Growth Investors: Industry Analysts Just Upgraded Their Energiekontor AG (ETR:EKT) Revenue Forecasts By 19%

Energiekontor AG (ETR:EKT) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. Investor sentiment seems to be improving too, with the share price up 4.6% to €34.00 over the past 7 days. Whether the upgrade is enough to drive the stock price higher is yet to be seen, however.

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Following the upgrade, the current consensus from Energiekontor's twin analysts is for revenues of €221m in 2025 which - if met - would reflect a sizeable 78% increase on its sales over the past 12 months. Before the latest update, the analysts were foreseeing €186m of revenue in 2025. It looks like there's been a clear increase in optimism around Energiekontor, given the nice increase in revenue forecasts.

View our latest analysis for Energiekontor

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Energiekontor's past performance and to peers in the same industry. The analysts are definitely expecting Energiekontor's growth to accelerate, with the forecast 78% annualised growth to the end of 2025 ranking favourably alongside historical growth of 7.9% 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 10% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Energiekontor to grow faster than the wider industry.

The Bottom Line

The most important thing to take away from this upgrade is that analysts lifted their revenue estimates for this year. The analysts also expect revenues to grow faster than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at Energiekontor.

But wait - there's more! We have analyst estimates for Energiekontor going out to 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 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.