Alps Alpine Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Simplywall
2026.05.04 02:03
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Alps Alpine Co., Ltd. (TSE:6770) reported a statutory profit of JP¥135 per share, exceeding analyst expectations by 16%, despite a 10% drop in stock price to JP¥2,013. Analysts predict revenues for 2027 to be JP¥1.01t, slightly down from previous estimates, but EPS is expected to rise by 9% to JP¥150. The consensus price target remains at JP¥2,180, indicating mixed analyst sentiment with a wide range of price targets. Overall, while earnings sentiment has improved, revenue growth is expected to lag behind industry averages.