Analysts Are Betting On Banco Santander-Chile (SNSE:BSANTANDER) With A Big Upgrade This Week

Shareholders in Banco Santander-Chile (SNSE:BSANTANDER) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

After the upgrade, the nine analysts covering Banco Santander-Chile are now predicting revenues of CL$2.9t in 2025. If met, this would reflect a substantial 25% improvement in sales compared to the last 12 months. Prior to the latest estimates, the analysts were forecasting revenues of CL$2.9t in 2025. It looks like the recent earnings updates confirmed that the business is performing in line with expectations, given there's been no meaningful changes in the new revenue estimates.

View our latest analysis for Banco Santander-Chile

We'd point out that there was no major changes to their price target of CL$59.73, suggesting the latest estimates were not enough to shift their view on the value of the business.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Banco Santander-Chile's growth to accelerate, with the forecast 57% annualised growth to the end of 2025 ranking favourably alongside historical growth of 4.3% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 14% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Banco Santander-Chile is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that analysts reconfirmed their revenue estimates for this year, suggesting that the business is performing in line with market expectations. Analysts also expect revenues to grow faster than the wider market. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at Banco Santander-Chile.

Still got questions? At least one of Banco Santander-Chile's nine analysts has provided estimates out to 2027, which can be seen for free on our platform here.

Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.