Siemens stock slips 1.1% on profit-taking as order growth slows
The company recently reported a net income of €8.99 billion for 2024 and revenues of approximately €75.93 billion
As of June 12, Siemens AG (ETR: SIE) is trading at €217.40, down 1.1% in the past 24 hours.
The price action reflects a continuation of the short-term bearish correction that has emerged since the beginning of June.
Highlights
- Siemens stock is down 1.1% to €217.40 as investors react to a short-term slowdown in order growth.
- Technical indicators point to key support at €210, with potential for a rebound if selling pressure eases.
- Long-term fundamentals remain strong, backed by diversified operations and robust earnings forecasts.
Over the last month, Siemens has declined approximately 2.8%, with its recent highs near €224 forming a short-term resistance ceiling. However, the longer-term picture remains positive, as the stock has gained nearly 25% over the past year and is up around 15% year-to-date.
The 50-day moving average is currently trending near €210 and has historically served as a reliable support level during minor pullbacks. The 200-day moving average, sitting well below at €195, reinforces the broader bullish trend that has been in place since late 2023. The stock’s Relative Strength Index (RSI) has dipped below 50, hovering around 43, suggesting weakening momentum but not yet an oversold condition. This points to the potential for further downside before a technical bounce.
Siemens stock price dynamics (April 2025 - June 2025). Source: TradingView
Volume analysis reveals a mild increase in selling pressure over the last five sessions, but without signs of panic or capitulation. This implies that the correction is healthy rather than a structural breakdown. Should the stock fall below €210, the next major support zone lies around €200, a psychological level that also coincides with the lower boundary of the medium-term trend channel.
Market context: strong fundamentals and solid industrial demand
Despite the recent pullback, Siemens remains fundamentally strong. The company recently reported a net income of €8.99 billion for 2024 and revenues of approximately €75.93 billion. Analyst consensus from Yahoo Finance projects earnings per share of €11.02 for 2025 and €11.93 for 2026, underscoring investor confidence in sustained earnings growth. The dividend yield, currently at 2.52%, adds further attractiveness for long-term investors.
Siemens’ performance is bolstered by its well-diversified business segments: Digital Industries, Smart Infrastructure, and Mobility. The Digital Industries unit continues to benefit from robust demand in factory automation and industrial software, while Smart Infrastructure gains from long-term urbanization trends and global investment in energy-efficient buildings. Additionally, the Mobility segment, which focuses on rail and transport systems, is poised for further expansion amid rising investment in green transport infrastructure across Europe and Asia.
Broader market sentiment in Europe remains mixed. The DAX index has shown resilience but is encountering resistance amid concerns about inflation persistence in the eurozone and potential delays in ECB rate cuts. Siemens, being a cyclical industrial giant, tends to track broader macroeconomic sentiment closely, especially in export-heavy sectors like engineering and automation. Nevertheless, its alignment with key themes such as digital transformation, smart grids, and climate technologies acts as a structural tailwind.
Likely rebound toward €225, contingent on macro cues
Siemens is likely to see consolidation in the €210–€225 range in the near term. If support at €210 holds, a recovery toward €225 could unfold over the next few trading sessions, driven by technical momentum and dip-buying activity. A decisive break above €225 would open the path to retest the April high near €235, a level last seen in Q1 2025.
However, if market volatility continues and €210 fails to hold, Siemens may drift lower toward €200 before attracting substantial buyer interest. That said, the probability of a sharp decline appears limited unless broader macroeconomic conditions deteriorate significantly.
Siemens and Nvidia expanded their strategic partnership on June 10 to drive AI and digital twin adoption in industrial manufacturing. The collaboration integrates Nvidia’s Omniverse and AI computing with Siemens’ automation and operational tech, signaling a strong bullish catalyst for future growth.
