Frankfurt, Jan 25, 2026, 19:57 CET — The market has closed.
Shares of Siemens Aktiengesellschaft (SIEGn.DE) ended Friday down 1.4%, slipping to 254.40 euros. The German industrial giant faces a cautious start as Monday’s session opens. 1
The weekend pause hasn’t shifted the key issue for investors: will upcoming data and rate cues sustain the risk-on sentiment, or send funds scrambling back to defensives?
European stocks closed lower on Friday, ending a five-week streak of gains with a weekly loss. Investors remained cautious amid U.S. tariff threats linked to Greenland and disappointing euro zone business activity data. “Even if the Greenland issue seems resolved for now, investors are holding back,” noted Michael Field, chief European equity strategist at Morningstar. 2
Siemens is sensitive to the macro environment since it sells equipment and software that clients purchase only when they’re confident about demand and financing costs. The stock can react sharply once the market shifts from “spend now” to “delay capex.”
On Monday at 10:30 CET, Germany’s ifo Institute will release its monthly business climate survey, a key barometer of economic sentiment. 3
In the U.S., all eyes turn to the Federal Reserve’s Jan. 27–28 meeting, with the rate decision and press conference set for Jan. 28. Even when company news is scarce, shifts in bond yields and currency markets tend to ripple swiftly through European industrial stocks. 4
Siemens is gearing up to release its first-quarter results on Feb. 12. According to the company’s investor relations page, the analyst conference call kicks off at 08:30 CET. 5
Siemens is set to hold its annual shareholders’ meeting in Munich on the same day. While the agenda is typically straightforward, these gatherings often stir up questions on capital allocation and strategy. 6
Last week proved just how fast sentiment can shift. If trade news heats up again or the data shifts, cyclicals tend to take the first hit—and Siemens is right in the thick of that group.
Monday’s ifo survey will be the first real challenge. But Siemens traders have their sights set on Feb. 12, the day the company reports on orders, margins, and cash flow.
