Le Travenues Technology Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Shareholders of Le Travenues Technology Limited (NSE:IXIGO) will be pleased this week, given that the stock price is up 12% to ₹157 following its latest second-quarter results. Revenues of ₹3.2b fell slightly short of expectations, but earnings were a definite bright spot, with statutory per-share profits of ₹1.35 an impressive 113% 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the consensus forecast from Le Travenues Technology's nine analysts is for revenues of ₹14.2b in 2027. This reflects a notable 8.9% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to dip 5.3% to ₹3.24 in the same period. Before this earnings report, the analysts had been forecasting revenues of ₹15.0b and earnings per share (EPS) of ₹3.07 in 2027. If anything, the analysts look to have become slightly more optimistic overall; while they decreased their revenue forecasts, EPS predictions increased and ultimately earnings are more important.

View our latest analysis for Le Travenues Technology

There's been no real change to the average price target of ₹194, with the lower revenue and higher earnings forecasts not expected to meaningfully impact the company's valuation over a longer timeframe. 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. Currently, the most bullish analyst values Le Travenues Technology at ₹215 per share, while the most bearish prices it at ₹165. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Le Travenues Technology's past performance and to peers in the same industry. We would highlight that Le Travenues Technology's revenue growth is expected to slow, with the forecast 19% annualised growth rate until the end of 2027 being well below the historical 29% p.a. growth over the last three years. Compare this to the 109 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 18% per year. Factoring in the forecast slowdown in growth, it looks like Le Travenues Technology is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Le Travenues Technology following these results. They also downgraded their revenue estimates, although as we saw earlier, forecast growth is only expected to be about the same as the wider industry. Still, earnings per share are more important to value creation for shareholders. 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.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Le Travenues Technology going out to 2029, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Le Travenues Technology .

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