{"id":269136,"date":"2026-02-01T19:18:08","date_gmt":"2026-02-01T19:18:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/269136\/"},"modified":"2026-02-01T19:18:08","modified_gmt":"2026-02-01T19:18:08","slug":"citizens-downgrades-sap-se-sap-after-crb-growth-slows-to-nine-quarter-low","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/269136\/","title":{"rendered":"Citizens Downgrades SAP SE (SAP) After CRB Growth Slows to Nine-Quarter Low"},"content":{"rendered":"\n

SAP SE (NYSE:SAP<\/a>) is one of the 10 AI Stocks Making Waves on Wall Street<\/a>.\u00a0On January 30, Citizens analyst Patrick Walravens downgraded the stock from Market Outperform to Market Perform after CRB slowed to lowest rate in 9 quarters. Macro-driven uncertainties further pushed the firm to take a step back from its bullish view.<\/p>\n

The rating downgrade follows the company\u2019s disappointing fourth-quarter results. SAP reported \u201cdisappointing top-line results\u201d with non-IFRS earnings per share of \u20ac1.62, exceeding consensus estimates of \u20ac1.51, and operating profit of \u20ac2.83 billion, higher than the expected \u20ac2.75 billion.<\/p>\n

Even though it beat bottom-line expectations, its total revenue of \u20ac9.68 billion fell short of the \u20ac9.75 billion consensus. Meanwhile, cloud revenue reached \u20ac5.61 billion, missing the anticipated \u20ac5.64 billion.<\/p>\n

\"Citizens Citizens Downgrades SAP SE (SAP) After CRB Growth Slows to Nine-Quarter Low <\/p>\n

Citizens noted that the most important has been current cloud backlog (CRB) growth, which slowed to 25% in constant currency, missing expectations and marking the slowest growth rate in nine quarters.<\/p>\n

SAP said the significant slowdown was due to a deal mix weighted to \u201clarger transformations, many of which include longer ramp periods or flexible structuring,\u201d and \u201cmounting geopolitical tensions [which] have led to many customers putting even more emphasis on exploring Sovereign SaaS options.\u201d<\/p>\n

All of this has left the stock \u201cdown ~15% on Thursday and down ~18% year to date, versus an increase of ~2% for the Russell 3000 and ~2% for the S&P 500.\u201d<\/p>\n

SAP SE (NYSE:SAP) is a leader in ERP software that leverages artificial intelligence to enhance its enterprise resource planning (ERP) solutions.<\/p>\n

While we acknowledge the potential of SAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/a>.<\/p>\n

READ NEXT: 30 Stocks That Should Double in 3 Years<\/a> and

Insider Monkey<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"SAP SE (NYSE:SAP) is one of the 10 AI Stocks Making Waves on Wall Street.\u00a0On January 30, Citizens…\n","protected":false},"author":2,"featured_media":269137,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,14981,85,46,20888],"class_list":["post-269136","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-citizens","tag-il","tag-israel","tag-sap-se"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/269136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=269136"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/269136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/269137"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=269136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=269136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=269136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}