Siemens raises annual profit forecast as AI demand fuels growth
Siemens raised its annual profit outlook on Thursday as AI demand boosted quarterly earnings. Shares surged over six percent following a strong profit beat.
Insights:
Siemens raised its full-year profit outlook on February 12, 2026, after reporting first-quarter results that exceeded expectations. The company stated that its profit beat for the period ending in December was driven by surging demand for AI-driven data-centre infrastructure , which materially increased revenue during the quarter.
