Siemens Energy stock rises as profit and cash flow surge
Published on 08/17/2026 at 19:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Siemens Energy stock rises after the company reported profit before special items of EUR 1,623 million in the third quarter and underlying earnings per share of EUR 1.28, both above the year-earlier quarter, according to the latest company coverage from the ad-hoc-news report.
Free cash flow before taxes reached EUR 2,319 million in the same quarter, up from EUR 419 million a year earlier, while net income climbed to EUR 1,188 million from EUR 697 million. That combination gives investors a clearer view of how the turnaround is showing up in cash, not just in profit.
Quarterly momentum
The quarter also showed margin progress, with Siemens Gamesa posting its first operating profit since 2022 and management reaffirming full-year 2026 guidance after the first half. The same report says the margin before special items is now expected to land near the top of the projected range.
Deutsche Bank lifted its price target to EUR 210 on August 6 and kept a Buy rating, while the stock closed at EUR 161.00 and sat about 18 percent below its April peak of EUR 195.38, according to the same market coverage. That gap matters because it leaves room for rerating if the operating trend keeps holding.
What the numbers show
Revenue in the latest reported quarter reached EUR 2,394.1 million, up 27.38 percent from EUR 1,879.5 million a year earlier, and operating income rose to EUR 463.6 million from EUR 334.2 million. The pair of gains shows that the business is expanding and converting more of that growth into profit.
On the market side, Siemens Energy AG traded at EUR 163.60 on Tradegate on August 17, 2026, up 1.83 percent on the session, with a 1-year gain of 33.49 percent and a 5-day move of 4.66 percent. The stock also traded above its previous close of EUR 160.72, which keeps the recent trend constructive.
Gas turbines and grids
The core business still rests on gas turbines, grid technology, and service work, with Siemens Gamesa now back in profit after a long stretch of pressure. That mix makes the company sensitive to order flow and execution, but the latest quarter shows the cash profile improving at the same time.
More on Siemens Energy AG. The group remains tied to large-scale power infrastructure demand, and the latest quarter suggests the turnaround is moving from promise into reported numbers.
Trading level
Siemens Energy stock held at EUR 163.60 on Tradegate on August 17, 2026, after a 1.83 percent rise in the session. The latest move leaves the shares above the previous close and still below the April high of EUR 195.38.
Fact box
Company: Siemens Energy AG
ISIN: DE000ENER6Y0
Ticker: ENR
Exchange: Tradegate
Price (as of August 17, 2026): EUR 163.60
Market cap: EUR 106.58 billion
Sector / Industry: Industrials / Electrical Equipment
Index membership: MDAX
