Brookfield Business Partners L.P. (BBU)

BBU Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for BBU stock have an average target of 30.33, with a low estimate of 28 and a high estimate of 32. The average target predicts an increase of 26.88% from the current stock price of 23.91.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$28	$30.33	$31	$32
Change	+17.13%	+26.88%	+29.68%	+33.86%

* Price targets were last updated on Aug 5, 2024.

Analyst Ratings

The average analyst rating for BBU stock from 3 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	4	4	4	4	4	3
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Geoffrey Kwan RBC Capital	RBC Capital	Buy Reiterates $32	Buy	Reiterates	$32	+33.86%	Aug 5, 2024
Devin Dodge BMO Capital	BMO Capital	Buy Maintains $30 → $31	Buy	Maintains	$30 → $31	+29.68%	May 6, 2024
Phil Hardie Scotiabank	Scotiabank	Buy Maintains $27 → $28	Buy	Maintains	$27 → $28	+17.13%	Feb 5, 2024
Devin Dodge BMO Capital	BMO Capital	Buy Maintains $28 → $30	Buy	Maintains	$28 → $30	+25.50%	Jan 24, 2024
Geoffrey Kwan RBC Capital	RBC Capital	Buy Initiates $28	Buy	Initiates	$28	+17.13%	Nov 13, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

58.78B

Increased by 6.74%

from 55.07B

Revenue Next Year

72.42B

Increased by 23.21%

from 58.78B

EPS This Year

0.38

Decreased by -82.73%

from 2.22

EPS Next Year

1.29

Increased by 236.84%

from 0.38

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	43.03B	37.64B	46.59B	57.39B	55.07B	58.78B	72.42B
Revenue Growth	15.78%	-12.54%	23.79%	23.18%	-4.04%	6.74%	23.21%
EPS	0.31	-0.61	1.74	0.17	2.22	0.38	1.29
EPS Growth	-46.33%	-	-	-90.50%	1,240.94%	-82.73%	236.84%
Forward PE	-	-	-	-	-	62.29	18.49
No. Analysts	-	-	-	-	-	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	61.1B	75.3B
Avg	58.8B	72.4B
Low	57.0B	70.3B

Revenue Growth

Revenue Growth	2024	2025
High	11.0%	28.1%
Avg	6.7%	23.2%
Low	3.6%	19.5%

EPS Forecast

EPS	2024	2025
High	0.40	1.34
Avg	0.38	1.29
Low	0.37	1.25

EPS Growth

EPS Growth	2024	2025
High	-82.0%	250.2%
Avg	-82.7%	236.8%
Low	-83.2%	226.8%

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.