In This Article:
It's been a mediocre week for TeamViewer SE (ETR:TMV) shareholders, with the stock dropping 13% to €11.68 in the week since its latest third-quarter results. Revenues were €169m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of €0.25 were also better than expected, beating analyst predictions by 17%. 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 gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Check out our latest analysis for TeamViewer
After the latest results, the 13 analysts covering TeamViewer are now predicting revenues of €703.8m in 2025. If met, this would reflect a credible 7.0% improvement in revenue compared to the last 12 months. Per-share earnings are expected to grow 16% to €0.90. Before this earnings report, the analysts had been forecasting revenues of €712.4m and earnings per share (EPS) of €0.88 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.
It will come as no surprise then, to learn that the consensus price target is largely unchanged at €15.50. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on TeamViewer, with the most bullish analyst valuing it at €19.00 and the most bearish at €12.00 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
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 TeamViewer's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 5.6% growth on an annualised basis. This is compared to a historical growth rate of 11% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 11% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than TeamViewer.