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Publication date: Aug. 1, 2025
Siemens Energy AG is a leading German energy company that was spun off from Siemens AG in 2020. The company operates in the areas of fossil and renewable energy, energy transmission and industrial solutions. Investors are keeping a close eye on the stock because of its excellent results last year, its significant growth potential and its strong position within the global energy transition. In this article, you can read all about the current share price, expectations and why Siemens Energy AG could be interesting for your investment portfolio. Would you like to receive weekly updates on European equities? Then subscribe to our newsletter here and stay informed.
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- Year of establishment: 2020 (Siemens AG split off)
- Year added to the DAX 40: 2021
-Highest price ever: €99.10 June 2025
- Average trading volume: approximately 1.85 million shares per day
- Share price performance over the past 12 months: +266.70
Introduction about the company
Siemens Energy AG was founded in 2020 following the demerger of Siemens AG's energy business. Based in Munich, the company serves the Gas & Power, Grid Technologies, Industrial Transformation and Siemens Gamesa oil branch sectors. With a focus on energy supply and grid solutions, it offers both conventional and renewable technologies and services to customers worldwide and plays a key role in the energy transition.
Key figures & achievements
In 2024, Siemens Energy generated revenues of €35.75 billion and achieved a net profit of €920 million, the first positive profit since the split-off in 2020. Its market capitalization in July 2025 was approximately €76.67 billion, making it a major player within the DAX 40.
History & development
Siemens Energy was founded in 2020 as an independent company, emerging from the Gas and Power division of Siemens AG. The split-off was officially completed in April of that year, after which the company was listed on the stock exchange and continued as an independent energy group. Siemens AG initially remained a major shareholder, but gave Siemens Energy room to separate itself strategically and operationally from the parent company.
An important part of the group is Siemens Gamesa, active in wind energy, which quickly grew into one of the largest suppliers of wind turbines worldwide. However, this division experienced technical and financial setbacks, especially around production quality and delivery problems. In 2023, this led to serious losses, resulting, among other things, in additional state aid and a multi-level strategic intervention.
A major restructuring has since been initiated. Siemens Energy is selling less profitable parts, focusing more strongly on stable segments such as gas services and network infrastructure, and investing in digitalization. As a result, this has led to a marked recovery in operating results and market capitalization, repositioning Siemens Energy as a pivotal player in the European energy transition.
Sector & competition
Siemens Energy operates in the gas services, grid infrastructure, industrial transformation and wind energy sectors. Major competitors include companies such as General Electric, Vestas and ABB. Siemens Energy's strength lies in combining conventional technology and network innovation, supported by the size of its order book and strategic positioning in energy transition projects.
Influence of Siemens Energy on the DAX 40
Since its inclusion in the DAX 40 in 2021, Siemens Energy has grown to a mid-sized position within the index, with a market capitalization of €76.67 billion, accounting for a significant weighting of 2.36%. Siemens Energy's share price performance influences sentiment around energy transition stocks and infrastructure within the DAX. View the full composition of the DAX 40, including the weighting of all companies here.
Investment analysis & outlook
Siemens Energy shares have experienced a remarkable share price appreciation of over 280% over the past 12 months, outperforming the DAX index by a wide margin. As visible in the chart, the rally started after the low in mid-2023, when concerns around Siemens Gamesa depressed sentiment. From late 2023, the price began to recover sharply, with an accelerating upward trend in 2024 that ended in a record low of €99.10 in June 2025.
The strong share price movement was supported by very good quarterly results. In the second quarter of 2025, Siemens Energy posted revenue growth of over 20% to €10 billion. Profit before special items was €906 million, with a margin of 9.1%. Operational strength was also evident: free cash flow before tax came to €1.39 billion, significantly higher than a year earlier. The order book reached an all-time high of €133 billion, providing a solid foundation for future sales.
Looking ahead, Siemens Energy raised expectations. Revenue growth for 2025 is estimated at 13 - 15%, with net profit of up to €1 billion and free cash flow potentially moving toward €4 billion. Despite residual risks at Siemens Gamesa and geopolitical uncertainties, the strong performance in gas services, power grids and infrastructure provides confidence. The chart clearly shows how the stock has experienced a powerful trend reversal since 2023.
News & updates
April 2025 Siemens Energy significantly raised its revenue and profit forecasts after strong results in Q2, despite concerns about U.S. import tariffs. Order backlog and project execution proved stronger than expected, leading management to set new midterm targets: profit open margin 10 - 12% by 2028, with expected annual revenue growth of 8-10%.
Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.
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