Analyst Estimates: Here's What Brokers Think Of Wistron Corporation (TWSE:3231) After Its Third-Quarter Report

Shareholders might have noticed that Wistron Corporation (TWSE:3231) filed its quarterly result this time last week. The early response was not positive, with shares down 4.9% to NT$118 in the past week. Wistron reported in line with analyst predictions, delivering revenues of NT$273b and statutory earnings per share of NT$1.47, suggesting the business is executing well and in line with its plan. 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 collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for Wistron

Following the latest results, Wistron's twelve analysts are now forecasting revenues of NT$1.24t in 2025. This would be a major 26% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 53% to NT$8.21. Yet prior to the latest earnings, the analysts had been anticipated revenues of NT$1.20t and earnings per share (EPS) of NT$8.14 in 2025. So it looks like there's been no major change in sentiment following the latest results, although the analysts have made a small lift in to revenue forecasts.

Even though revenue forecasts increased, there was no change to the consensus price target of NT$145, suggesting the analysts are focused on earnings as the driver of value creation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Wistron at NT$170 per share, while the most bearish prices it at NT$100.00. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Wistron's past performance and to peers in the same industry. It's clear from the latest estimates that Wistron's rate of growth is expected to accelerate meaningfully, with the forecast 21% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 2.2% p.a. over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 21% per year. Wistron is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also upgraded their revenue forecasts, although the latest estimates suggest that Wistron will grow in line with the overall industry. The consensus price target held steady at NT$145, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Wistron going out to 2026, and you can see them free on our platform here..

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