Partners Group Holding AG (VTX:PGHN) Just Released Its Half-Yearly Earnings: Here's What Analysts Think
Shareholders might have noticed that Partners Group Holding AG (VTX:PGHN) filed its half-yearly result this time last week. The early response was not positive, with shares down 8.5% to CHF673 in the past week. Results were roughly in line with estimates, with revenues of CHF1.1b and statutory earnings per share of CHF48.45. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Following the recent earnings report, the consensus from 13 analysts covering Partners Group Holding is for revenues of CHF2.36b in 2026. This implies a perceptible 4.4% decline in revenue compared to the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of CHF2.37b and earnings per share (EPS) of CHF43.38 in 2026. 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.
Check out our latest analysis for Partners Group Holding
There's been no real change to the consensus price target of CHF809, with Partners Group Holding seemingly executing in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Partners Group Holding analyst has a price target of CHF1,050 per share, while the most pessimistic values it at CHF680. 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.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that revenue is expected to reverse, with a forecast 8.6% annualised decline to the end of 2026. That is a notable change from historical growth of 1.8% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.6% per year. It's pretty clear that Partners Group Holding's revenues are expected to perform substantially worse than the wider 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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at CHF809, with the latest estimates not enough to have an impact on their price targets.
We have estimates for Partners Group Holding from its 13 analysts out to 2028, and you can see them free on our platform here.
You still need to take note of risks, for example - Partners Group Holding has 3 warning signs we think you should be aware of.
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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.