Erste Group cuts Siemens stock estimate to USD 6.32
Published on 10/14/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst estimate and Siemens outlook
- Erste Group Bank cut its fiscal 2026 earnings-per-share estimate from USD 6.48 to USD 6.32 on October 8, 2026.
- Siemens reported EUR 27.9 billion in fiscal third-quarter orders, up 14.00 percent year over year.
- Siemens stock trades at EUR 276.93 at 9:17 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.89 percent above the Xetra close of October 13, 2026.
Siemens (ISIN DE0007236101) stock is trading at EUR 276.93 at Lang & Schwarz on October 14, 2026, 0.89 percent above the Xetra close of October 13, 2026 at EUR 274.50. According to MarketBeat, Erste Group Bank cut its fiscal 2026 earnings-per-share estimate from USD 6.48 to USD 6.32 in a research note dated October 8, 2026, while keeping a Strong Buy rating.
Estimate cut meets raised outlook
The estimate reduction contrasts with Siemens' own fiscal 2026 outlook. The company expects earnings per share before purchase price allocation of EUR 11.20 to EUR 11.50, a EUR 0.45 increase at the midpoint after the fiscal third quarter.
For investors, the key tension is the gap between strong operating figures and selective estimate pressure. Siemens reported fiscal third-quarter orders of EUR 27.9 billion, up 14.00 percent from the prior year, while revenue increased 8.00 percent to EUR 20.8 billion, according to the Yahoo Finance transcript of the August 6, 2026 earnings call.
What does the outlook mean for margins?
The operating picture remains strongest in Smart Infrastructure. Its fiscal third-quarter orders rose 42.00 percent to EUR 8.0 billion, revenue grew 13.00 percent, and the reported margin reached 20.00 percent, the transcript said. Digital Industries delivered a 18.7 percent margin, while Industrial Business profit reached EUR 3.5 billion.
Three milestones shape the setup
On February 12, 2026, Siemens lifted its fiscal 2026 earnings-per-share outlook to EUR 10.70 to EUR 11.10, as summarized by Admiral Markets. On August 6, 2026, the company reported fiscal third-quarter orders of EUR 27.9 billion and raised the range again to EUR 11.20 to EUR 11.50. On October 8, 2026, Erste Group Bank reduced its fiscal 2026 estimate from USD 6.48 to USD 6.32.
Next results arrive November 12
Admiral Markets identifies November 12, 2026 as the date for Siemens' fiscal fourth-quarter and full-year results. The Yahoo Finance transcript also stated that shareholder approvals connected with the planned Siemens Healthineers spin-off are expected at annual meetings in February 2027.
Stock holds above the prior close
Siemens stock was trading at EUR 276.93 at Lang & Schwarz on October 14, 2026 at 9:17 a.m. CEST, up 0.89 percent versus the Xetra close of October 13, 2026 at EUR 274.50. The quote remains below the 52-week high of EUR 291.70 and above the 52-week low of EUR 198.00.
The further course of trading is shown by the continuously updated real-time quote of Siemens stock.
Siemens stock facts
- Company: Siemens AG
- ISIN: DE0007236101
- Ticker: SIE.DE
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 14, 2026, 9:17 a.m. CEST): EUR 276.93
- Change versus Xetra close: plus 0.89 percent
- Xetra close (October 13, 2026): EUR 274.50
- Market capitalization: EUR 211.2 billion (as of October 14, 2026)
- 52-week range: EUR 198.00-291.70 (as of October 14, 2026)
- Sector / Industry: Industrials / Industrial Machinery
Market context: Market report DAX.
