Gerdau S.A. (GGB)

Gerdau Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Gerdau stock have an average target of 5.00, which predicts an increase of 71.23% from the current stock price of 2.92.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$5.00	$5.00	$5.00	$5.00
Change	+71.23%	+71.23%	+71.23%	+71.23%

* Price targets were last updated on May 24, 2024.

Analyst Ratings

The average analyst rating for Gerdau 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Caio Greiner UBS	UBS	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Mar 12, 2025
Caio Ribeiro B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $4.5 → $5	Hold → Strong Buy	Upgrades	$4.5 → $5	+71.23%	May 24, 2024
Rodolfo Angele JP Morgan	JP Morgan	Hold → Buy Upgrades $4.17 → $5	Hold → Buy	Upgrades	$4.17 → $5	+71.23%	Apr 15, 2024
Caio Ribeiro B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $4.67 → $4.25	Strong Buy → Hold	Downgrades	$4.67 → $4.25	+45.55%	Nov 20, 2023
Rodolfo Angele JP Morgan	JP Morgan	Buy → Hold Downgrades $5.56 → $4.76	Buy → Hold	Downgrades	$5.56 → $4.76	+63.01%	Feb 9, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

72.39B

Increased by 8.01%

from 67.03B

Revenue Next Year

75.98B

Increased by 4.95%

from 72.39B

EPS This Year

2.71

Increased by 24.80%

from 2.18

EPS Next Year

2.77

Increased by 2.17%

from 2.71

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	43.81B	78.35B	82.41B	68.92B	67.03B	72.39B	75.98B	82.30B
Revenue Growth	10.52%	78.81%	5.19%	-16.38%	-2.74%	8.01%	4.95%	8.32%
EPS	1.10	7.18	5.41	3.56	2.18	2.71	2.77	3.01
EPS Growth	96.37%	553.97%	-24.57%	-34.32%	-38.83%	24.80%	2.17%	8.45%
Forward PE	-	-	-	-	-	6.20	6.06	5.59
No. Analysts	-	-	-	-	-	13	10	7

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	77.8B	81.9B	85.2B
Avg	72.4B	76.0B	82.3B
Low	65.5B	66.9B	76.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	16.0%	13.1%	12.1%
Avg	8.0%	5.0%	8.3%
Low	-2.2%	-7.6%	1.3%

EPS Forecast

EPS	2025	2026	2027
High	3.27	3.59	3.87
Avg	2.71	2.77	3.01
Low	1.91	2.33	2.45

EPS Growth

EPS Growth	2025	2026	2027
High	50.1%	32.2%	39.7%
Avg	24.8%	2.2%	8.4%
Low	-12.1%	-14.1%	-11.7%

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.