Why Siemens Energy stock moves
Siemens Energy rose sharply while the DAX fell.
Written after the close on ·
Updated 08:00 with news that came after the close
Earnings report
Next report: November 11. On its last 15 report days Siemens Energy usually moved about 3.3%. On a normal day it moves 2.1%.
August 5, 2026: +0.00%May 12, 2026: −5.05%February 11, 2026: +8.40%November 13, 2025: −5.87%
Why today
15,876 news analyzed todaySiemens Energy rose sharply while the DAX fell.
It moved against the market, and no clear company news explains the rise.
Over the last five trading days the stock fell clearly while the DAX was roughly flat.
Trading volume was about twice a normal session, so the move drew heavy interest.
The next earnings report is due on 11 November, which traders are watching closely.
Today's move of +3.74% was 1.8 times a normal day's 2.1%. DAX moved −1.92% on the same day.
Siemens Energy +3.74%DAX −1.92%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for Siemens Energy.
Siemens Energy earned more than expected in 4 out of 8 reports.
For comparison, about 68% of reports from European companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 5 out of 8 reports with a measured move, against about 58% of reports from European companies.
Ratings
Price targets
Latest price 118.10 EUR
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedEUR
Next reported quarter: expected earnings per share of 1.38 EUR (November 11). For the current fiscal year, expected earnings per share changed from 4.36 EUR three months ago to 4.52 EUR now. 2026 estimate: 4.52 EUR. 2027 estimate: 6.25 EUR.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across European companies, that happens in about 65% of years. In 2025, the price changed +201% and earnings per share +19%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn EUR
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn EUR
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 100.5 bn EURRevenue 2025: 39.1 bn EUR
What the key figures say about Siemens Energy
The figures connect what Siemens Energy earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: -5.47 EUR–1.60 EUR. Peers: Atlas Copco 5.67 SEK, Schneider Electric 8.32 EUR, Sandvik 15.21 SEK. 2026 estimate: 4.52 EUR (4.00 EUR–4.82 EUR). 2027 estimate: 6.25 EUR (5.38 EUR–6.90 EUR).
What the company sold during the year.
2022–2025: 29.0 bn EUR–39.1 bn EUR. Peers: Atlas Copco 176.2 bn SEK, Schneider Electric 42.0 bn EUR, Sandvik 137.6 bn SEK. 2026 estimate: 44.2 bn EUR (43.5 bn EUR–45.2 bn EUR). 2027 estimate: 50.7 bn EUR (48.9 bn EUR–53.7 bn EUR).
The percentage of revenue left after the costs of running the business.
2022–2025: −10.7%–4.0%. Peers: Atlas Copco 20.4%, Schneider Electric 17.5%, Sandvik 19.2%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: −53.3%–13.7%. Peers: Atlas Copco 24.5%, Schneider Electric 18.6%, Sandvik 19.0%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 24.5–62.1. Peers: Atlas Copco 32.5, Schneider Electric 27.5, Sandvik 23.5. 2026 estimate: 26.1. 2027 estimate: 18.9.
What investors pay for each unit the company sells.
2022–2025: 0.28–2.18. Peers: Atlas Copco 5.10, Schneider Electric 3.20, Sandvik 3.26. 2026 estimate: 2.27. 2027 estimate: 1.98.
Money paid to shareholders per share, summed by calendar year.
2022–2025: 0.00 EUR–0.10 EUR.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 0.0%–0.9%. Peers: Atlas Copco 1.6%, Schneider Electric 1.8%, Sandvik 1.7%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -4.46–-0.95. Peers: Atlas Copco 0.30, Schneider Electric 1.91, Sandvik 1.23.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 0.48–8.26. Peers: Atlas Copco 7.57, Schneider Electric 5.26, Sandvik 4.09.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 10.5–31.4.
Cash left after investments, divided by the number of shares.
2022–2025: 0.50 EUR–4.79 EUR. Peers: Atlas Copco 5.46 SEK, Schneider Electric 7.81 EUR, Sandvik 14.45 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 17.7%–33.5%.
The dividend explained
A dividend is money paid to shareholders. Siemens Energy paid 0.70 EUR per share in the twelve months through November 6, 2026.
On the ex-dividend day, February 27, 2026, Siemens Energy traded without the right to the 0.70 EUR dividend. The price went from 164.85 EUR to 166.45 EUR; including the dividend, the day's change was +1.4%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2022: 0.10 EUR2023: 0.00 EUR2024: 0.00 EUR2025: 0.00 EUR2026 so far: 0.70 EUR
What followed similar falls?
Including reinvested dividends, Siemens Energy fell 6.9% over the latest five trading days. Since September 29, 2020, falls at least this large were followed by a higher value 21 trading days later in 20 out of 34 non-overlapping periods. The median was +2.6%, against +2.8% for an ordinary 21-day period, which ended higher 58 times in 100.
Such a fall has not said much about the next month.
+2.6% · 20/34
What to watch next, and why
The earnings report shows how Siemens Energy's revenue and profit have changed.
- Earnings report
The earnings report shows how Siemens Energy's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Siemens Energy usually moved about 3.3%. On a normal day it moves 2.1%.
+0.00% −5.05% +8.40% −5.87%
10,000 EUR in Siemens Energy bought on September 29, 2020 is worth 54,200 EUR today, with dividends reinvested.
The same amount in DAX with dividends would have become 20,100 EUR.
What would 10,000 EUR in Siemens Energy be worth today? →
What would 10,000 EUR in Siemens Energy be worth today?
54,200 EUR
with dividends reinvested, bought on September 29, 2020. The same amount in DAX with dividends would have become 20,100 EUR.
At worst it was worth 3,140 EUR (October 26, 2023).
The five biggest days of the journey
· −37.3% · the whole market fell 1.0% the same day
· −35.5% · the whole market fell 1.1% the same day
· −19.9% · the whole market fell 0.5% the same day
· +18.9% · the whole market fell 0.2% the same day · report day
· −16.6% · the whole market fell 1.9% the same day
Earlier days
−6.95% market +0.01% Siemens Energy fell clearly over the week while the DAX was roughly flat. Read →
Siemens Energy fell clearly over the week while the DAX was roughly flat.
The drop likely reflected worries about an AI-driven sell-off hitting the shares, and cautious analyst views ahead of the 11 November results.
Its trading volume was about twice normal, so the move drew heavy activity.
Analyst reports from UBS and JPMorgan kept buy-type ratings, which partly offset the selling.
−4.70% market −0.23% Siemens Energy fell, while DAX was roughly flat. Read →
Siemens Energy fell, while DAX was roughly flat.
The move was not an ordinary day and trading was well above normal.
No company news clearly explains the drop; UBS and BofA kept their Buy ratings, and a buyback was reported.
Over the last five trading days the shares fell very sharply, moving against a slightly higher DAX.
Stock sold off with heavy trading, which often reflects shifting sentiment around AI-linked energy names.
−7.95% market +2.22% Siemens Energy fell, moving against a strongly rising DAX. Read →
Siemens Energy fell, moving against a strongly rising DAX.
No company news explains the drop clearly; the stock traded well above its usual volume.
Over the last five trading days it fell sharply while the DAX rose clearly, a move about three times a normal five-day stretch for the stock.
Siemens Energy is an industrial group making power-grid and gas-turbine equipment, so sector-wide investor rotation and AI-related sell-offs in tech-linked stocks can weigh on it.
Next up is the earnings report on 11 November 2026.
−0.17% market −0.45% Siemens Energy was roughly unchanged, an ordinary day for the stock. Read →
Siemens Energy was roughly unchanged, an ordinary day for the stock.
The DAX fell slightly that day, so the shares moved less than the market.
No single company event clearly explains the move.
Over the last five trading days the shares were roughly flat while the DAX rose slightly.
Shares had rebounded after an earlier AI-related sell-off, and results are due Wednesday 11 November 2026.
+2.43% market +0.63% Siemens Energy rose, moving more than the DAX, which rose only slightly. Read →
Siemens Energy rose, moving more than the DAX, which rose only slightly.
Company news explains the move only partly: a Japanese partnership on floating offshore wind projects was announced, and analysts such as UBS saw a buying opportunity after an AI-related dip.
Over the last five trading days the stock also rose clearly, so the gains built up through the week.
Floating offshore wind means wind turbines on floating platforms in deeper sea.
Next, the earnings report is due on Wednesday 11 November 2026.
−6.87% market −0.85% Siemens Energy fell sharply without a company-news explanation. Read →
Siemens Energy fell sharply without a company-news explanation.
Over the same session, DAX fell clearly, so Siemens Energy moved more than the market.
Several items point to worries about AI-driven investment after Intel's shock, which likely weighed on AI-linked industrial shares such as Siemens Energy and Infineon.
The move was very big, about three times a normal day for the stock, and similar moves happened roughly 11 times in the past year.
Over the last five trading days, the stock rose clearly, so the latest session reversed part of that gain.
+6.94% market +2.53% Siemens Energy rose clearly over the week, outpacing a DAX that also gained clearly. Read →
Siemens Energy rose clearly over the week, outpacing a DAX that also gained clearly.
Gains on Tuesday and Thursday were driven partly by competitor results and strong AI-related demand for power equipment.
The stock then fell sharply on Friday, as worries about AI spending hit industrial and chip shares.
This was a very big move, about three times a normal day, and such moves have happened around 11 times in the past year.
+2.27% market +1.31% Siemens Energy rose, more than the DAX on GE Vernova's results. Read →
Siemens Energy rose, more than the DAX on GE Vernova's results.
Over the last five trading days it rose sharply, also more than the market.
The move was big for the stock, about three times its normal five-day swing.
The stock trades well below its late-April high and well above its late-November low.
GE Vernova is a US rival whose figures pointed to steady demand for power equipment, which likely lifted Siemens Energy too.
+3.64% market +0.44% Siemens Energy rose strongly on company-specific news rather than the market. Read →
Siemens Energy rose strongly on company-specific news rather than the market.
Over the last five trading days the shares were roughly unchanged, as was the DAX.
In the last session the stock rose clearly while the DAX rose only slightly, and trading volume ran at about twice its usual level.
Reports in that session tied the move to GE Vernova's strong results, which likely lifted the sector and gave Siemens Energy a boost.
Its next earnings report is on 11 November 2026, which investors will watch closely.
+4.40% market +0.71% Siemens Energy rose on news of a large share buyback. Read →
Siemens Energy rose on news of a large share buyback.
The DAX rose only slightly over the same day, so Siemens Energy moved clearly more than the market.
A buyback means the company repurchases its own shares, which reduces the number in circulation and can lift the price per share.
Reports during the session also described the shares recovering from a sell-off.
Over the last five trading days the stock was roughly unchanged, while the DAX rose slightly, so it lagged the market.
+3.77% market +0.91% Siemens Energy rose, moving more than the market, which also rose clearly. Read →
Siemens Energy rose, moving more than the market, which also rose clearly.
Over the last five trading days, the shares fell clearly while the DAX was roughly flat, so the week's weakness was stock-specific.
Likely drivers are a rebound after a sharp drop, with a share buyback of about 1.29 million shares in the week of October 19–25 offering some support.
Next, the company reports earnings on Wednesday 11 November 2026.
−2.88% market −0.75% Siemens Energy fell sharply, more than the market, which fell slightly. Read →
Siemens Energy fell sharply, more than the market, which fell slightly.
No clear company news explains the drop on that day.
The fall fits a wider pullback in the sector and the stock's recent weakness.
Trading was well above normal, and the move was very big for this stock.
Next, the company reports results on 11 November.
−12.08% market −1.72% Siemens Energy fell sharply over the last five trading days, clearly more than the DAX. Read →
Siemens Energy fell sharply over the last five trading days, clearly more than the DAX.
The fall was very big, roughly three times a normal five-day move, and such moves have happened only about five times in the past year.
Likely causes include a sell-off in power-equipment stocks, with some commentators pointing to valuation worries and profitability doubts.
Heavy trading accompanied the drop, and the shares remain well above their lowest close of the past year.
−8.56% market −1.07% Siemens Energy fell very sharply, a sharp drop without a clear cause in the news. Read →
Siemens Energy fell very sharply, a sharp drop without a clear cause in the news.
Its move was far bigger than the market's, which fell clearly as a whole, while the DAX was roughly flat over the five days.
Several of these are commentary rather than new company events, so they are unlikely to have caused it alone.
The move was about four times a normal daily swing, and trading volume ran at about twice the usual level.
Over the last five trading days the shares fell clearly, while the market was roughly unchanged.
+2.55% market +1.35% Siemens Energy rose clearly, more than the DAX. Read →
Siemens Energy rose clearly, more than the DAX.
Over the last five trading days the shares were roughly flat, moving less than the DAX.
Trading volume was around its usual level.
−1.36% market −1.18% Siemens Energy fell slightly Monday, moving with the market, with no clear company news. Read →
Siemens Energy fell slightly Monday, moving with the market, with no clear company news.
The stock fell sharply over the last five trading days while the DAX was roughly flat.
That five-day drop was a big move, about twice a normal five-day stretch for the stock.
In the last session it moved in line with the DAX, which fell clearly, so the market likely drove it.
+1.98% market +0.95% Siemens Energy rose clearly, moving more than the market, likely on renewed enthusiasm around its share buyback, where the company repurchases its own shares to support the price. Read →
Siemens Energy rose clearly, moving more than the market, likely on renewed enthusiasm around its share buyback, where the company repurchases its own shares to support the price.
Commentary remains split on whether demand for its gas turbines and grid equipment will hold up, so the buyback is seen by some as a supporting factor rather than a guarantee.
Analyst opinions still differ on the outlook.
The next earnings report on 11 November is the key event to watch.
−7.14% market +2.13% Siemens Energy fell clearly over the last five trading days while the DAX rose clearly, so the stock moved against the market. Read →
Siemens Energy fell clearly over the last five trading days while the DAX rose clearly, so the stock moved against the market.
Concerns about how strong data-center and gas-turbine demand will be, which is what the market appears to be pricing in, likely weighed on the shares.
The next thing to watch is the earnings report on 11 November 2026, when investors will test whether demand holds up.
−2.16% market +0.33% Siemens Energy fell sharply, moving against a modestly rising market, likely on worries about AI-related spending and doubts over data-center demand. Read →
Siemens Energy fell sharply, moving against a modestly rising market, likely on worries about AI-related spending and doubts over data-center demand.
Over the last five trading days the stock fell clearly while the DAX rose clearly, so the decline was company- and sector-specific rather than market-wide.
Watch the next earnings report on 11 November for clarity on order flow from data-center customers.
−5.44% market +0.15% Siemens Energy fell sharply, while the DAX was roughly flat, so the drop was stock-specific. Read →
Siemens Energy fell sharply, while the DAX was roughly flat, so the drop was stock-specific.
Some reports also linked the move to a financing round the company is pursuing, which investors may have read as a sign of capital-structure concerns, though the reports do not confirm a single cause.
The next company update is the earnings report due on 11 November, which is likely to be the next major catalyst.
−2.53% market −0.07% Siemens Energy fell clearly, with no single company event to explain it. Read →
Siemens Energy fell clearly, with no single company event to explain it.
Over the last five trading days it fell slightly, a bigger move than the DAX, which also slipped a little.
The stock remains well below its high, and the buyback and insider purchases show confidence but have not stopped the slide.
Watch the mid-November results for confirmation of the wind turnaround and the order intake.
Learn more · Why do stocks move on earnings day? · Why do stocks go up and down?