Gerdau (GGB) Stock Forecast, Price Target & Predictions
GGB Stock Forecast
Gerdau (GGB) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $5.00, with a high of $5.00 and a low of $5.00. This represents a 66.11% increase from the last price of $3.01.
GGB Stock Rating
Gerdau stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (87.50%), 1 Hold (12.50%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
GGB Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Gerdau | 66.11% |
Sector | Basic Materials Stocks | 10.98% |
Industry | Steel Stocks List | 18.38% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $5.00 |
Last Closing Price | $3.01 | $3.01 | $3.01 |
Upside/Downside | - | - | 66.11% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jun, 25 | 3 | - | 3 | - | - | 6 |
May, 25 | 3 | - | 3 | - | - | 6 |
Apr, 25 | 3 | 1 | 2 | - | - | 6 |
Mar, 25 | 3 | 1 | 1 | - | - | 5 |
Feb, 25 | 3 | 1 | 1 | - | - | 5 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 09, 2024 | Caio Ribeiro | Bank of America Securities | $5.00 | $3.26 | 53.37% | 66.11% |
Apr 18, 2022 | Timna Tanners | Bank of America Securities | $8.71 | $5.70 | 52.81% | 189.37% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jan 09, 2025 | Bradesco | Neutral | downgrade | |
May 24, 2024 | Bank of America Securities | Buy | upgrade | |
May 06, 2024 | Itau BBA | Outperform | upgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $1.34 | $8.69 | $6.22 | $4.26 | - | - | - | - | - |
Avg Forecast | $0.22 | $1.23 | $1.14 | $0.76 | $0.41 | $0.44 | $0.44 | $0.50 | - |
High Forecast | $0.23 | $1.25 | $1.19 | $0.81 | $0.43 | $0.46 | $0.47 | $0.53 | - |
Low Forecast | $0.22 | $1.20 | $1.10 | $0.75 | $0.37 | $0.41 | $0.42 | $0.47 | - |
Surprise % | 509.09% | 606.50% | 445.61% | 460.53% | - | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $43.81B | $78.35B | $82.41B | $68.92B | - | - | - | - | - |
Avg Forecast | $7.97B | $14.12B | $16.08B | $14.15B | $11.36B | $11.95B | $12.12B | $13.23B | $15.47B |
High Forecast | $8.11B | $14.37B | $16.56B | $14.83B | $11.91B | $12.52B | $12.70B | $13.86B | $16.21B |
Low Forecast | $7.83B | $13.87B | $15.66B | $13.57B | $10.90B | $11.46B | $11.62B | $12.69B | $14.84B |
Surprise % | 449.49% | 454.91% | 412.45% | 386.97% | - | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $2.37B | $15.49B | $11.43B | $7.50B | - | - | - | - | - |
Avg Forecast | $472.12M | $2.59B | $2.41B | $50.07B | $857.93M | $929.35M | $927.37M | $1.05B | - |
High Forecast | $482.87M | $2.65B | $2.50B | $60.09B | $901.92M | $966.52M | $984.81M | $1.11B | - |
Low Forecast | $461.37M | $2.53B | $2.33B | $40.06B | $791.93M | $873.60M | $878.10M | $991.85M | - |
Surprise % | 401.09% | 498.78% | 373.99% | -85.02% | - | - | - | - | - |