Flynas Company (TADAWUL:4264) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Flynas Company (TADAWUL:4264) last week reported its latest third-quarter results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the consensus forecast from Flynas' eight analysts is for revenues of ر.س9.67b in 2027. This reflects a decent 18% improvement in revenue compared to the last 12 months. Flynas is also expected to turn profitable, with statutory earnings of ر.س4.02 per share. In the lead-up to this report, the analysts had been modelling revenues of ر.س9.79b and earnings per share (EPS) of ر.س4.02 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for Flynas

It will come as no surprise then, to learn that the consensus price target is largely unchanged at ر.س56.40. 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. The most optimistic Flynas analyst has a price target of ر.س67.00 per share, while the most pessimistic values it at ر.س44.90. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 14% growth on an annualised basis. That is in line with its 16% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 6.5% annually. So it's pretty clear that Flynas is forecast to grow substantially faster than its industry.

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. The consensus price target held steady at ر.س56.40, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Flynas analysts - going out to 2028, and you can see them free on our platform here.

You can also see our analysis of Flynas' Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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