Siemens Energy Future Growth
Future criteria checks 5/6
Siemens Energy is forecast to grow earnings and revenue by 26.3% and 11.7% per annum respectively. EPS is expected to grow by 27.2% per annum. Return on equity is forecast to be 38.2% in 3 years.
Key information
26.3%
Earnings growth rate
27.19%
EPS growth rate
| Electrical earnings growth | 27.2% |
| Revenue growth rate | 11.7% |
| Future return on equity | 38.16% |
| Analyst coverage | Good |
| Last updated | 01 Jun 2026 |
Recent future growth updates
Recent updates
Narrative Update • Jun 01
ENR: Buyback And Gas Power Contract Will Shape Future Upside Potential
Analysts have raised the fair value estimate for Siemens Energy from €178.68 to €195.08, citing a series of higher Street price targets (including moves to €200, €205 and €225) along with updated assumptions for revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research on Siemens Energy has leaned positive, with several firms lifting their formal price targets and reiterating supportive ratings.Analysis Article • May 15
Siemens Energy AG (ETR:ENR) Analysts Are Pretty Bullish On The Stock After Recent Results
Siemens Energy AG ( ETR:ENR ) missed earnings with its latest second-quarter results, disappointing overly-optimistic...Narrative Update • Apr 28
ENR: Data Center Spend And Wind Turnaround Will Shape Balanced Future Returns
Analysts have lifted their price target on Siemens Energy to €178.68 from €165.68, citing updates to fair value estimates, discount rate assumptions, revenue growth expectations, profit margin forecasts and future P/E assumptions. Analyst Commentary Recent Street research activity around Siemens Energy and peers highlights how views are splitting between those focused on upside to fair value assumptions and those fixated on execution and risk.
Narrative Update • Apr 14
ENR: Buyback Plan And Gamesa Turnaround Will Support Future Repricing
Siemens Energy's analyst price target has moved higher to €220, with analysts citing updated assumptions around discount rates, revenue growth, profit margins and future P/E as the key drivers behind the change. Analyst Commentary Recent Street research on Siemens Energy points to a more constructive tone among bullish analysts, who are highlighting both valuation support and execution progress as key reasons for revisiting their price targets and ratings.Narrative Update • Mar 31
ENR: Data Center Demand And Buyback Plan Will Support Future Repricing
Analysts have lifted their fair value estimate for Siemens Energy from €149.05 to €220.00, citing higher assumed revenue growth and profit margins, a slightly higher discount rate, and recent upbeat research, including Deutsche Bank's €35 price target increase and the UBS upgrade, as well as fresh Outperform coverage from Bernstein linked to expected data center driven earnings support and a pullback in valuations. Analyst Commentary Bullish analysts covering Siemens Energy have recently shifted toward a more constructive view, reflected in fresh upgrades and higher price targets.Narrative Update • Mar 16
ENR: Data Center Power Spending And Wind Repair Will Drive Future Returns
Analysts have nudged their Siemens Energy price target higher to about €166 from roughly €161, reflecting updated views on revenue growth, profit margins, and the discount rate following recent upgrades and target increases from several firms. Analyst Commentary Recent research on Siemens Energy has centered on how the company can execute against long term growth themes and what that might mean for valuation over the next few years.Narrative Update • Mar 02
ENR: Data Center Demand And Wind Turnaround Will Shape Forward Returns
Analysts have raised their fair value estimate for Siemens Energy from €141.56 to €161.28, reflecting updated assumptions for revenue growth, profit margins and future P/E, supported by recent upgrades and a higher price target from major banks. Analyst Commentary Recent Street research on Siemens Energy has been mixed, with some firms increasing their price targets and refreshing positive ratings, while others focus more on execution risks and the timing of potential growth drivers.
Narrative Update • Feb 16
ENR: Execution Risks In Wind Division Turnaround Will Likely Pressure Future Returns
Analysts have raised their Siemens Energy price target to €86.00 from €68.84, citing updated assumptions that incorporate modestly higher discount rates, slightly revised revenue growth expectations, stronger projected profit margins and a lower future P/E multiple. Analyst Commentary Recent Street research on Siemens Energy has been mixed, with several firms updating their views on the stock's potential.Analysis Article • Feb 04
Siemens Energy AG's (ETR:ENR) 26% Price Boost Is Out Of Tune With Revenues
Siemens Energy AG ( ETR:ENR ) shares have continued their recent momentum with a 26% gain in the last month alone. The...Analysis Article • Feb 03
Returns On Capital Are Showing Encouraging Signs At Siemens Energy (ETR:ENR)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narrative Update • Feb 02
ENR: Buyback Plan And Execution Risks Will Shape Forward Returns
Analysts have raised their price expectations for Siemens Energy, with the updated fair value moving from €125.04 to €141.56. They cite higher assumed revenue growth, slightly firmer profit margins and a richer future P/E multiple supported by a series of recent price target hikes and rating upgrades across major banks.Narrative Update • Jan 19
ENR: Execution Risks In Energy Transition Projects Will Likely Pressure Future Returns
Analysts have lifted their fair value estimate for Siemens Energy from €51.38 to €68.84. The change reflects updated assumptions for revenue growth, profit margins and a higher future P/E multiple, informed by a series of recent price target increases and rating upgrades across the Street.Narrative Update • Jan 05
ENR: Buyback Plan And Gas Grid Upswing Will Guide Forward Returns
The analyst price target for Siemens Energy has moved higher from €119.92 to €125.04, as analysts cite a series of upward revisions across the Street that reflect updated assumptions for revenue growth, profit margins and valuation multiples in light of recent research highlighting demand for the company's gas and grid offerings. Analyst Commentary Recent research on Siemens Energy has leaned more supportive, with several large banks revisiting their models and resetting price targets at higher levels.Analysis Article • Jan 02
Is It Time To Consider Buying Siemens Energy AG (ETR:ENR)?
Today we're going to take a look at the well-established Siemens Energy AG ( ETR:ENR ). The company's stock saw a...Narrative Update • Dec 21
ENR Will Face Execution Risks As Gas And Grid Cycle Extends
Siemens Energy's fair value estimate has been raised from EUR 37.00 to about EUR 51.38 as analysts lift price targets across the Street, citing a strengthening gas and grid investment cycle, faster revenue growth expectations, and a richer future earnings multiple despite modestly lower margin assumptions. Analyst Commentary Recent research updates on Siemens Energy reflect a clear re-rating of the stock, with targets migrating well into triple digit territory as investors factor in a prolonged gas and grid upcycle.Analysis Article • Dec 18
Shareholders Will Be Pleased With The Quality of Siemens Energy's (ETR:ENR) Earnings
Siemens Energy AG ( ETR:ENR ) just reported healthy earnings but the stock price didn't move much. Our analysis...Narrative Update • Dec 07
ENR: Buyback Program And Gas Grid Upswing Will Shape Future Returns
The analyst price target for Siemens Energy has been raised by about EUR 6 to approximately EUR 120, reflecting analysts' expectations for stronger revenue growth, improving profit margins, and sustained demand across its gas and grid portfolio. Analyst Commentary Recent Street research on Siemens Energy has been dominated by upward revisions to price targets, with multiple firms lifting their estimates into a EUR 100 to EUR 136 range and, in several cases, reiterating positive ratings.Narrative Update • Nov 23
ENR: Share Buyback And Gas Investment Cycle Will Drive Future Upside
Analysts have increased their price target for Siemens Energy to approximately €114 from €101. They cited improved revenue growth expectations, higher profit margins, and greater confidence in the company's ability to address sector challenges.Narrative Update • Nov 07
ENR: Sector Strength And Gas Investment Cycle Will Shape Near-Term Upside
Analysts have modestly raised their price target for Siemens Energy, increasing it from EUR 112 to EUR 120. They cite improved fair value estimates and expectations for growth amid strengthening sector fundamentals.Narrative Update • Oct 24
Energy Transition And Grid Upcycle Will Bring Opportunity And Execution Risks
Analysts have raised their price target for Siemens Energy by approximately EUR 2, now setting fair value at EUR 100.98. They cite expectations for strong revenue growth and a favorable investment environment in the gas and grid sectors.Narrative Update • Oct 10
Grid Modernization And Energy Transition Will Yield Mixed Results
Siemens Energy's analyst price target has been raised from €93.67 to €98.98. This reflects increased optimism among analysts due to expectations of steady margin growth and the company's entry into a strong gas and grid investment cycle.Narrative Update • Sep 26
Grid Modernization And Energy Transition Will Yield Mixed Results
Analysts have raised Siemens Energy's price target to €93.67, citing improved earnings momentum, successful restructuring, robust order intake, and greater confidence in profit margins, while also noting ongoing execution and supply chain risks. Analyst Commentary Bullish analysts cite improved earnings momentum and successful restructuring efforts as key factors supporting higher valuations.Narrative Update • Sep 06
Grid Modernization And Energy Transition Will Yield Mixed Results
Analysts have raised their price targets for Siemens Energy to €91.85, citing improved operational performance, better cost controls, and growing confidence in order backlog execution and margin recovery. Analyst Commentary Bullish analysts are increasing price targets in response to improved operational performance and progress in restructuring efforts.Narrative Update • Aug 22
Grid Modernization And Energy Transition Will Yield Mixed Results
Consensus price targets for Siemens Energy have been raised to €90.88 as analysts cite improving earnings visibility, successful turnaround efforts, and expectations of margin expansion, supporting a more optimistic valuation outlook. Analyst Commentary Bullish analysts are raising price targets reflecting improved visibility on Siemens Energy’s earnings and cash flow trajectory.Narrative Update • Aug 07
Grid Modernization And Energy Transition Will Yield Mixed Results
The upward revision in Siemens Energy’s price target reflects a notable increase in its expected future P/E multiple, while profit margins remain steady, resulting in a consensus fair value increase from €83.76 to €86.50. What's in the News Siemens Energy has been engaged by EnergyPathways to conduct a feasibility assessment for the large-scale, integrated MESH energy storage and decarbonisation project, aiming to deliver low to zero-carbon dispatchable electricity and enhance UK energy security.Analysis Article • Aug 04
With Siemens Energy AG (ETR:ENR) It Looks Like You'll Get What You Pay For
With a median price-to-sales (or "P/S") ratio of close to 2x in the Electrical industry in Germany, you could be...Analysis Article • Jul 19
Why Siemens Energy AG (ETR:ENR) Could Be Worth Watching
Siemens Energy AG ( ETR:ENR ) led the XTRA gainers with a relatively large price hike in the past couple of weeks. The...Analysis Article • Jul 04
Siemens Energy (ETR:ENR) Shareholders Will Want The ROCE Trajectory To Continue
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Narrative • Nov 24
Optimism Fuels Overvaluation Amid Grid & Gas Growth Yet Market Risks Remain
Overvaluation concerns arise from optimistic growth expectations in grid technologies and industry transformation amid increasing global electricity demand.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 9/30/2028 | 56,188 | 6,398 | 6,072 | 8,442 | 23 |
| 9/30/2027 | 49,955 | 5,059 | 5,228 | 7,966 | 25 |
| 9/30/2026 | 43,933 | 3,683 | 6,990 | 7,942 | 25 |
| 3/31/2026 | 40,142 | 2,225 | 5,947 | 7,794 | N/A |
| 12/31/2025 | 39,810 | 1,893 | 5,468 | 7,281 | N/A |
| 9/30/2025 | 39,077 | 1,414 | 4,097 | 5,821 | N/A |
| 6/30/2025 | 38,390 | 954 | 3,760 | 5,449 | N/A |
| 3/31/2025 | 37,442 | 198 | 4,116 | 5,668 | N/A |
| 12/31/2024 | 35,758 | -168 | 3,177 | 4,715 | N/A |
| 9/30/2024 | 34,465 | 1,184 | 1,375 | 2,889 | N/A |
| 6/30/2024 | 33,245 | 577 | 1,540 | 2,871 | N/A |
| 3/31/2024 | 31,954 | -2,237 | 861 | 2,145 | N/A |
| 12/31/2023 | 31,704 | -2,509 | 143 | 1,372 | N/A |
| 9/30/2023 | 31,119 | -4,532 | 394 | 1,622 | N/A |
| 6/30/2023 | 31,784 | -3,388 | 1,219 | 2,451 | N/A |
| 3/31/2023 | 31,558 | -852 | 1,158 | 2,375 | N/A |
| 12/31/2022 | 30,113 | -809 | 1,093 | 2,309 | N/A |
| 9/30/2022 | 29,005 | -467 | 1,061 | 2,218 | N/A |
| 6/30/2022 | 28,015 | -1,022 | 145 | 1,189 | N/A |
| 3/31/2022 | 27,997 | -833 | 503 | 1,535 | N/A |
| 12/31/2021 | 27,897 | -648 | 1,248 | 2,221 | N/A |
| 9/30/2021 | 28,482 | -453 | 959 | 1,946 | N/A |
| 6/30/2021 | 27,915 | -514 | 721 | 1,734 | N/A |
| 3/31/2021 | 27,329 | -1,274 | 913 | 1,900 | N/A |
| 12/31/2020 | 27,625 | -1,400 | 287 | 1,258 | N/A |
| 9/30/2020 | 27,457 | -1,606 | 674 | 1,601 | N/A |
| 6/30/2020 | 28,122 | -1,184 | 1,994 | 2,840 | N/A |
| 9/30/2019 | 28,797 | 158 | N/A | 1,694 | N/A |
| 9/30/2018 | 28,023 | 547 | N/A | 844 | N/A |
| 9/30/2017 | 30,086 | 910 | N/A | 686 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENR's forecast earnings growth (26.3% per year) is above the savings rate (1.9%).
Earnings vs Market: ENR's earnings (26.3% per year) are forecast to grow faster than the German market (17.4% per year).
High Growth Earnings: ENR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ENR's revenue (11.7% per year) is forecast to grow faster than the German market (6.7% per year).
High Growth Revenue: ENR's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENR's Return on Equity is forecast to be high in 3 years time (38.2%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/03 23:54 |
| End of Day Share Price | 2026/06/03 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Siemens Energy AG is covered by 40 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Virginia Sanz de Madrid Gross | Banco Santander |
| Vladimir Sergievskii | Barclays |
| Philip Buller | Berenberg |