Investors in AcadeMedia AB (publ) (STO:ACAD) had a good week, as its shares rose 8.8% to close at kr126 following the release of its quarterly results. It looks like a credible result overall - although revenues of kr4.7b were what the analysts expected, AcadeMedia surprised by delivering a (statutory) profit of kr1.31 per share, an impressive 22% above what was forecast. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on AcadeMedia after the latest results.
Following the latest results, AcadeMedia's three analysts are now forecasting revenues of kr22.8b in 2027. This would be a solid 8.9% improvement in revenue compared to the last 12 months. Per-share earnings are expected to grow 13% to kr11.75. In the lead-up to this report, the analysts had been modelling revenues of kr22.8b and earnings per share (EPS) of kr11.53 in 2027. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
See our latest analysis for AcadeMedia
There were no changes to revenue or earnings estimates or the price target of kr130, suggesting that the company has met expectations in its recent result. 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. The most optimistic AcadeMedia analyst has a price target of kr135 per share, while the most pessimistic values it at kr125. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the AcadeMedia's past performance and to peers in the same industry. The analysts are definitely expecting AcadeMedia's growth to accelerate, with the forecast 12% annualised growth to the end of 2027 ranking favourably alongside historical growth of 8.9% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 5.0% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect AcadeMedia to grow faster than 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 analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at kr130, with the latest estimates not enough to have an impact on their price targets.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for AcadeMedia going out to 2029, and you can see them free on our platform here.
You can also see whether AcadeMedia is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
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