Analysts Have Been Trimming Their Rush Enterprises, Inc. (NASDAQ:RUSH.A) Price Target After Its Latest Report

As you might know, Rush Enterprises, Inc. (NASDAQ:RUSH.A) recently reported its quarterly numbers. It was a credible result overall, with revenues of US$1.9b and statutory earnings per share of US$0.73 both in line with analyst estimates, showing that Rush Enterprises is executing in line with expectations. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.

Our free stock report includes 1 warning sign investors should be aware of before investing in Rush Enterprises. Read for free now.

Taking into account the latest results, the current consensus, from the solitary analyst covering Rush Enterprises, is for revenues of US$7.55b in 2025. This implies a measurable 3.1% reduction in Rush Enterprises' revenue over the past 12 months. Statutory per-share earnings are expected to be US$3.62, roughly flat on the last 12 months. Before this earnings report, the analyst had been forecasting revenues of US$7.73b and earnings per share (EPS) of US$3.60 in 2025. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.

View our latest analysis for Rush Enterprises

The average price target was reduced 12% to US$60.00, with the lower revenue forecasts indicating negative sentiment towards Rush Enterprises, even though earnings forecasts were unchanged.

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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 4.1% by the end of 2025. This indicates a significant reduction from annual growth of 12% 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 6.1% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Rush Enterprises is expected to lag the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analyst reconfirming that the business is performing in line with their previous earnings per share estimates. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. Even so, long term profitability is more important for the value creation process. Furthermore, the analyst also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Rush Enterprises going out as far as 2026, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 1 warning sign for Rush Enterprises 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.