From Nasdaq: 2025-02-14 18:06:52

Siemens (OTC: SIEGY) saw a 1% increase in stock price after reporting a 3% rise in revenue to 18.4 billion euros in the first quarter of fiscal 2025. Orders were up in all segments except Mobility, resulting in a 7% slump to slightly over 20 billion euros. With a 52% increase in net income to 3.9 billion euros, Siemens exceeded analyst estimates and CEO Roland Busch expressed confidence in navigating tariff regimes. Analysts raised price targets, with Morgan Stanley’s Max Yates and RBC Capital’s Mark Fielding increasing targets to 240 euros and 245 euros, respectively.



Read more at Nasdaq: Why Siemens Stock Crept Higher on Friday