It's been a good week for Swissquote Group Holding Ltd (VTX:SQN) shareholders, because the company has just released its latest full-year results, and the shares gained 2.0% to CHF389. Results overall were respectable, with statutory earnings of CHF19.53 per share roughly in line with what the analysts had forecast. Revenues of CHF687m came in 6.8% ahead of analyst predictions. 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 gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Taking into account the latest results, the five analysts covering Swissquote Group Holding provided consensus estimates of CHF664.0m revenue in 2025, which would reflect a small 3.4% decline over the past 12 months. Statutory earnings per share are predicted to increase 3.0% to CHF20.29. Before this earnings report, the analysts had been forecasting revenues of CHF666.7m and earnings per share (EPS) of CHF20.70 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
See our latest analysis for Swissquote Group Holding
It will come as no surprise then, to learn that the consensus price target is largely unchanged at CHF387. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Swissquote Group Holding at CHF480 per share, while the most bearish prices it at CHF258. 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.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that revenue is expected to reverse, with a forecast 3.4% annualised decline to the end of 2025. That is a notable change from historical growth of 16% 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 5.5% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Swissquote Group Holding is expected to lag the wider industry.