Gerdau Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Gerdau stock has a consensus rating of "Buy" and an average price target of $5.27. The average 1-year stock price forecast is 10.95% higher than the current stock price, while the lowest is $4.83 (+1.68%) and the highest is $5.54 (+16.63%).

Price Target: $5.27 (+10.95%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.83	$5.27	$5.35	$5.54
Change	+1.68%	+10.95%	+12.63%	+16.63%

* Price targets were last updated on Apr 29, 2026.

Analyst Ratings

The average analyst rating for Gerdau stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	2	1	2	2	2	2
Hold	2	3	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Caio Greiner UBS	UBS	Buy Maintains $4.6 → $5.25	Buy	Maintains	$4.6 → $5.25	+10.53%	Apr 29, 2026
Rodolfo Angele J.P. Morgan	J.P. Morgan	Buy Maintains $5 → $5.5	Buy	Maintains	$5 → $5.5	+15.79%	Apr 13, 2026
Daniel Sasson Itau Unibanco	Itau Unibanco	Buy Upgrades $4.7 → $4.6	Buy	Upgrades	$4.7 → $4.6	-3.16%	Apr 1, 2026

Financial Forecast

Revenue This Year

70.42B

from 69.86B

0.81%

from 69.86B

Revenue Next Year

72.89B

from 70.42B

3.51%

from 70.42B

EPS This Year

2.69

from 1.65

63.76%

from 1.65

EPS Next Year

2.67

from 2.69

-0.85%

from 2.69

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	78.35B	82.41B	68.92B	67.03B	69.86B	70.42B
Revenue Growth	78.81%	5.19%	-16.38%	-2.74%	4.23%	0.81%
Gross Profit	20.82B	18.75B	11.33B	9.20B	7.97B	10.76B
Gross Margin	26.57%	22.75%	16.44%	13.73%	11.41%	15.28%
Operating Income	20.02B	16.59B	9.87B	6.30B	5.60B	7.95B
Net Income	15.49B	11.43B	7.50B	4.57B	1.39B	5.56B
EPS	-	-	-	-	1.65	2.69
EPS Growth	-	-	-	-	-19.01%	63.76%
Forward PE	-	-	-	-	-	8.95
Dividend / Share	2.49	2.88	1.26	0.80	0.62	0.93
Dividend Growth	-	15.61%	-56.32%	-36.42%	-22.50%	49.66%
Free Cash Flow	3.46B	6.36B	4.53B	806.36M	714.71M	3.90B
No. Analysts	-	-	-	-	-	14

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is BRL.

Revenue Forecast

Revenue	2026	2027	2028
High	72.3B
Avg	70.4B
Low	68.7B

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.5%
Avg	0.8%
Low	-1.6%

EPS Forecast

EPS	2026	2027	2028
High	2.89
Avg	2.69
Low	2.58

EPS Growth

EPS Growth	2026	2027	2028
High	75.8%
Avg	63.8%
Low	56.8%