Siemens clears MerMec deal: Siemens stock sits 10.44 percent below its high

Published on 10/27/2026 at 10:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EU approval advances Siemens Mobility's MerMec deal. Siemens stock costs EUR 261.25 on October 27, 2026 versus the EUR 261.40 Xetra close.

MerMec approval and target revision

The European Commission approved Siemens Mobility's MerMec acquisition under case M.12478 on October 20, 2026.
Jefferies raised its Siemens target from EUR 277.00 to EUR 300.00 while cutting its rating to Hold on October 15, 2026.
Siemens stock trades at EUR 261.25 at 10:32 a.m. CET at Lang & Schwarz on October 27, 2026, minus 0.06 percent versus the Xetra close of October 26, 2026.

Siemens, DE0007236101, Illustration mit AI erstellt.

Siemens (ISIN DE0007236101) was trading at EUR 261.25 at Lang & Schwarz on October 27, 2026 at 10:32 a.m. CET, down 0.06 percent from the Xetra close of October 26, 2026 at EUR 261.40. The European Commission approved Siemens Mobility's acquisition of Italian rail technology company MerMec on October 20, 2026, according to The Brussels Times.

MerMec approval broadens Mobility

The approval covers Siemens Mobility's purchase of selected MerMec rail technology operations, including diagnostics, electrification and signaling. The European Commission said on October 20, 2026, that the transaction raised no competition concerns, with case M.12478 assigned to the review.

The deal gives Siemens a regulatory clearance milestone before its next financial update. Its investor-relations page says Siemens generated EUR 11.6 billion in revenue and EUR 11.4 billion in order intake in fiscal year 2025, figures that provide the latest company-level scale context from Siemens.

What does the target revision mean?

Jefferies cut its rating from Buy to Hold but raised its price target from EUR 277.00 to EUR 300.00 on October 15, 2026, as MarketScreener reported. The new target is EUR 38.60, or 14.77 percent, above the Lang & Schwarz price, while the Hold rating signals that Jefferies sees much of the expected operating improvement as reflected in valuation.

Three dated Siemens developments

On October 15, 2026, Jefferies set the EUR 300.00 target after starting from EUR 277.00. On October 20, 2026, the European Commission cleared the MerMec transaction under case M.12478. On October 27, 2026, Siemens stock stood at EUR 261.25 at Lang & Schwarz, while its 52-week high was EUR 291.70, placing the quote 10.44 percent below that high.

Results arrive November 12

Siemens will release fourth-quarter and preliminary fiscal 2026 figures on November 12, 2026, at 7:00 a.m. CET, followed by its press conference and analyst call, according to the official Siemens announcement. For investors, the upcoming figures will test whether the order visibility cited by Jefferies is translating into operating leverage.

Stock remains below its yearly high

The EUR 30.45 gap to the 52-week high keeps the chart context defensive despite the higher analyst target. Siemens had a market capitalization of EUR 199.3 billion as of October 27, 2026.

Siemens stock was trading at EUR 261.25 at Lang & Schwarz on October 27, 2026 at 10:32 a.m. CET, minus 0.06 percent versus the Xetra close of October 26, 2026 at EUR 261.40. The further course of trading is shown by the continuously updated real-time quote of Siemens stock.