Stock Analysis

News Flash: Analysts Just Made A Notable Upgrade To Their Nyab AB (publ) (STO:NYAB) Forecasts

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OM:NYAB

Nyab AB (publ) (STO:NYAB) shareholders will have a reason to smile today, with the analysts making substantial upgrades to next year's statutory forecasts. The revenue forecast for next year has experienced a facelift, with analysts now much more optimistic on its sales pipeline.

Following the upgrade, the most recent consensus for Nyab from its dual analysts is for revenues of €430m in 2025 which, if met, would be a substantial 37% increase on its sales over the past 12 months. Prior to the latest estimates, the analysts were forecasting revenues of €374m in 2025. The consensus has definitely become more optimistic, showing a solid increase in revenue forecasts.

See our latest analysis for Nyab

OM:NYAB Earnings and Revenue Growth December 5th 2024

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. It's pretty clear that there is an expectation that Nyab's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 28% growth on an annualised basis. This is compared to a historical growth rate of 50% over the past three years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 5.5% per year. Even after the forecast slowdown in growth, it seems obvious that Nyab is also expected 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 next year. They're also forecasting more rapid revenue growth than the wider market. Seeing the dramatic upgrade to next year's forecasts, it might be time to take another look at Nyab.

Unanswered questions? We have analyst estimates for Nyab going out to 2026, and you can see them free on our platform here.

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Valuation is complex, but we're here to simplify it.

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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.