Golar LNG Limited (NASDAQ:GLNG) shareholders are probably feeling a little disappointed, since its shares fell 6.4% to US$38.42 in the week after its latest third-quarter results. It was an okay result overall, with revenues coming in at US$123m, roughly what the analysts had been expecting. 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.
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Taking into account the latest results, the most recent consensus for Golar LNG from six analysts is for revenues of US$375.2m in 2026. If met, it would imply a notable 15% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to ascend 17% to US$0.69. Before this earnings report, the analysts had been forecasting revenues of US$384.6m and earnings per share (EPS) of US$0.80 in 2026. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a real cut to earnings per share numbers.
Check out our latest analysis for Golar LNG
Despite the cuts to forecast earnings, there was no real change to the US$51.79 price target, showing that the analysts don’t think the changes have a meaningful impact on its intrinsic value. 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. Currently, the most bullish analyst values Golar LNG at US$57.00 per share, while the most bearish prices it at US$44.50. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
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. One thing stands out from these estimates, which is that Golar LNG is forecast to grow faster in the future than it has in the past, with revenues expected to display 12% annualised growth until the end of 2026. If achieved, this would be a much better result than the 5.0% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 3.1% per year. So it looks like Golar LNG is expected to grow faster than its competitors, at least for a while.