Fast Retailing Co., Ltd. Just Beat EPS By 38%: Here's What Analysts Think Will Happen Next

Shareholders of Fast Retailing Co., Ltd. (TSE:9983) will be pleased this week, given that the stock price is up 15% to JP¥75,050 following its latest half-yearly results. Revenues were JP¥2.1t, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at JP¥430, an impressive 38% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Fast Retailing after the latest results.This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.TSE:9983 Earnings and Revenue Growth April 13th 2026 Taking into account the latest results, the consensus forecast from Fast Retailing's 14 analysts is for revenues of JP¥3.87t in 2026. This reflects an okay 5.6% improvement in revenue compared to the last 12 months. Statutory per-share earnings are expected to be JP¥1,561, roughly flat on the last 12 months. Before this earnings report, the analysts had been forecasting revenues of JP¥3.81t and earnings per share (EPS) of JP¥1,515 in 2026. So the consensus seems to have become somewhat more optimistic on Fast Retailing's earnings potential following these results. View our latest analysis for Fast Retailing The consensus price target was unchanged at JP¥68,764, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Fast Retailing at JP¥77,000 per share, while the most bearish prices it at JP¥56,000. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Fast Retailing shareholders. Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of Fast Retailing'shistorical trends, as the 12% annualised revenue growth to the end of 2026 is roughly in line with the 12% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 8.1% annually. So it's pretty clear that Fast Retailing is forecast to grow substantially faster than its industry. The Bottom Line The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Fast Retailing's earnings potential next year. 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 said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Fast Retailing analysts - going out to 2028, and you can see them free on our platform here. You still need to take note of risks, for example - Fast Retailing has 1 warning sign we think you should be aware of. New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for Free