It's been a pretty great week for NIBE Industrier AB (publ) (STO:NIBE B) shareholders, with its shares surging 10% to kr41.99 in the week since its latest second-quarter results. It was a credible result overall, with revenues of kr11b and statutory earnings per share of kr0.37 both in line with analyst estimates, showing that NIBE Industrier is executing in line with expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on NIBE Industrier after the latest results.
Following the latest results, NIBE Industrier's twelve analysts are now forecasting revenues of kr43.6b in 2026. This would be a reasonable 4.8% improvement in revenue compared to the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of kr43.1b and earnings per share (EPS) of kr1.57 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.
Check out our latest analysis for NIBE Industrier
There's been no real change to the consensus price target of kr43.92, with NIBE Industrier seemingly executing in line with expectations. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values NIBE Industrier at kr55.00 per share, while the most bearish prices it at kr29.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that NIBE Industrier's rate of growth is expected to accelerate meaningfully, with the forecast 9.9% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 5.3% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 7.6% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that NIBE Industrier is expected to grow much faster than its industry.
The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. 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 held steady at kr43.92, with the latest estimates not enough to have an impact on their price targets.
We have estimates for NIBE Industrier from its twelve analysts out to 2028, and you can see them free on our platform here.
Plus, you should also learn about the 1 warning sign we've spotted with NIBE Industrier .
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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.