Added to YB: 2026-07-27
Pitch date: 2026-07-23
ENR.DE [bullish]
Siemens Energy AG
Author Info
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Company Info
Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments.
Market Cap
EUR 128.7B
Pitch Price
N/A
Price Target
305.30
Dividend
0.47%
EV/EBITDA
25.75
P/E
59.46
EV/Sales
3.02
Sector
Electrical Equipment
Category
growth
Siemens Energy (and GE Vernova): Debunking the Peak Gigawatt Bear Case
ENR.DE: Long thesis; stock could double in 2yrs w/ protected downside. Debunks 'peak GW orders' bear case — peak bookings ≠ peak EBITDA. GEV/ENR booked out to 2031, will deliver max 30GW/yr through 2040-2050 even if orders fall to 20GW. Services (20yr agreements, 40-50% margins, 2-3x equipment value) layer on post-2030 for durable high-margin recurring growth. Prefers ENR over GEV; Grid biz even bigger upside. +$7B/yr equipment EBITDA.
Read full article (6 min)