Banco Bradesco Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Banco Bradesco stock have an average target of 2.55, with a low estimate of 2.30 and a high estimate of 2.80. The average target predicts an increase of 20.85% from the current stock price of 2.11.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.30	$2.55	$2.80	$2.80
Change	+9.00%	+20.85%	+32.70%	+32.70%

Analyst Ratings

The average analyst rating for Banco Bradesco stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1	1	2
Buy	0	0	0	0	0	0
Hold	1	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	3	3	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Carlos Gomez-Lopez HSBC	HSBC	Hold → Strong Buy Upgrades $2.8	Hold → Strong Buy	Upgrades	$2.8	+32.70%	Jan 13, 2025
Tito Labarta Goldman Sachs	Goldman Sachs	Strong Buy Maintains $3.2 → $2.3	Strong Buy	Maintains	$3.2 → $2.3	+9.00%	Jan 10, 2025
Domingos Falavina JP Morgan	JP Morgan	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Nov 25, 2024
Tito Labarta Goldman Sachs	Goldman Sachs	Strong Buy Maintains $2.5 → $3.2	Strong Buy	Maintains	$2.5 → $3.2	+51.66%	Aug 20, 2024
Tito Labarta Goldman Sachs	Goldman Sachs	Strong Sell → Hold Upgrades $2.8	Strong Sell → Hold	Upgrades	$2.8	+32.70%	Feb 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

123.65B

Revenue Next Year

134.00B

from 123.65B

8.38%

from 123.65B

EPS This Year

1.91

from 1.34

42.29%

from 1.34

EPS Next Year

2.22

from 1.91

16.42%

from 1.91

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	123.65B	134.00B	148.38B
Revenue Growth	18.11%	-26.31%	48.35%	-10.42%	-17.81%	-	8.38%	10.73%
EPS	1.97	1.48	2.17	1.99	1.34	1.91	2.22	2.68
EPS Growth	26.77%	-24.67%	46.54%	-8.25%	-32.75%	42.29%	16.42%	21.03%
Forward PE	-	-	-	-	-	6.51	5.59	4.62
No. Analysts	-	-	-	-	-	14	14	12

Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	135.6B	142.2B	160.0B
Avg	123.6B	134.0B	148.4B
Low	110.1B	119.5B	132.9B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	15.0%	19.4%
Avg	-	8.4%	10.7%
Low	-	-3.4%	-0.8%

EPS Forecast

EPS	2024	2025	2026
High	2.31	2.55	3.10
Avg	1.91	2.22	2.68
Low	1.67	1.96	2.26

EPS Growth

EPS Growth	2024	2025	2026
High	72.5%	34.1%	39.9%
Avg	42.3%	16.4%	21.0%
Low	24.3%	2.9%	2.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.