BofA Awaits SAP's AI Proof Points at Q3 Results

MT Newswires · 2d ago
07:25 AM EDT, 10/07/2026 (MT Newswires) -- BofA Global Research is awaiting details on SAP's (SAP.F) proof points that its artificial intelligence innovations are contributing to the company's growth when it releases its third-quarter results on Oct. 21. "Beyond updates on demand (cloud migration etc), we will monitor details on AI adoption, pricing and monetisation, with details still scarce at this point beyond c60% of Cloud bookings including AI," analysts said Wednesday. "While innovation continues at a rapid pace and SAP is moving from copilots towards more autonomous workflow execution, investors will wait to see poof points on customer adoption, attach rates, pricing, realised productivity benefits and evidence that AI can contribute meaningfully to incremental growth over time." The research firm also noted that the German software company recently showcased its Joule Work AI workspace product at its annual SAP Connect event, with the product set to be launched later in October. The buy rating on the stock was reiterated, with a price objective of 226 euros.