New Forecasts: Here's What Analysts Think The Future Holds For Victory Giant Technology (HuiZhou)Co.,Ltd. (SZSE:300476)

Shareholders in Victory Giant Technology (HuiZhou)Co.,Ltd. (SZSE:300476) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The consensus statutory numbers for both revenue and earnings per share (EPS) increased, with their view clearly much more bullish on the company's business prospects. Investors have been pretty optimistic on Victory Giant Technology (HuiZhou)Co.Ltd too, with the stock up 38% to CN¥82.00 over the past week. We'll be curious to see if these new estimates convince the market to lift the stock price higher still.

Following the upgrade, the current consensus from Victory Giant Technology (HuiZhou)Co.Ltd's five analysts is for revenues of CN¥20b in 2025 which - if met - would reflect a major 86% increase on its sales over the past 12 months. Per-share earnings are expected to surge 269% to CN¥5.02. Prior to this update, the analysts had been forecasting revenues of CN¥15b and earnings per share (EPS) of CN¥2.15 in 2025. So we can see there's been a pretty clear increase in analyst sentiment in recent times, with both revenues and earnings per share receiving a decent lift in the latest estimates.

See our latest analysis for Victory Giant Technology (HuiZhou)Co.Ltd

With these upgrades, we're not surprised to see that the analysts have lifted their price target 47% to CN¥64.00 per share.

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 Victory Giant Technology (HuiZhou)Co.Ltd's growth to accelerate, with the forecast 86% annualised growth to the end of 2025 ranking favourably alongside historical growth of 15% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 18% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Victory Giant Technology (HuiZhou)Co.Ltd to grow faster than the wider 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. With a serious upgrade to expectations and a rising price target, it might be time to take another look at Victory Giant Technology (HuiZhou)Co.Ltd.

Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. We have estimates - from multiple Victory Giant Technology (HuiZhou)Co.Ltd analysts - going out to 2026, 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.