Cheffelo AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Cheffelo AB (publ) (STO:CHEF) investors will be delighted, with the company turning in some strong numbers with its latest results. Cheffelo beat earnings, with revenues hitting kr331m, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 13%. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Cheffelo after the latest results.
Following the latest results, Cheffelo's three analysts are now forecasting revenues of kr1.35b in 2026. This would be a modest 4.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 9.4% to kr7.15. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr1.35b and earnings per share (EPS) of kr6.51 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
Check out our latest analysis for Cheffelo
The consensus price target rose 10% to kr149, suggesting that higher earnings estimates flow through to the stock's valuation as well. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on Cheffelo, with the most bullish analyst valuing it at kr157 and the most bearish at kr145 per share. This is a very narrow spread of estimates, implying either that Cheffelo is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Cheffelo's past performance and to peers in the same industry. One thing stands out from these estimates, which is that Cheffelo is forecast to grow faster in the future than it has in the past, with revenues expected to display 8.4% annualised growth until the end of 2026. If achieved, this would be a much better result than the 2.5% 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 grow 4.2% annually. So it looks like Cheffelo is expected to grow faster than its competitors, at least for a while.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Cheffelo following these results. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Cheffelo going out to 2028, and you can see them free on our platform here..
Plus, you should also learn about the 2 warning signs we've spotted with Cheffelo .
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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.