Delcath Systems, Inc. (NASDAQ:DCTH) shareholders are probably feeling a little disappointed, since its shares fell 8.3% to US$13.00 in the week after its latest annual results. The statutory results were not great - while revenues of US$37m were in line with expectations,Delcath Systems lost US$0.93 a share in the process. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Delcath Systems after the latest results.

Check out our latest analysis for Delcath Systems

Taking into account the latest results, the consensus forecast from Delcath Systems' six analysts is for revenues of US$83.5m in 2025. This reflects a substantial 125% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 84% to US$0.13. Before this earnings announcement, the analysts had been modelling revenues of US$77.6m and losses of US$0.14 per share in 2025. It looks like there's been a modest increase in sentiment in the recent updates, with the analysts becoming a bit more optimistic in their predictions for both revenues and losses per share.

Despite these upgrades,the analysts have not made any major changes to their price target of US$22.50, implying that their latest estimates don't have a long term impact on what they think the stock is worth. 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 Delcath Systems at US$25.00 per share, while the most bearish prices it at US$21.00. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Delcath Systems' past performance and to peers in the same industry. The analysts are definitely expecting Delcath Systems' growth to accelerate, with the forecast 125% annualised growth to the end of 2025 ranking favourably alongside historical growth of 61% per annum 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 7.8% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Delcath Systems to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at US$22.50, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Delcath Systems going out to 2027, and you can see them free on our platform here.

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Delcath Systems that you should be aware of.

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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.