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Stock impact report

Broker Revenue Forecasts For Silence Therapeutics plc (NASDAQ:SLN) Are Surging Higher [Yahoo! Finance]

Silence Therapeutics Plc - American Depository Share (SLN) 
Company Research Source: Yahoo! Finance
The analysts have sharply increased their revenue numbers, with a view that Silence Therapeutics will make substantially more sales than they'd previously expected. Following the latest upgrade, the five analysts covering Silence Therapeutics provided consensus estimates of UK£23m revenue in 2024, which would reflect an uneasy 19% decline on its sales over the past 12 months. Prior to the latest estimates, the analysts were forecasting revenues of UK£21m in 2024. The consensus has definitely become more optimistic, showing a solid increase in revenue forecasts. See our latest analysis for Silence Therapeutics Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that sales are expected to reverse, with a forecast 15% annualised revenue decline to the end of 2024. That is a notable ch Show less Read more
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