This article first appeared on GuruFocus.

Reach Subsea ASA (OSL:REACH) is set to release its Q3 2025 earnings on Nov 18, 2025. The consensus estimate for Q3 2025 revenue is $0.78 billion, and the earnings are expected to come in at $0.33 per share. The full year 2025's revenue is expected to be $2.92 billion and the earnings are expected to be $0.83 per share. More detailed estimate data can be found on the Forecast page.

Warning! GuruFocus has detected 6 Warning Signs with OSL:REACH.

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Revenue estimates for Reach Subsea ASA (OSL:REACH) have increased from $2.91 billion to $2.92 billion for the full year 2025 and declined from $3.20 billion to $3.10 billion for 2026 over the past 90 days. Earnings estimates have decreased from $0.87 per share to $0.83 per share for the full year 2025 and remained flat at $1.20 per share for 2026 over the past 90 days.

In the previous quarter of 2025-06-30, Reach Subsea ASA's (OSL:REACH) actual revenue was $0.68 billion, which missed analysts' revenue expectations of $0.75 billion by -8.96%. Reach Subsea ASA's (OSL:REACH) actual earnings were $0.22 per share, which missed analysts' earnings expectations of $0.29 per share by -24.14%. After releasing the results, Reach Subsea ASA (OSL:REACH) was down by -7.42% in one day.

Based on the one-year price targets offered by 1 analyst, the average target price for Reach Subsea ASA (OSL:REACH) is $8.50 with a high estimate of $8.50 and a low estimate of $8.50. The average target implies an upside of 22.30% from the current price of $6.95.

Based on GuruFocus estimates, the estimated GF Value for Reach Subsea ASA (OSL:REACH) in one year is $7.65, suggesting an upside of 10.07% from the current price of $6.95.

Based on the consensus recommendation from 1 brokerage firm, Reach Subsea ASA's (OSL:REACH) average brokerage recommendation is currently 2.0, indicating an \\"Outperform\\" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.