Analysts Are Updating Their Naturgy Energy Group, S.A. (BME:NTGY) Estimates After Its Interim Results

It's been a good week for Naturgy Energy Group, S.A. (BME:NTGY) shareholders, because the company has just released its latest half-yearly results, and the shares gained 4.2% to €30.04. The results were positive, with revenue coming in at €10b, beating analyst expectations by 9.3%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Following the latest results, Naturgy Energy Group's 15 analysts are now forecasting revenues of €20.0b in 2026. This would be a modest 2.0% improvement in revenue compared to the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of €19.7b and earnings per share (EPS) of €2.09 in 2026. Overall, while the analysts have reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.

View our latest analysis for Naturgy Energy Group

There's been no real change to the consensus price target of €30.18, with Naturgy Energy Group seemingly executing in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Naturgy Energy Group analyst has a price target of €34.00 per share, while the most pessimistic values it at €24.30. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. For example, we noticed that Naturgy Energy Group's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 4.1% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 6.0% a year 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 0.9% annually. Not only are Naturgy Energy Group's revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.

The Bottom Line

The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. 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 no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

At least one of Naturgy Energy Group's 15 analysts has provided estimates out to 2028, which can be seen for free on our platform here.

Plus, you should also learn about the 3 warning signs we've spotted with Naturgy Energy Group (including 1 which is a bit concerning) .

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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.