New Forecasts: Here's What Analysts Think The Future Holds For Dubai Financial Market P.J.S.C. (DFM:DFM)

Shareholders in Dubai Financial Market P.J.S.C. (DFM:DFM) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The analysts have sharply increased their revenue numbers, with a view that Dubai Financial Market P.J.S.C will make substantially more sales than they'd previously expected.

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Following the latest upgrade, the current consensus, from the three analysts covering Dubai Financial Market P.J.S.C, is for revenues of د.إ492m in 2025, which would reflect a painful 27% reduction in Dubai Financial Market P.J.S.C's sales over the past 12 months. Prior to the latest estimates, the analysts were forecasting revenues of د.إ431m in 2025. It looks like there's been a clear increase in optimism around Dubai Financial Market P.J.S.C, given the solid increase in revenue forecasts.

Check out our latest analysis for Dubai Financial Market P.J.S.C

There was no particular change to the consensus price target of د.إ1.63, with Dubai Financial Market P.J.S.C's latest outlook seemingly not enough to result in a change of valuation.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Dubai Financial Market P.J.S.C's past performance and to peers in the same industry. We would highlight that sales are expected to reverse, with a forecast 46% annualised revenue decline to the end of 2025. That is a notable change from historical growth of 18% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 6.7% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Dubai Financial Market P.J.S.C is expected to lag the wider industry.

The Bottom Line

The highlight for us was that analysts increased their revenue forecasts for Dubai Financial Market P.J.S.C this year. They're also anticipating slower revenue growth than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at Dubai Financial Market P.J.S.C.

Looking to learn more? We have analyst estimates for Dubai Financial Market P.J.S.C going out to 2027, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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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.