Analyst Estimates: Here's What Brokers Think Of Sun TV Network Limited (NSE:SUNTV) After Its First-Quarter Report

Sun TV Network Limited (NSE:SUNTV) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks like the results were a bit of a negative overall. While revenues of ₹13b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 4.0% to hit ₹13.43 per share. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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After the latest results, the ten analysts covering Sun TV Network are now predicting revenues of ₹42.1b in 2026. If met, this would reflect a modest 4.4% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 3.7% to ₹44.02. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹43.2b and earnings per share (EPS) of ₹45.76 in 2026. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a minor downgrade to earnings per share estimates.

See our latest analysis for Sun TV Network

The analysts made no major changes to their price target of ₹680, suggesting the downgrades are not expected to have a long-term impact on Sun TV Network's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Sun TV Network analyst has a price target of ₹841 per share, while the most pessimistic values it at ₹585. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

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 Sun TV Network'shistorical trends, as the 5.9% annualised revenue growth to the end of 2026 is roughly in line with the 6.4% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 10% annually. So it's pretty clear that Sun TV Network is expected to grow slower than similar companies in the same industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Sun TV Network. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. The consensus price target held steady at ₹680, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Sun TV Network going out to 2028, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 1 warning sign for Sun TV Network you should know about.

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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.