Siemens Energy falls 7% after Thursday's record high

Siemens Energy AG

21/11/2025 09:21

** Shares of Germany's Siemens Energy ENR1n.DE tumbled around 7% after hitting a record high on Thursday after its results

** A trader points to no more positive news being expected after the company's capital markets day and "AI turn"

** RBC, meanwhile, upgrades its target price to 136 euros from 130 euros per share, taking new mid-term forecast and outlook beyond into account

** Shares on track for their worst day since April

** Up to the previous session's close, shares were up 122.5%​ YTD

 (Reporting by Daniela Pegna and Marleen Kaesebier)

 ((marleen.kaesebier@thomsonreuters.com))