Time To Worry? Analysts Just Downgraded Their Dana Gas PJSC (ADX:DANA) Outlook

The latest analyst coverage could presage a bad day for Dana Gas PJSC (ADX:DANA), with the analysts making across-the-board cuts to their statutory estimates that might leave shareholders a little shell-shocked. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.

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Following the downgrade, the current consensus from Dana Gas PJSC's twin analysts is for revenues of US$371m in 2026 which - if met - would reflect a decent 15% increase on its sales over the past 12 months. Before the latest update, the analysts were foreseeing US$432m of revenue in 2026. The consensus view seems to have become more pessimistic on Dana Gas PJSC, noting the measurable cut to revenue estimates in this update.

Check out our latest analysis for Dana Gas PJSC

There was no particular change to the consensus price target of د.إ0.93, with Dana Gas PJSC's latest outlook seemingly not enough to result in a change of valuation.

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 analysts are definitely expecting Dana Gas PJSC's growth to accelerate, with the forecast 12% annualised growth to the end of 2026 ranking favourably alongside historical growth of 6.3% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 0.9% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Dana Gas PJSC is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that analysts cut their revenue estimates for next year. They're also forecasting more rapid revenue growth than the wider market. Overall, given the drastic downgrade to next year's forecasts, we'd be feeling a little more wary of Dana Gas PJSC going forwards.

Thirsting for more data? We have estimates for Dana Gas PJSC from its twin analysts out until 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 downgrading 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.