Vestas Wind Systems A/S (CPH:VWS) just released its quarterly report and things are looking bullish. The company beat forecasts, with revenue of €4.0b, some 3.7% above estimates, and statutory earnings per share (EPS) coming in at €0.08, 168% ahead of expectations. 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.
CPSE:VWS Earnings and Revenue Growth May 8th 2026
Taking into account the latest results, the consensus forecast from Vestas Wind Systems’ 25 analysts is for revenues of €21.1b in 2026. This reflects a solid 9.3% improvement in revenue compared to the last 12 months. Per-share earnings are expected to soar 27% to €1.10. Before this earnings report, the analysts had been forecasting revenues of €21.1b and earnings per share (EPS) of €1.07 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
See our latest analysis for Vestas Wind Systems
The consensus price target was unchanged at kr.187, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. 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. The most optimistic Vestas Wind Systems analyst has a price target of kr.240 per share, while the most pessimistic values it at kr.80.01. So we wouldn’t be assigning too much credibility to analyst price targets in this case, because there are clearly some widely different views on what kind of performance this business can generate. With this in mind, we wouldn’t rely too heavily the consensus price target, as it is just an average and analysts clearly have some deeply divergent views on the business.
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 clear from the latest estimates that Vestas Wind Systems’ rate of growth is expected to accelerate meaningfully, with the forecast 13% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 5.2% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 8.9% per year. Factoring in the forecast acceleration in revenue, it’s pretty clear that Vestas Wind Systems is expected to grow much faster than its industry.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Vestas Wind Systems following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at kr.187, with the latest estimates not enough to have an impact on their price targets.
With that said, the long-term trajectory of the company’s earnings is a lot more important than next year. We have forecasts for Vestas Wind Systems going out to 2028, and you can see them free on our platform here.
We also provide an overview of the Vestas Wind Systems Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.
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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.