events
- 2026-10-06: SAP agreed to buy TechWolf, an AI company that maps the skills and work of large workforces. TechWolf will become part of SAP SuccessFactors. SAP did not disclose the price and expects the deal to close in Q4 2026. 2026-10-06: At SAP Connect, SAP started the customer rollout of Joule Work, an AI interface that works across SAP and outside data. SAP also launched SAP Pay, a payments service inside SAP Cloud ERP. 2026-07-23: SAP reported Q2 2026 results. Cloud revenue was €6.281 billion, up 24% at constant currency, and the current cloud backlog reached €22.929 billion, up 26%. Non-IFRS operating profit missed estimates, and SAP trimmed its full-year operating profit outlook to reflect the dilutive cost of its Dremio and Prior Labs acquisitions, while keeping its cloud and total revenue guidance unchanged. 2026-05-01: SAP and Anthropic announced that Claude now powers reasoning inside Joule, SAP's AI assistant, as part of the new SAP Business AI Platform. 2026-04-29: SAP published a new API policy. It blocks outside AI agents from planning and running their own sequence of calls against SAP data. Agents must now go through SAP's own Business Data Cloud or Joule instead. The user group DSAG publicly criticized the policy for unclear terms and an unclear list of covered APIs. 2026-02-01: SAP stock fell to €162.10, the lowest price since February 2024. Software stocks fell broadly across this period. 2026-01-29: SAP stock fell about 15% in one day. The market reacted to weak cloud growth guidance for 2026. 2025-07-01: SAP began to bundle AI usage, called AI Units, into its cloud contracts. This is a new way to price AI agent work, separate from the per-user price.