Shareholders of adesso SE (ETR:ADN1) will be pleased this week, given that the stock price is up 12% to €81.90 following its latest third-quarter results. It was a credible result overall, with revenues of €423m and statutory earnings per share of €2.83 both in line with analyst estimates, showing that adesso is executing in line with expectations. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
After the latest results, the six analysts covering adesso are now predicting revenues of €1.83b in 2027. If met, this would reflect a notable 14% improvement in revenue compared to the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of €1.83b and earnings per share (EPS) of €5.60 in 2027. Overall, while the analysts have reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.
See our latest analysis for adesso
There's been no real change to the consensus price target of €101, with adesso seemingly executing in line with expectations. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values adesso at €135 per share, while the most bearish prices it at €65.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
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. We would highlight that adesso's revenue growth is expected to slow, with the forecast 11% annualised growth rate until the end of 2027 being well below the historical 17% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 7.0% per year. Even after the forecast slowdown in growth, it seems obvious that adesso is also expected to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. 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 €101, with the latest estimates not enough to have an impact on their price targets.
At least one of adesso's six analysts has provided estimates out to 2028, which can be seen for free on our platform here.
Plus, you should also learn about the 2 warning signs we've spotted with adesso .
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