Gerdau S.A. (GGB)
NYSE: GGB · Real-Time Price · USD
3.470
+0.040 (1.17%)
Nov 20, 2024, 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 44.09% from the current stock price of 3.47.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $5.00 $5.00 $5.00 $5.00
Change +44.09% +44.09% +44.09% +44.09%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Strong Buy
Upgrades
$4.5$5
Strong Buy Upgrades $4.5$5 +44.09% May 24, 2024
JP Morgan
JP Morgan
Buy
Upgrades
$4.17$5
Buy Upgrades $4.17$5 +44.09% Apr 15, 2024
B of A Securities
B of A Securities
Hold
Downgrades
$4.67$4.25
Hold Downgrades $4.67$4.25 +22.48% Nov 20, 2023
JP Morgan
JP Morgan
Hold
Downgrades
$5.56$4.76
Hold Downgrades $5.56$4.76 +37.18% Feb 9, 2023
Credit Suisse
Credit Suisse
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Sep 9, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
68.43B
from 68.92B
Decreased by -0.71%
Revenue Next Year
70.33B
from 68.43B
Increased by 2.78%
EPS This Year
2.81
from 3.55
Decreased by -20.75%
EPS Next Year
2.85
from 2.81
Increased by 1.26%
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
39.64B43.81B78.35B82.41B68.92B68.43B70.33B74.50B
Revenue Growth
-14.12%10.52%78.81%5.19%-16.38%-0.71%2.78%5.93%
EPS
0.561.107.185.413.552.812.852.77
EPS Growth
-47.55%96.37%553.97%-24.57%-34.39%-20.75%1.26%-2.68%
Forward PE
-----7.127.037.22
No. Analysts -----12129
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 71.7B 75.5B 80.0B
Avg 68.4B 70.3B 74.5B
Low 63.3B 61.7B 65.2B

Revenue Growth

Revenue Growth 2024202520262027
High
4.0%
10.3%
13.8%
Avg
-0.7%
2.8%
5.9%
Low
-8.1%
-9.9%
-7.3%

EPS Forecast

EPS 202420252026
High 3.72 3.47 3.74
Avg 2.81 2.85 2.77
Low 2.08 2.01 2.10

EPS Growth

EPS Growth 202420252026
High
4.7%
23.1%
31.2%
Avg
-20.8%
1.3%
-2.7%
Low
-41.5%
-28.6%
-26.4%
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.