Siemens (OTCMKTS:SIEGY – Get Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.
Several other equities analysts have also issued reports on the company. Barclays reissued an “underweight” rating on shares of Siemens in a research note on Wednesday, December 3rd. Erste Group Bank lowered shares of Siemens from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Evercore ISI began coverage on shares of Siemens in a research note on Monday, December 15th. They issued an “outperform” rating for the company. Sanford C. Bernstein assumed coverage on shares of Siemens in a research report on Wednesday, January 7th. They set an “outperform” rating on the stock. Finally, Morgan Stanley lowered Siemens from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, October 14th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.
Check Out Our Latest Analysis on Siemens
Siemens Trading Up 0.6%
Siemens (OTCMKTS:SIEGY – Get Free Report) last issued its quarterly earnings results on Thursday, November 13th. The technology company reported $1.22 earnings per share for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.39). Siemens had a return on equity of 11.65% and a net margin of 12.05%.The business had revenue of $24.94 billion for the quarter, compared to analyst estimates of $21.49 billion. Siemens has set its FY 2026 guidance at 6.080-6.430 EPS. On average, sell-side analysts predict that Siemens will post 6.59 EPS for the current year.
Siemens Company Profile
Siemens AG is a German multinational conglomerate headquartered in Munich that develops and sells infrastructure and industrial technology. The company’s activities cover a broad range of engineering and technology solutions, including industrial automation and control systems, software for product lifecycle and factory automation, building and energy management systems, and transportation solutions such as rolling stock and rail signaling. Siemens serves industrial, commercial and public-sector customers with products and turnkey systems as well as lifecycle services and digital solutions.
Siemens operates through multiple business units that emphasize digitalization, electrification and automation across industries.
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