TIM S.A. Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for TIM S.A. stock have an average target of 18.5, with a low estimate of 17 and a high estimate of 20. The average target predicts an increase of 9.99% from the current stock price of 16.82.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17	$18.5	$20	$20
Change	+1.07%	+9.99%	+18.91%	+18.91%

* Price targets were last updated on Feb 14, 2024.

Analyst Ratings

The average analyst rating for TIM S.A. stock from 3 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	2	0	0	0	0	0
Hold	1	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mathieu Robilliard Barclays	Barclays	Hold Maintains $20 → $20	Hold	Maintains	$20 → $20	+18.91%	Feb 14, 2024
Andres Coello Scotiabank	Scotiabank	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Dec 7, 2023
Mathieu Robilliard Barclays	Barclays	Hold Maintains $18 → $19	Hold	Maintains	$18 → $19	+15.34%	Dec 7, 2023
Mathieu Robilliard Barclays	Barclays	Buy Maintains $17 → $16	Buy	Maintains	$17 → $16	-4.88%	Oct 23, 2023
Vitor Tomita Goldman Sachs	Goldman Sachs	Hold Maintains $15 → $17	Hold	Maintains	$15 → $17	+1.07%	Aug 8, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

24.46B

from 21.53B

13.60%

from 21.53B

Revenue Next Year

26.05B

from 24.46B

6.50%

from 24.46B

EPS This Year

1.13

from 3.50

-67.74%

from 3.50

EPS Next Year

1.44

from 1.13

27.43%

from 1.13

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	16.98B	17.38B	17.27B	18.06B	21.53B	24.46B	26.05B	27.32B	28.66B	29.02B
Revenue Growth	4.60%	2.33%	-0.63%	4.58%	19.23%	13.60%	6.50%	4.88%	4.91%	1.24%
EPS	5.25	7.50	3.80	6.10	3.50	1.13	1.44	1.77	2.04	2.11
EPS Growth	105.88%	42.86%	-49.33%	60.53%	-42.62%	-67.74%	27.43%	23.14%	14.91%	3.42%
No. Analysts	-	-	-	-	-	13	13	10	9	5

Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023	2024	2025	2026	2027
High	25.2B	26.8B	28.3B	29.9B	29.8B
Avg	24.5B	26.1B	27.3B	28.7B	29.0B
Low	22.8B	24.3B	25.7B	26.8B	27.4B

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027
High	16.9%	9.7%	8.5%	9.5%	3.9%
Avg	13.6%	6.5%	4.9%	4.9%	1.2%
Low	5.7%	-0.5%	-1.4%	-2.0%	-4.3%

EPS Forecast

EPS	2023	2024	2025	2026	2027
High	1.25	1.54	1.91	2.42	2.31
Avg	1.13	1.44	1.77	2.04	2.11
Low	0.92	1.25	1.56	1.80	1.85

EPS Growth

EPS Growth	2023	2024	2025	2026	2027
High	-64.3%	36.7%	33.0%	36.3%	13.5%
Avg	-67.7%	27.4%	23.1%	14.9%	3.4%
Low	-73.7%	11.1%	8.3%	1.8%	-9.1%

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.