Tecnoglass Inc. (TGLS)

Tecnoglass Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Tecnoglass stock have an average target of 75.4, with a low estimate of 59 and a high estimate of 90. The average target predicts a decrease of -2.77% from the current stock price of 77.55.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$59	$75.4	$72	$90
Change	-23.92%	-2.77%	-7.15%	+16.06%

Analyst Ratings

The average analyst rating for Tecnoglass stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	4	4	4	3	3	2
Buy	1	1	1	1	1	1
Hold	1	1	1	2	2	2
Sell	0	0	0	0	0	0
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
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $65 → $90	Strong Buy	Maintains	$65 → $90	+16.06%	Nov 12, 2024
Timothy Wojs Baird	Baird	Buy Maintains $85 → $88	Buy	Maintains	$85 → $88	+13.48%	Nov 8, 2024
Timothy Wojs Baird	Baird	Buy Maintains $76 → $85	Buy	Maintains	$76 → $85	+9.61%	Oct 21, 2024
Alex Rygiel B. Riley Securities	B. Riley Securities	Hold Reiterates $69 → $72	Hold	Reiterates	$69 → $72	-7.15%	Oct 10, 2024
Alex Rygiel B. Riley Securities	B. Riley Securities	Strong Buy → Hold Downgrades $60 → $69	Strong Buy → Hold	Downgrades	$60 → $69	-11.02%	Sep 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

905.75M

Increased by 8.70%

from 833.27M

Revenue Next Year

1.01B

Increased by 11.18%

from 905.75M

EPS This Year

3.60

Decreased by -6.41%

from 3.85

EPS Next Year

4.30

Increased by 19.42%

from 3.60

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	430.91M	376.61M	496.79M	716.57M	833.27M	905.75M	1.01B	1.05B
Revenue Growth	16.15%	-12.60%	31.91%	44.24%	16.29%	8.70%	11.18%	4.57%
EPS	0.55	0.51	1.43	3.27	3.85	3.60	4.30	4.86
EPS Growth	140.49%	-7.27%	180.29%	128.53%	17.84%	-6.41%	19.42%	12.85%
Forward PE	-	-	-	-	-	21.52	18.02	15.97
No. Analysts	-	-	-	-	-	7	7	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	938.0M	1.1B	1.1B
Avg	905.8M	1.0B	1.1B
Low	860.9M	933.9M	971.2M

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	12.6%	17.1%	11.9%
Avg	8.7%	11.2%	4.6%
Low	3.3%	3.1%	-3.6%

EPS Forecast

EPS	2024	2025	2026	2027
High	3.82	4.64	5.12
Avg	3.60	4.30	4.86
Low	3.36	3.85	4.55

EPS Growth

EPS Growth	2024	2025	2026	2027
High	-0.7%	28.8%	19.1%
Avg	-6.4%	19.4%	12.8%
Low	-12.7%	6.9%	5.7%

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.