SES S.A. (BDL:SESGL) Released Earnings Last Week And Analysts Lifted Their Price Target To €5.70

It's been a pretty great week for SES S.A. (BDL:SESGL) shareholders, with its shares surging 17% to €4.23 in the week since its latest full-year results. Revenues beat expectations, coming in 5.6% ahead of forecasts, and the company broke even on a statutory earnings per share (EPS) level. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

View our latest analysis for SES

Following the recent earnings report, the consensus from seven analysts covering SES is for revenues of €1.99b in 2025. This implies a discernible 4.8% decline in revenue compared to the last 12 months. Before this earnings report, the analysts had been forecasting revenues of €1.99b and earnings per share (EPS) of €0.20 in 2025. Overall, while the analysts have reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.

The average price target rose 5.6% to €5.70, with the analysts clearly having become more optimistic about SES'prospects following these results.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 4.8% annualised decline to the end of 2025. That is a notable change from historical growth of 1.7% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.0% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - SES is expected to lag the wider industry.

The Bottom Line

The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that SES' revenue is expected to perform worse than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

We have estimates for SES from its seven analysts out to 2027, and you can see them free on our platform here.

Even so, be aware that SES is showing 3 warning signs in our investment analysis , you should know about...

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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.