Casio Computer Co.,Ltd. (TSE:6952) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Casio Computer Co.,Ltd. (TSE:6952) shareholders are probably feeling a little disappointed, since its shares fell 3.0% to JP¥1,240 in the week after its latest quarterly results. Revenues came in 3.4% below expectations, at JP¥59b. Statutory earnings per share were relatively better off, with a per-share profit of JP¥50.91 being roughly in line with analyst estimates. 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 Casio ComputerLtd after the latest results.

View our latest analysis for Casio ComputerLtd

Taking into account the latest results, the most recent consensus for Casio ComputerLtd from nine analysts is for revenues of JP¥273.3b in 2026. If met, it would imply a modest 3.8% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to shoot up 200% to JP¥81.29. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥272.9b and earnings per share (EPS) of JP¥80.81 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

The analysts reconfirmed their price target of JP¥1,338, showing that the business is executing well and in line with expectations. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Casio ComputerLtd analyst has a price target of JP¥1,500 per share, while the most pessimistic values it at JP¥1,200. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Casio ComputerLtd's past performance and to peers in the same industry. The analysts are definitely expecting Casio ComputerLtd's growth to accelerate, with the forecast 3.0% annualised growth to the end of 2026 ranking favourably alongside historical growth of 0.9% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 0.2% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Casio ComputerLtd is expected to grow much faster than its 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. 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. 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.

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

Before you take the next step you should know about the 3 warning signs for Casio ComputerLtd that we have uncovered.

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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.