Siemens AG

SIE: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Siemens Earnings: Midterm Targets Lifted Following Strong Close to Fiscal 2026; Raising FVE by 10%

Matthew Donen

Nov 12, 2026

Siemens recorded 58% organic order growth in the fourth quarter, taking full-year growth to 25%, comfortably exceeding company-compiled consensus. Strong momentum across the business led management to raise its midterm comparable revenue growth target from 7% to 11%.

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Siemens AG

Siemens Earnings: Midterm Targets Lifted Following Strong Close to Fiscal 2026; Raising FVE by 10%

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