Here's What Analysts Are Forecasting For Open House Group Co., Ltd. (TSE:3288) After Its Third-Quarter Results

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Shareholders might have noticed that Open House Group Co., Ltd. (TSE:3288) filed its quarterly result this time last week. The early response was not positive, with shares down 2.5% to JP¥7,051 in the past week. Results look mixed - while revenue fell marginally short of analyst estimates at JP¥296b, statutory earnings were in line with expectations, at JP¥401 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Open House Group after the latest results.

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Taking into account the latest results, the current consensus from Open House Group's seven analysts is for revenues of JP¥1.41t in 2026. This would reflect a reasonable 5.5% increase on its revenue over the past 12 months. Per-share earnings are expected to step up 13% to JP¥945. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥1.42t and earnings per share (EPS) of JP¥942 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.

Check out our latest analysis for Open House Group

It will come as no surprise then, to learn that the consensus price target is largely unchanged at JP¥6,920. 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. There are some variant perceptions on Open House Group, with the most bullish analyst valuing it at JP¥7,900 and the most bearish at JP¥6,000 per share. 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 Open House Group's revenue growth is expected to slow, with the forecast 4.4% annualised growth rate until the end of 2026 being well below the historical 17% 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 1.3% annually. Even after the forecast slowdown in growth, it seems obvious that Open House Group is also 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. The consensus price target held steady at JP¥6,920, 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. We have forecasts for Open House Group going out to 2027, and you can see them free on our platform here.

It is also worth noting that we have found 1 warning sign for Open House Group that you need to take into consideration.

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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.