Analysts Have Just Cut Their Ola Electric Mobility Limited (NSE:OLAELEC) Revenue Estimates By 16%

Market forces rained on the parade of Ola Electric Mobility Limited (NSE:OLAELEC) shareholders today, when the analysts downgraded their forecasts for this year. Revenue estimates were cut sharply as the analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well.

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Following this downgrade, Ola Electric Mobility's eight analysts are forecasting 2026 revenues to be ₹31b, approximately in line with the last 12 months. Before the latest update, the analysts were foreseeing ₹37b of revenue in 2026. It looks like forecasts have become a fair bit less optimistic on Ola Electric Mobility, given the substantial drop in revenue estimates.

Check out our latest analysis for Ola Electric Mobility

We'd point out that there was no major changes to their price target of ₹47.75, suggesting the latest estimates were not enough to shift their view on the value of the business.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Ola Electric Mobility's past performance and to peers in the same industry. We would also point out that the forecast 2.4% annualised revenue decline to the end of 2026 is better than the historical trend, which saw revenues shrink 46% annually over the past year By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 8.8% per year. So while a broad number of companies are forecast to grow, unfortunately Ola Electric Mobility is expected to see its sales affected worse than other companies in the industry.

The Bottom Line

The most important thing to take away is that analysts cut their revenue estimates for this year. They're also anticipating slower revenue growth than the wider market. Overall, given the drastic downgrade to this year's forecasts, we'd be feeling a little more wary of Ola Electric Mobility going forwards.

Of course, there's always more to the story. We have estimates for Ola Electric Mobility from its eight analysts out until 2028, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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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.