As you might know, Bravida Holding AB (publ) (STO:BRAV) just kicked off its latest quarterly results with some very strong numbers. The company beat expectations with revenues of kr7.6b arriving 7.0% ahead of forecasts. Statutory earnings per share (EPS) were kr2.10, 9.8% ahead of estimates. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the most recent consensus for Bravida Holding from seven analysts is for revenues of kr29.9b in 2026. If met, it would imply an okay 3.2% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to rise 6.5% to kr7.34. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr29.1b and earnings per share (EPS) of kr6.93 in 2026. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.
View our latest analysis for Bravida Holding
With these upgrades, we're not surprised to see that the analysts have lifted their price target 9.8% to kr141per share. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Bravida Holding analyst has a price target of kr152 per share, while the most pessimistic values it at kr106. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Bravida Holding shareholders.
Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 6.5% growth on an annualised basis. That is in line with its 6.0% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.7% annually. It's clear that while Bravida Holding's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Bravida Holding's earnings potential next year. They also upgraded their revenue forecasts, although the latest estimates suggest that Bravida Holding will grow in line with the overall industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Bravida Holding analysts - going out to 2028, and you can see them free on our platform here.
You can also see whether Bravida Holding is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.