Instructure Holdings, Inc. (NYSE:INST) shareholders are probably feeling a little disappointed, since its shares fell 6.9% to US$22.71 in the week after its latest yearly results. Revenues came in at US$530m, in line with forecasts and the company reported a statutory loss of US$0.24 per share, roughly in line with expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

See our latest analysis for Instructure Holdings

Following the latest results, Instructure Holdings' ten analysts are now forecasting revenues of US$661.4m in 2024. This would be a major 25% improvement in revenue compared to the last 12 months. Per-share losses are expected to explode, reaching US$0.29 per share. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$580.2m and losses of US$0.11 per share in 2024. So there's been quite a change-up of views after the recent consensus updates, with the analysts significantly increasing their revenue forecasts while also expecting losses per share to increase. It looks like the top line growth will not be achieved without incremental costs.

There was no major change to the consensus price target of US$30.40, with growing revenues seemingly enough to offset the concern of growing losses. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Instructure Holdings, with the most bullish analyst valuing it at US$35.00 and the most bearish at US$28.00 per share. This is a very narrow spread of estimates, implying either that Instructure Holdings is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's clear from the latest estimates that Instructure Holdings' rate of growth is expected to accelerate meaningfully, with the forecast 25% annualised revenue growth to the end of 2024 noticeably faster than its historical growth of 19% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 12% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Instructure Holdings is expected to grow much faster than its industry.