BRF S.A. (BRFS)

BRF S.A. Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for BRF S.A. stock have an average target of 10.7, with a low estimate of 3.10 and a high estimate of 24. The average target predicts an increase of 196.40% from the current stock price of 3.61.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$3.10	$10.7	$5.00	$24
Change	-14.13%	+196.40%	+38.50%	+564.82%

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

Analyst Ratings

The average analyst rating for BRF S.A. 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	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Benjamin Theurer Barclays	Barclays	Buy Maintains $4.5 → $5	Buy	Maintains	$4.5 → $5	+38.50%	Aug 16, 2024
Isabella Simonato B of A Securities	B of A Securities	Hold Maintains $22 → $24	Hold	Maintains	$22 → $24	+564.82%	Aug 15, 2024
Benjamin Theurer Barclays	Barclays	Buy Maintains $4 → $4.5	Buy	Maintains	$4 → $4.5	+24.65%	May 17, 2024
Thiago Bortoluci Goldman Sachs	Goldman Sachs	Strong Sell → Hold Upgrades $1.9 → $3.1	Strong Sell → Hold	Upgrades	$1.9 → $3.1	-14.13%	Apr 15, 2024
Lucas Ferreira JP Morgan	JP Morgan	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Apr 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

61.96B

Increased by 15.56%

from 53.62B

Revenue Next Year

65.21B

Increased by 5.24%

from 61.96B

EPS This Year

2.25

from -1.49

EPS Next Year

1.77

Decreased by -21.35%

from 2.25

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	33.45B	39.47B	48.34B	53.81B	53.62B	61.96B	65.21B	68.25B
Revenue Growth	10.79%	18.01%	22.48%	11.30%	-0.35%	15.56%	5.24%	4.67%
EPS	0.37	1.71	0.52	-3.01	-1.49	2.25	1.77	1.49
EPS Growth	-	364.06%	-69.64%	-	-	-	-21.35%	-15.89%
Forward PE	-	-	-	-	-	9.65	12.27	14.58
No. Analysts	-	-	-	-	-	11	11	9

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

Revenue Forecast

Revenue	2024	2025	2026	2027
High	64.1B	69.8B	73.5B
Avg	62.0B	65.2B	68.2B
Low	57.9B	58.1B	61.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	19.5%	12.7%	12.8%
Avg	15.6%	5.2%	4.7%
Low	8.0%	-6.2%	-5.8%

EPS Forecast

EPS	2024	2025	2026	2027
High	3.71	3.38	2.28
Avg	2.25	1.77	1.49
Low	0.98	0.85	1.01

EPS Growth

EPS Growth	2024	2025	2026	2027
High	-	50.0%	28.6%
Avg	-	-21.4%	-15.9%
Low	-	-62.2%	-43.0%

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.