Earnings Update: Mentice AB (publ) (STO:MNTC) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Mentice AB (publ) (STO:MNTC) investors will be delighted, with the company turning in some strong numbers with its latest results. Results overall were solid, with revenues arriving 5.3% better than analyst forecasts at kr80m. Higher revenues also resulted in substantially lower statutory losses which, at kr0.03 per share, were 5.3% smaller than the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Taking into account the latest results, the current consensus from Mentice's twin analysts is for revenues of kr318.3m in 2026. This would reflect a credible 5.0% increase on its revenue over the past 12 months. Losses are forecast to balloon 89% to kr0.31 per share. Before this latest report, the consensus had been expecting revenues of kr310.5m and kr0.20 per share in losses. While this year's revenue estimates increased, there was also a very substantial increase in loss per share expectations, suggesting the consensus has a bit of a mixed view on the stock.
Check out our latest analysis for Mentice
There was no major change to the consensus price target of kr22.00, with growing revenues seemingly enough to offset the concern of growing losses.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of Mentice'shistorical trends, as the 10% annualised revenue growth to the end of 2026 is roughly in line with the 10% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 15% per year. So it's pretty clear that Mentice is expected to grow slower than similar companies in the same industry.
The Bottom Line
The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at Mentice. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. The consensus price target held steady at kr22.00, with the latest estimates not enough to have an impact on their price targets.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
Plus, you should also learn about the 1 warning sign we've spotted with Mentice .
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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.