Oatly Group AB (NASDAQ:OTLY) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

As you might know, Oatly Group AB (NASDAQ:OTLY) recently reported its quarterly numbers. Revenues of US$223m beat expectations by a respectable 5.6%, although statutory losses per share increased. Oatly Group lost US$2.15, which was 146% more than what the analysts had included in their models. Following the result, the analysts have 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

Taking into account the latest results, the current consensus from Oatly Group's six analysts is for revenues of US$880.4m in 2026. This would reflect a satisfactory 4.4% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 66% to US$2.56. Before this earnings announcement, the analysts had been modelling revenues of US$876.1m and losses of US$2.28 per share in 2026. So it's pretty clear the analysts have mixed opinions on Oatly Group even after this update; although they reconfirmed their revenue numbers, it came at the cost of a noticeable increase in per-share losses.

Check out our latest analysis for Oatly Group

The consensus price target held steady at US$20.67, seemingly implying that the higher forecast losses are not expected to have a long term impact on the company's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Oatly Group at US$30.00 per share, while the most bearish prices it at US$16.00. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Oatly Group's revenue growth is expected to slow, with the forecast 3.5% annualised growth rate until the end of 2026 being well below the historical 11% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 3.3% annually. So it's pretty clear that, while Oatly Group's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at Oatly Group. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

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 Oatly Group going out to 2027, and you can see them free on our platform here..

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Oatly Group that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.