Jefferies lifts Siemens stock target to EUR 300 after downgrade

Published on 10/26/2026 at 16:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens reports fiscal 2026 results on November 12. Siemens stock costs EUR 261.93 on October 26, 2026, plus 2.00 percent versus the Xetra close.

Analyst target and reporting date

Jefferies raised its Siemens target from EUR 277.00 to EUR 300.00 on October 15, 2026.
Siemens will publish fourth-quarter and preliminary fiscal 2026 figures on November 12, 2026.
Siemens stock costs EUR 261.93 at Lang & Schwarz on October 26, 2026 at 4:41 p.m. CET, 2.00 percent above the Xetra close of EUR 256.80 on October 23, 2026 and 10.21 percent below the EUR 291.70 52-week high.

Siemens, DE0007236101, Illustration mit AI erstellt.

Jefferies downgraded Siemens from Buy to Hold while raising its price target from EUR 277.00 to EUR 300.00 on October 15, 2026, according to MarketScreener. The new target stands 14.54 percent above the Lang & Schwarz price of EUR 261.93. Siemens stock was trading at EUR 261.93 at Lang & Schwarz on October 26, 2026 at 4:41 p.m. CET, 2.00 percent above the Xetra close of EUR 256.80 on October 23, 2026.

Jefferies sees limited upside

Jefferies said Siemens entered fiscal 2027 with improved visibility into its order backlog after strong order intake in fiscal 2026. The firm also said those positive factors were already largely reflected in market expectations, which explains the downgrade despite the higher target.

Stock stays below its high

The Siemens share price remains EUR 29.77 below its 52-week high of EUR 291.70 and stands EUR 63.93 above its 52-week low of EUR 198.00, both as of October 26, 2026. The current level therefore sits 10.21 percent below the high and 32.29 percent above the low. Trading volume was 429,008 shares at 4:35 p.m. CET.

Valuation meets a firm date

Siemens had a market capitalization of EUR 199.4 billion and a price-to-earnings ratio of 25.85 as of October 26, 2026. The next scheduled corporate event is the release of fourth-quarter and preliminary fiscal 2026 results on November 12, 2026.

Siemens said the results will be released at 7:00 a.m. CET, followed by a press conference call at 8:00 a.m. CET and an analyst call at 9:30 a.m. CET. For investors, the November figures will provide the next reported test of order momentum and operating leverage.

Target and valuation in context

The gap between the current price and Jefferies' EUR 300.00 target is smaller than the stock's 10.21 percent distance from its 52-week high. That contrast leaves the analyst revision as the clearest dated valuation signal, while the scheduled results provide the next company-specific date.

Siemens stock price and next date

Siemens stock trades after the analyst revision at EUR 261.93 at Lang & Schwarz on October 26, 2026 at 4:41 p.m. CET. The price is 2.00 percent above the Xetra close of EUR 256.80 on October 23, 2026, while the next results date is November 12, 2026.

The further course of trading is shown by the continuously updated real-time quote of Siemens stock.