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Siemens Healthineers shows strong growth, raises EPS guidance, and remains a top buy with €48 target.

Analyst Insights
23 Aug 2026
Seeking Alpha
View Source
Bullish
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Siemens Healthineers continues to demonstrate robust performance, driven by strong Imaging and Precision Therapy segments, excluding Chinese market recovery. The company reported a 3Q26 book-to-bill ratio of 1.3x and a margin of 19.1%, leading to an increased EPS guidance of €2.45. Despite conservative growth estimates of 3-5% outside China, the stock offers over 15% annualized upside supported by secular healthcare trends and a resilient installed base. The company remains a high-conviction buy with a €48 per share price target.

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