Kaldvik AS (OB:KLDVK) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The analysts have sharply increased their revenue numbers, with a view that Kaldvik will make substantially more sales than they'd previously expected.
After the upgrade, the two analysts covering Kaldvik are now predicting revenues of €167m in 2026. If met, this would reflect a huge 69% improvement in sales compared to the last 12 months. Losses are predicted to fall substantially, shrinking 29% to €0.25 per share. However, before this estimates update, the consensus had been expecting revenues of €106m and €0.25 per share in losses. So there's been quite a change-up of views after the recent consensus updates, withthe analysts noticeably increasing their revenue forecasts while also expecting losses per share to hold steady.
See our latest analysis for Kaldvik
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. It's clear from the latest estimates that Kaldvik's rate of growth is expected to accelerate meaningfully, with the forecast 185% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 29% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 7.8% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Kaldvik to grow faster than the wider industry.
The most important thing here is that analysts reduced their loss per share estimates for this year, reflecting increased optimism around Kaldvik's prospects. Fortunately, analysts also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at Kaldvik.
That's a pretty serious upgrade, but shareholders might be even more pleased to know that forecasts expect Kaldvik to be able to reach break-even within the next few years. For more information, you can click through to our free platform to learn more about these forecasts.
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