AI Consensus Investment Thesis
SU: Schneider Electric Stock Price, Analysis & Forecast: 1 Year and 5 Year Targets
Schneider Electric: 1-Year and 5-Year Forecast Outlook and Rating
Schneider Electric (SU) has an immediate Strong Buy & Keep consensus AI recommendation, based on 14 AI analysts.
The 1-year target is €306 for , with +25.26% expected return (+26.73% including net dividends) and a STRONG BUY rating.
The 5-year target is €440 for , with +80.11% expected return (+91.80% including net dividends) and a BUY rating.
Latest available market price: EUR 244, as of 20 Oct 2026.
Dividend calculation details
Calculated net annual dividend yield: 1.29%. As of 2026-10-20.
Gross TTM: 1.72% · Two-year annualized gross: 1.66%.
Tax withholding assumption: 25% (FR). One-off special payments are excluded.
Original published assumption: 1.3% per year.
Return estimates compound the net annual yield at a constant rate over the stated return horizon (the remaining time to the fixed target date for current returns): (1 + price return) × (1 + net annual yield)years − 1.
Targets retain their original publication dates. Returns use the dated market close and the time remaining to each fixed target date. Current ratings also require fresh quotes and analysis, with more than 90 days remaining. Past targets have no forward return. Eligibility checked .
Schneider Electric Flagship Insight
Global Electrification Supercycle Clashes With Valuation Realities Across Compute Networks
High consensus confirms that electrical grid bottlenecks and artificial intelligence datacenter power demands drive durable operational compounding. However, corrected valuation multiples near twenty-eight times forward earnings leave little margin for execution slip-ups against raw material inflation and elevated global discount rates.
How were the Investment Thesis and Forecasts created?
14 AI advisors, guided by 9 analytical frameworks, contribute to the deep analysis by iPulse AI Engine.
Machiavelli (Insider)
Superintelligence (Anthropologist)
Elon Musk (Visionary)
Universal Investor (Polymath)
Sherlock Holmes (Whistleblower)
Michael Burry (Vulture)
Warren Buffett (Value Purist)
Ray Dalio (Strategist)
J.P. Morgan (Titan)
Ran across these frontier AI models
Google Gemini 3.8 Flash
Anthropic Claude Opus 5
OpenAI GPT-6 Astra
Latest published deep-analysis batch. Audit published forecasts in full transparency
Schneider Electric: forecast questions
What is Schneider Electric (SU)'s 1-year price forecast?
Schneider Electric's 1-year target is €306 for Sept 2027. The current AI rating is STRONG BUY. The expected return from the recorded close is +25.26%, or +26.73% modeled return including net dividends. Latest available market price: EUR 244, as of 20 Oct 2026. The target date is fixed; this is not a new rolling forecast.
What is Schneider Electric (SU)'s 5-year price forecast?
Schneider Electric's 5-year target is €440 for Sept 2031. The current AI rating is BUY. The expected return from the recorded close is +80.11%, or +91.80% modeled return including net dividends. Latest available market price: EUR 244, as of 20 Oct 2026. The target date is fixed; this is not a new rolling forecast.
What is the return basis?
Latest available market price: EUR 244, as of 20 Oct 2026. These are model projections, not guaranteed future prices.
How can I compare the AI opinions and audit past Schneider Electric forecasts?
14 AI analysts contribute to this publication. AI Opinions shows individual advisor forecasts and reasoning. Forecast History preserves earlier published batches; their figures describe their original publication, not today's outlook.
How does an AI-generated forecast for Schneider Electric differ from Wall Street analyst consensus?
Wall Street consensus aggregates estimates from human analysts. For listed companies, these typically include brokerage price targets, earnings forecasts and ratings. iPulse AI's forecast for Schneider Electric is a separate AI consensus generated through its own research workflow. Different inputs, forecast dates, assumptions and weighting can therefore produce different targets.
We believe the era of investment research conducted only by human analysts is drawing to a close. Frontier models increasingly match or exceed expert work on selected professional benchmarks, including evaluations covering financial analysis. Research on multi-model synthesis also shows that combining model responses can improve on a single model's output in the tasks studied.
iPulse AI generates transparent investment research and market forecasts using a swarm of AI configurations, analytical frameworks and frontier models. The workflow applies multiple verification, challenge and synthesis layers, with selective editorial review under Russlan Ramdowar, Editor-in-Chief. Published assumptions, disagreements and past forecasts remain available so readers can inspect the reasoning and audit outcomes.
For a research cycle covering 426 assets with 14 perspectives per asset, our internal workload model estimates approximately 114,000 hours of traditional analyst work. It assumes 16 hours per individual research report, 28 hours per consensus for synthesis and validation, plus shared data preparation. Parallel AI execution allows a deep-analysis cycle across hundreds of assets to complete in up to one day. The human-hours figure is an illustrative workload estimate, rather than measured time savings. Our research methodology explains the automated workflow.
Schneider Electric: Investment Thesis Summary
Dotted terms link to the glossary; hover or focus for a preview. Browse technical terms
If you invest €10,000 in Schneider Electric at the latest market close (20 Oct 2026): €19,180 by Sept 2031.
Returns use the same dated market close, fixed targets and remaining dividend period as the forecast table.
Benchmark comparison requires matching dated price and currency inputs.
* Return is calculated incl. 1.3% net dividend yield for Schneider Electric.
Schneider Electric occupies an indispensable tollbooth across the global electrification and compute expansion supercycle. Secular demand for medium-voltage switchgear, transformer architecture, and Motivair liquid cooling provides multi-year revenue visibility that insulates the core Energy Management division from cyclical stagnation in European discrete automation and residential building construction. Nevertheless, sophisticated investors must separate operational excellence from entry valuation. Forensic auditing reveals that vendor data feeds double-counted semi-annual reporting periods, masking an actual forward multiple near 28x earnings rather than an apparent 18x bargain. With benchmark ten-year sovereign yields hovering near 5%, long-duration capital goods face continuous multiple compression toward the low twenties. Consequently, five-year equity returns will track organic earnings growth minus multiple de-rating.
Key insights
- Corrected multiples demand that revenue compounding inside the 7-10% Capital Markets Day corridor carries the entire investment burden against persistent multiple contraction.
- High-margin AVEVA and EcoStruxure recurring software subscriptions act as an essential margin stabilizer, counterbalancing cyclical copper spikes and localized supply chain frictions.
- The primary thesis fragility centers on hyperscaler capital expenditure digestion, where delivery pushouts would compress forward multiples before appearing in reported backlogs.
Schneider Electric: 5 Year Consensus Forecast
20 quarterly price targets, returns and rationale, with advisor range and benchmark
Forward returns are updated using the latest market close price of EUR 244, as of 20 Oct 2026.
Dividend calculation details
Calculated net annual dividend yield: 1.29%. As of 2026-10-20.
Gross TTM: 1.72% · Two-year annualized gross: 1.66%.
Tax withholding assumption: 25% (FR). One-off special payments are excluded.
Original published assumption: 1.3% per year.
Return estimates compound the net annual yield at a constant rate over the stated return horizon (the remaining time to the fixed target date for current returns): (1 + price return) × (1 + net annual yield)years − 1.
The consensus target follows an expert-weighted price path synthesized from 14 AI advisor opinions. See Opinion weights and rationale for the exact allocation and reasoning.
Forecast methodology and reference values
Published targets are anchored on 18 Sept 2026 at EUR 286. Original quarter-to-quarter target changes are retained. Forward returns use the remaining time to each fixed target date.
The pessimistic and optimistic advisor base cases are the lowest and highest published advisor base-case targets for each quarter. The advisor at either extreme can change between quarters. Benchmark values are in USD; FX values are exchange rates.
Scroll the table horizontally to read every column.
| Quarter | Evidence-Weighted Consensus Price Path | Individual Advisor Range & Reference Forecasts | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Consensus target (EUR) | Forecast quarter-to-quarter price change | Forward price return | Forward return incl. net dividends | Forecast rationale | Pessimistic Advisor Base Case (EUR) | Optimistic Advisor Base Case (EUR) | S&P 500 benchmark (USD) | FX (EUR/USD) | |
| €290 | +1.60% | +18.71% | +18.95% | Robust third-quarter order intake in Energy Management confirms strong datacenter backlog conversion, partially offset by European macroeconomic softness. Continued deliveries in critical switchgear and initial share repurchases support a measured 2.6% price advance. | €271 | €297 | $750 | 1.14 | |
| €300 | +3.18% | +22.80% | +23.44% | Full-year 2026 financial reporting delivers double-digit organic revenue expansion and adjusted operating margins near 18.5%. Management provides buoyant forward guidance for power equipment, sparking disciplined institutional accumulation that propels shares up 3.4%. | €266 | €315 | $736 | 1.13 | |
| €302 | +0.95% | +23.62% | +24.67% | Surging demand for modular liquid cooling skids and medium-voltage substations drives solid top-line performance. However, elevated benchmark bond yields and dividend adjustments temper broader multiple expansion, yielding a modest 2.1% quarterly gain. | €253 | €331 | $743 | 1.13 | |
| €306 | +1.34% | +25.26% | +26.73% | Elevated raw material costs in copper and specialized alloys squeeze entry-level hardware margins before contractual indexation catches up. Seasonal industrial maintenance pauses in Europe induce mild valuation consolidation, resulting in a 0.2% change. | €245 | €328 | $755 | 1.13 | |
| €315 | +2.92% | +28.94% | +30.87% | Accelerating utility grid modernization contract awards across North America and India restore momentum. High-margin digital services and clean SF6-free switchgear shipments expand operational backlog, driving a robust 3.2% year-end equity recovery. | €240 | €341 | $776 | 1.14 | |
| €323 | +2.51% | +32.21% | +34.62% | Fiscal 2027 results highlight record operating cash flow approaching six billion euros, validating structural pricing power. Management announces progressive dividend growth and expanded buybacks, sustaining confident institutional demand and a 2.7% price advance. | €243 | €364 | $787 | 1.15 | |
| €327 | +1.04% | +33.85% | +36.73% | A mild digestive lull in hyperscaler procurement schedules coincides with persistent European commercial real estate weakness. Resilient software subscriptions and backlog conversion cushion operating earnings, limiting price movement to a slight 0.5% gain. | €250 | €379 | $803 | 1.15 | |
| €335 | +2.47% | +37.13% | +40.53% | Replacement demand across aging transmission grids and decentralized microgrid deployments re-accelerates deliveries. Pricing discipline successfully protects gross margins against lingering base metal inflation, generating a dependable 2.1% quarterly equity advance. | €255 | €390 | $812 | 1.16 | |
| €345 | +2.98% | +41.22% | +45.19% | Next-generation compute cluster deployments trigger comprehensive power retrofits, expanding high-density cooling bookings. Operating leverage and positive working capital release at year-end drive solid fourth-quarter execution, lifting the share price by 3.1%. | €263 | €391 | $839 | 1.16 | |
| €356 | +3.17% | +45.72% | +50.29% | Full-year 2028 financial statements demonstrate operating margins crossing 18.8%, proving durable operational productivity. Increased recurring software mix across industrial assets reassures long-term allocators, supporting steady earnings compounding and a 2.8% quarterly gain. | €268 | €409 | $851 | 1.17 | |
| €364 | +2.30% | +49.00% | +54.16% | Industrial automation demand demonstrates cyclical stabilization across Asian and German manufacturing hubs. Steady execution across multi-hub production plants mitigates localized tariff friction, preserving operating profitability and delivering a solid 2.1% share advance. | €279 | €426 | $872 | 1.17 | |
| €368 | +1.20% | +50.63% | +56.36% | Renewed transatlantic trade tensions and elevated freight compliance costs introduce temporary supply chain friction. Robust software annual recurring revenue cushions gross profitability, though multiple compression leads to a flat 0.1% quarterly consolidation. | €284 | €439 | $886 | 1.18 | |
| €379 | +2.93% | +55.14% | +61.55% | Accelerated European grid interconnection mandates translate into large turnkey utility contracts. High-capacity switchgear deliveries and strong project closeouts expand trailing free cash flow, propelling the stock upward by 2.9% into year-end. | €293 | €456 | $910 | 1.18 | |
| €390 | +2.90% | +59.64% | +66.77% | Audited 2029 results confirm high-margin software and recurring digital services approach targeted thresholds of total turnover. Continued share-count reduction compounds per-share intrinsic value, driving disciplined institutional re-rating and a 2.7% equity rise. | €299 | €479 | $916 | 1.18 | |
| €397 | +1.68% | +62.51% | +70.31% | Mass commercialization of modular liquid-to-air cooling architectures captures dominant market share across multi-gigawatt facilities. High software attach rates and expanding margins lift quarterly performance, securing a steady 2.4% price increase. | €308 | €498 | $937 | 1.19 | |
| €403 | +1.73% | +64.96% | +73.44% | Maturing infrastructure cycles and elevated corporate discount rates prompt institutional multiple consolidation. Schneider's non-discretionary utility maintenance base defends cash generation against cyclical macro softening, holding quarterly returns to a modest 0.4%. | €314 | €495 | $947 | 1.19 | |
| €414 | +2.63% | +69.46% | +78.74% | Government-mandated transmission hardening and renewable integration deadlines spark substantial year-end equipment orders. Operational efficiencies across automated regional manufacturing hubs ensure high cash conversion, driving a dependable 2.6% price rally. | €320 | €515 | $970 | 1.19 | |
| €423 | +2.24% | +73.15% | +83.21% | Fiscal 2030 financial reporting highlights cumulative margin expansion and record annual free cash flow exceeding seven billion euros. Management presents its next-decade operational blueprint, encouraging persistent sovereign wealth fund accumulation and a 2.3% gain. | €323 | €533 | $980 | 1.19 | |
| €431 | +1.84% | +76.42% | +87.28% | Predictable utility replacement cycles and steady smart-building retrofits offset decelerating incremental compute buildouts. The annual dividend payout provides dependable total return ballast, supporting an orderly 1.6% quarterly share price advance. | €333 | €552 | $1,000 | 1.20 | |
| €440 | +2.05% | +80.11% | +91.80% | Schneider concludes the five-year horizon as the undisputed benchmark for global electrification architecture. Enduring software recurring revenues and terminal cash flow stability secure a crowning 2.2% terminal advance across international equity markets. | €339 | €571 | $1,012 | 1.20 | |
Show remaining 18 quartersShow first 2 quarters only
All 20 quarters are displayed in the table above.
Schneider Electric Stock Analysis & Scenarios Deep Dive
Schneider Electric: Alpha Gap & Repricing Catalysts
Market Narrative
What does the market currently expect? The prevailing consensus views the company as an immaculate picks-and-shovels proxy on artificial intelligence and grid decarbonization. Outside analysts treat double-digit data center growth as an uninterrupted annuity, anchoring multiples on erroneous third-party screeners displaying an 18x P/E ratio. The crowd assumes relentless hyperscale investment will effortlessly overpower European industrial stagnation and soaring copper prices.
Alpha Gap
What is the biggest difference between market expectations and our AI forecasts? The reports establish that the crowd overestimates near-term valuation upside due to bad data plumbing. Double-counting semi-annual statements makes the shares appear cheap, when they actually trade at roughly 28x forward earnings. The analytical edge lies in recognizing that while operational moat durability and software recurring revenues are deeply underappreciated, long-duration multiple compression under high interest rates will offset a portion of outstanding operational earnings growth.
Repricing Catalyst
What could make the market recognize and close that gap? Upcoming full-year earnings releases and backlog disclosures throughout 2027 will act as the decisive valuation arbiter. Demonstrating sustained double-digit organic growth in Energy Management alongside widening operating margins despite copper inflation will force consensus models to re-anchor. Observable proof will appear when software annual recurring revenue outpaces hardware deliveries, decoupling the stock from cyclical machinery peers.
Schneider Electric: Sentiment and Timing
What do sentiment, volatility, and the market-recognition cycle suggest about the thesis timing?
- Greed and Fear Sentiment
- Greed
- Volatility Regime
- Moderate
- Convergence Cycle Position
- Momentum
Sentiment indicators agree that structural infrastructure demand maintains strong operational momentum. Disagreement centers on cycle positioning: while growth models perceive early-stage discovery, valuation-focused frameworks identify an equity multiple overshoot vulnerable to interest-rate-driven consolidation.
Macro Regime Fit
Does the current market environment support the thesis? The macroeconomic regime presents a mixed setup. Restrictive central bank rates and sticky inflation create real headwinds for debt-financed commercial real estate and discretionary factory automation. However, critical power shortages and sovereign grid decarbonization mandates represent non-discretionary capital allocations, allowing the core electrical infrastructure business to comfortably outrun broad macro deceleration.
Advisor Disagreement
What do our AI Advisors disagree about most? The decisive analytical debate centers on entry valuation and multiple sustainability rather than equipment demand. Bullish reports argue that monopolistic power infrastructure positioning justifies multiple expansion toward 24x to 26x earnings, treating datacenter demand as an impervious growth engine. Conversely, skeptical reports prove that screening multiples were distorted by double-counted financial statements, establishing that shares already trade near 28x true forward earnings. This camp argues that elevated sovereign bond yields will inevitably contract multiples toward historical averages. Resolving this tension requires tracking whether book-to-bill ratios sustain above 1.0x while margin expansion reaches cash generation.
Schneider Electric: Critical Influencing Factors
Near-certain positive forcesTop Drivers & Tailwinds
Near-certain forces that support the investment thesis. These forces are treated as part of the base case (more than 60% probability of occurrence). Impact columns are specific to this asset class.
Scroll to view all columns
| Driver / Tailwind | Category | Est. stock-price impact | Est. earnings impact | Why it matters |
|---|---|---|---|---|
| Hyperscale compute power infrastructure supercycle | Sector And Industry | +27% | +33% | Artificial intelligence compute clusters demand unprecedented power density, making electrical distribution the primary physical bottleneck to expansion. High-density server racks require integrated medium-voltage switchgear, busways, and Motivair liquid cooling architectures. Schneider's end-to-end electrical dominance expands order backlogs at premium operating margins, driving long-term earnings compounding across global hyperscale hubs. |
| Global electrical transmission grid modernization | Regulatory | +20% | +23% | Aging utility networks, renewable energy intermittency, and electric vehicle adoption force multi-decade grid transmission overhauls across North America and Europe. Statutory decarbonization mandates enforce the adoption of SF6-free switchgear and digital grid management. These regulated infrastructure investments provide non-cyclical, high-visibility revenues that insulate consolidated cash flows from broad macroeconomic fluctuations. |
| High-margin industrial software suite integration | Innovation And Product | +15% | +18% | Full integration of AVEVA, ETAP, and industrial data architectures shifts hardware sales toward high-margin recurring subscriptions. Embedding proprietary digital twins and EcoStruxure telemetry into industrial client workflows builds high switching costs. This software flywheel lifts structural gross margins above 41% and stabilizes group earnings against cyclical manufacturing equipment downturns. |
| Multi-hub operational execution and pricing power | Operational Efficiency | +13% | +15% | A decentralized manufacturing model across North America, Europe, China, and India minimizes cross-border logistics friction and circumvents bilateral tariff barriers. Extended equipment delivery backlogs and proprietary component integration allow management to pass through input cost inflation via dynamic contract indexation, protecting corporate gross profitability and sustaining record free cash flow. |
Near-certain negative forcesTop Frictions & Headwinds
Near-certain forces that could slow, cap, or damage the thesis. These forces are treated as part of the base case (more than 60% probability of occurrence). Impact columns are specific to this asset class.
Scroll to view all columns
| Friction / Headwind | Category | Est. stock-price impact | Est. earnings impact | Why it matters |
|---|---|---|---|---|
| Long-duration valuation compression under restrictive yields | Macroeconomic And Macrofinancial | -15% | -4.0% | Benchmark ten-year sovereign yields anchored near 5% and central bank policy rates above 3.5% impose severe valuation compression on long-duration equities. Because shares trade near 28x actual forward earnings rather than screening bargains, higher equity discount rates restrict multiple expansion and require earnings growth to carry total shareholder returns. |
| Critical conductive metal raw material inflation | Macroeconomic And Macrofinancial | -11% | -12% | Structural mine deficits and geopolitical disruptions keep refined copper and silver prices elevated, directly pressuring production costs for transformers and heavy switchboards. Although contractual escalator clauses eventually pass costs to customers, execution lags across multi-year infrastructure backlogs create recurring gross margin friction during acute commodity price spikes. |
| Stagnant European commercial building construction | Sector And Industry | -9.0% | -10% | Elevated borrowing costs and deindustrialization pressures suppress non-residential construction and residential building permits across Western Europe. Depressed installation volume drags down sales of standard low-voltage circuit breakers and wiring devices, acting as a persistent cyclical ballast that partially offsets blistering top-line acceleration achieved across datacenter segments. |
| Trade protectionism and supply localization overhead | Regulatory | -8.0% | -9.0% | Proliferating Section 301 tariffs, localized content mandates, and strategic mineral export controls inject administrative friction into global manufacturing. Duplicating regional production capabilities and qualifying redundant component suppliers elevate structural capital intensity and operational overhead, moderately reducing supply chain velocity and consolidated asset turnover. |
Schneider Electric: What Could Break or Accelerate the Thesis
Event Risk Score: Low 25/100Asset-level relative pressure from clustered consensus frictions and tail risks. This is not the probability or risk score of an individual force.Plausible downside scenariosTail Risks
Tail yet plausible downside scenarios selected for their highest potential impact.
Scroll to view all columns
| Tail scenario | Chance of Occurring | Stock Price Impact | Why plausible / what changes |
|---|---|---|---|
| Hyperscaler artificial intelligence capex digestion cycle | 28% | -28% | Disillusionment with enterprise generative artificial intelligence returns could compel major cloud providers to freeze or cancel uncommitted data center projects. Abrupt delivery postponements would leave specialized cooling and switchgear capacity underutilized, compressing group operating margins toward 14% and precipitating severe equity multiple de-rating across industrial electrification leaders. |
| Weaponized critical mineral and component export embargo | 21% | -24% | Escalating geopolitical conflict could trigger comprehensive export bans on refined copper alloys, specialized electrical steels, or rare-earth transformer magnets from dominant Asian processing nations. Production lines would face extended idling and severe contract delivery penalties, wiping out over 20% of annual operating profits and punishing the stock. |
Plausible upside scenariosTail Opportunities
Tail yet plausible upside scenarios selected for their highest potential impact.
Scroll to view all columns
| Tail scenario | Chance of Occurring | Stock Price Impact | Why plausible / what changes |
|---|---|---|---|
| Universal sovereign grid recapitalization emergency mandate | 33% | +25% | Western governments could enact emergency national-security legislation fast-tracking baseload grid interconnections and providing non-dilutive capital subsidies for digital substations. This regulatory breakthrough would unleash hundreds of billions in expedited utility spending, supercharging Schneider's medium-voltage order book and accelerating organic revenue growth far above baseline expectations. |
| Standardized direct-current AI microgrid architecture adoption | 29% | +23% | Leading cloud titans could universally mandate proprietary 800-volt direct-current architectures and closed-loop liquid cooling for next-generation compute clusters. Capturing exclusive vendor certification would dramatically expand dollar content per megawatt installed, expanding operating margins beyond 21% and triggering substantial institutional multiple expansion toward pure technology infrastructure valuations. |
Company Financial AnalysisSchneider Electric: Earnings and Financials Analysis by AI
Financial figures available as of Sep 20, 2026. Only filings and source records available by this analysis date are included. View latest Schneider Electric financials here.
Earnings and financials
Schneider Electric's operating engine demonstrates powerful financial health, with full-year 2025 revenue reaching 40.2 billion euros and first-half 2026 sales advancing to 21.2 billion euros. Net income for the first half of 2026 jumped 30.1% to 2.49 billion euros, driven by voracious global demand for data center power equipment that easily overpowered sluggish European factory activity. Free cash flow generation topped 5.0 billion euros in 2025, proving that reported profit gains convert cleanly into distributable cash. However, everyday investors must be careful with headline financial screens. Third-party data providers mistakenly counted semi-annual statements as quarterly results, making sales and profits look artificially inflated and the stock appear cheaper than it is. In reality, the company is compounding earnings at a healthy mid-teens pace, but high investor expectations leave little room for operational missteps.
Revenue, earnings, and cash flow
The table compares up to five fiscal years of revenue, net income, and free cash flow available to this analysis.
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | EUR 40.2B | EUR 4.2B | EUR 5.1B |
| 2024 | EUR 38.2B | EUR 4.3B | EUR 4.6B |
| 2023 | EUR 35.9B | EUR 4B | EUR 4.5B |
| 2022 | EUR 34.2B | EUR 3.5B | EUR 3.3B |
| 2021 | EUR 28.9B | EUR 3.2B | EUR 2.7B |
Valuation context: historical P/E
The table compares up to five fiscal years of point-in-time valuation evidence available to this analysis.
| Fiscal year | P/E | Earnings basis | Currency basis | Ticker / reporting |
|---|---|---|---|---|
| 2025 | 15.9x | TTM | Native | EUR / EUR |
| 2024 | 16.6x | TTM | Native | EUR / EUR |
| 2023 | 14.8x | TTM | Native | EUR / EUR |
| 2022 | 21.3x | Annual | Native | EUR / EUR |
| 2021 | 30.7x | Annual | Native | EUR / EUR |
P/E uses historical market capitalization and earnings known at each period. Cross-currency observations are normalized to USD using point-in-time FX rates.
Profitability and margins
Profitability margins have enjoyed a decade-long climb, with operating margins expanding from 12.5% a decade ago to 17.5% in 2025 and crossing 19.0% in the first half of 2026. This widening profitability reflects genuine pricing power and a structural shift toward complex, customized power systems and high-margin industrial software, rather than a short-lived pandemic windfall. Contractual escalator clauses allow Schneider to raise equipment prices to offset expensive copper, silver, and component costs. As high-margin recurring software subscriptions and specialized field services represent an increasing slice of overall revenue, corporate profit margins are becoming much more resilient against standard manufacturing downturns.
The table compares up to five fiscal years of operating income and reported profitability margins.
| Fiscal year | Operating income | Operating margin | Net margin |
|---|---|---|---|
| 2025 | EUR 7B | 17.5% | 10.4% |
| 2024 | EUR 6.6B | 17.2% | 11.2% |
| 2023 | EUR 6B | 16.6% | 11.1% |
| 2022 | EUR 5.5B | 16.2% | 10.2% |
| 2021 | EUR 4.6B | 15.8% | 11.1% |
Balance sheet and leverage
Schneider's balance sheet maintains solid investment-grade fortitude, ending 2025 with 62.5 billion euros in total assets against 24.2 billion euros in equity. Net debt stood at roughly 13.7 billion euros at the end of 2025, leaving net debt to operating earnings at a manageable 1.6 times. Strong annual cash generation and an interest coverage ratio exceeding 11 times ensure that current borrowing costs pose no threat to ongoing operations. Nevertheless, headline debt levels climbed in 2026 to fund strategic acquisitions in India and software platforms alongside generous shareholder dividends. While the company's financial health easily protects it against credit freezes, management has less balance sheet leeway to pursue multi-billion-euro megadeals without temporarily pausing share repurchases or raising external funds.
The table compares up to five fiscal years of debt, liquidity, net cash or debt, and current-ratio evidence.
| Fiscal year | Total debt | Cash + short-term investments | Reported net cash / (debt) | Debt less (cash + short-term investments), calculated | Current ratio |
|---|---|---|---|---|---|
| 2025 | EUR 19.3B | EUR 4.6B | EUR 14.7B net debt | EUR 14.7B | 1.19x |
| 2024 | EUR 16.3B | EUR 6.9B | EUR 9.4B net debt | EUR 9.4B | 1.23x |
| 2023 | EUR 13.9B | EUR 4.7B | EUR 9.2B net debt | EUR 9.2B | 1.22x |
| 2022 | EUR 11.7B | EUR 4B | EUR 7.7B net debt | EUR 7.7B | 0.87x |
| 2021 | EUR 11.1B | EUR 2.6B | EUR 8.2B net debt | EUR 8.5B | 1.08x |
Reported net debt retains the source definition, which can deduct cash alone. Cash plus short-term investments is broader liquidity; the separately calculated column subtracts that full amount from total debt for the same fiscal period and currency. Reported net debt below zero is displayed as net cash. Current ratio is current assets divided by current liabilities.
Capex and investment intensity
Management follows a disciplined, asset-light manufacturing philosophy, spending just 2.7% of annual revenues on physical property and factories in 2025. Rather than pouring capital into commoditized heavy assembly plants, Schneider invests over 2.0 billion euros annually in research and software design. Strategic growth is accelerated through targeted software acquisitions like Cognite and specialized liquid cooling businesses like Motivair, avoiding unnecessary factory bloat. This restrained spending strategy protects cash conversion, liberating billions in free cash flow to reward shareholders through dividends and share buybacks. However, acquiring advanced technology companies requires substantial upfront cash and elevates debt. Investors must recognize that growth is partly bought through strategic deals rather than built entirely through internal factory expansions.
The table compares up to five fiscal years of capital expenditure and research-and-development investment.
| Fiscal year | Capital expenditure | R&D spend |
|---|---|---|
| 2025 | EUR 1.1B | EUR 2.1B |
| 2024 | EUR 950M | EUR 1.9B |
| 2023 | EUR 1.4B | EUR 1.7B |
| 2022 | EUR 1.1B | EUR 1.5B |
| 2021 | EUR 876M | EUR 1.3B |
Behind the synthesisSchneider Electric: How Each Individual AI Forecaster Opinion Shapes the Global Consensus
This publication’s recorded synthesis allocated voting influence across 14 advisor opinions. The weights and rationales below are retained from that synthesis.
The common pattern across reports is strong independent agreement on the structural electrification thesis: non-discretionary datacenter power infrastructure and utility grid modernization drive high-single-digit organic compounding. However, an essential factual divergence emerged regarding entry valuation. Several reports uncritically accepted a data-vendor feed that double-counted semi-annual reports, claiming an artificially cheap 18x multiple. Forensic research resolved this discrepancy, confirming that trailing twelve-month revenue stands near 42 billion euros and shares actually trade near 28x forward earnings. Consequently, opinions correcting this multiple and modeling realistic valuation contraction were heavily upweighted. The credible contrarian case warns of hyperscaler capital expenditure digestion, copper inflation, and long-duration multiple compression under high sovereign bond yields. Conversely, overly theatrical projections assuming frictionless re-rating to 30x earnings were downweighted. The resulting synthesis balances multi-year backlog delivery against unavoidable multiple compression.
All 14 opinions
Universal Investor AI
The Polymath
Anthropic Claude Opus 5 · 2026-07-24 releaseWeight: 13.9%
This report provides superior analytical precision by detecting that third-party data feeds double-counted semi-annual reporting statements. Correcting the multiple from 18x to roughly 28x forward earnings resolves key valuation contradictions, justifying our highest weighting for its causal rigor and objective reconciliation of growth against elevated yields.
Universal Investor AI
The Polymath
OpenAI GPT-6 Astra · 2026-09-03 releaseWeight: 13.0%
This report provides excellent forensic scrutiny, confirming the data feed's semi-annual aggregation error and reconstructing trailing twelve-month revenue at 42.0 billion euros. Its disciplined scenario models steady operational compounding alongside realistic multiple contraction, anchoring our long-term trajectory.
Superintelligence AI
The Anthropologist
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 8.7%
The evaluation offers an exceptional thermodynamic and systemic analysis of power distribution constraints facing compute clusters. It provides substantiated evidence on liquid cooling and grid-to-chip architecture while carefully balancing raw material cost pressures, making it an essential contributor to our baseline projection.
Michael Burry AI
The Vulture
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 7.8%
Supplying the most credible contrarian critique, this report correctly identifies that the equity trades near 28x true adjusted earnings and models the severe risks of hyperscaler capital expenditure digestion alongside copper cost inflation. It receives meaningful weight to counter unhedged growth assumptions.
Sherlock Holmes AI
The Whistleblower
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 7.0%
The thesis provides a well-reasoned operational perspective, highlighting the structural transition toward recurring software subscriptions and field services. While its recognition of European commercial construction weakness is sound, it somewhat understates how prolonged elevated interest rates could compress long-duration valuation multiples.
Ray Dalio AI
The Strategist
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 7.0%
Offering a balanced macroeconomic debt-cycle framework, this submission effectively maps how energy security mandates and non-discretionary grid investments overcome high interest rates. It models through-cycle returns reliably, though its exit multiple remains slightly elevated.
Niccolo Machiavelli AI
The Insider
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 6.1%
The analysis captures corporate governance discipline under executive leadership and institutional regulatory capture via European building energy directives. Its political insight is valuable, although its valuation sensitivity to monetary discount rates is somewhat understated across the later quarterly horizons.
Superintelligence AI
The Anthropologist
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 6.1%
Focusing on physical power delivery and switchgear lead times exceeding 100 weeks, this perspective offers strong mechanistic insights into grid bottlenecks. It appropriately highlights European industrial deindustrialization, though its financial multiple framework lacks the analytical adjustment seen in top-rated reports.
Universal Investor AI
The Polymath
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 6.1%
A measured compounding scenario evaluating software mix expansion and multi-hub operational agility. The report accurately identifies long-cycle utility modernization stability while acknowledging copper inflation frictions, presenting a realistic middle-ground path for operating margins and cash conversion.
J.P. Morgan AI
The Titan
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 5.2%
This report correctly identifies the critical physical bottlenecks in hyperscale artificial intelligence architectures. However, it relies on unadjusted low valuation multiples caused by data aggregation errors and assumes frictionless margin compounding, warranting a modest weighting due to overly optimistic execution and multiple expansion assumptions.
Universal Investor AI
The Polymath
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 5.2%
The report presents balanced modeling across medium-voltage electrification and multi-hub manufacturing resilience. However, it repeats the unadjusted 18.3x earnings multiple, which dampens its relative weighting despite solid operational arguments regarding grid decarbonization and pricing pass-through capabilities.
Elon Musk AI
The Visionary
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 5.2%
The analysis correctly emphasizes direct-current microgrid architectures and physical power constraints on artificial intelligence compute clusters. While conceptually innovative regarding technological disruption, its trajectory assumes rapid multiple expansion that contradicts the restrictive discount rate regime.
Warren Buffett AI
The Value Seeker
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 4.3%
While properly analyzing long-term competitive moats and switching costs in mission-critical electrical rooms, the report uncritically accepts the flawed 18.3x trailing earnings multiple and 6.2% cash yield. Its resultant valuation margin of safety is materially overstated, limiting its overall allocation.
Warren Buffett AI
The Value Seeker
Google Gemini 3.8 Flash · 2026-09-02 releaseWeight: 4.3%
The analysis provides a classic owner-earnings assessment highlighting capital-light cash generation and high-return reinvestment. Nevertheless, it inherits the data vendor multiple error, underestimating baseline multiple contraction risk and requiring a lower allocation to preserve balanced valuation hygiene.
References & Context
Research Provenance
Analysis generated by iPulse AI Engine v7 using recorded market data, operating under the editorial standards and supervision of Russlan Ramdowar, Editor-in-Chief.
External references below are sources recorded by the researcher agents for this Schneider Electric forecast batch.
Primary analysis inputs
- iPulse AI Multi-Agent Forecasts — independent analyst personas, model outputs, and consensus synthesis.
- iPulse AI Global Events Context — macroeconomic, geopolitical, regulatory, and industry-event context.
- Structured market history — prices, distributions, volatility, identifiers, and listing metadata.
- Company earnings and financial statements — revenue, profitability, balance-sheet, cash-flow, and investment trends.
- Researcher web evidence — public sources consulted to challenge and contextualize the forecast thesis.
Independent AI Advisor panel
- AI Advisors
- 14
- AI Researchers
- 11
- AI Thinkers
- 3
Sources retained from AI Researcher searches
Asset-specific · Researcher web26 available sources from this batch (51 recorded). The first 15 are shown below; expand to read the rest.
- Schneider Electric Plans €3.5 Billion Buyback in 2030 Strategy - Bloomberg bloomberg.com
- Half Year 2026 Results Record H1 driven by strong ... se.com
- Schneider Electric stock falls sharply amid AI infrastructure selloff ad-hoc-news.de
- Schneider Electric stock heads into the open after a 6.4 percent drop ad-hoc-news.de
- Schneider Electric stock heads into the open after a 6.4% drop ad-hoc-news.de
- Schneider Electric stock heads into the open after a 6.5% slide ad-hoc-news.de
- SCHNEIDER ELECTRIC Cours Action SU, Cotation Bourse Euronext Paris - Boursorama boursorama.com
- Schneider Electric SE (SBGSF) (H1 2026) Earnings Call Highlights: Record Revenue and Raised ... finance.yahoo.com
- Schneider Electric hosts a Capital Markets Day for ... finanzwire.com
- Earnings call transcript: Schneider Electric lifts 2026 outlook after strong H1 By Investing.com investing.com
- Schneider Electric H1 2026 slides: record results drive guidance upgrade By Investing.com investing.com
- Schneider Electric Q1 2026 slides: 11% organic growth, AI strategy advances By Investing.com investing.com
- Schneider Electric : Full-Year Results Release | MarketScreener marketscreener.com
- schneider electric launches share buyback program up to eur3 5 billion targets improved ebitda marg ce7d50dad080f326 marketscreener.com
- Schneider Electric (SU) Q2 2026 Summary | Quartr quartr.com
Show 11 more sources
- Schneider Electric announces agreement to acquire Cognite, unlocking a new level of strategic intelligence for Industrial AI resources.cognite.com
- 2025 Full Year Financial results se.com
- 2025 Full Year Results Presentation se.com
- Executive Committee | Schneider Electric se.com
- Financial Information www.se.com Page | 1 +ace se.com
- Financial-release-2025-capital-markets-day se.com
- Impact-Company-Logo-English Black-01-177x54 se.com
- Quarterly financial results | Schneider Electric se.com
- Quarterly financial results | Schneider Electric se.com
- Schneider Electric Q1 2026 Revenues se.com
- Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI WorkloadsSchneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads | Schneider Electric United States se.com
25 additional sources are recorded in this batch; their citation details are not available in this publication.
Context retained with this Consensus
The same public-safe market, global-event, and fundamental context supplied to the AI Advisor panel.
Global context snapshot
2025 Full-Year Global Market and World-Events Context
Download Archived SnapshotCoverage 2025-01-01 to 2025-12-31 · Knowledge cutoff 2025-12-31
This full-year context package covers the principal geopolitical, economic, monetary-policy, technology, trade, energy, and institutional developments that shaped global markets during 2025. It gives the forecasting model a chronological account of major world events together with their likely transmission into growth, inflation, interest rates, supply chains, commodities, currencies, public markets, and sector-level investment conditions.
Archived context covering 2025-01-01 to 2025-12-31. Its recorded scope includes technology and capital cycle; trade and industrial policy; monetary policy. Selected highlights reflect the analysis cutoff, not current world conditions.
Show moreShow less
- File size
- 90.8K bytes
- Words
- 13.3K words
- Characters
- 90.8K characters
- Est. tokens (characters ÷ 4)
- 22.7K tokens
The package also includes monthly and quarterly macroeconomic and cross-asset reference tables spanning US and international growth, central-bank policy, sovereign yields, major equity indices, foreign exchange, energy, industrial and precious metals, and digital assets. Quarterly and full-year high-impact summaries are integrated; monthly quantitative series remain working values pending final audit, and that qualification is part of the preserved context.
| Selected highlights from this archived snapshot | Date | Status |
|---|---|---|
| DeepSeek shock and AI economics reset | 2025-01-27 | OPEN ENDED TREND |
| US tariff regime escalation and trade-system rupture | 2025-02-01 | ACTIVE POLICY REGIME |
| Federal Reserve easing cycle after a prolonged hold | 2025-09-17 | ACTIVE POLICY REGIME |
Representative Sources of the Context File
And more sources from the retained context package.
2026 Year-to-Date Global Market and World-Events Context Through September 20
Download Archived SnapshotCoverage 2026-01-01 to 2026-09-20 · Knowledge cutoff 2026-09-20
January 1-September 20, 2026: monetary tightening, energy security, trade restrictions, AI financing and divergent growth; five leading market themes.
Archived context covering 2026-01-01 to 2026-09-20. Its recorded scope includes monetary policy and rates; geopolitics energy and shipping; trade and industrial policy. Selected highlights reflect the analysis cutoff, not current world conditions.
Show moreShow less
- File size
- 84.8K bytes
- Words
- 12.4K words
- Characters
- 84.8K characters
- Est. tokens (characters ÷ 4)
- 21.2K tokens
Fed raised rates to 3.75%-4.00%; ECB hike is in force and BOJ increase starts September 24. Markets through September 18, bitcoin through September 19.
| Selected highlights from this archived snapshot | Date | Status |
|---|---|---|
| Renewed monetary tightening amid persistent inflation | 2026-01-30 | ACTIVE POLICY REGIME |
| Iran/Hormuz conflict and wider energy-security disruption | 2026-02-28 | ONGOING |
| Tariff legal reset and strategic supply restrictions | 2026-02-20 | ACTIVE POLICY REGIME |
Representative Sources of the Context File
And more sources from the retained context package.
Fundamental Context Passed as Input to the Models
Time range: Annual fiscal periods: 2014-12-31–2025-12-31, 12 periods; Quarterly fiscal periods: 2023-12-31–2026-06-30, 6 periods.
Currencies cited: EUR, USD (quote EUR; primary reporting EUR; converted/valuation USD).
Show moreShow less
Income statement
9 fieldsdepreciationAndAmortization · ebit · ebitda · grossProfit · +5 more fields
Balance sheet
12 fieldscash · commonStockSharesOutstanding · longTermDebt · netDebt · +8 more fields
Cash flow
5 fieldscapitalExpenditures · dividendsPaid · freeCashFlow · salePurchaseOfStock · +1 more field
End of the paywalled preview
The excerpt from Deep Dive: detailed analysis to this notice is the simplified paywalled content included on this page. A signed-in, verified account with the required subscription provides the full interactive interface and the additional research, datasets and tools listed below.
Those additional materials are not included in this preview and cannot be revealed by removing its visual restrictions.
Additional with full access
Individual AI Advisor reports
- Investment theses
- Bull and bear scenarios and alpha signals
- Drivers, headwinds, risks and opportunities
- Quarterly forecast rationale
- Advisor research references and configuration
Additional datasets and interactive tools
- Interactive forecast comparisons
- Available detailed financial statements
- Market history and corporate-action adjustments
- Eligible historical publication workspaces
Explore complete public research examples
These public assets show the complete AI Consensus research. Their findings concern those assets, not this report.