Urgent.ly Inc. (NASDAQ:ULY) Analysts Are Cutting Their Estimates: Here's What You Need To Know

One of the biggest stories of last week was how Urgent.ly Inc. (NASDAQ:ULY) shares plunged 37% in the week since its latest quarterly results, closing yesterday at US$7.07. It was a pretty bad result overall; while revenues were in line with expectations at US$31m, statutory losses exploded to US$4.69 per share. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Urgent.ly after the latest results.

We've discovered 4 warning signs about Urgent.ly. View them for free.

Taking into account the latest results, the solitary analyst covering Urgent.ly provided consensus estimates of US$127.4m revenue in 2025, which would reflect a small 5.0% decline over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 70% to US$8.73. Before this earnings announcement, the analyst had been modelling revenues of US$137.6m and losses of US$8.04 per share in 2025. Overall it looks as though the analyst are negative in this update. Although revenue forecasts held steady, the consensus also made a moderate increase in to its losses per share forecasts.

View our latest analysis for Urgent.ly

The consensus price target fell 33% to US$12.00, with the analyst clearly concerned about the company following the weaker revenue and earnings outlook.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. One thing that stands out from these estimates is that shrinking revenues are expected to moderate over the period ending 2025 compared to the historical decline of 23% per annum over the past year. Compare this against analyst estimates for companies in the broader industry, which suggest that revenues (in aggregate) are expected to grow 13% annually. So it's pretty clear that, while it does have declining revenues, the analyst also expect Urgent.ly to suffer worse than the wider 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 Urgent.ly. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of Urgent.ly's future valuation.

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.

Even so, be aware that Urgent.ly is showing 4 warning signs in our investment analysis , and 2 of those are a bit unpleasant...

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.