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Here's What Analysts Are Forecasting For JVCKENWOOD Corporation (TSE:6632) After Its Third-Quarter Results
It's been a mediocre week for JVCKENWOOD Corporation (TSE:6632) shareholders, with the stock dropping 14% to JP¥1,563 in the week since its latest quarterly results. It was a workmanlike result, with revenues of JP¥94b coming in 2.6% ahead of expectations, and statutory earnings per share of JP¥84.34, in line with analyst appraisals. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
See our latest analysis for JVCKENWOOD
Taking into account the latest results, JVCKENWOOD's dual analysts currently expect revenues in 2026 to be JP¥367.0b, approximately in line with the last 12 months. Statutory earnings per share are predicted to swell 13% to JP¥122. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥364.5b and earnings per share (EPS) of JP¥122 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.
There were no changes to revenue or earnings estimates or the price target of JP¥1,650, suggesting that the company has met expectations in its recent result.
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that JVCKENWOOD's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 1.0% growth on an annualised basis. This is compared to a historical growth rate of 7.0% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 0.9% annually. So it's pretty clear that, while JVCKENWOOD's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.
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. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall 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. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.
We don't want to rain on the parade too much, but we did also find 1 warning sign for JVCKENWOOD that you need to be mindful of.
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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About TSE:6632
JVCKENWOOD
Manufactures and sells products in the mobility and telematics services, public service, and media service sectors in Japan and internationally.
Flawless balance sheet and good value.
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