As you might know, Endúr ASA (OB:ENDUR) recently reported its third-quarter numbers. It looks like the results were a bit of a negative overall. While revenues of kr1.8b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 5.1% to hit kr1.22 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
After the latest results, the three analysts covering Endúr are now predicting revenues of kr8.06b in 2026. If met, this would reflect a sizeable 56% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 166% to kr6.09. Before this earnings report, the analysts had been forecasting revenues of kr7.98b and earnings per share (EPS) of kr5.80 in 2026. So the consensus seems to have become somewhat more optimistic on Endúr's earnings potential following these results.
Check out our latest analysis for Endúr
The consensus price target was unchanged at kr115, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Endúr, with the most bullish analyst valuing it at kr120 and the most bearish at kr110 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's clear from the latest estimates that Endúr's rate of growth is expected to accelerate meaningfully, with the forecast 43% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 29% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 15% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Endúr is expected to grow much faster than its industry.
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Endúr's earnings potential next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at kr115, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on Endúr. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Endúr analysts - going out to 2027, and you can see them free on our platform here.
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Endúr that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.