Siemens Energy: A Call That Makes a Difference

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  Wolfgang Hagl
  Redaktor

Analysts and investors will actually have to wait another five weeks before Siemens Energy publishes its third-quarter results for fiscal year 2026 (as of the end of September). However, the energy technology company is one of the publicly traded firms that offers a “pre-close call.” Without providing specific figures, management uses this format to share information on recent business developments. Shortly before the end of the quarter, Siemens Energy held such a call on Monday evening.

Apparently, the statements were well received. In any case, the DAX-listed stock rose 5.5% on Tuesday, putting it at the top of the German benchmark index. Looking at the first half of the year as a whole, Siemens Energy ranks third with a 38% increase in share price. Only Infineon (116%) and Hochtief (50%) performed better. The top three DAX stocks benefited from the AI megatrend. While Infineon is capitalizing on the semiconductor boom, Hochtief is involved in the construction of data centers. Siemens Energy, in turn, is benefiting from the AI-driven increase in electricity demand.

Profit-taking and more

In line with this, the company posted record-high orders in the “Gas Services” segment in the second quarter of 2026. The German manufacturer’s turbines are in high demand, particularly in the U.S. Business also flourished in the second-largest division, Grid Technologies. At the same time, losses at “Siemens Gamesa” declined significantly. The wind power division had long been the group’s problem child—and is now on track to break even. Nevertheless, investors took profits in the spring of 2026. After Siemens Energy reached an all-time high of EUR 191.60 in April, the stock fell by as much as 28% within seven weeks.

In addition to profit-taking, general doubts about the AI boom and speculation about growing competitive pressure weighed on the DAX high-flyer. It wasn’t until the stock reached the horizontal support level around EUR 140 that selling pressure eased. From that level, the stock set out to break the short-term downtrend. However, this attempt initially failed. At the “pre-close call,” Siemens Energy provided the impetus for a new attempt. Essentially, the company reaffirmed its previous statements. According to these, demand remains structurally strong across all markets. Furthermore, supply bottlenecks are supporting already high prices and providing the industry giant with good predictability.

Investment Solution

It’s hard to imagine that Siemens Energy will fall short of expectations on August 5. As such, the focus during the earnings call is likely to be on the outlook provided by management, led by CEO Christian Bruch. The top executive has announced a medium-term forecast for November. Along with the full-year results, Bruch will then present guidance extending through 2030. Even now, the odds are good that Siemens Energy will break out to the upside and head toward its all-time high.

Traders can respond to this scenario, for example, by using the long mini-future (ISIN: DE000FE2ZFW4). Société Générale trades this product on the Swiss DOTS OTC platform. Currently, the leverage stands at 4.6, while the issuer has priced in a stop threshold of EUR 138.43. Should Siemens Energy turn downward, the Mini-Future would lose value disproportionately. In addition to general doubts about the AI boom, new problems at Siemens Gamesa or difficulties in fulfilling its packed order book could derail the bullish scenario. For now, things should remain quiet on the news front: Siemens Energy is entering its “quiet period” starting today.