Nexa Resources S.A. (NEXA)
NYSE: NEXA · IEX Real-Time Price · USD
7.12
0.00 (0.00%)
Apr 17, 2024, 4:00 PM EDT - Market closed
Nexa Resources Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Nexa Resources stock have an average target of 6.10, with a low estimate of 4.50 and a high estimate of 7.50. The average target predicts a decrease of -14.33% from the current stock price of 7.12.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Nexa Resources stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Sell Maintains $4.5 → $6 | Sell | Maintains | $4.5 → $6 | -15.73% | Apr 9, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $6 → $6.5 | Hold | Maintains | $6 → $6.5 | -8.71% | Apr 2, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $7 → $7.5 | Hold | Maintains | $7 → $7.5 | +5.34% | Mar 26, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $6 → $7 | Hold | Maintains | $6 → $7 | -1.69% | Feb 6, 2024 |
| Scotiabank | Scotiabank | Hold → Sell Downgrades $5 → $4.5 | Hold → Sell | Downgrades | $5 → $4.5 | -36.80% | Nov 2, 2023 |
Financial Forecast
Revenue This Year
2.47B
from 2.57B
Decreased by -4.21%
Revenue Next Year
2.56B
from 2.47B
Increased by 3.73%
EPS This Year
0.13
from -2.18
EPS Next Year
0.09
from 0.13
Decreased by -28.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.6B | 3.0B | 2.9B | 3.1B |
| Avg | 2.5B | 2.6B | 2.6B | 3.0B |
| Low | 2.2B | 2.0B | 2.5B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.2% | 21.3% | 11.9% | 17.3% |
| Avg | -4.2% | 3.7% | 3.6% | 13.9% |
| Low | -14.6% | -18.1% | -2.5% | 9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.26 | 0.25 | 0.91 |
| Avg | 0.13 | 0.09 | 0.15 |
| Low | - | -0.06 | -0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 97.6% | 895.1% |
| Avg | - | -28.0% | 61.1% |
| Low | - | - | - |
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.