Siemens stock gained 1.54 percent as guidance points higher

Published on 10/04/2026 at 14:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens stock gained 1.54 percent to EUR 276.10 on October 2 after DZ Bank maintained its Buy rating. Fiscal Q3 revenue rose 8 percent to EUR 20.8 billion.

Aquarellbild der Münchner Skyline mit Hochhäusern und Alpenpanorama — Aquarellmalerei der Münchner Skyline repräsentiert den Hauptsitz von Siemens AG DE0007236101 im DAX-Index Deutschlands, Illustration mit AI erstellt.

Siemens stock (ISIN DE0007236101) gained 1.54 percent to EUR 276.10 on Xetra on October 2, 2026, while the company's market capitalization stood at EUR 210.5 billion. The move followed a fresh analyst signal from DZ Bank and keeps the share 5.35 percent below its 52-week high of EUR 291.70.

DZ Bank keeps its Buy rating

According to Markets Insider on October 2, 2026, Alexander Hauenstein of DZ Bank maintained a Buy rating on Siemens. The report also cited a consensus rating of Moderate Buy and an average price target of EUR 303.75, which stands 10.01 percent above the October 2 reference price.

UBS had also maintained a Buy rating with a EUR 330.00 target in a September 29, 2026 report, according to Markets Insider. The spread between the consensus and the UBS target shows that published expectations remain differentiated even as the broad rating stays positive.

Q3 figures support raised guidance

Siemens reported fiscal Q3 2026 revenue of EUR 20.8 billion, an 8 percent year-over-year increase, while net income rose 15 percent to EUR 2.6 billion. Orders reached EUR 27.9 billion, up 14 percent on a comparable basis, and industrial-business profit increased 25 percent to EUR 3.5 billion, according to Capital.com.

Siemens also raised its fiscal 2026 pre-purchase-price-allocation EPS outlook to EUR 11.20-11.50 from EUR 10.70-11.10. The midpoint therefore increased by EUR 0.45, while comparable group revenue growth remained guided to the upper half of the 6-8 percent range, according to Yahoo Finance.

Siemens stock faces the next test

Siemens traded at EUR 276.10 on Xetra at 5:36 p.m. CEST on October 2, 2026, with volume of 1,298,533 shares. The session's range was EUR 271.05 to EUR 277.85, placing the last price EUR 15.60 below the 52-week high and EUR 78.10 above the 52-week low.

The next scheduled checkpoint is fiscal Q4 and full-year 2026 reporting on November 12, 2026, listed in Siemens' financial calendar by MarketScreener. For investors, the key issue is whether the raised EPS outlook converts into further margin progress after the strong order and profit growth in fiscal Q3.