News Flash: Analysts Just Made A Notable Upgrade To Their ASROCK Incorporation (TWSE:3515) Forecasts

ASROCK Incorporation (TWSE:3515) shareholders will have a reason to smile today, with the analysts making substantial upgrades to next year's statutory forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects.

Following the upgrade, the most recent consensus for ASROCK Incorporation from its two analysts is for revenues of NT$31b in 2025 which, if met, would be a huge 43% increase on its sales over the past 12 months. Statutory earnings per share are presumed to surge 36% to NT$13.24. Before this latest update, the analysts had been forecasting revenues of NT$28b and earnings per share (EPS) of NT$12.78 in 2025. The most recent forecasts are noticeably more optimistic, with a decent improvement in revenue estimates and a lift to earnings per share as well.

See our latest analysis for ASROCK Incorporation

Although the analysts have upgraded their earnings estimates, there was no change to the consensus price target of NT$265, suggesting that the forecast performance does not have a long term impact on the company's valuation.

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. The analysts are definitely expecting ASROCK Incorporation's growth to accelerate, with the forecast 33% annualised growth to the end of 2025 ranking favourably alongside historical growth of 6.0% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 21% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect ASROCK Incorporation to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for next year. They also upgraded their revenue estimates for next year, and sales are expected to grow faster than the wider market. Seeing the dramatic upgrade to next year's forecasts, it might be time to take another look at ASROCK Incorporation.

Still, the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for ASROCK Incorporation going out as far as 2026, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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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.