SIEGY Stock Recent News

ROCKFORD, Ill.--(BUSINESS WIRE)-- #bonedensity--Forest City Diagnostic Imaging, LLC (Forest City) today announced that it has expanded its operational space, its diagnostic offerings, and has successfully onboarded the latest in MRI scanner AI-powered technology called Deep Resolve by Siemens Healthineers. In early 2025 Forest City expanded its headquarters from 8,000 sq ft to 12,000 sq ft, and increased its service offerings to fulfill local demand by adding additional machines including 3D mammography, a GE.

Siemens AG CEO Roland Busch discusses investing in the United States on 'The Claman Countdown.'

Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas.

FORT WORTH, Texas--(BUSINESS WIRE)--Siemens boosting U.S. investments by more than $10 billion for American manufacturing jobs, software and AI infrastructure.

One of the more impressive stock price pops on Wednesday belonged to a somewhat under-the-radar company for American investors, Siemens (SIEGY 8.44%). The European industrial conglomerate's shares closed the day more than 8% higher on news of a potentially significant new infrastructure program in Germany.

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Following the payment received by Kromek Group PLC from Siemens Healthineers, broker Cavendish said this is expected to deliver profitability for the current financial year and materially strengthen the company's balance sheet. The company's house broker reiterated its 26p target price, which compares to a last close at 7.1p, and its forecasts for the current year, which include a 24% rise in revenue to £24.1 million and a swing from a £3.2 million adjusted loss last year to a £4.9 million profit.

Siemens' Q1 2025 results were very strong, with significant growth in revenue, margins, and profit, particularly driven by the digital industries (DI) segment. Despite positive fundamentals, Siemens' current valuation at over 21x P/E limits its upside, making it less attractive for new investments. I am reducing my Siemens stake due to valuation concerns, retaining a small position and setting a price target of €165.

Kromek Group PLC (AIM:KMK) confirmed it will become profitable in the current financial year after it received the first $25 million (£20 million) payment from Siemens Healthineers under the multi-year agreements signed last month. The payment follows the AIM-listed company completing the first milestone of the contract.

German industrial conglomerate Siemens (SIEGY 1.41%) was a somewhat under-the-radar winner on the stock exchange on Friday. The company's shares enjoyed a more than 1% bump in price, as investors continued to disseminate the latest earnings release and two analysts raised their price targets.