Banco Macro Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Banco Macro stock have an average target of 50.83, with a low estimate of 12.5 and a high estimate of 78. The average target predicts a decrease of -48.89% from the current stock price of 99.45.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$12.5	$50.83	$62	$78
Change	-87.43%	-48.89%	-37.66%	-21.57%

* Price targets were last updated on Dec 16, 2024.

Analyst Ratings

The average analyst rating for Banco Macro stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jorge Kuri Morgan Stanley	Morgan Stanley	Sell → Buy Upgrades $13	Sell → Buy	Upgrades	$13	-87.43%	Dec 16, 2024
Domingos Falavina JP Morgan	JP Morgan	Sell → Hold Upgrades $14 → $78	Sell → Hold	Upgrades	$14 → $78	-21.57%	Aug 30, 2024
Ernesto Gabilondo B of A Securities	B of A Securities	Sell → Hold Upgrades $53 → $62	Sell → Hold	Upgrades	$53 → $62	-37.66%	Aug 8, 2024
Domingos Falavina JP Morgan	JP Morgan	Hold → Sell Downgrades $15 → $12	Hold → Sell	Downgrades	$15 → $12	-87.93%	Jan 31, 2022
Alonso Garcia Credit Suisse	Credit Suisse	Sell → Hold Upgrades n/a	Sell → Hold	Upgrades	n/a	n/a	Nov 23, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

4,114.52B

Revenue Next Year

4,119.93B

from 4,114.52B

0.13%

from 4,114.52B

EPS This Year

554.04

from 918.51

-39.68%

from 918.51

EPS Next Year

1.20K

from 554.04

116.42%

from 554.04

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	-	-	-	-	-	4,114.52B	4,119.93B	4,250.10B
Revenue Growth	107.13%	284.85%	-6.56%	315.91%	83.58%	-	0.13%	3.16%
EPS	41.41	120.27	69.68	209.61	918.51	554.04	1,199.03	1,535.24
EPS Growth	74.05%	190.45%	-42.06%	200.81%	338.20%	-39.68%	116.42%	28.04%
Forward PE	-	-	-	-	-	188.64	87.17	68.08
No. Analysts	-	-	-	-	-	5	5	4

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

Revenue Forecast

Revenue	2024	2025	2026
High	4.6T	4.8T	4.7T
Avg	4.1T	4.1T	4.3T
Low	3.8T	3.4T	3.8T

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	17.2%	14.3%
Avg	-	0.1%	3.2%
Low	-	-16.2%	-8.4%

EPS Forecast

EPS	2024	2025	2026
High	756.03	1,382.81	1,854.41
Avg	554.04	1,199.03	1,535.24
Low	422.59	1,007.20	1,219.28

EPS Growth

EPS Growth	2024	2025	2026
High	-17.7%	149.6%	54.7%
Avg	-39.7%	116.4%	28.0%
Low	-54.0%	81.8%	1.7%

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.