Siemens Energy stock falls 2.54 percent despite turbine order

Published on 10/07/2026 at 13:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens Energy stock traded at EUR 143.70 on October 7, 2026, after Q3 revenue reached EUR 11.4 billion. Deutsche Bank kept its EUR 210 target on October 1.

Große Gasturbine wird in einer Werkshalle von Technikern montiert und inspiziert — Siemens Energy AG (DE000ENER6Y0) fertigt große Gasturbinen für Kraftwerke, hier eine Werkshalle mit laufender Montage, Illustration mit AI erstellt.

Siemens Energy stock (ISIN DE000ENER6Y0) was trading at EUR 143.70 on Xetra on October 7, 2026 at 1:30 p.m. CEST, down 2.54 percent from the previous close of EUR 147.44. The move puts the market reaction against a recent 119-turbine-core order and the group's record fiscal third-quarter figures.

Q3 growth resets the baseline

In fiscal Q3 2026, Siemens Energy reported revenue of EUR 11.4 billion, an 18.5 percent increase on a comparable basis, according to Siemens Energy. The same quarter produced net income of EUR 1.188 billion and basic earnings per share of EUR 1.28, compared with EUR 0.71 in fiscal Q3 2025, the company reported on its investor-relations page.

Orders reached EUR 17.9 billion, lifting the order backlog to EUR 162 billion and producing a 1.57 book-to-bill ratio. Siemens Energy also confirmed fiscal 2026 guidance for comparable revenue growth of 14 percent to 16 percent and a profit margin before special items of 10 percent to 12 percent.

Targets rise above the market

A 28-analyst consensus published by Barron's showed an average price target of EUR 196.69 on October 7, 2026. That target stands 36.9 percent above the Xetra price of EUR 143.70, giving investors a clear measure of the gap between current trading and published expectations.

Deutsche Bank kept its Buy rating and EUR 210 price target on October 1, 2026, according to finanzen.ch. The target lies 46.1 percent above the October 7 price, while the stock's daily decline shows that valuation support has not prevented short-term selling pressure.

Execution remains the test

Siemens Energy and Dynamis Power Solutions agreed to supply 119 SGT-400 gas turbine cores for mobile power packages in the United States, with first deliveries scheduled for 2027, Power Engineering reported on October 1, 2026. The equipment represents 1.7 GW of planned generation capacity for data centers, oil and gas operations, utilities and industrial users.

The order adds a concrete demand signal to a EUR 162 billion backlog, but its financial contribution depends on multi-year delivery execution. That makes the conversion of orders into revenue, profit and cash the central operating issue behind the valuation.

Stock trades below yearly peak

At EUR 143.70 on Xetra on October 7, 2026, Siemens Energy stock was 25.0 percent below its 52-week high of EUR 191.66 and above its 52-week low of EUR 94.40. The company's market capitalization was EUR 122.9 billion, with volume at 490,323 shares at the quoted time.