Investors in Rai Way S.p.A. (BIT:RWAY) had a good week, as its shares rose 2.7% to close at €4.32 following the release of its third-quarter results. Results were roughly in line with estimates, with revenues of €72m and statutory earnings per share of €0.33. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we’ve gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Following the latest results, Rai Way’s six analysts are now forecasting revenues of €304.0m in 2027. This would be a modest 5.7% improvement in revenue compared to the last 12 months. Before this earnings report, the analysts had been forecasting revenues of €304.0m and earnings per share (EPS) of €0.34 in 2027. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.
View our latest analysis for Rai Way
There’s been no real change to the consensus price target of €6.00, with Rai Way seemingly executing in line with expectations. 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. There are some variant perceptions on Rai Way, with the most bullish analyst valuing it at €7.20 and the most bearish at €4.60 per share. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 4.5% growth on an annualised basis. That is in line with its 4.8% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 2.2% per year. So it’s pretty clear that Rai Way is forecast to grow substantially faster than its industry.
The Bottom Line
The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. 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 €6.00, with the latest estimates not enough to have an impact on their price targets.
We have estimates for Rai Way from its six analysts out to 2028, and you can see them free on our platform here.
That said, it’s still necessary to consider the ever-present spectre of investment risk. We’ve identified 2 warning signs with Rai Way , and understanding them should be part of your investment process.
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