Siemens Energy AG (ETR: ENR) is a prominent name in energy technology, operating across the whole energy landscape, from conventional to renewable power, from grid technology to storage.
The company is widely recognised for its production of essential components and systems. For investors navigating the energy sector, particularly in the context of the global energy transition, Siemens Energy is certainly a stock worth further examination.
Siemens Energy Share Price & Chart
After facing challenges in 2023, the stock has experienced a remarkable rebound and has been trending strongly upwards since the start of 2024. As of July 26, 2025, it currently trades just below the €97 mark.
This year, it has delivered an outstanding performance, up approximately 92.5%. Over the last 12 months, the stock has seen an even more dramatic rise, appreciating by approximately 282.5%.
P/E Ratio Average (End of 2024): 24.8
Siemens Energy EPS and Revenue Breakdown 2020-2024
| VOW3 | Annual EPS | Annual Revenue |
|---|---|---|
| 2020 | €-2.21 | €27.47 billion |
| 2021 | €-0.63 | €28.48 billion |
| 2022 | €-0.65 | €29.01 billion |
| 2023 | €-5.47 | €31.12 billion |
| 2024 | €1.35 | €34.47 billion |
Siemens Energy AG, a German publicly traded energy corporation, was formed through the spin-off of the former Gas and Power division of Siemens AG. Headquartered in Munich, Germany, the company’s primary listing is on the Frankfurt Stock Exchange (Xetra). It is a consistent component of the DAX index.
Siemens Energy operates in over 90 countries and employs approximately 100,000 people.
Siemens Energy Stock Forecast
Data compiled by TradingView indicates that of the 24 analysts covering the stock, 13 have a “Buy” rating, while 8 have a “Hold” rating and 3 have a “Sell” rating.
A View From the Bulls: Given the recent share price performance, you might be forgiven for thinking that the majority of analysts are bullish on Siemens Energy; however, there are some who hold a contrarian view. However, when it comes to the bullish case, analysts at Deutsche Bank recently raised their price target on Siemens Energy AG to EUR 95 from EUR 82 per share, maintaining a “Buy” rating on the stock.
The bank told investors in a note that as a pure-play company focused on power generation and transmission markets, Siemens Energy is “well positioned to benefit from a multi-year electrification investment super-cycle, which has recently gained further momentum thanks to the incremental opportunity created by AI-dedicated data centers.” Despite the share price rally, Deutsche Bank said there is no reason to believe the positive trend will stop, especially with the company having various potential catalysts on the horizon before year-end.
Overall, Siemens Energy’s critical role in the global energy transition, underpinned by a solid order backlog and strong demand for its grid technologies and gas services, suggests a strong bull case for the stock. The surging demand for energy infrastructure, electrification, and decarbonisation solutions serve as robust, long-term tailwinds for the stock.
A View From the Bears: On the other hand, UBS was bearish on the stock in January this year, stating that the share levels at the time looked to be pricing in “flawless execution by the company with potential risks (especially in Siemens Gamesa) remaining.” While the share price has continued to rise, the UBS view cannot be ignored, given that the current valuation is stretched to the upside.
Average Analyst Consensus 12-Month Price Target: EUR 83.14
Our View: Of course, Siemens Energy AG’s rally may mean that some investors feel it is overpriced. However, the company does hold a pivotal, albeit challenging, position at the forefront of the global energy transition. Nevertheless, investors should carefully consider the current valuation before making an investment decision, while also acknowledging the associated execution risks.
Who Should Buy Siemens Energy AG Shares
When assessing an investment in Siemens Energy AG, several investor profiles might find it a suitable addition to their portfolios:
Long-term investors focused on the global energy transition: The company offers a direct investment in the critical infrastructure and technologies needed for a sustainable energy future.
The growth of renewables and grid modernisation: Siemens Energy’s leading position in these areas makes it an attractive play on these fundamental trends.
Large-cap European industrial company: Siemens Energy’s portfolio aligns with ESG (Environmental, Social, and Governance) investing themes, which will suit investors focused on this area.
