kneat.com, inc. (TSE:KSI) Just Reported And Analysts Have Been Lifting Their Price Targets

It's been a pretty great week for kneat.com, inc. (TSE:KSI) shareholders, with its shares surging 15% to CA$6.88 in the week since its latest yearly results. The results look positive overall; while revenues of CA$49m were in line with analyst predictions, statutory losses were 7.7% smaller than expected, with kneat.com losing CA$0.09 per share. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for kneat.com

Taking into account the latest results, the current consensus from kneat.com's four analysts is for revenues of CA$67.9m in 2025. This would reflect a substantial 39% increase on its revenue over the past 12 months. The loss per share is expected to ameliorate slightly, reducing to CA$0.08. Before this latest report, the consensus had been expecting revenues of CA$67.2m and CA$0.10 per share in losses. While the revenue estimates were largely unchanged, sentiment seems to have improved, with the analysts upgrading their numbers and making a considerable decrease in losses per share in particular.

The average price target rose 14% to CA$7.30, with the analysts signalling that the forecast reduction in losses would be a positive for the stock's valuation. 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. There are some variant perceptions on kneat.com, with the most bullish analyst valuing it at CA$9.00 and the most bearish at CA$5.00 per share. 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.

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. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 39% growth on an annualised basis. That is in line with its 42% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 9.8% per year. So although kneat.com is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for kneat.com going out to 2027, and you can see them free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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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.