Here's What Analysts Are Forecasting For Asseco Poland S.A. (WSE:ACP) After Its Third-Quarter Results

It's been a good week for Asseco Poland S.A. (WSE:ACP) shareholders, because the company has just released its latest third-quarter results, and the shares gained 5.1% to zł90.75. It was a credible result overall, with revenues of zł4.2b and statutory earnings per share of zł6.12 both in line with analyst estimates, showing that Asseco Poland is executing in line with expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Asseco Poland after the latest results.

View our latest analysis for Asseco Poland

After the latest results, the four analysts covering Asseco Poland are now predicting revenues of zł17.8b in 2025. If met, this would reflect a credible 5.8% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to reduce 3.4% to zł7.19 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of zł18.1b and earnings per share (EPS) of zł7.73 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

The consensus price target held steady at zł96.38, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. 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 Asseco Poland analyst has a price target of zł102 per share, while the most pessimistic values it at zł89.12. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Asseco Poland is an easy business to forecast or the the analysts are all using similar assumptions.

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. It's pretty clear that there is an expectation that Asseco Poland's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 4.6% growth on an annualised basis. This is compared to a historical growth rate of 11% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 7.9% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Asseco Poland.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at zł96.38, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Asseco Poland going out to 2026, and you can see them free on our platform here.

You can also view our analysis of Asseco Poland's balance sheet, and whether we think Asseco Poland 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.