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Siemens Healthineers AG Unsponsored ADR (SMMNY)
OTHER OTC:SMMNY
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Siemens Healthineers AG Unsponsored ADR (SMMNY) AI Stock Analysis

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SMMNY

Siemens Healthineers AG Unsponsored ADR

(OTC:SMMNY)

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Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
$21.50
▼(-17.37% Downside)
Action:ReiteratedDate:02/08/26
The score is weighed down primarily by weak technicals (below major moving averages with negative MACD) and soft fundamental momentum (flat-to-down revenue signals and weaker/volatile free cash flow). These are partially offset by stable profitability/ROE and an earnings call that reaffirmed full-year outlook and showed strength in Imaging/Precision Therapy, though tempered by Diagnostics/China and tariff/FX headwinds.
Positive Factors
Recurring revenue from installed base
The business model emphasizes recurring revenue from services, consumables and software tied to a large installed base and long equipment replacement cycles. This creates durable revenue visibility, higher lifetime customer value and resilience versus single-sale cycles over the next 2–6 months.
Negative Factors
Diagnostics China disruption
Structural changes in China (volume‑based procurement and reimbursement cuts) are reducing prices, volumes and profit conversion for Diagnostics. Given China’s size, this creates a multi‑quarter headwind to diagnostic sales and margins until pricing/reimbursement dynamics normalize or portfolio mix shifts.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue from installed base
The business model emphasizes recurring revenue from services, consumables and software tied to a large installed base and long equipment replacement cycles. This creates durable revenue visibility, higher lifetime customer value and resilience versus single-sale cycles over the next 2–6 months.
Read all positive factors

Siemens Healthineers AG Unsponsored ADR (SMMNY) vs. SPDR S&P 500 ETF (SPY)

Siemens Healthineers AG Unsponsored ADR Business Overview & Revenue Model

Company Description
Siemens Healthineers AG Unsponsored ADR (SMMNY) is a global leader in medical technology and healthcare solutions, providing innovative and high-quality products and services in the fields of imaging, diagnostics, and digital health. The company o...
How the Company Makes Money
Siemens Healthineers makes money primarily by selling medical equipment and related solutions, and by generating recurring revenue from services and consumables tied to its installed base. Major revenue streams include: (1) Equipment and solution ...

Siemens Healthineers AG Unsponsored ADR Earnings Call Summary

Earnings Call Date:Jan 29, 2026
(Q1-2026)
|
% Change Since: |
Next Earnings Date:May 12, 2026
Earnings Call Sentiment Positive
The call presented a mix of strong operational performance in Imaging and Precision Therapy (solid growth, margin expansion ex-headwinds, strong Americas performance, product and partnership momentum, and a Moody's investment-grade rating) offset by significant challenges in Diagnostics driven by China-specific structural changes (VBP and reimbursement reductions), tariff and FX headwinds, and near-term guidance caution for Q2. Management emphasized that core synergies and operational improvements largely offset macro headwinds in Q1 and confirmed the full-year outlook, but Diagnostics and China pose material, near-term headwinds that may temper segment-level performance.
Positive Updates
Strong start to fiscal 2026 and outlook confirmed
Company reported a good start to FY2026 and confirmed its full-year revenue growth and adjusted EPS outlook, citing strong operational performance in core businesses that offsets material headwinds.
Negative Updates
Diagnostics revenue decline and China market disruption
Diagnostics revenue declined ~3% in Q1, primarily due to material structural changes in China (volume-based procurement (VBP) and reimbursement reductions) that reduced prices, volumes and profit conversion and caused muted demand.
Read all updates
Q1-2026 Updates
Negative
Strong start to fiscal 2026 and outlook confirmed
Company reported a good start to FY2026 and confirmed its full-year revenue growth and adjusted EPS outlook, citing strong operational performance in core businesses that offsets material headwinds.
Read all positive updates
Company Guidance
Siemens Healthineers confirmed its fiscal 2026 outlook while flagging short‑term China headwinds in Diagnostics: Q1 showed Imaging +5.7% (synergistic core ~6%), Precision Therapy +5.9%, Diagnostics -3%, and group revenue +3.8%; Americas +9% and China -5% (driven solely by Diagnostics). Key profit metrics: Imaging adjusted EBIT margin 21.6%, group adjusted EBIT margin 15% (flat YoY), and operational margin expansion excluding tariffs/FX of ~200 bps in Q1 (Imaging >100 bps ex‑special items; Precision Therapy ~400 bps operational uplift, with ~100 bps from special items). EPS: adjusted EPS was down ~3% YoY (Q1 down ~€0.02), but excluding tariffs and FX EPS rose ~17% YoY; Q1 saw an EPS headwind of ~€0.10 (FX ~ $0.04 in Q1, ~€0.15 full year; tariffs ~€0.06 in Q1, ~€0.15 full year) and an operational EPS improvement of ~€0.08, with a full‑year operational EPS uplift target of ~€0.25. For Q2 the company expects group growth below its 5–6% outlook range, Imaging to grow mid‑single digits, Precision Therapy mid‑ to high‑single digits, Diagnostics to decline further, and segment margins to be below prior‑year levels due to tariffs and FX; equipment book‑to‑bill in the synergistic core was 1.12 and Atellica grew ~20% in Q1 to ~70% of core lab sales.

Siemens Healthineers AG Unsponsored ADR Financial Statement Overview

Summary
Solid profitability (TTM gross margin ~38%, operating margin ~14%, net margin ~9%) and healthy ROE (~11.6% TTM) support a stable base, but revenue momentum is weak/negative in the TTM data and free cash flow is down (~20% TTM) with uneven conversion.
Income Statement
63
Positive
Balance Sheet
66
Positive
Cash Flow
58
Neutral
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue21.90B22.03B22.36B21.68B21.71B18.00B
Gross Profit9.39B8.51B8.47B7.71B8.14B6.95B
EBITDA4.54B4.32B4.22B3.78B4.26B3.52B
Net Income2.11B2.02B1.94B1.51B2.04B1.73B
Balance Sheet
Total Assets44.25B52.13B46.05B46.68B49.06B41.93B
Cash, Cash Equivalents and Short-Term Investments2.14B2.25B2.68B1.64B1.44B1.32B
Total Debt15.16B17.70B16.21B16.65B16.65B14.31B
Total Liabilities25.78B30.88B27.81B28.55B29.20B25.87B
Stockholders Equity18.42B21.20B18.20B18.08B19.84B16.04B
Cash Flow
Free Cash Flow1.82B2.13B1.77B971.00M1.40B2.11B
Operating Cash Flow2.63B2.91B2.47B1.81B2.26B2.78B
Investing Cash Flow-749.12M-854.00M-666.00M-1.07B-868.00M-14.14B
Financing Cash Flow-2.40B-2.44B-1.30B-380.00M-1.40B11.99B

Siemens Healthineers AG Unsponsored ADR Technical Analysis

Technical Analysis Sentiment
Negative
Last Price26.02
Price Trends
50DMA
23.41
Negative
100DMA
24.37
Negative
200DMA
25.74
Negative
Market Momentum
MACD
-0.82
Negative
RSI
31.23
Neutral
STOCH
51.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SMMNY, the sentiment is Negative. The current price of 26.02 is above the 20-day moving average (MA) of 21.72, above the 50-day MA of 23.41, and above the 200-day MA of 25.74, indicating a bearish trend. The MACD of -0.82 indicates Negative momentum. The RSI at 31.23 is Neutral, neither overbought nor oversold. The STOCH value of 51.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SMMNY.

Siemens Healthineers AG Unsponsored ADR Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$93.36B48.9112.53%21.62%54.80%
67
Neutral
$111.22B28.299.54%2.76%5.34%13.15%
66
Neutral
$126.88B41.3815.04%0.95%10.95%-18.32%
64
Neutral
$25.80B24.788.21%3.30%-0.76%-55.03%
62
Neutral
$179.16B33.5512.89%1.88%6.37%142.39%
56
Neutral
$46.22B27.9611.65%1.98%6.68%12.49%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SMMNY
Siemens Healthineers AG Unsponsored ADR
20.79
-2.49
-10.69%
ABT
Abbott Laboratories
102.87
-19.69
-16.07%
BSX
Boston Scientific
62.82
-28.72
-31.37%
PHG
Koninklijke Philips
27.11
6.00
28.39%
MDT
Medtronic
86.63
6.04
7.50%
SYK
Stryker
331.54
-10.50
-3.07%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 08, 2026