SAP raised its operating profit and sales guidance for the year as the German business-software group expects strong growth at its core cloud business to accelerate, aided by the appeal of artificial intelligence.

SAP , Europe's largest software maker, said on Tuesday it was more optimistic about its financial results this year due to accelerating growth in revenue from cloud computing.

SAP's Q4 2024 results reinforce my buy rating, driven by strong cloud revenue growth, AI integration, and improving margins, despite short-term cash flow impacts. Read more here.