Published on 6 Aug 2023 on Simply Wall St. via Yahoo Finance

Analysts Are More Bearish On uniQure N.V. (NASDAQ:QURE) Than They Used To Be

The latest analyst coverage could presage a bad day for uniQure N.V. (NASDAQ:QURE), with the analysts making across-the-board cuts to their statutory estimates that might leave shareholders a little shell-shocked. Revenue and earnings per share (EPS) forecasts were both revised downwards, with analysts seeing grey clouds on the horizon.

Following the latest downgrade, the current consensus, from the 16 analysts covering uniQure, is for revenues of US$107m in 2023, which would reflect a perceptible 4.1% reduction in uniQure's sales over the past 12 months. Per-share losses are expected to see a sharp uptick, reaching US$4.34. However, before this estimates update, the consensus had been expecting revenues of US$238m and US$1.29 per share in losses. Ergo, there's been a clear change in sentiment, with the analysts administering a notable cut to this year's revenue estimates, while at the same time increasing their loss per share forecasts.

Check out our latest analysis for uniQure