CIE Automotive, S.A. (BME:CIE) Just Released Its Interim Results And Analysts Are Updating Their Estimates

Investors in CIE Automotive, S.A. (BME:CIE) had a good week, as its shares rose 8.4% to close at €26.35 following the release of its interim results. CIE Automotive reported in line with analyst predictions, delivering revenues of €2.0b and statutory earnings per share of €2.71, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on CIE Automotive after the latest results.

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

Following last week's earnings report, CIE Automotive's eight analysts are forecasting 2025 revenues to be €3.91b, approximately in line with the last 12 months. Statutory earnings per share are predicted to rise 6.3% to €2.90. In the lead-up to this report, the analysts had been modelling revenues of €3.98b and earnings per share (EPS) of €2.91 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

View our latest analysis for CIE Automotive

It will come as no surprise then, to learn that the consensus price target is largely unchanged at €31.82. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on CIE Automotive, with the most bullish analyst valuing it at €33.65 and the most bearish at €26.50 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that CIE Automotive's revenue growth is expected to slow, with the forecast 1.7% annualised growth rate until the end of 2025 being well below the historical 7.1% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 2.7% per year. Factoring in the forecast slowdown in growth, it seems obvious that CIE Automotive is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that CIE Automotive's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for CIE Automotive going out to 2027, and you can see them free on our platform here.

It is also worth noting that we have found 2 warning signs for CIE Automotive that you need to take into consideration.

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.