Siemens stock rises as Q4 orders jump 58% to record €34.8 billion
Published on 11/12/2026 at 18:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSiemens reports record orders and stronger outlook
- Fourth-quarter revenue increased 11 percent, while Industrial Business profit reached a record level.
- Management expects comparable Group revenue growth of 9 to 11 percent in fiscal 2027.
- Siemens plans to raise its dividend and scale Industrial AI as a growth driver.
Siemens reported record fourth-quarter orders and raised its growth ambitions on Thursday, November 12, 2026. In its earnings release, the company said orders rose 58 percent to 34.8 billion euros in the fiscal fourth quarter ended September 30.
Record orders lift Siemens outlook
Revenue increased 11 percent to 23.7 billion euros, supported by all industrial businesses and led by Smart Infrastructure. The book-to-bill ratio reached 1.47, indicating that incoming orders substantially exceeded quarterly revenue.
Profit from Industrial Business rose 22 percent to a record 3.9 billion euros. The margin improved to 16.8 percent, while net income climbed 32 percent to 2.4 billion euros. Siemens said the quarter benefited particularly from Mobility and Smart Infrastructure.
Fiscal 2027 starts with higher targets
For fiscal 2027, Siemens expects comparable Group revenue growth of 9 to 11 percent and a book-to-bill ratio above 1. The company forecasts fiscal-year basic earnings per share before purchase price allocation accounting of 10.20 to 10.80 euros.
Siemens also raised its proposed dividend to 5.50 euros per share from 5.35 euros. Management identified continued investment in artificial intelligence, digital infrastructure, public investment programs and a recovery in industrial activity as factors supporting the outlook. The company plans to reduce its stake in Siemens Healthineers through a direct spin-off during fiscal 2027.
Siemens stock traded at 282.45 euros on Lang & Schwarz at 18:01 CET on Thursday, November 12, 2026, 0.27 percent above the Xetra close of Thursday, November 12.
Siemens AG at a glance
- Company: Siemens AG
- ISIN: DE0007236101
- Xetra ticker: SIE.DE
- Latest quote: 282.45 euros on Lang & Schwarz, Thursday, November 12, 2026, 18:01 CET
- Change versus Xetra close: 0.27 percent above the Xetra close of 281.70 euros on Thursday, November 12, 2026
Germany's DAX provides the broader market setting for Siemens investors.
