One thing we could say about the analysts on Hacksaw AB (publ) (STO:HACK) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative. The stock price has risen 5.4% to kr59.30 over the past week. It will be interesting to see if this downgrade motivates investors to start selling their holdings.
After the downgrade, the five analysts covering Hacksaw are now predicting revenues of €282m in 2027. If met, this would reflect a sizeable 22% improvement in sales compared to the last 12 months. Prior to the latest estimates, the analysts were forecasting revenues of €320m in 2027. It looks like forecasts have become a fair bit less optimistic on Hacksaw, given the measurable cut to revenue estimates.
See our latest analysis for Hacksaw
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. It's pretty clear that there is an expectation that Hacksaw's revenue growth will slow down substantially, with revenues to the end of 2027 expected to display 18% growth on an annualised basis. This is compared to a historical growth rate of 34% over the past three years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 7.8% per year. Even after the forecast slowdown in growth, it seems obvious that Hacksaw is also expected to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that analysts cut their revenue estimates for next year. Analysts also expect revenues to grow faster than the wider market. Given the stark change in sentiment, we'd understand if investors became more cautious on Hacksaw after today.
Thirsting for more data? At least one of Hacksaw's five analysts has provided estimates out to 2028, which can be seen for free on our platform here.
Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.
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