Siemens stock steadies at €212 amid Spanish data center expansion
The data centre development leverages Siemens’ Smart Infrastructure division, which contributes a quarter of total group revenues
As of June 18, Siemens (SIE.DE) stock is trading at €212, down 0.9% over the past 24 hours.
This price places the stock near the middle of its recent trading range, with key technical levels offering context for potential future moves.
Highlights
- Siemens stock is consolidating around €212, with strong support near €210 and resistance at €245.
- The company’s expansion into Spain’s data center market and strategic partnerships in industrial digitalization are reinforcing investor confidence.
- A breakout above €245 could signal upside toward €260–€270 in the coming months.
The immediate support zone lies between €210 and €215. This region aligns with the 50-day moving average and has repeatedly served as a base during recent pullbacks. The 200-day moving average, now rising and currently near €205, provides additional support in a broader consolidation pattern. A sustained breakdown below €210 would expose the stock to a potential test of €200–€205, but such a scenario appears unlikely without a material change in sentiment or macro conditions.
On the upside, the resistance level at €244.85 marks the high for the year and is the key barrier that must be cleared to resume a bullish trend. A close above that level, especially on rising volume, would likely confirm a breakout and invite follow-through buying. The RSI stands around 56, suggesting the stock is neither overbought nor oversold, and implies room for upward momentum if positive catalysts emerge. The MACD remains positive but flat, indicating ongoing consolidation rather than immediate acceleration.
Siemens stock price dynamics (April 2025 - June 2025). Source: TradingView
Volume has also been tapering off slightly, which is typical during consolidation phases, reinforcing the notion that a breakout or breakdown could be imminent. Traders should watch for a surge in volume accompanying any price move beyond the €210–€245 range, as this would provide confirmation and directional clarity.
Strategic context and recent developments
Siemens’ stock performance is underpinned by its growing emphasis on digital infrastructure and sustainability. A key strategic move announced this week is the development of a major data centre hub in Tres Cantos, Madrid. This hub, alongside additional facilities in Aragón, is intended to serve the Spanish and Portuguese markets, responding to the explosive growth in the data centre sector in southern Europe. The total investment by Siemens and its partners into the region is expected to support a sector anticipated to reach €13 billion over the next five years.
The data centre development leverages Siemens’ Smart Infrastructure division, which contributes roughly a quarter of total group revenues. The focus is on providing energy-efficient, modular infrastructure that aligns with European Green Deal priorities and the digitalisation wave sweeping through the continent. Additionally, Siemens has expanded its cooperation with Telefónica to accelerate 5G-based industrial digitalisation. This partnership will see joint development of automation technologies in Spanish manufacturing, energy, and logistics sectors.
From a macro perspective, Siemens benefits from several converging tailwinds: resurgent industrial activity in Europe, rising capital expenditures on infrastructure and electrification, and long-term demand for energy-efficient digital solutions. While global uncertainties such as interest rate policies and geopolitical tensions remain potential headwinds, Siemens’ diversified exposure across automation, mobility, healthcare, and infrastructure provides it with resilience.
Price outlook and scenarios
Over the short term, Siemens is expected to trade in the €210 to €245 range. The €215 level should act as a near-term pivot, while €245 remains a critical resistance. A decisive move above €245 could pave the way toward €260–€270, driven by investor enthusiasm for the data centre narrative and continued growth in the digital industries segment.
In a bullish scenario, where execution of the Spanish data centre strategy is perceived as ahead of schedule, and macro data supports further industrial expansion, Siemens could break out from its range. In this case, a price of €260–€270 becomes a feasible target by Q3 2025.
In a bearish scenario, should execution delays or macro shocks arise—such as weaker-than-expected European industrial production—the stock could slip back to the €200–€205 range. This would still be within long-term bullish structure but indicate a deeper consolidation.
Siemens and VMware are locked in a legal dispute, with VMware suing Siemens in the U.S. for alleged unlicensed software use, while Siemens argues the case should be handled in Germany. This jurisdictional uncertainty has raised concerns among investors about potential financial and reputational risks.
