Broker Revenue Forecasts For BM GreenTech Berhad (KLSE:BMGREEN) Are Surging Higher

Shareholders in BM GreenTech Berhad (KLSE:BMGREEN) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The revenue forecast for this year has experienced a facelift, with analysts now much more optimistic on its sales pipeline.

After this upgrade, BM GreenTech Berhad's twin analysts are now forecasting revenues of RM563m in 2025. This would be a huge 28% improvement in sales compared to the last 12 months. Prior to the latest estimates, the analysts were forecasting revenues of RM472m in 2025. It looks like there's been a clear increase in optimism around BM GreenTech Berhad, given the solid increase in revenue forecasts.

Check out our latest analysis for BM GreenTech Berhad

The consensus price target fell 7.7% to RM1.26, with the analysts clearly less optimistic about BM GreenTech Berhad's valuation following this update.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The analysts are definitely expecting BM GreenTech Berhad's growth to accelerate, with the forecast 28% annualised growth to the end of 2025 ranking favourably alongside historical growth of 16% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 15% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect BM GreenTech Berhad to grow faster than the wider industry.

The Bottom Line

The most important thing to take away from this upgrade is that analysts lifted their revenue estimates for this year. They're also forecasting more rapid revenue growth than the wider market. The consensus price target fell measurably, with analysts seemingly not reassured by recent business developments, leading to a lower estimate of BM GreenTech Berhad's future valuation. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at BM GreenTech Berhad.

Want more information? We have analyst estimates for BM GreenTech Berhad going out to 2027, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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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.

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