Getinge AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Shareholders of Getinge AB (publ) (STO:GETI B) will be pleased this week, given that the stock price is up 10% to kr232 following its latest second-quarter results. It looks like a credible result overall - although revenues of kr8.4b were what the analysts expected, Getinge surprised by delivering a (statutory) profit of kr3.09 per share, an impressive 53% above what was forecast. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Following the latest results, Getinge's ten analysts are now forecasting revenues of kr35.1b in 2026. This would be an okay 2.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to swell 13% to kr11.13. In the lead-up to this report, the analysts had been modelling revenues of kr35.0b and earnings per share (EPS) of kr10.51 in 2026. So the consensus seems to have become somewhat more optimistic on Getinge's earnings potential following these results.
See our latest analysis for Getinge
There's been no major changes to the consensus price target of kr236, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on Getinge, with the most bullish analyst valuing it at kr300 and the most bearish at kr165 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
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. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 5.3% growth on an annualised basis. That is in line with its 6.0% 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 17% per year. So although Getinge is expected to maintain its revenue growth rate, it's forecast to grow slower than the wider industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Getinge's earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Getinge's revenue is expected to perform worse than the wider industry. The consensus price target held steady at kr236, with the latest estimates not enough to have an impact on their price targets.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Getinge analysts - going out to 2028, and you can see them free on our platform here.
It is also worth noting that we have found 1 warning sign for Getinge that you need to take into consideration.
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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. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.