Investors in Scout24 SE( ETR:G24 ) had a good week, as its shares rose 5.1% to close at €71.00 following the release of its first-quarter results. Results were roughly in line with estimates, with revenues of €180m and statutory earnings per share of €3.33. 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.
After the latest results, the 14 analysts covering Scout24 are now predicting revenues of €761.0m in 2026. If met, this would reflect a decent 9.9% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to rise 5.8% to €3.90. Before this earnings report, the analysts had been forecasting revenues of €760.7m and earnings per share (EPS) of €3.67 in 2026. So the consensus seems to have become somewhat more optimistic on Scout24's earnings potential following these results.
See our latest analysis for Scout24
There's been no major changes to the consensus price target of €104, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. 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. There are some variant perceptions on Scout24, with the most bullish analyst valuing it at €134 and the most bearish at €81.00 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
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 2026 brings more of the same, according to the analysts, with revenue forecast to display 13% growth on an annualised basis. That is in line with its 12% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 8.6% annually. So it's pretty clear that Scout24 is forecast to grow substantially faster than its industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Scout24's earnings potential next year. 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 €104, with the latest estimates not enough to have an impact on their price targets.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Scout24 analysts - going out to 2028, and you can see them free on our platform here.
You can also view our analysis of Scout24's balance sheet, and whether we think Scout24 is carrying too much debt, for free on our platform here.
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This article by Simply Wall St is general in nature.
We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.
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