Upland Software, Inc. (NASDAQ:UPLD) Just Reported, And Analysts Assigned A US$3.33 Price Target
Upland Software, Inc. (NASDAQ:UPLD) Just Reported, And Analysts Assigned A US$3.33 Price Target
As you might know, Upland Software, Inc. (NASDAQ:UPLD) recently reported its quarterly numbers. Revenues were a bright spot, with US$69m in revenue arriving 2.3% ahead of expectations, although statutory earnings didn't fare nearly so well, recording a loss of US$0.47, some 3.9% below consensus 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
正如您所知,Upland Software, Inc. (NASDAQ:UPLD) 最近公佈了季度報告。營業收入是一大亮點,收入達到了6900萬美元,比預期高出2.3%,儘管根據法定收益來看並不那麼樂觀,錄得了0.47美元的虧損,低於共識預測的3.9%。分析師通常會在每個季度盈利報告後更新其預測,我們可以從他們的估計判斷他們是否改變了對公司的看法,或者是否有任何需要注意的新問題。我們認爲讀者會發現看到分析師對明年(法定)盈利的最新預測很有趣。
After the latest results, the consensus from Upland Software's six analysts is for revenues of US$275.1m in 2024, which would reflect a measurable 3.9% decline in revenue compared to the last year of performance. Losses are forecast to narrow 7.1% to US$4.69 per share. Before this earnings announcement, the analysts had been modelling revenues of US$275.0m and losses of US$4.01 per share in 2024. While this year's revenue estimates held steady, there was also a noticeable increase in loss per share expectations, suggesting the consensus has a bit of a mixed view on the stock.
最新的業績公佈後,Upland Software的六名分析師一致預測,2024年營業收入將達到27510萬美元,這將反映出營業收入與上一年度相比下降了3.9%。預計虧損將縮減7.1%,至4.69美元每股。在此盈利公告之前,分析師曾預測2024年的營業收入爲27500萬美元,每股虧損爲4.01美元。雖然今年的營收預測保持穩定,但是每股虧損的預期卻有明顯增加,這表明共識對該股票的看法有些不一致。
The consensus price target fell 29% to US$3.33per share, with the analysts clearly concerned by ballooning losses. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Upland Software analyst has a price target of US$5.00 per share, while the most pessimistic values it at US$2.50. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
共識價格目標下降了29%,至3.33美元每股,分析師們顯然擔心虧損擴大。但是,過於關注單一的價格目標可能是不明智的,因爲共識目標實際上是分析師價格目標的平均值。因此,一些投資者喜歡查看估計的範圍,以查看有無對公司估值存在分歧的大致情況。最樂觀的Upland Software分析師的股價目標爲5.00美元,而最悲觀的分析師則爲2.50美元。請注意分析師價格目標之間的巨大差距?這對我們來說意味着商業底層存在相當廣泛的可能走勢。
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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 7.7% by the end of 2024. This indicates a significant reduction from annual growth of 6.5% 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 12% per year. It's pretty clear that Upland Software's revenues are expected to perform substantially worse than the wider industry.
現在來看大局,我們可以通過比較這些預測與過去的業績和行業增長預測來理解它們的含義。這些預測表明,預計營業收入將放緩,到2024年末,年化下降幅度將達到7.7%。這表明與過去五年的年增長率6.5%相比,預計有顯着的減少。將此與我們的數據進行比較,我們發現同行業的其他公司按總體計算預計每年收入將增長12%。很明顯,Upland Software的營業收入預期遠遠低於整個行業。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
The most important thing to take away is that the analysts increased their loss per share estimates for next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Upland Software's future valuation.
最重要的一點是,分析師增加了明年每股虧損的估計。好的一面是,收入預測沒有發生重大變化,儘管預測表明它們的表現將不如整個行業。共識價格目標有所下降,分析師們似乎並不對最新成果感到放心,從而對Upland Software未來估值進行了較低的評估。
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Upland Software going out to 2025, and you can see them free on our platform here.
記住,我們仍然認爲公司的長期軌跡對於投資者來說更爲重要。我們有對Upland Software到2025年的預測,您可以在我們的平台上免費查看。
You should always think about risks though. Case in point, we've spotted 3 warning signs for Upland Software you should be aware of.
您應該始終考慮風險。例如,我們發現Upland Software存在3個預警信號,您應該了解這些信號。
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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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。