Analysts Have Made A Financial Statement On Bharti Airtel Limited's (NSE:BHARTIARTL) Second-Quarter Report

Bharti Airtel Limited (NSE:BHARTIARTL) just released its quarterly report and things are looking bullish. Results were good overall, with revenues beating analyst predictions by 2.5% to hit ₹521b. Statutory earnings per share (EPS) came in at ₹11.30, some 3.9% above whatthe analysts had expected. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the consensus forecast from Bharti Airtel's 33 analysts is for revenues of ₹2.09t in 2026. This reflects an okay 7.5% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to crater 25% to ₹47.78 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹2.06t and earnings per share (EPS) of ₹47.90 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

View our latest analysis for Bharti Airtel

It will come as no surprise then, to learn that the consensus price target is largely unchanged at ₹2,183. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Bharti Airtel at ₹2,500 per share, while the most bearish prices it at ₹1,375. 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.

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 Bharti Airtel'shistorical trends, as the 16% annualised revenue growth to the end of 2026 is roughly in line with the 13% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 5.1% per year. So although Bharti Airtel 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 there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. 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.

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. We have forecasts for Bharti Airtel going out to 2028, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Bharti Airtel , and understanding these should be part of your investment process.

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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.