Markforged Holding Corporation (NYSE:MKFG) Just Reported Earnings, And Analysts Cut Their Target Price
Markforged Holding Corporation (NYSE:MKFG) Just Reported Earnings, And Analysts Cut Their Target Price
As you might know, Markforged Holding Corporation (NYSE:MKFG) just kicked off its latest annual results with some very strong numbers. Markforged Holding beat expectations with revenues of US$94m arriving 2.9% ahead of forecasts. The company also reported a statutory loss of US$0.53, 3.6% smaller than was expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
你可能知道,Markforged Holding Corporation(紐約證券交易所代碼:MKFG)剛剛以一些非常強勁的數字拉開了其最新的年度業績。Markforged Holding超出預期,收入爲9400萬美元,比預期高出2.9%。該公司還報告了0.53美元的法定虧損,比預期低3.6%。對於投資者來說,這是一個重要時刻,因爲他們可以在報告中追蹤公司的業績,看看專家對明年的預測,看看對該業務的預期是否有任何變化。因此,我們收集了最新的業績後預測,以了解估計對明年的預測。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240311/0-723d1b4a0ce77a227af341d3e284aeda-0-801d8265222a844942947ab76f4221f2.png/big)
Taking into account the latest results, the consensus forecast from Markforged Holding's four analysts is for revenues of US$97.6m in 2024. This reflects a credible 4.1% improvement in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 42% to US$0.30. Before this latest report, the consensus had been expecting revenues of US$95.2m and US$0.32 per share in losses. So there seems to have been a moderate uplift in analyst sentiment with the latest consensus release, given the upgrades to both revenue and loss per share forecasts for this year.
考慮到最新業績,Markforged Holding的四位分析師的共識預測是,2024年的收入爲9,760萬美元。這反映了與過去12個月相比,收入的可信增長了4.1%。預計虧損將大幅下降,萎縮42%,至0.30美元。在這份最新報告之前,共識一直預計收入爲9,520萬美元,每股虧損0.32美元。因此,鑑於今年的收入和每股虧損預測均有所上調,最新共識發佈後,分析師的情緒似乎略有提高。
Yet despite these upgrades, the analysts cut their price target 34% to US$1.32, implicitly signalling that the ongoing losses are likely to weigh negatively on Markforged Holding's valuation. 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. The most optimistic Markforged Holding analyst has a price target of US$1.50 per share, while the most pessimistic values it at US$1.00. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
然而,儘管進行了這些上調,但分析師仍將目標股價下調了34%,至1.32美元,這暗示持續的虧損可能會對Markforged Holding的估值造成負面影響。但是,還有另一種思考價格目標的方法,那就是研究分析師提出的價格目標範圍,因爲範圍廣泛的估計可能表明,對業務可能的結果有不同的看法。最樂觀的Markforged Holding分析師將目標股價定爲每股1.50美元,而最悲觀的分析師則將其估值爲1.00美元。對該股肯定有一些不同的看法,但在我們看來,估計範圍還不夠廣,不足以暗示情況不可預測。
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that Markforged Holding's revenue growth is expected to slow, with the forecast 4.1% annualised growth rate until the end of 2024 being well below the historical 10% p.a. growth over the last three years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 3.4% annually. So it's pretty clear that, while Markforged Holding's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.
從現在的大局來看,我們可以理解這些預測的方法之一是看看它們如何與過去的業績和行業增長預期相比較。我們要強調的是,預計Markforged Holding的收入增長將放緩,預計到2024年底的年化增長率爲4.1%,遠低於過去三年來歷史上10%的年增長率。將其與業內其他有分析師報道的公司並列,預計這些公司的收入(總計)每年將增長3.4%。因此,很明顯,儘管Markforged Holding的收入增長預計將放緩,但預計其增長將與行業大致持平。
The Bottom Line
底線
The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. They also upgraded their revenue forecasts, although the latest estimates suggest that Markforged Holding will grow in line with the overall industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Markforged Holding's future valuation.
要了解的最重要的一點是,分析師重申了明年的每股虧損預期。他們還上調了收入預測,儘管最新的估計表明Markforged Holding將與整個行業保持同步增長。共識目標股價大幅下降,最新業績似乎並未讓分析師放心,這導致對Markforged Holding未來估值的估計降低。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Markforged Holding analysts - going out to 2025, and you can see them free on our platform here.
話雖如此,公司收益的長期軌跡比明年重要得多。根據多位Markforged Holding分析師的估計,到2025年,你可以在我們的平台上免費查看。
And what about risks? Every company has them, and we've spotted 2 warning signs for Markforged Holding you should know about.
那風險呢?每家公司都有它們,我們發現了兩個你應該知道的Markforged Holding警告信號。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。