Celebrations may be in order for Calviks AB (publ) (STO:CALVIK) shareholders, with the covering analyst delivering a significant upgrade to their statutory estimates for the company. The analyst greatly increased their revenue estimates, suggesting a stark improvement in business fundamentals.
Following the upgrade, the most recent consensus for Calviks from its sole analyst is for revenues of kr2.7b in 2026 which, if met, would be a major 52% increase on its sales over the past 12 months. Statutory earnings per share are presumed to shoot up 644% to kr6.35. Prior to this update, the analyst had been forecasting revenues of kr2.1b and earnings per share (EPS) of kr2.12 in 2026. There has definitely been an improvement in perception recently, with the analyst substantially increasing both their earnings and revenue estimates.
View our latest analysis for Calviks
It will come as no surprise to learn that the analyst has increased their price target for Calviks 15% to kr82.50 on the back of these upgrades.
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 analyst is definitely expecting Calviks' growth to accelerate, with the forecast 132% annualised growth to the end of 2026 ranking favourably alongside historical growth of 94% per annum over the past three years. Compare this with other companies in the same industry, which are forecast to grow their revenue 5.6% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analyst also expect Calviks to grow faster than the wider industry.
The Bottom Line
The most important thing to take away from this upgrade is that the analyst upgraded their earnings per share estimates for this year, expecting improving business conditions. Fortunately, the analyst also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. With a serious upgrade to expectations and a rising price target, it might be time to take another look at Calviks.
The covering analyst is definitely bullish on Calviks, but no company is perfect. Indeed, you should know that there are several potential concerns to be aware of, including its declining profit margins. You can learn more, and discover the 3 other risks we've identified, for free on our platform here.
Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.
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