Investors in TeamViewer SE (ETR:TMV) had a good week, as its shares rose 8.4% to close at €14.53 following the release of its full-year results. It looks like a credible result overall - although revenues of €627m were in line with what the analysts predicted, TeamViewer surprised by delivering a statutory profit of €0.66 per share, a notable 13% above expectations. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for TeamViewer

Taking into account the latest results, the current consensus from TeamViewer's 13 analysts is for revenues of €672.6m in 2024. This would reflect an okay 7.3% increase on its revenue over the past 12 months. Statutory per share are forecast to be €0.70, approximately in line with the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of €672.9m and earnings per share (EPS) of €0.69 in 2024. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of €17.20, suggesting that the company has met expectations in its recent result. 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. There are some variant perceptions on TeamViewer, with the most bullish analyst valuing it at €21.00 and the most bearish at €13.00 per share. 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.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the TeamViewer's past performance and to peers in the same industry. It's pretty clear that there is an expectation that TeamViewer's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 7.3% growth on an annualised basis. This is compared to a historical growth rate of 14% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 9.3% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than TeamViewer.