Analysts Have Been Trimming Their Nabaltec AG (ETR:NTG) Price Target After Its Latest Report

Shareholders might have noticed that Nabaltec AG (ETR:NTG) filed its interim result this time last week. The early response was not positive, with shares down 2.7% to €12.75 in the past week. Nabaltec reported in line with analyst predictions, delivering revenues of €109m and statutory earnings per share of €1.10, suggesting the business is executing well and in line with its plan. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the current consensus from Nabaltec's three analysts is for revenues of €205.4m in 2026. This would reflect a reasonable 3.5% increase on its revenue over the past 12 months. Statutory earnings per share are expected to sink 11% to €0.82 in the same period. In the lead-up to this report, the analysts had been modelling revenues of €205.4m and earnings per share (EPS) of €0.96 in 2026. The analysts seem to have become more bearish following the latest results. While there were no changes to revenue forecasts, there was a real cut to EPS estimates.

Check out our latest analysis for Nabaltec

It might be a surprise to learn that the consensus price target fell 6.0% to €15.75, with the analysts clearly linking lower forecast earnings to the performance of the stock price. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Nabaltec at €16.00 per share, while the most bearish prices it at €15.50. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company 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. The analysts are definitely expecting Nabaltec's growth to accelerate, with the forecast 7.2% annualised growth to the end of 2026 ranking favourably alongside historical growth of 0.8% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.6% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Nabaltec is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment 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. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Nabaltec's future valuation.

With that in mind, we wouldn't be too quick to come to a conclusion on Nabaltec. Long-term earnings power is much more important than next year's profits. We have forecasts for Nabaltec going out to 2028, and you can see them free on our platform here.

It is also worth noting that we have found 2 warning signs for Nabaltec that you need to take into consideration.

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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.