Excelerate Energy, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Investors in Excelerate Energy, Inc. (NYSE:EE) had a good week, as its shares rose 4.1% to close at US$36.81 following the release of its third-quarter results. It looks to have been a bit of a mixed result. While revenues of US$297m fell 14% short of what the analysts had predicted, statutory earnings per share (EPS) of US$0.44 exceeded expectations by 8.3%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. 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 consensus forecast from Excelerate Energy's nine analysts is for revenues of US$1.98b in 2027. This reflects a substantial 44% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 29% to US$1.98. In the lead-up to this report, the analysts had been modelling revenues of US$1.98b and earnings per share (EPS) of US$1.98 in 2027. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

View our latest analysis for Excelerate Energy

There were no changes to revenue or earnings estimates or the price target of US$43.54, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Excelerate Energy at US$50.00 per share, while the most bearish prices it at US$38.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. For example, we noticed that Excelerate Energy's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 34% growth to the end of 2027 on an annualised basis. That is well above its historical decline of 5.6% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 0.4% annually. So it looks like Excelerate Energy is expected to grow faster than its competitors, at least for a while.

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.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Excelerate Energy going out to 2028, and you can see them free on our platform here..

It might also be worth considering whether Excelerate Energy's debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.

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