Analyst Forecasts Just Became More Bearish On Triveni Turbine Limited (NSE:TRITURBINE)

Market forces rained on the parade of Triveni Turbine Limited (NSE:TRITURBINE) 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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After the downgrade, the ten analysts covering Triveni Turbine are now predicting revenues of ₹22b in 2026. If met, this would reflect a notable 14% improvement in sales compared to the last 12 months. Prior to the latest estimates, the analysts were forecasting revenues of ₹24b in 2026. It looks like forecasts have become a fair bit less optimistic on Triveni Turbine, given the measurable cut to revenue estimates.

View our latest analysis for Triveni Turbine

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Triveni Turbine's revenue growth is expected to slow, with the forecast 19% annualised growth rate until the end of 2026 being well below the historical 25% p.a. growth over the last five years. Compare this to the 126 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 20% per year. Factoring in the forecast slowdown in growth, it looks like Triveni Turbine is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The clear low-light was that analysts slashing their revenue forecasts for Triveni Turbine this year. Analysts also expect revenues to grow approximately in line with the wider market. Given the stark change in sentiment, we'd understand if investors became more cautious on Triveni Turbine after today.

Of course, there's always more to the story. At least one of Triveni Turbine's ten analysts has provided estimates out to 2028, which can be seen for 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.