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As you might know, Excelerate Energy, Inc. (NYSE:EE) just kicked off its latest first-quarter results with some very strong numbers. Revenue of US$315m beat expectations by 52% and statutory earnings per share (EPS) of US$0.46 exceeded forecasts by 16%. 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.
Taking into account the latest results, the consensus forecast from Excelerate Energy's five analysts is for revenues of US$1.12b in 2025. This reflects a meaningful 16% improvement in revenue compared to the last 12 months. Per-share earnings are expected to soar 55% to US$1.47. Before this earnings report, the analysts had been forecasting revenues of US$900.2m and earnings per share (EPS) of US$1.39 in 2025. Sentiment certainly seems to have improved after the latest results, with a massive increase in revenue and a small increase to earnings per share estimates.
Check out our latest analysis for Excelerate Energy
Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$32.10, suggesting that the forecast performance does not have a long term impact on the company's valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Excelerate Energy analyst has a price target of US$37.00 per share, while the most pessimistic values it at US$23.00. 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. For example, we noticed that Excelerate Energy's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 21% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 30% a year over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 3.5% per year. So it looks like Excelerate Energy is expected to grow faster than its competitors, at least for a while.