q.beyond AG (ETR:QBY) Just Reported Earnings, And Analysts Cut Their Target Price

It's been a mediocre week for q.beyond AG (ETR:QBY) shareholders, with the stock dropping 15% to €0.72 in the week since its latest quarterly results. It was a curious result overall, with revenues coming in 3.1% below what the analysts had expected, at €44m. The company broke even in terms of statutory earnings per share (EPS). 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on q.beyond after the latest results.

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Following the latest results, q.beyond's four analysts are now forecasting revenues of €194.0m in 2026. This would be a modest 4.5% improvement in revenue compared to the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of €195.9m and earnings per share (EPS) of €0.037 in 2026. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

See our latest analysis for q.beyond

The average price target fell 5.8% to €1.23, withthe analysts clearly having become less optimistic about q.beyond'sprospects following its latest earnings. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values q.beyond at €1.30 per share, while the most bearish prices it at €1.10. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting q.beyond is an easy business to forecast or the the analysts are all using similar assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the q.beyond's past performance and to peers in the same industry. It's pretty clear that there is an expectation that q.beyond's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 3.6% growth on an annualised basis. This is compared to a historical growth rate of 6.6% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 7.0% annually. Factoring in the forecast slowdown in growth, it seems obvious that q.beyond is also expected to grow slower than other industry participants.

The Bottom Line

The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

We have estimates for q.beyond from its four analysts out to 2027, and you can see them free on our platform here.

You can also see our analysis of q.beyond's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.