SAP is trading at €215.30, up 3.19%, after October 21 results and higher 2026 revenue expectations. - October 21 results showed record quarterly revenue of €10.27 billion, up 13% year over year; cloud revenue rose 26% to €6.67 billion, and cloud backlog grew 26% to €24.14 billion. - 2026 expectations reached outlook’s upper end, supporting gains despite broad market weakness. - On October 22, J.P. Morgan maintained Hold and Jefferies maintained Buy; no trading-volume information was provided.