AutoStore Holdings Ltd. (OB:AUTO) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Investors in AutoStore Holdings Ltd. (OB:AUTO) had a good week, as its shares rose 5.8% to close at kr11.97 following the release of its annual results. AutoStore Holdings reported in line with analyst predictions, delivering revenues of US$601m and statutory earnings per share of US$0.04, suggesting the business is executing well and in line with its plan. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for AutoStore Holdings

Following the latest results, AutoStore Holdings' nine analysts are now forecasting revenues of US$626.2m in 2025. This would be a credible 4.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 4.9% to US$0.043. Before this earnings report, the analysts had been forecasting revenues of US$625.0m and earnings per share (EPS) of US$0.039 in 2025. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

The consensus price target was unchanged at kr13.27, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on AutoStore Holdings, with the most bullish analyst valuing it at kr16.91 and the most bearish at kr9.42 per share. As you can see the range of estimates is wide, with the lowest valuation coming in at less than half the most bullish estimate, suggesting there are some strongly diverging views on how analysts think this business will perform. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that AutoStore Holdings' revenue growth is expected to slow, with the forecast 4.1% annualised growth rate until the end of 2025 being well below the historical 22% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 12% annually. Factoring in the forecast slowdown in growth, it seems obvious that AutoStore Holdings is also expected to grow slower than other industry participants.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around AutoStore Holdings' earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that AutoStore Holdings' revenue is expected to perform worse 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 said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple AutoStore Holdings analysts - going out to 2027, and you can see them free on our platform here.

You can also view our analysis of AutoStore Holdings' balance sheet, and whether we think AutoStore Holdings is carrying too much debt, for free on our platform here.

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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.