Analysts' Predictions for Spark New Zealand Limited (NZSE:SPK) Following Its Annual Results

Earnings Report Overview: Spark New Zealand Limited reported yearly revenues of NZ$3.7 billion, meeting analyst expectations, but statutory earnings per share fell short by 2.1%, reaching NZ$0.14.

Analyst Forecast Adjustments: Following the earnings report, analysts downgraded their revenue and earnings per share estimates for 2026, projecting revenues at NZ$3.67 billion and EPS at NZ$0.14, reflecting a decline in sentiment.

Price Target Stability: Despite the downgrades, analysts maintained a price target of NZ$2.91 for Spark New Zealand, indicating that the changes are not expected to significantly affect the company's long-term valuation.

Industry Comparison: Spark New Zealand's forecasted revenue decline contrasts with the broader industry, which is expected to grow at an annual rate of 3.1%, highlighting potential underperformance relative to competitors.