We report the results of an XMM-Newton and NuSTAR coordinated observation of the Supergiant Fast Xray Transient (SFXT) IGR J11215-5952, performed on February 14, 2016, during the expected peak of its brief outburst, which repeats every ∼165 days. Timing and spectral analysis were performed simultaneously in the energy band 0.4-78 keV. A spin period of 187.0 (±0.4) s was measured, consistent with previous observations performed in 2007. The X-ray intensity shows a large variability (more than one order of magnitude) on timescales longer than the spin period, with several luminous X-ray flares which repeat every 2-2.5 ks, some of which simultaneously observed by both satellites. The broad-band (0.4-78 keV) time-averaged spectrum was well deconvolved with a double-component model (a blackbody plus a power-law with a high energy cutoff) together with a weak iron line in emission at 6.4 keV (equivalent width, EW, of 40±10 eV). Alternatively, a partial covering model also resulted in an adequate description of the data. The source time-averaged X-ray luminosity was 10 36 erg s −1 (0.1-100 keV; assuming 7 kpc). We discuss the results of these observations in the framework of the different models proposed to explain SFXTs, supporting a quasi-spherical settling accretion regime, although alternative possibilities (e.g. centrifugal barrier) cannot be ruled out.