Gerdau S.A. (GGB)
NYSE: GGB · Real-Time Price · USD
2.820
-0.070 (-2.42%)
Feb 21, 2025, 4:00 PM EST - Market closed
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 77.30% from the current stock price of 2.82.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for Gerdau stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $4.5 → $5 | Hold → Strong Buy | Upgrades | $4.5 → $5 | +77.30% | May 24, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $4.17 → $5 | Hold → Buy | Upgrades | $4.17 → $5 | +77.30% | Apr 15, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $4.67 → $4.25 | Strong Buy → Hold | Downgrades | $4.67 → $4.25 | +50.71% | Nov 20, 2023 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $5.56 → $4.76 | Buy → Hold | Downgrades | $5.56 → $4.76 | +68.79% | Feb 9, 2023 |
| Credit Suisse | Credit Suisse | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Sep 9, 2021 |
Financial Forecast
Revenue This Year
68.74B
from 68.92B
Decreased by -0.26%
Revenue Next Year
72.96B
from 68.74B
Increased by 6.15%
EPS This Year
2.70
from 3.55
Decreased by -24.03%
EPS Next Year
2.90
from 2.70
Increased by 7.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 70.7B | 77.8B | 81.9B | |
| Avg | 68.7B | 73.0B | 76.7B | |
| Low | 64.6B | 65.5B | 66.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.6% | 13.2% | 12.3% | |
| Avg | -0.3% | 6.1% | 5.1% | |
| Low | -6.3% | -4.7% | -8.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.42 | 3.27 | 3.74 |
| Avg | 2.70 | 2.90 | 2.95 |
| Low | 2.07 | 2.48 | 2.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.6% | 21.0% | 29.1% |
| Avg | -24.0% | 7.4% | 1.8% |
| Low | -41.8% | -8.2% | -14.5% |
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.