Carel Industries S.p.A. (BIT:CRL) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

It's been a pretty great week for Carel Industries S.p.A. (BIT:CRL) shareholders, with its shares surging 10% to €23.55 in the week since its latest quarterly results. Results were roughly in line with estimates, with revenues of €158m and statutory earnings per share of €0.56. 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 gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Following the latest results, Carel Industries' six analysts are now forecasting revenues of €681.2m in 2026. This would be a decent 12% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to ascend 11% to €0.64. In the lead-up to this report, the analysts had been modelling revenues of €679.7m and earnings per share (EPS) of €0.65 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 Carel Industries

There were no changes to revenue or earnings estimates or the price target of €24.63, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Carel Industries at €26.30 per share, while the most bearish prices it at €21.50. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Carel Industries' revenue growth is expected to slow, with the forecast 9.3% annualised growth rate until the end of 2026 being well below the historical 12% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.5% annually. So it's pretty clear that, while Carel Industries' revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at €24.63, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Carel Industries. Long-term earnings power is much more important than next year's profits. We have forecasts for Carel Industries going out to 2027, and you can see them free on our platform here.

You can also see whether Carel Industries is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

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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.