Does anyone know how yahoo calculates Growth Estimates for the Next 5 Years (per annum)? For example, I can see 12.64% for AAPL as reporetd in Yahoo finance in https://finance.yahoo.com/quote/AAPL/analysis?p=AAPL.
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5 year forward estimates comes from Refinitiv IBES (Institutional Broker Estimate System). It will be the mean estimate from all the analyst that cover the stock that report into IBES. It’s used industry wide.