Gerdau (GGB) Stock Forecast, Price Target & Predictions


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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.

High: $5 Avg: $5 Low: $5 Last Closed Price: $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
Total 8 0 1 7 Strong Sell Sell Hold Buy Strong Buy

GGB Price Target Upside V Benchmarks


TypeNameUpside
StockGerdau66.11%
SectorBasic Materials Stocks 10.98%
IndustrySteel Stocks List18.38%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$5.00
Last Closing Price$3.01$3.01$3.01
Upside/Downside--66.11%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 253-3--6
May, 253-3--6
Apr, 25312--6
Mar, 25311--5
Feb, 25311--5
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 09, 2024Caio RibeiroBank of America Securities$5.00$3.2653.37%66.11%
Apr 18, 2022Timna TannersBank of America Securities$8.71$5.7052.81%189.37%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 09, 2025BradescoNeutraldowngrade
May 24, 2024Bank of America SecuritiesBuyupgrade
May 06, 2024Itau BBAOutperformupgrade

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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

$5B $21B $37B $53B $69B $85B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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%-----

GGB Forecast FAQ


Is Gerdau stock a buy?

Gerdau stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Gerdau is a favorable investment for most analysts.

What is Gerdau's price target?

Gerdau's price target, set by 8 Wall Street analysts, averages $5 over the next 12 months. The price target range spans from $5 at the low end to $5 at the high end, suggesting a potential 66.11% change from the previous closing price of $3.01.

How does Gerdau stock forecast compare to its benchmarks?

Gerdau's stock forecast shows a 66.11% upside, outperforming the average forecast for the basic materials stocks sector (10.98%) and outperforming the steel stocks list industry (18.38%).

What is the breakdown of analyst ratings for Gerdau over the past three months?

  • June 2025: 50.00% Strong Buy, 0% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 50.00% Strong Buy, 0% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 50.00% Strong Buy, 16.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.

What is Gerdau’s EPS forecast?

Gerdau's average annual EPS forecast for its fiscal year ending in December 2024 is $0.41, marking a -90.38% decrease from the reported $4.26 in 2023. Estimates for the following years are $0.44 in 2025, $0.44 in 2026, $0.5 in 2027, and $0 in 2028.

What is Gerdau’s revenue forecast?

Gerdau's average annual revenue forecast for its fiscal year ending in December 2024 is $11.36B, reflecting a -83.51% decrease from the reported $68.92B in 2023. The forecast for 2025 is $11.95B, followed by $12.12B for 2026, $13.23B for 2027, and $15.47B for 2028.

What is Gerdau’s net income forecast?

Gerdau's net income forecast for the fiscal year ending in December 2024 stands at $857.93M, representing a -88.56% decrease from the reported $7.5B in 2023. Projections indicate $929.35M in 2025, $927.37M in 2026, $1.05B in 2027, and $0 in 2028.