Banco Bradesco S.A. (BBDO)
NYSE: BBDO · IEX Real-Time Price · USD
2.340
+0.030 (1.30%)
Apr 19, 2024, 2:37 PM EDT - Market open
Banco Bradesco Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Banco Bradesco stock has a target of 2.80, which predicts an increase of 19.66% from the current stock price of 2.34.
Analyst Consensus: Hold
* Price targets were last updated on Feb 20, 2024.
Analyst Ratings
The average analyst rating for Banco Bradesco stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 1 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell → Hold Upgrades $2.8 | Strong Sell → Hold | Upgrades | $2.8 | +19.66% | Feb 20, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $3.2 → $2.8 | Strong Sell | Maintains | $3.2 → $2.8 | +19.66% | Feb 8, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Sell Downgrades $3.2 | Hold → Strong Sell | Downgrades | $3.2 | +36.75% | Jan 9, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $3.5 | Strong Buy | Initiates | $3.5 | +49.57% | Oct 16, 2023 |
Financial Forecast
Revenue This Year
121.74B
from 81.87B
Increased by 48.70%
Revenue Next Year
125.49B
from 121.74B
Increased by 3.08%
EPS This Year
1.79
from 1.87
Decreased by -4.11%
EPS Next Year
1.81
from 1.79
Increased by 0.93%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 131.0B | 131.2B | 147.2B | 163.5B |
| Avg | 121.7B | 125.5B | 137.6B | 148.3B |
| Low | 107.9B | 108.0B | 118.7B | 127.9B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 60.0% | 7.8% | 17.3% | 18.8% |
| Avg | 48.7% | 3.1% | 9.7% | 7.8% |
| Low | 31.8% | -11.3% | -5.4% | -7.0% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 2.06 | 2.19 | 2.70 | 3.21 |
| Avg | 1.79 | 1.81 | 2.42 | 3.00 |
| Low | 1.61 | 1.58 | 1.94 | 2.65 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 10.1% | 22.4% | 49.1% | 32.5% |
| Avg | -4.1% | 0.9% | 33.9% | 23.6% |
| Low | -14.1% | -12.0% | 7.2% | 9.1% |
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.