Siemens Energy announced EUR 2 billion buyback: Siemens Energy stock gains 1.32 percent

Published on 10/12/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens Energy stock trades at EUR 147.28 on October 12, 2026, up 1.32 percent from EUR 145.36. Third-quarter revenue rose 18.50 percent to EUR 11.40 billion.

Key points in brief

Siemens Energy announced a EUR 2 billion third tranche of its share buyback program on September 23, 2026.
Third-quarter fiscal 2026 revenue rose 18.50 percent to EUR 11.40 billion, while adjusted profit before special items reached EUR 1.623 billion.
The stock was trading at EUR 147.28 at Lang & Schwarz on October 12, 2026, up 1.32 percent versus the Xetra close of EUR 145.36 on October 9, 2026.
RBC Capital set a EUR 200.00 price target and kept its Buy rating on October 9, 2026.

Aquarellmalerei einer Industrieanlage an der Spree mit Berliner Fernsehturm im Hintergrund — Siemens Energy AG (DE000ENER6Y0) hat einen Unternehmenssitz in Berlin, hier künstlerisch als stimmungsvolle Aquarell-Stadtansicht dargestellt, Illustration mit AI erstellt.

Siemens Energy (ISIN DE000ENER6Y0) was trading at EUR 147.28 at Lang & Schwarz on October 12, 2026 at 10:36 a.m. CEST, up 1.32 percent versus the Xetra close of October 9, 2026 at EUR 145.36. On September 23, 2026, Siemens Energy announced a third share buyback tranche worth up to EUR 2 billion, with purchases capped at 50 million shares.

Buyback adds a capital signal

The third tranche is part of a wider EUR 6 billion program and is scheduled to run until March 31, 2027, subject to the stated authorization limits. The company said the shares may support employee share programs or be canceled, giving the announcement a direct capital-allocation dimension.

What do the latest results show?

Siemens Energy's third quarter of fiscal 2026 produced comparable revenue of EUR 11.40 billion, up 18.50 percent from the year-earlier period. The result before special items rose to EUR 1.623 billion from EUR 497 million, while net income increased to EUR 1.188 billion from EUR 697 million, according to the company's investor-relations release dated August 5, 2026.

The order intake reached EUR 17.90 billion and the backlog stood at EUR 162.00 billion at the quarter-end. A book-to-bill ratio of 1.57 indicates that orders exceeded quarterly revenue, but the backlog also raises the importance of execution across the gas, grid and wind businesses.

Analysts keep targets above the market

RBC Capital analyst Mark Fielding maintained a Buy rating and set a EUR 200.00 target on October 9, 2026, as Markets Insider reported. The target lies 35.78 percent above the Lang & Schwarz price, a valuation gap that leaves execution and wind-division profitability as key market tests.

Deutsche Bank Research had kept its Buy rating and EUR 210.00 target on October 1, 2026, according to finanzen.at. The target was 42.55 percent above the Lang & Schwarz price on October 12, 2026, using the same-currency comparison.

Three milestones shape the timeline

On August 5, 2026, Siemens Energy reported third-quarter fiscal 2026 revenue of EUR 11.40 billion and adjusted profit before special items of EUR 1.623 billion. On August 25, 2026, it began preparations to separate Transformation of Industry while retaining a significant minority stake. On September 23, 2026, it announced the EUR 2 billion buyback tranche.

Upcoming dates carry the next figures

The next reporting date is November 11, 2026, when Siemens Energy plans its extended fourth-quarter fiscal 2026 conference. A London roadshow follows on November 12, 2026, according to the investor-relations calendar.

Stock trades above the Xetra close

At Lang & Schwarz, Siemens Energy was trading at EUR 147.28 on October 12, 2026 at 10:36 a.m. CEST, up 1.32 percent versus the Xetra close of October 9, 2026 at EUR 145.36. The current quote remains below the 52-week high of EUR 191.66 while the market capitalization was EUR 125.7 billion as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Siemens Energy stock.