Earnings Update: Maxis Berhad (KLSE:MAXIS) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

As you might know, Maxis Berhad (KLSE:MAXIS) recently reported its full-year numbers. Maxis Berhad reported in line with analyst predictions, delivering revenues of RM11b and statutory earnings per share of RM0.20, suggesting the business is executing well and in line with its plan. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the consensus forecast from Maxis Berhad's 19 analysts is for revenues of RM10.9b in 2026. This reflects a modest 2.9% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to rise 3.9% to RM0.21. In the lead-up to this report, the analysts had been modelling revenues of RM10.9b and earnings per share (EPS) of RM0.21 in 2026. 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.

View our latest analysis for Maxis Berhad

The analysts reconfirmed their price target of RM4.12, showing that the business is executing well and in line with expectations. 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. The most optimistic Maxis Berhad analyst has a price target of RM5.10 per share, while the most pessimistic values it at RM3.63. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Maxis Berhad's revenue growth is expected to slow, with the forecast 2.9% annualised growth rate until the end of 2026 being well below the historical 3.9% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.0% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Maxis Berhad.

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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at RM4.12, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Maxis Berhad. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Maxis Berhad going out to 2028, and you can see them free on our platform here..

Even so, be aware that Maxis Berhad is showing 2 warning signs in our investment analysis , you should know about...

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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.