Siltronic AG (ETR:WAF) defied analyst predictions to release its third-quarter results, which were ahead of market expectations. The company beat forecasts, with revenue of €357m, some 4.1% above estimates, and statutory earnings per share (EPS) coming in at €0.60, 1,724% ahead of 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Siltronic after the latest results.

Check out our latest analysis for Siltronic

Taking into account the latest results, the current consensus from Siltronic's eleven analysts is for revenues of €1.54b in 2025. This would reflect a decent 9.0% increase on its revenue over the past 12 months. Statutory earnings per share are expected to tumble 53% to €1.49 in the same period. Before this earnings report, the analysts had been forecasting revenues of €1.60b and earnings per share (EPS) of €1.30 in 2025. While revenue forecasts have been revised downwards, the analysts look to have become more optimistic on the company's cost base, given the nice gain to to the earnings per share numbers.

There's been no real change to the average price target of €83.91, with the lower revenue and higher earnings forecasts not expected to meaningfully impact the company's valuation over a longer timeframe. 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. Currently, the most bullish analyst values Siltronic at €104 per share, while the most bearish prices it at €59.00. 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.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Siltronic's rate of growth is expected to accelerate meaningfully, with the forecast 7.1% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 5.7% p.a. over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 7.7% per year. Siltronic is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.