Siemens stock trades at EUR 277.05 as Q3 orders reach EUR 27.9 billion

Published on 09/28/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens stock is 5.02 percent below its 52-week high on September 28, 2026. Fiscal 2026 EPS pre-PPA guidance stands at EUR 11.20-11.50 after a EUR 0.45 midpoint increase.

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Siemens (ISIN DE0007236101) was trading at EUR 277.05 on Xetra at 11:59 a.m. CEST on September 28, 2026, 5.02 percent below its 52-week high of EUR 291.70. The latest fiscal Q3 update showed record orders and a higher earnings outlook, according to Yahoo Finance on August 6, 2026.

Orders set a new record

In the fiscal third quarter ended June 30, 2026, Siemens reported group orders of EUR 27.9 billion, up 14 percent from the prior year. The book-to-bill ratio reached 1.34, lifting the order backlog to a record EUR 132 billion, according to Yahoo Finance.

Comparable revenue growth reached 8 percent in the quarter. Industrial business profit rose to EUR 3.5 billion, with a 17.3 percent margin, while earnings per share before purchase price allocation reached EUR 3.14 and free cash flow reached EUR 4.1 billion.

Guidance moves higher

After the first nine months of fiscal 2026, Siemens raised EPS pre-PPA guidance to EUR 11.20-11.50 from EUR 10.70-11.10. The midpoint therefore increased by EUR 0.45, while management continued to expect group comparable revenue growth of 6-8 percent, Yahoo Finance reported.

Smart Infrastructure was a central driver. Its orders increased 42 percent to EUR 8.0 billion, while comparable revenue growth reached 13 percent and the division lifted its full-year comparable revenue outlook to 10-11 percent. Digital Industries confirmed revenue growth guidance of 7-10 percent and a profit margin range of 17-19 percent.

Analyst rating stays positive

On September 21, MarketScreener reported that DZ Bank analyst Alexander Hauenstein maintained a Buy rating on Siemens. The combination of a 1.34 book-to-bill ratio, a EUR 132 billion backlog and higher EPS guidance gives the market a measurable operating base for the valuation.

Stock stays below the yearly high

Siemens had a market capitalization of EUR 211.2 billion and a trading volume of 124,408 shares as of September 28, 2026. The stock was trading at EUR 277.05 on Xetra, down EUR 1.25 or 0.45 percent from the prior close of EUR 278.30, with an intraday range of EUR 276.20 to EUR 278.55.