Last week, you might have seen that Haypp Group AB (publ) (STO:HAYPP) released its third-quarter result to the market. The early response was not positive, with shares down 9.0% to kr153 in the past week. Things were not great overall, with a surprise (statutory) loss of kr1.39 per share on revenues of kr1.2b, even though the analysts had been expecting a profit. 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 Haypp Group after the latest results.
Taking into account the latest results, the current consensus from Haypp Group's dual analysts is for revenues of kr5.80b in 2027. This would reflect a substantial 26% increase on its revenue over the past 12 months. Haypp Group is also expected to turn profitable, with statutory earnings of kr4.89 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr5.86b and earnings per share (EPS) of kr8.48 in 2027. So there's definitely been a decline in sentiment after the latest results, noting the large cut to new EPS forecasts.
See our latest analysis for Haypp Group
Despite cutting their earnings forecasts,the analysts have lifted their price target 8.5% to kr197, suggesting that these impacts are not expected to weigh on the stock's value in the long term.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Haypp Group's growth to accelerate, with the forecast 21% annualised growth to the end of 2027 ranking favourably alongside historical growth of 14% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 4.3% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Haypp Group to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. 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. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
With that in mind, we wouldn't be too quick to come to a conclusion on Haypp Group. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.
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