It’s been a good week for Nivika Fastigheter AB (publ) (STO:NIVI B) shareholders, because the company has just released its latest third-quarter results, and the shares gained 6.7% to kr38.10. Results were roughly in line with estimates, with revenues of kr226m and statutory earnings per share of kr2.66. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
After the latest results, the dual analysts covering Nivika Fastigheter are now predicting revenues of kr936.2m in 2027. If met, this would reflect an okay 6.6% improvement in revenue compared to the last 12 months. Before this earnings report, the analysts had been forecasting revenues of kr936.2m and earnings per share (EPS) of kr3.01 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.
See our latest analysis for Nivika Fastigheter
We’d also point out that thatthe analysts have made no major changes to their price target of kr49.00.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Nivika Fastigheter’s revenue growth is expected to slow, with the forecast 5.3% annualised growth rate until the end of 2027 being well below the historical 15% 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) 3.0% per year. So it’s pretty clear that, while Nivika Fastigheter’s revenue growth is expected to slow, it’s still expected to grow faster than the industry itself.
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. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at kr49.00, with the latest estimates not enough to have an impact on their price targets.
We have estimates for Nivika Fastigheter from its dual analysts out to 2028, and you can see them free on our platform here.
You should always think about risks though. Case in point, we’ve spotted 3 warning signs for Nivika Fastigheter you should be aware of, and 2 of them don’t sit too well with us.
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