Siemens stock gains 1.66 percent as Q3 growth lifts outlook

Published on 09/25/2026 at 12:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens stock follows Q3 revenue growth of 8 percent to EUR 20.8 billion, reported for fiscal Q3 2026. Orders reached EUR 27.9 billion, up 14 percent.

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Siemens stock gained 1.66 percent to EUR 279.35 on Xetra on September 25, 2026, after the industrial group reported 8 percent comparable revenue growth to EUR 20.8 billion in fiscal Q3 2026. The quarter also brought record orders of EUR 27.9 billion, up 14 percent from EUR 24.7 billion a year earlier. The figures give the share a clear operating foundation, while the price remains EUR 12.35 below its 52-week high of EUR 291.70.

Orders reach EUR 27.9 billion

According to iElektro on September 1, 2026, Siemens reported fiscal Q3 orders of EUR 27.9 billion, compared with EUR 24.7 billion in fiscal Q3 2025. The 14 percent comparable increase lifted the order backlog to EUR 132 billion, strengthening visibility for the final quarter and fiscal 2027.

Net income rose 15 percent to EUR 2.6 billion from EUR 2.2 billion in the year-earlier quarter. Basic EPS before purchase price allocation reached EUR 3.14, compared with EUR 2.78 in fiscal Q3 2025, while free cash flow reached EUR 4.1 billion.

Guidance rises to EUR 11.50

Siemens increased its fiscal 2026 EPS before purchase price allocation guidance to EUR 11.20-EUR 11.50 from EUR 10.70-EUR 11.10 after the first nine months. The midpoint therefore rose by EUR 0.45, while the company continues to expect comparable group revenue growth toward the upper half of its 6 percent to 8 percent range.

The operating mix also matters. Industrial Business profit reached EUR 3.5 billion, up 25 percent from EUR 2.8 billion, and its margin increased to 17.3 percent from 14.9 percent in fiscal Q3 2025. Smart Infrastructure orders reached EUR 8.0 billion, up 42 percent on a comparable basis, with data-center demand supporting the division.

Analyst target stands at EUR 330

According to dpa-AFX via Finanznachrichten on September 21, 2026, DZ Bank maintained its Buy rating and EUR 330 fair value. The bank cited potential for Siemens to slightly exceed its raised fiscal-year outlook, while identifying execution in Digital Industries and the Siemens Healthineers separation as relevant factors.

Stock trades below yearly high

Siemens stock was trading at EUR 279.35 on Xetra on September 25, 2026, up EUR 4.55 from the prior close of EUR 274.80. The 52-week range was EUR 198.00 to EUR 291.70, market capitalization was EUR 212,938,503,711, and volume stood at 154,476 shares.