Zaptec ASA Just Missed Earnings - But Analysts Have Updated Their Models

It's been a sad week for Zaptec ASA (OB:ZAP), who've watched their investment drop 12% to kr26.05 in the week since the company reported its quarterly result. Results overall were not great, with earnings of kr0.032 per share falling drastically short of analyst expectations. Meanwhile revenues hit kr369m and were slightly better than forecasts. The analyst typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

Taking into account the latest results, the most recent consensus for Zaptec from single analyst is for revenues of kr1.70b in 2026. If met, it would imply a notable 19% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to jump 192% to kr1.27. In the lead-up to this report, the analyst had been modelling revenues of kr1.69b and earnings per share (EPS) of kr1.30 in 2026. The analyst seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

Check out our latest analysis for Zaptec

Despite cutting their earnings forecasts,the analyst has lifted their price target 17% to kr35.00, suggesting that these impacts are not expected to weigh on the stock's value in the long term.

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 Zaptec's revenue growth is expected to slow, with the forecast 15% annualised growth rate until the end of 2026 being well below the historical 33% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 7.3% annually. Even after the forecast slowdown in growth, it seems obvious that Zaptec is also expected to grow faster than the wider industry.

The Bottom Line

The biggest concern is that the analyst reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Zaptec. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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.