Last week, you might have seen that Chrysos Corporation Limited (ASX:C79) released its half-year result to the market. The early response was not positive, with shares down 6.3% to AU$4.78 in the past week. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

View our latest analysis for Chrysos

After the latest results, the four analysts covering Chrysos are now predicting revenues of AU$62.4m in 2025. If met, this would reflect a meaningful 12% improvement in revenue compared to the last 12 months. Yet prior to the latest earnings, the analysts had been forecasting revenues of AU$64.1m and losses of AU$0.0069 per share in 2025. So we can see that while the consensus made a small dip in revenue estimates, it no longer provides an earnings per share estimate. This suggests that the market is now more focused on revenue after the latest result.

There's been no real change to the consensus price target of AU$6.29, with Chrysos seemingly executing in line with expectations. 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 Chrysos, with the most bullish analyst valuing it at AU$7.00 and the most bearish at AU$5.40 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

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 pretty clear that there is an expectation that Chrysos' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 27% growth on an annualised basis. This is compared to a historical growth rate of 54% over the past three years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 3.4% annually. So it's pretty clear that, while Chrysos' revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that the analysts downgraded their revenue estimates for next year. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. Even so, long term profitability is more important for the value creation process. The consensus price target held steady at AU$6.29, with the latest estimates not enough to have an impact on their price targets.