It’s been a good week for Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) shareholders, because the company has just released its latest quarterly results, and the shares gained 5.0% to €81.82. Revenues €31b disappointed slightly, at3.6% below what the analysts had predicted. Profits were a relative bright spot, with statutory per-share earnings of €2.68 coming in 19% above what was anticipated. 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’ve gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Taking into account the latest results, the current consensus from Bayerische Motoren Werke’s 19 analysts is for revenues of €133.5b in 2026. This would reflect a credible 2.2% increase on its revenue over the past 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of €134.3b and earnings per share (EPS) of €10.38 in 2026. Overall, while the analysts have reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.
See our latest analysis for Bayerische Motoren Werke
We’d also point out that thatthe analysts have made no major changes to their price target of €90.28. The consensus price target is just an average of individual analyst targets, so – it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Bayerische Motoren Werke, with the most bullish analyst valuing it at €108 and the most bearish at €69.00 per share. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
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. It’s pretty clear that there is an expectation that Bayerische Motoren Werke’s revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 2.9% growth on an annualised basis. This is compared to a historical growth rate of 4.7% over the past five years. Compare this to the 10 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 2.8% per year. Factoring in the forecast slowdown in growth, it looks like Bayerische Motoren Werke is forecast to grow at about the same rate as 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. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
We have estimates for Bayerische Motoren Werke from its 19 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 2 warning signs for Bayerische Motoren Werke you should be aware of, and 1 of them is potentially serious.
Valuation is complex, but we’re here to simplify it.
Discover if Bayerische Motoren Werke might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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.
