Investors in Excelerate Energy, Inc. (NYSE:EE) had a good week, as its shares rose 9.5% to close at US$26.59 following the release of its third-quarter results. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at US$193m, statutory earnings beat expectations by a notable 13%, coming in at US$0.35 per share. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

See our latest analysis for Excelerate Energy

Taking into account the latest results, the most recent consensus for Excelerate Energy from six analysts is for revenues of US$889.4m in 2025. If met, it would imply a meaningful 8.9% increase on its revenue over the past 12 months. Per-share earnings are expected to soar 22% to US$1.29. In the lead-up to this report, the analysts had been modelling revenues of US$888.7m and earnings per share (EPS) of US$1.23 in 2025. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

The consensus price target was unchanged at US$24.10, 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. There are some variant perceptions on Excelerate Energy, with the most bullish analyst valuing it at US$28.00 and the most bearish at US$19.00 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.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Excelerate Energy's revenue growth is expected to slow, with the forecast 7.0% annualised growth rate until the end of 2025 being well below the historical 11% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 3.0% annually. Even after the forecast slowdown in growth, it seems obvious that Excelerate Energy is also expected to grow faster than the wider 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 Excelerate Energy following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Excelerate Energy. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Excelerate Energy analysts - going out to 2026, and you can see them free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, 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.