Siemens AG (SIEGY) Research
Siemens Aktiengesellschaft is a prominent technology firm specializing in automation and digitalization across Europe, the Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. Its operations are organized into five primary segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries segment provides comprehensive industrial automation solutions, encompassing factory software, numerical control systems, motors, drives, inverters, and integrated automation for production machinery and machine tools. Furthermore, it supplies process control systems, machine-to-machine communication devices, sensors, and RFID technology. Its portfolio also extends to software for production and product lifecycle management, mechatronic system simulation and testing, and cloud-native industrial Internet of Things platforms. The Smart Infrastructure segment delivers products, systems, and software solutions designed to facilitate the sustainable energy transition, spanning both fossil and renewable sources. It also addresses smart buildings, sustainable communities, general building infrastructure, electrification, and various electrical products. Within the Mobility sector, Siemens supplies a broad spectrum of solutions for both passenger and freight transport. This includes various rolling stock like trams, light rail vehicles, commuter and long-distance trains, and passenger coaches. It also offers locomotives for diverse hauling needs, automated transportation systems, rail automation technology, electrification components, and intermodal transport solutions. Siemens Healthineers is dedicated to the development, production, and global distribution of diagnostic and therapeutic medical products and services, supplemented by expert clinical consulting. Finally, Siemens Financial Services provides a suite of financial offerings, including debt and equity investments, along with leasing, lending, working capital, equipment, project, and structured financing solutions. Founded in 1847, Siemens Aktiengesellschaft maintains its corporate headquarters in Munich, Germany.
Market snapshot
- Symbol
- SIEGY
- Price
- $158.79
- Day change
- +1.46%
- Market cap
- $209.4B
- P/E ratio
- 27.62x
- 52-week range
- 115.56-163
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Next earnings
- in 2 months
Recent news
- Siemens Gamesa CEO warns of capacity cutbacks if Europe's offshore expansion falters
Siemens Energy on Thursday warned of possible wind turbine capacity cuts in Europe if governments fall behind in efforts to expand offshore power, saying a lack of determination could become an "existential threat" to the industry.
- Siemens buys Italy's MERMEC businesses to strengthen rail technology portfolio
Siemens said on Thursday it agreed to buy several key businesses of Italian rail technology group MERMEC to strengthen its rail portfolio and gain market access to Italy.
- Siemens Launches New $7 Billion Share Buyback Program
The industrial giant launched the buyback program of up to five years as it posted higher second-quarter revenue in its industrial businesses.
Peer companies
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