Siemens Energy stock forecast: Third-party price targets
Siemens Energy AG’s share price continues to draw attention as the company navigates a period of operational updates, shifting market conditions and ongoing interest in the wider energy sector.
Siemens Energy AG (ENR) is trading around €116.02 in early European hours on 3 December 2025, within an intraday range of €113.54 to €116.73 on Capital.com’s platform as of 9:58am UTC. Past performance is not a reliable indicator of future results.
The move comes amid a generally firmer German equity market, with Germany’s main stock index trading around 23,785 points, up about 0.3% on the day (TradingView, 3 December 2025). Siemens Energy remains in focus after the company reported fiscal-year 2025 revenue of approximately €39–40 billion and proposed a dividend of €0.70 per share, while also highlighting record orders of roughly €59 billion and a sizeable order backlog (Siemens Energy, 14 November 2025). Investor attention is also on Siemens Energy’s decision to replace an €11 billion government-backed guarantee facility with a new €9 billion bank facility, following an earlier phase of state support linked to challenges in its wind turbine business (Reuters, 6 June 2025).
Past performance is not a reliable indicator of future results.
Siemens Energy stock forecast 2026–2030: Analyst price targets
As of 3 December 2025, third-party Siemens Energy stock predictions span a wide range, reflecting differing views on valuation. The following recent broker and consensus markers illustrate how external forecasters are positioning their 12-month expectations for the share.
Berenberg (broker research)
Berenberg lifted its Siemens Energy AG 12-month price target to about €122 per share from €75 in a note, keeping its positive fundamental stance on the stock. The bank cites stronger-than-expected order intake, improved free cash flow and expectations of margin expansion amid ongoing demand for the group’s energy infrastructure offerings (Investing.com, 2 October 2025).
J.P. Morgan (broker research)
J.P. Morgan reaffirmed a neutral stance on Siemens Energy with a price target of around €100 per share in a report, framing this level as its central valuation marker over the coming 12 months. The broker notes that while profitability and orders have improved, it remains cautious amid valuation considerations and remaining execution risks in parts of the portfolio (The Globe and Mail, 21 November 2025).
Consensus snapshots (multi‑analyst view)
A late-November 2025 consensus snapshot collated by MarketScreener points to an average Siemens Energy target price of around €117.31 over a 12-month horizon, based on a basket of covering analysts. The compilation indicates a mix of stances as analysts weigh the company’s deleveraging, restructuring progress and exposure to energy-transition spending against prior volatility in its wind operations (MarketScreener, 3 December 2025).
Goldman Sachs (investment bank)
Goldman Sachs raised its Siemens Energy target price to about €139 per share from €124, according to a summary of the bank’s research update following the company’s November Capital Markets Day. The bank says the higher marker reflects Siemens Energy’s upgraded 2028 financial objectives, a planned multi-year return of capital via dividends and buybacks, and greater confidence in earnings and free cash flow amid a large order backlog (Investing.com, 2 December 2025).
Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.
ENR stock price: Technical overview
ENR is trading around €116.02 on 3 December 2025 at 09:58 UTC, holding well above its short- and medium-term moving-average band. On the daily chart, the 20/50/100/200-day SMAs cluster around roughly €109, €106, €100 and €87 respectively, keeping a 20-over-50 alignment intact while the 14-day RSI sits near 58 in an upper-neutral zone. Trend strength remains modest, with the ADX around 9, suggesting price is edging higher rather than trending strongly despite the supportive MA backdrop.
On the topside, the nearest classic resistance sits around €122, with a sustained daily close above that area putting the €129 region in view as the next pivot zone. On pullbacks, initial support comes near the classic pivot around €111, with the 100-day SMA just above €100 as the first notable moving-average shelf and S1 near €104 as a deeper reference if the pivot area gives way (TradingView, 3 December 2025).
This is technical analysis for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Siemens Energy share price history
Siemens Energy’s stock price has seen a marked turnaround over the past two years, shifting from low double digits in late 2023 to triple digits by late 2025. The stock closed at €11.68 on 5 December 2023 and spent much of 2024 trading below €30, before starting 2025 near €50 and moving higher through the year to reach €115.82 by 3 December 2025. This means the share price has more than doubled year to date from €50.70 on 2 January 2025, and is up several times over compared with levels around €24–€26 seen in mid-2024.
Past performance is not a reliable indicator of future results.
Capital.com analyst view
Siemens Energy AG’s stock price has staged a sharp recovery over the past two years, moving from low double digits in late 2023 to trade in the €110–€120 area by early December 2025. The move has been underpinned by a rerating in the broader European utilities and industrials space, alongside improving company-specific metrics such as stronger orders, higher revenue and a return to profitability compared with prior loss-making periods.
Recent company updates show Siemens Energy reporting double-digit comparable revenue growth, record order intake and an upgraded mid-term outlook through 2028, while proposing a dividend for fiscal year 2025 and signalling continued investment in grid and energy-transition infrastructure. At the same time, external commentary continues to highlight valuation sensitivity, execution risks in legacy wind operations and the potential impact of broader market volatility on a stock that has already seen substantial gains.
Capital.com’s client sentiment for Siemens Energy CFDs
As of 3 December 2025, Capital.com client positioning in Siemens Energy AG CFDs is one-sided toward longs, with buyers at around 86.6% versus sellers at 13.4%, which puts buyers ahead by about 73 percentage points. This indicates a notable buy skew in current positioning, with long interest dominating short exposure. This snapshot reflects open positions on Capital.com and can change.

Summary – Siemens Energy price 2025
- Siemens Energy AG (ENR) last traded at €116.02 as of 09:58 UTC on 3 December 2025, after a strong run-up through the final quarter of the year.
- The share price has risen from around €50 at the start of 2025 to above €110 by late November and early December, meaning it has more than doubled year to date.
- Over the past two years, ENR has climbed from below €30 in late 2023 into triple-digit territory, reflecting a significant rerating in investor perception during 2024–2025.
- Technical indicators show ENR holding above its 20/50/100/200-day moving averages, with the 14-day RSI near upper-neutral territory and trend strength still relatively weak.
- Capital.com’s client sentiment in Siemens Energy AG share CFDs is weighted toward the buy side, with buyers at 86.59% versus sellers at 13.41%, a gap of about 73 percentage points.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Siemens Energy stock?
Siemens Energy AG’s largest shareholders typically include institutional investors, investment funds and strategic holders, with ownership data published in the company’s regulatory filings and public disclosures. These filings outline major shareholders whose stakes exceed reporting thresholds under German and EU market rules. As ownership structures can change over time as investors rebalance their holdings, it’s useful to refer to Siemens Energy’s latest investor relations updates for the most up-to-date information.
What is the 5 year forecast for Siemens Energy stock?
There’s no single agreed forecast for Siemens Energy’s potential performance over the next five years. Analyst expectations over shorter-term, 12-month periods vary widely, with price targets discussed in this article ranging from the low-€80s to the high-€130s. Over longer horizons, external forecasts often consider factors such as the company’s order backlog, restructuring progress and exposure to energy-transition spending, while also noting risks linked to valuation, industry cycles and execution within its wind business. Forecasts are not guarantees and may change as new information emerges.
Is Siemens Energy a good stock to buy?
Whether Siemens Energy is suitable for a particular individual depends on their objectives, risk tolerance and strategy. The company has reported stronger orders, improved revenue and an upgraded mid-term outlook, which external commentators frequently highlight. At the same time, analysts also point to risks, including valuation sensitivity and execution challenges in parts of the business. As this is not investment advice, anyone considering exposure should ensure they understand both the benefits and the risks associated with the stock and the wider market environment.
Could Siemens Energy stock go up or down?
Siemens Energy’s share price, like all listed equities, can move in either direction in response to company-specific developments, financial results, broader market conditions and investor sentiment. Analysts referenced in the article outline a wide range of price targets, reflecting differing views on how these factors may evolve. Shares can be affected by both favourable drivers, such as strong order intake, and less favourable influences, including market volatility or operational challenges. As with any traded asset, price movements aren’t predictable or guaranteed.
Should I invest in Siemens Energy stock?
Only an individual can assess whether Siemens Energy fits their circumstances. This article provides factual information about recent price movements, analyst views and company updates, but it doesn’t suggest any course of action. Investing in shares involves risks, including the possibility of losing money if the market moves against you. It’s important to ensure you understand how the stock works, the factors that may influence its price and the risks linked to your chosen approach.
How can I trade Siemens Energy share CFDs on Capital.com?
You can trade Siemens Energy share CFDs on Capital.com by opening an account, verifying your details and searching for ENR on the platform. CFDs let you speculate on price movements without owning the underlying shares, and you can go long or short depending on how you expect the market to move. CFDs are traded on margin, and leverage amplifies both profits and losses.