News Flash: Analysts Just Made A Notable Upgrade To Their Inspur Electronic Information Industry Co., Ltd. (SZSE:000977) Forecasts
Shareholders in Inspur Electronic Information Industry Co., Ltd. (SZSE:000977) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The revenue forecast for this year has experienced a facelift, with the analysts now much more optimistic on its sales pipeline.
Following the upgrade, the latest consensus from Inspur Electronic Information Industry's eleven analysts is for revenues of CN¥151b in 2025, which would reflect a huge 32% improvement in sales compared to the last 12 months. Per-share earnings are expected to bounce 29% to CN¥2.01. Before this latest update, the analysts had been forecasting revenues of CN¥120b and earnings per share (EPS) of CN¥1.92 in 2025. The most recent forecasts are noticeably more optimistic, with a considerable lift to revenue estimates and a lift to earnings per share as well.
Check out our latest analysis for Inspur Electronic Information Industry
It will come as no surprise to learn that the analysts have increased their price target for Inspur Electronic Information Industry 5.2% to CN¥60.12 on the back of these upgrades.
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 analysts are definitely expecting Inspur Electronic Information Industry's growth to accelerate, with the forecast 32% annualised growth to the end of 2025 ranking favourably alongside historical growth of 10% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 16% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Inspur Electronic Information Industry is expected to grow much faster than its industry.
The Bottom Line
The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. They also upgraded their revenue estimates for this year, and sales are expected to grow faster than the wider market. There was also a nice increase in the price target, with analysts apparently feeling that the intrinsic value of the business is improving. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at Inspur Electronic Information Industry.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Inspur Electronic Information Industry going out to 2027, and you can see them 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.
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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.