Industry Analysts Just Upgraded Their OMV Aktiengesellschaft (VIE:OMV) Revenue Forecasts By 18%
OMV Aktiengesellschaft (VIE:OMV) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects.
Following the upgrade, the current consensus from OMV's 15 analysts is for revenues of €29b in 2026 which - if met - would reflect a decent 13% increase on its sales over the past 12 months. Statutory earnings per share are presumed to leap 105% to €9.34. Before this latest update, the analysts had been forecasting revenues of €25b and earnings per share (EPS) of €8.93 in 2026. The forecasts seem more optimistic now, with a decent improvement in revenue and a slight bump in earnings per share estimates.
View our latest analysis for OMV
Despite these upgrades, the analysts have not made any major changes to their price target of €61.52, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. One thing stands out from these estimates, which is that OMV is forecast to grow faster in the future than it has in the past, with revenues expected to display 27% annualised growth until the end of 2026. If achieved, this would be a much better result than the 12% annual decline over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to decline 1.1% per year. So it's pretty clear that OMV is expected to grow faster than the wider industry.
The Bottom Line
The most important thing to take away from this upgrade is that analysts upgraded their earnings per share estimates for this year, expecting improving business conditions. On the plus side, they also lifted their revenue estimates, and the company is expected to perform better than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at OMV.
Still, the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple OMV analysts - going out to 2028, and you can see them free on our platform here.
Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.
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