Raketech Group Holding PLC (STO:RAKE) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
There's been a notable change in appetite for Raketech Group Holding PLC (STO:RAKE) shares in the week since its quarterly report, with the stock down 15% to kr2.99. It was a negative result overall, with revenues coming in 17% less than what the analysts expected, at €9.8m. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Our free stock report includes 1 warning sign investors should be aware of before investing in Raketech Group Holding. Read for free now.Following the recent earnings report, the consensus from dual analysts covering Raketech Group Holding is for revenues of €49.0m in 2025. This implies a small 5.7% decline in revenue compared to the last 12 months. Raketech Group Holding is also expected to turn profitable, with statutory earnings of €0.072 per share. In the lead-up to this report, the analysts had been modelling revenues of €54.3m and earnings per share (EPS) of €0.082 in 2025. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a substantial drop in earnings per share estimates.
View our latest analysis for Raketech Group Holding
The consensus price target fell 22% to kr12.25, with the weaker earnings outlook clearly leading valuation estimates.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that revenue is expected to reverse, with a forecast 7.5% annualised decline to the end of 2025. That is a notable change from historical growth of 22% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 6.6% per year. It's pretty clear that Raketech Group Holding's revenues are expected to perform substantially worse than the wider industry.
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. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Raketech Group Holding's future valuation.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.
And what about risks? Every company has them, and we've spotted 1 warning sign for Raketech Group Holding you should know about.
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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.