Technip Energies N.V. (EPA:TE) Just Released Its Annual Results And Analysts Are Updating Their Estimates

As you might know, Technip Energies N.V. (EPA:TE) recently reported its annual numbers. The result was positive overall - although revenues of €6.7b were in line with what the analysts predicted, Technip Energies surprised by delivering a statutory profit of €2.17 per share, modestly greater than expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for Technip Energies

After the latest results, the eleven analysts covering Technip Energies are now predicting revenues of €7.39b in 2025. If met, this would reflect a notable 10.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 5.4% to €2.36. In the lead-up to this report, the analysts had been modelling revenues of €7.33b and earnings per share (EPS) of €2.13 in 2025. Although the revenue estimates have not really changed, we can see there's been a nice gain to earnings per share expectations, suggesting that the analysts have become more bullish after the latest result.

The consensus price target was unchanged at €31.96, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Technip Energies, with the most bullish analyst valuing it at €39.00 and the most bearish at €26.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's clear from the latest estimates that Technip Energies' rate of growth is expected to accelerate meaningfully, with the forecast 10.0% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 1.4% p.a. 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 2.8% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Technip Energies is expected to grow much faster than its industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Technip Energies' earnings potential next year. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster 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 in mind, we wouldn't be too quick to come to a conclusion on Technip Energies. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Technip Energies going out to 2027, and you can see them free on our platform here..

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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.