Siemens Energy AG
Closing price on Nov 11, 2026 · Source: Yahoo Finance
- Open
- €129.00
- Day range
- 126.02 – €131.96
- 52-week range
- 100.30 – €191.66
- Volume
- 1,944,706
- Market cap
- €111,989M
- P/E (TTM)
- 42.5x
- EPS (TTM)
- €3.10
- EPS est. FY 2026
- €4.52
- P/E est. FY 2026
- 29.1x
- Dividend yield
- 0.5%
- Beta
- 1.87
- Payout
- 23%
Analyst summary
Generated with AI · Nov 11, 2026, 14:43Siemens Energy supplies equipment and services across gas generation, grid infrastructure, industrial transformation and wind. Q2 2026 momentum strengthened, with revenue of €11,447M and net income of €1,083M, both sharply higher year on year; quarterly EPS also exceeded consensus. Analysts expect EPS to rise to €4.516 in FY 2026 and €6.273 in FY 2027, supporting a lower forward multiple, although the current 42.5x P/E and wide target-price range signal material expectations and uncertainty.
- 1Q2 2026 revenue rose 17.5% year on year to €11,447M.
- 2Net income increased 76.1% to €1,083M, while free cash flow reached €2,111M.
- 3Analysts forecast FY 2027 EPS of €6.273 and a 21.0x P/E.
Siemens Energy financials
Q2 2026 results, quarter ended Jun 30, 2026
| Metric | Q2 2026 | 1-year change |
|---|---|---|
| Total revenue | €11,447M | +17.5% |
| Net income | €1,083M | +76.1% |
| Earnings per share | €1.26 | +80.0% |
| Net margin | 9.5% | +3.2 pp |
| Free cash flow | €2,111M | +690.6% |
| Debt / equity | 0.28 | −24.5% |
Revenue and net income (€M)
| Quarter | Total revenue | Net income |
|---|---|---|
| Q2 2025 | €9,745M | €615M |
| Q3 2025 | €10,428M | €168M |
| Q4 2025 | €9,675M | €677M |
| Q1 2026 | €10,294M | €766M |
| Q2 2026 | €11,447M | €1,083M |
Siemens Energy earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ3 2026 · Analysts: 2 | €1.3781.17 – 1.59 | +334.6%€0.317 |
| Current yearFY 2026 · Analysts: 20 | €4.5164.00 – 4.82 | +183.2%€1.595 |
| Next yearFY 2027 · Analysts: 22 | €6.2735.38 – 6.95 | +38.9%€4.516 |
Forward P/E: 29.1x (FY 2026) and 21.0x (FY 2027) at the current price.
Actual and estimated EPS (€)
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q2 2025 | €0.700 | — |
| Q3 2025 | €0.317 | €0.325 |
| Q4 2025 | €0.922 | €0.821 |
| Q1 2026 | €0.927 | €0.972 |
| Q2 2026 | €1.312 | €1.186 |
| Q3 2026 | — | €1.378 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| FY 2022 | −€0.650 | — |
| FY 2023 | −€5.470 | — |
| FY 2024 | €1.350 | — |
| FY 2025 | €1.600 | — |
| FY 2026 | — | €4.516 |
| FY 2027 | — | €6.273 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q3 2026Estimated | €1.378 | +334.6% |
| Q2 2026 | €1.312est. €1.186 · surprise +10.6% | +87.4% |
| Q1 2026 | €0.927est. €0.972 · surprise −4.6% | n/a |
| Q4 2025 | €0.922est. €0.821 · surprise +12.3% | n/a |
| Q3 2025 | €0.317est. €0.325 · surprise −2.4% | n/a |
| Q2 2025 | €0.700 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| FY 2027Estimated | €6.273 | +38.9% |
| FY 2026Estimated | €4.516 | +182.3% |
| FY 2025 | €1.600 | +18.5% |
| FY 2024 | €1.350 | n/s |
| FY 2023 | −€5.470 | n/s |
| FY 2022 | −€0.650 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Siemens Energy dividend
Yield and payments
| Dividend yield (TTM) | 0.5% |
| Forward yield (next 12m) | 0.5% |
| Dividend per share (TTM) | €0.70 |
| Forward dividend (next 12m) | €0.70 |
| Payout (TTM) | 23% |
| Last dividend | €0.70Feb 27, 2026 |
| Next ex-dividend date | n/a |
Dividend per share by year (€)
| Year | Dividend per share |
|---|---|
| 2022 | €0.10 |
| 2023 | €0.00 |
| 2024 | €0.00 |
| 2025 | €0.00 |
| est. 12m | €0.70 |
Siemens Energy forecasts
28 analyst ratings
Consensus: Buy · 21 buy, 4 hold, 3 sell
1-year price forecast
| Target | Price | Upside |
|---|---|---|
| High | €260.00 | +97.5% |
| Median | €205.00 | +55.8% |
| Low | €100.00 | −24.0% |
| Date | Close |
|---|---|
| Nov 28, 2025 | €115.30 |
| Dec 30, 2025 | €120.40 |
| Jan 30, 2026 | €144.55 |
| Feb 27, 2026 | €166.45 |
| Mar 31, 2026 | €142.25 |
| Apr 30, 2026 | €180.58 |
| May 29, 2026 | €163.24 |
| Jun 30, 2026 | €165.80 |
| Jul 31, 2026 | €147.44 |
| Aug 31, 2026 | €142.18 |
| Sep 30, 2026 | €142.60 |
| Oct 30, 2026 | €126.92 |
| Nov 11, 2026 | €131.62 |
Siemens Energy peers
| Ticker | Company | Market cap (€M) | P/E | Price (€) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| ENR.DE | Siemens Energy | 111,989 | 42.5x | 131.62 | +9.83% | 100.30191.66 |
| SIE.DE | Siemens | 210,388 | 27.5x | 275.30 | +1.38% | 198.00291.70 |
| SU.PA | Schneider Electric | 142,521 | 29.1x | 242.50 | +3.04% | 220.40312.30 |
| G1A.DE | GEA Group | 11,797 | 26.4x | 72.50 | +0.42% | 53.4573.20 |
| GEV | GE Vernova | 210,958 | 20.9x | 797.04 $ | −3.89% | 530.161,195.94 |
| ETN | Eaton | 137,614 | 35.4x | 354.22 $ | −1.11% | 311.92478.00 |
Stocks quoted in another currency are shown in their trading currency.
Risks, catalysts and conclusion
Generated with AI · Nov 11, 2026, 14:43Risks
- Complex turbine, grid and wind projects could face delivery or cost pressures, weighing on margins and cash generation.
- Customer investment in power and industrial infrastructure may weaken or be delayed, exposing revenue to project-cycle volatility.
- A 42.5x current P/E leaves the shares vulnerable if earnings fall short of consensus expectations.
Catalysts
- Stronger customer investment in grid connections, transmission and related equipment could support the Grid Technologies business.
- Growth in demand for power generation services, maintenance and digital offerings could bolster recurring activity.
- Delivery of consensus EPS forecasts of €4.516 for FY 2026 and €6.273 for FY 2027 could reinforce the earnings recovery.
Conclusion
Siemens Energy’s latest quarter showed strong year-on-year growth in revenue, profit and free cash flow, while the EPS forecast points to continued recovery. The analyst consensus is firmly positive, but the current 42.5x P/E remains demanding relative to the listed industrial peers, and price targets range widely. The investment case therefore combines improving operating momentum with execution and valuation sensitivity; progress towards forecast earnings will be important to sustaining confidence.
Analysis written automatically by AI from Yahoo Finance market data on Nov 11, 2026, 14:43.
This content is for information only and is not financial advice or a recommendation to buy or sell securities. Ratings and price targets come from third-party analysts. Investing in the stock market involves the risk of losing capital.
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