Siemens (SIE) AI Stock Analysis

Siemens

(XETRA:SIE)

Select Model

Rating:75Outperform

Price Target:EUR 315.00▲(16.06% Upside)

Action:reiterated

Date:08/10/26

The score is driven primarily by strong financial performance (healthy operating margins and consistently strong free cash flow) and supported by constructive technical trends (price above key moving averages with positive MACD). These positives are tempered by a less attractive valuation (P/E ~27 with a modest ~1.9% dividend yield) and some margin pressure plus moderate debt coverage from operating cash flow.

Positive Factors

Cash generationSustained free cash flow near €10.1B with ~80% conversion underpins durable financial flexibility: funds capex, R&D, dividends, and M&A without relying on markets. Over 2–6 months this supports investment in digital/services and gradual balance-sheet improvement.

Negative Factors

Net margin pressureDeclining net margin signals pressure below operating profit—from financing, tax, or non‑operating items—and reduces retained earnings and distributable cash. Persisting margin erosion would weaken returns and constrain reinvestment or faster deleveraging over the medium term.

Siemens (SIE) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 202.50B
Dividend Yield: 1.98%
Average Volume (3M): 961.71K
Price to Earnings (P/E): 26.3
Beta (1Y): 1.49
Revenue Growth: 3.60%
EPS Growth: -18.55%
Country: Germany
Employees: 317,000
Sector: General
Sector Strength: 55
Industry: Industrial - Machinery

Siemens Business Overview & Revenue Model

Company Description

Siemens Aktiengesellschaft, established in Munich, Germany, in 1847, stands as a global technology powerhouse specializing in automation and digitalization. Its expansive reach covers Europe, the Americas, Asia, Australia, Africa, the Middle East, an...

How the Company Makes Money

Siemens makes money mainly by selling industrial products, project-based systems, software, and long-term services across its operating businesses. 1) Digital Industries (automation + industrial software): Revenue is generated from the sale of factor...

Siemens Financial Statement Overview

Summary

Strong overall fundamentals: steady revenue expansion, healthy profitability (TTM gross margin ~39%, EBIT ~15%, EBITDA ~20%), and robust free cash flow (~10.1B) with good conversion (~80% of net income). Offsetting factors include softer net margin (~9.8% vs. ~12.2% previously) and only moderate operating cash flow coverage of total debt (~0.28), despite improving leverage (debt-to-equity ~0.73).

Income Statement

82Very Positive

Balance Sheet

73Positive

Cash Flow

78Positive

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	81.11B	78.91B	75.93B	74.88B	71.98B	62.27B
Gross Profit	31.93B	30.40B	29.82B	29.12B	25.85B	22.74B
EBITDA	16.00B	15.86B	15.34B	15.13B	13.49B	11.64B
Net Income	7.95B	9.62B	8.30B	7.95B	3.72B	5.26B
Balance Sheet
Total Assets	167.54B	166.20B	147.81B	145.07B	151.50B	139.61B
Cash, Cash Equivalents and Short-Term Investments	10.93B	15.52B	10.22B	11.13B	11.70B	10.68B
Total Debt	49.92B	56.01B	47.92B	46.60B	50.64B	48.70B
Total Liabilities	92.39B	97.83B	91.58B	92.01B	96.70B	90.33B
Stockholders Equity	68.26B	62.24B	51.26B	47.79B	48.90B	44.37B
Cash Flow
Free Cash Flow	10.12B	9.08B	9.58B	10.09B	8.16B	8.27B
Operating Cash Flow	12.61B	11.52B	11.66B	12.24B	10.24B	10.00B
Investing Cash Flow	-7.27B	-11.31B	-3.28B	-3.18B	-2.49B	-15.49B
Financing Cash Flow	-9.13B	5.37B	-8.88B	-8.73B	-7.50B	785.00M

Siemens Technical Analysis

Technical Analysis SentimentPositive

Last Price271.40

Price Trends

50DMA271.45Negative

100DMA273.48Negative

200DMA259.06Positive

Market Momentum

MACD-1.32Negative

RSI51.25Neutral

STOCH76.51Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:SIE, the sentiment is Positive. The current price of 271.40 is above the 20-day moving average (MA) of 268.31, below the 50-day MA of 271.45, and above the 200-day MA of 259.06, indicating a neutral trend. The MACD of -1.32 indicates Negative momentum. The RSI at 51.25 is Neutral, neither overbought nor oversold. The STOCH value of 76.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:SIE.

Siemens Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

DE:SIE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:G1A	76Outperform	EUR 10.97B	25.83	17.54%	1.89%	3.92%	10.56%
DE:SIE	75Outperform	EUR 202.50B	26.35	12.21%	1.98%	3.60%	-18.55%
DE:ENR	72Outperform	EUR 106.72B	41.27	25.04%	0.54%	9.00%	175.47%
DE:NDX1	72Outperform	EUR 8.94B	22.21	31.25%	―	11.69%	564.05%
DE:KSB	65Neutral	EUR 1.41B	1.34	9.62%	3.24%	1.66%	11.38%
DE:DUE	62Neutral	EUR 1.12B	5.35	-2.06%	4.83%	1.58%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

DE:SIE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:SIE	Siemens Ag (UK)	270.35	30.45	12.69%
DE:NDX1	NORDEX AG	37.76	10.94	40.79%
DE:DUE	Durr AG	16.58	-2.43	-12.77%
DE:G1A	GEA Group AG	68.70	8.84	14.78%
DE:KSB	KSB (0BQD)	818.00	-99.60	-10.85%
DE:ENR	Siemens Energy Ag	130.00	23.21	21.73%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 10, 2026

Siemens AI Stock Analysis