Horizon Robotics Just Beat Revenue By 8.6%: Here's What Analysts Think Will Happen Next

Last week, you might have seen that Horizon Robotics (HKG:9660) released its half-yearly result to the market. The early response was not positive, with shares down 6.6% to HK$9.58 in the past week. Results overall were respectable, with statutory earnings of CN¥0.51 per share roughly in line with what the analysts had forecast. Revenues of CN¥1.6b came in 8.6% ahead of analyst predictions. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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

After the latest results, the 25 analysts covering Horizon Robotics are now predicting revenues of CN¥3.59b in 2025. If met, this would reflect a notable 19% improvement in revenue compared to the last 12 months. The company is forecast to report a statutory loss of CN¥0.31 in 2025, a sharp decline from a profit over the last year. Before this earnings announcement, the analysts had been modelling revenues of CN¥3.59b and losses of CN¥0.31 per share in 2025.

See our latest analysis for Horizon Robotics

The consensus price target was unchanged at HK$11.84, suggesting that the business - losses and all - is executing in line with estimates. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Horizon Robotics at HK$15.00 per share, while the most bearish prices it at HK$8.88. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of Horizon Robotics'historical trends, as the 42% annualised revenue growth to the end of 2025 is roughly in line with the 43% annual growth over the past year. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 23% per year. So although Horizon Robotics is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. Happily, there were no major changes to revenue forecasts, with the business still 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 said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Horizon Robotics analysts - going out to 2027, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 1 warning sign for Horizon Robotics that you should be aware of.

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.