Euronext N.V. (EPA:ENX) Analysts Are Pretty Bullish On The Stock After Recent Results

Last week saw the newest quarterly earnings release from Euronext N.V. (EPA:ENX), an important milestone in the company's journey to build a stronger business. It was a credible result overall, with revenues of €459m and statutory earnings per share of €1.61 both in line with analyst estimates, showing that Euronext is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the current consensus from Euronext's 15 analysts is for revenues of €1.78b in 2025. This would reflect a modest 5.8% increase on its revenue over the past 12 months. Per-share earnings are expected to accumulate 10.0% to €6.54. Before this earnings report, the analysts had been forecasting revenues of €1.75b and earnings per share (EPS) of €6.21 in 2025. So the consensus seems to have become somewhat more optimistic on Euronext's earnings potential following these results.

See our latest analysis for Euronext

The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 8.1% to €142. 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. The most optimistic Euronext analyst has a price target of €173 per share, while the most pessimistic values it at €102. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Euronext shareholders.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that Euronext's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 7.8% growth on an annualised basis. This is compared to a historical growth rate of 14% over the past five years. Compare this with other companies in the same industry, which are forecast to see a revenue decline of 3.8% annually. So it's clear that despite the slowdown in growth, Euronext is still expected to grow meaningfully faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Euronext following these results. Fortunately, they also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Their estimates also suggest that Euronext's revenue is expected to perform better than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Euronext going out to 2027, and you can see them free on our platform here..

You can also see whether Euronext is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

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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.