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As you might know, 5N Plus Inc. (TSE:VNP) just kicked off its latest first-quarter results with some very strong numbers. Statutory revenue of US$89m and earnings of US$0.11 both blasted past expectations, beating expectations by 21% and 120%, respectively, ahead of expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on 5N Plus after the latest results.
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After the latest results, the four analysts covering 5N Plus are now predicting revenues of US$337.3m in 2025. If met, this would reflect a reasonable 7.7% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 6.5% to US$0.26. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$326.4m and earnings per share (EPS) of US$0.27 in 2025. There doesn't appear to have been a major change in sentiment following the results, other than the modest lift to revenue estimates.
See our latest analysis for 5N Plus
The consensus price target increased 8.1% to CA$10.69, with an improved revenue forecast carrying the promise of a more valuable business, in time. 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 5N Plus, with the most bullish analyst valuing it at CA$13.28 and the most bearish at CA$9.02 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.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 10% growth on an annualised basis. That is in line with its 11% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 3.9% annually. So it's pretty clear that 5N Plus is forecast to grow substantially faster than its industry.