Nexa Resources S.A. (NEXA)
NYSE: NEXA · Real-Time Price · USD
7.77
-0.14 (-1.77%)
Nov 4, 2024, 12:29 PM EST - Market open
Nexa Resources Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Nexa Resources stock have an average target of 7.15, with a low estimate of 5.75 and a high estimate of 8.00. The average target predicts a decrease of -7.98% from the current stock price of 7.77.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for Nexa Resources stock from 5 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Sell Maintains $6 → $5.75 | Sell | Maintains | $6 → $5.75 | -26.00% | Nov 4, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $7 → $6 | Sell | Maintains | $7 → $6 | -22.78% | Aug 6, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $7.5 → $8 | Sell | Maintains | $7.5 → $8 | +2.96% | Jun 26, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $7 → $7.5 | Sell | Maintains | $7 → $7.5 | -3.47% | Jun 21, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $6 → $7 | Sell | Maintains | $6 → $7 | -9.91% | May 30, 2024 |
Financial Forecast
Revenue This Year
2.71B
from 2.57B
Increased by 5.28%
Revenue Next Year
2.68B
from 2.71B
Decreased by -1.26%
EPS This Year
0.10
from -2.18
EPS Next Year
0.92
from 0.10
Increased by 848.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.0B | 2.9B |
| Avg | 2.7B | 2.7B | 2.7B |
| Low | 2.4B | 2.4B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.1% | 12.5% | 9.6% |
| Avg | 5.3% | -1.3% | 0.6% |
| Low | -6.9% | -12.9% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.51 | 1.72 | 3.51 |
| Avg | 0.10 | 0.92 | 1.46 |
| Low | -0.15 | -0.05 | 0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 1,683.3% | 283.0% |
| Avg | - | 848.3% | 59.6% |
| Low | - | - | -73.2% |
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.