Nordex SE (ETR:NDX1) Just Beat Earnings: Here's What Analysts Think Will Happen Next

A week ago, Nordex SE (ETR:NDX1) came out with a strong set of half-year numbers that could potentially lead to a re-rate of the stock. The company beat expectations with revenues of €3.8b arriving 7.2% ahead of forecasts. Statutory earnings per share (EPS) were €0.45, 7.3% ahead of estimates. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Nordex after the latest results.

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Following the latest results, Nordex's 14 analysts are now forecasting revenues of €8.78b in 2026. This would be a decent 9.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 21% to €2.05. Before this earnings report, the analysts had been forecasting revenues of €8.80b and earnings per share (EPS) of €2.02 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for Nordex

There were no changes to revenue or earnings estimates or the price target of €47.89, suggesting that the company has met expectations in its recent result. 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. Currently, the most bullish analyst values Nordex at €60.00 per share, while the most bearish prices it at €15.80. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Nordex's past performance and to peers in the same industry. It's clear from the latest estimates that Nordex's rate of growth is expected to accelerate meaningfully, with the forecast 20% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 9.2% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 12% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Nordex to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still 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.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Nordex going out to 2028, and you can see them free on our platform here.

You can also see our analysis of Nordex's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.