Seeking Alpha
11 Nov 2026, 16:50 UTC · 27m ago
Siemens Energy: Entering The Supercycle
Impact · against what's priced in
Siemens Energy's record FY26 outlook and Gamesa's path to profitability are positive developments, but largely align with market expectations for a recovery. The most significant potential catalyst remains the proposed Transmission Industry carve-out, which could unlock valuation multiples beyond the current conglomerate structure.
- ENR.DE+0.50
No priced-in read yet
- In context
The delivery of a record FY26 outlook and Siemens Gamesa's second consecutive profitable quarter provide concrete evidence of a turnaround, supported by a massive EUR 71 billion service backlog.
Read from the article alone
