kr147 - That's What Analysts Think Haypp Group AB (publ) (STO:HAYPP) Is Worth After These Results

Last week, you might have seen that Haypp Group AB (publ) (STO:HAYPP) released its quarterly result to the market. The early response was not positive, with shares down 7.5% to kr141 in the past week. Revenues came in 3.3% below expectations, at kr921m. Statutory earnings per share were relatively better off, with a per-share profit of kr1.46 being roughly in line with analyst estimates. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the current consensus from Haypp Group's twin analysts is for revenues of kr3.89b in 2025. This would reflect an okay 3.8% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to ascend 11% to kr2.57. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr3.96b and earnings per share (EPS) of kr3.60 in 2025. So there's definitely been a decline in sentiment after the latest results, noting the pretty serious reduction to new EPS forecasts.

Check out our latest analysis for Haypp Group

Despite cutting their earnings forecasts,the analysts have lifted their price target 25% to kr147, suggesting that these impacts are not expected to weigh on the stock's value in the long term.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Haypp Group's revenue growth is expected to slow, with the forecast 7.7% annualised growth rate until the end of 2025 being well below the historical 16% p.a. growth over the last three years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 2.7% annually. So it's pretty clear that, while Haypp Group's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Haypp Group. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

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.

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