Stock Price Development
On April 17, 2025, Siemens Energy’s stock reached a record high of €64.80, closing at €63.62, which represented a daily gain of 10%. Since the beginning of 2025, the stock price has increased by over 25%, following a massive surge of 320% in 2024.
Revised Forecasts for Fiscal Year 2024/25
| Metric | New Forecast | Previous Forecast |
|---|---|---|
| Sales Growth* | +13–15 % | +8–10 % |
| Profit Margin (before special effects) | 4–6 % | 3–5 % |
| Net Profit** | Up to €1 billion | Break-even |
*Comparable growth without currency/portfolio effects
**Excluding special effects from the India business
Drivers of Positive Development
Gas Business
New business in the gas sector more than doubled in the last quarter. Expected sales growth is now at 11–13%, with a margin of up to 13%.
Grid Technologies
In grid technology, order intake has significantly increased, with a projected margin of 14–16%. Sales expectations have been raised to up to +26%.
Wind Power Subsidiary Siemens Gamesa
Losses remain stable at around €1.3 billion. For the first time, a stable sales level of +0 to +2% is expected.
Analyst Ratings
JPMorgan highlights consensus expectations and emphasizes resilience to the US tariff conflict. Deutsche Bank raises its price target from €62 to €74 (+20% upside). Jefferies remains cautious with a “Hold” rating and a target of €55.
Risk Factors
Risks still include high losses in the wind segment and the unresolved effects of global trade conflicts on the US business. Full quarterly results are expected on May 8.
For long-term oriented investors, Siemens Energy appears as a company in structural transformation. While core businesses in gas and grid technology compensate for weaknesses in wind power, the company remains exposed to high operational risk.