As you might know, AutoStore Holdings Ltd. (OB:AUTO) just kicked off its latest quarterly results with some very strong numbers. AutoStore Holdings delivered a significant beat to revenue and earnings per share (EPS) expectations, hitting US$192m-15% above indicated-andUS$0.015-30% above forecasts- respectively Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on AutoStore Holdings after the latest results.
Following the latest results, AutoStore Holdings' eleven analysts are now forecasting revenues of US$705.3m in 2026. This would be an okay 4.3% improvement in revenue compared to the last 12 months. Per-share earnings are expected to rise 2.7% to US$0.05. In the lead-up to this report, the analysts had been modelling revenues of US$656.6m and earnings per share (EPS) of US$0.045 in 2026. So it seems there's been a definite increase in optimism about AutoStore Holdings' future following the latest results, with a nice gain to the earnings per share forecasts in particular.
Check out our latest analysis for AutoStore Holdings
With these upgrades, we're not surprised to see that the analysts have lifted their price target 18% to kr15.54per share. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on AutoStore Holdings, with the most bullish analyst valuing it at kr19.88 and the most bearish at kr8.11 per share. We would probably assign less value to the analyst forecasts in this situation, because such a wide range of estimates could imply that the future of this business is difficult to value accurately. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.
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 can infer from the latest estimates that forecasts expect a continuation of AutoStore Holdings'historical trends, as the 8.7% annualised revenue growth to the end of 2026 is roughly in line with the 8.2% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 10% per year. So although AutoStore Holdings is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards AutoStore Holdings following these results. They also upgraded their revenue forecasts, although the latest estimates suggest that AutoStore Holdings will grow in line with the overall industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
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. We have estimates - from multiple AutoStore Holdings analysts - going out to 2028, 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 AutoStore Holdings that you should be aware of.
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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.