Siemens stock: Record orders lift fiscal 2027 outlook

Published on 11/13/2026 at 18:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens stock follows record fourth-quarter orders and a stronger fiscal 2027 outlook. Management also proposed a higher dividend for shareholders.

What Matters for Investors

Siemens reported record fourth-quarter orders and strong industrial profitability for fiscal 2026.
The company expects comparable group revenue growth of 9 percent to 11 percent in fiscal 2027.
Management proposed raising the dividend to 5.50 euros per share.

Siemens, DE0007236101, Illustration mit AI erstellt.

Siemens reported record fourth-quarter orders and raised its growth outlook for fiscal 2027 in a release published on Thursday, November 12. The company said orders rose 58 percent to 34.8 billion euros in the July-to-September period, while revenue increased 11 percent to 23.7 billion euros. The figures were part of Siemens' preliminary fiscal 2026 results, according to the Siemens earnings release.

Record Orders Lift Growth Outlook

Industrial Business profit increased 22 percent to a quarterly record of 3.9 billion euros, and net income climbed 32 percent to 2.4 billion euros. For the full fiscal year, orders reached 108.2 billion euros and revenue totaled 83.4 billion euros, with a book-to-bill ratio of 1.30.

For fiscal 2027, Siemens expects comparable group revenue growth of 9 percent to 11 percent and EPS before purchase price allocation accounting of 10.20 euros to 10.80 euros. The company also raised its medium-term comparable revenue growth target to 7 percent to 11 percent, from 6 percent to 9 percent previously.

Dividend And Digital Growth

Siemens proposed increasing the dividend to 5.50 euros per share from 5.35 euros. Management also pointed to a 16 percent increase in digital-business revenue and identified Industrial AI as a growth opportunity.

Siemens stock traded at 279.63 euros on Lang & Schwarz at 18:30 CET on Friday, November 13, 0.08 percent above the Xetra close of Friday, November 13.