Cambi ASA (OB:CAMBI) Just Reported And Analysts Have Been Lifting Their Price Targets

Shareholders might have noticed that Cambi ASA (OB:CAMBI) filed its second-quarter result this time last week. The early response was not positive, with shares down 3.0% to kr22.60 in the past week. Overall the results were a little better than the analysts were expecting, with revenues beating forecasts by 8.1%to hit kr265m. 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. 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 Cambi's two analysts is for revenues of kr1.03b in 2026. This reflects a reasonable 7.3% improvement in revenue compared to the last 12 months. Before this earnings report, the analysts had been forecasting revenues of kr1.03b and earnings per share (EPS) of kr0.70 in 2026. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

Check out our latest analysis for Cambi

The average price target rose 27% to kr28.00, with the analysts clearly having become more optimistic about Cambi'sprospects following these results.

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. It's pretty clear that there is an expectation that Cambi's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 15% growth on an annualised basis. This is compared to a historical growth rate of 19% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 11% per year. So it's pretty clear that, while Cambi's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

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. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

We have estimates for Cambi from its two analysts out to 2028, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Cambi , and understanding it should be part of your investment process.

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