Last week saw the newest yearly earnings release from Siemens Energy AG (ETR:ENR), an important milestone in the company’s journey to build a stronger business. Siemens Energy reported €39b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of €1.60 beat expectations, being 3.0% higher than what the analysts expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. With this in mind, we’ve gathered the latest statutory forecasts to see what the analysts are expecting for next year.
XTRA:ENR Earnings and Revenue Growth December 14th 2025
After the latest results, the 21 analysts covering Siemens Energy are now predicting revenues of €43.7b in 2026. If met, this would reflect a decent 12% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 115% to €3.55. Before this earnings report, the analysts had been forecasting revenues of €43.6b and earnings per share (EPS) of €3.52 in 2026. So it’s pretty clear that, although the analysts have updated their estimates, there’s been no major change in expectations for the business following the latest results.
See our latest analysis for Siemens Energy
The analysts reconfirmed their price target of €122, showing that the business is executing well and in line with expectations. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company’s valuation. Currently, the most bullish analyst values Siemens Energy at €170 per share, while the most bearish prices it at €37.00. As you can see the range of estimates is wide, with the lowest valuation coming in at less than half the most bullish estimate, suggesting there are some strongly diverging views on how analysts think this business will perform. With this in mind, we wouldn’t rely too heavily the consensus price target, as it is just an average and analysts clearly have some deeply divergent views on the business.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It’s clear from the latest estimates that Siemens Energy’s rate of growth is expected to accelerate meaningfully, with the forecast 12% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 7.4% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 10% annually. Siemens Energy is expected to grow at about the same rate as its industry, so it’s not clear that we can draw any conclusions from its growth relative to competitors.