SAP is trading at $242.21, up 4.17%, in after-hours trading, with Q3 cloud revenue beating analyst expectations. - Released shortly after the regular session on October 21, 2026, Q3 results showed cloud revenue up 25% at constant currencies to €6.67 billion, above Bloomberg’s cited analyst forecast. - Current cloud backlog grew 26% at constant currencies to €24.14 billion, ahead of UBS’s forecast; SAP said full-year cloud revenue and cloud-and-software revenue should land toward the upper ends of outlook ranges.