Gerdau S.A. (GGB)
NYSE: GGB · IEX Real-Time Price · USD
4.410
+0.020 (0.46%)
Mar 28, 2024, 1:22 PM EDT - Market open

Gerdau Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Gerdau stock has a target of 5.10, which predicts an increase of 15.65% from the current stock price of 4.41.

Analyst Consensus: Hold
Target Low Average Median High
Price $5.10 $5.10 $5.10 $5.10
Change +15.65% +15.65% +15.65% +15.65%
* Price targets were last updated on Nov 20, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for Gerdau is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 00000
Buy 00000
Hold 22221
Sell 00000
Strong Sell 00000
Total 22221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Hold
Downgrades
$5.6$5.1
Hold Downgrades $5.6$5.1 +15.65% Nov 20, 2023
JP Morgan
JP Morgan
Hold
Downgrades
$6.67$5.71
Hold Downgrades $6.67$5.71 +29.48% Feb 9, 2023
Credit Suisse
Credit Suisse
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Sep 9, 2021
JP Morgan
JP Morgan
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Sep 1, 2017
More Analyst Ratings

Financial Forecast

Revenue This Year
72.12B
from 82.41B
Decreased by -12.49%
Revenue Next Year
68.73B
from 72.12B
Decreased by -4.70%
EPS This Year
4.83
from 6.19
Decreased by -22.01%
EPS Next Year
3.16
from 4.83
Decreased by -34.61%
Year 2018201920202021202220232024202520262027
Revenue
46.16B39.64B43.81B78.35B82.41B72.12B68.73B70.50B73.18B73.65B
Revenue Growth
25.03%-14.12%10.52%78.81%5.19%-12.49%-4.70%2.58%3.80%0.64%
EPS
1.280.671.318.616.194.833.163.293.02-
EPS Growth
--47.73%97.00%555.25%-28.11%-22.01%-34.61%4.22%-8.11%-
No. Analysts -----15151255
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
High 76.2B 73.0B 77.4B 79.1B 83.3B
Avg 72.1B 68.7B 70.5B 73.2B 73.6B
Low 67.0B 62.7B 63.1B 64.6B 62.4B

Revenue Growth

Revenue Growth 20232024202520262027
High
-7.6%
1.3%
12.6%
12.2%
13.8%
Avg
-12.5%
-4.7%
2.6%
3.8%
0.6%
Low
-18.7%
-13.0%
-8.2%
-8.3%
-14.7%

EPS Forecast

EPS 2023202420252026
High 6.28 5.55 6.05 3.36
Avg 4.83 3.16 3.29 3.02
Low 3.95 1.85 2.30 2.62

EPS Growth

EPS Growth 2023202420252026
High
1.4%
15.1%
91.6%
2.1%
Avg
-22.0%
-34.6%
4.2%
-8.1%
Low
-36.2%
-61.6%
-27.0%
-20.5%
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.