Gerdau S.A. (GGB)

Gerdau Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Gerdau stock have an average target of 3.95, with a low estimate of 2.90 and a high estimate of 5.00. The average target predicts an increase of 47.94% from the current stock price of 2.67.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.90	$3.95	$5.00	$5.00
Change	+8.61%	+47.94%	+87.27%	+87.27%

Analyst Ratings

The average analyst rating for Gerdau stock from 2 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	0
Hold	0	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Caio Greiner UBS	UBS	Hold Maintains $3.3 → $2.9	Hold	Maintains	$3.3 → $2.9	+8.61%	Apr 30, 2025
Caio Greiner UBS	UBS	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Mar 12, 2025
Caio Ribeiro B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $4.5 → $5	Hold → Strong Buy	Upgrades	$4.5 → $5	+87.27%	May 24, 2024
Rodolfo Angele JP Morgan	JP Morgan	Hold → Buy Upgrades $4.17 → $5	Hold → Buy	Upgrades	$4.17 → $5	+87.27%	Apr 15, 2024
Caio Ribeiro B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $4.67 → $4.25	Strong Buy → Hold	Downgrades	$4.67 → $4.25	+59.18%	Nov 20, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

71.18B

Increased by 6.19%

from 67.03B

Revenue Next Year

75.03B

Increased by 5.40%

from 71.18B

EPS This Year

2.39

Increased by 10.08%

from 2.18

EPS Next Year

2.49

Increased by 4.15%

from 2.39

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	43.81B	78.35B	82.41B	68.92B	67.03B	71.18B	75.03B	80.19B
Revenue Growth	10.52%	78.81%	5.19%	-16.38%	-2.74%	6.19%	5.40%	6.88%
EPS	1.10	7.18	5.41	3.56	2.18	2.39	2.49	2.71
EPS Growth	96.37%	553.97%	-24.57%	-34.32%	-38.83%	10.08%	4.15%	8.84%
Forward PE	-	-	-	-	-	6.32	6.07	5.58
No. Analysts	-	-	-	-	-	13	11	9

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	76.6B	81.4B	88.4B
Avg	71.2B	75.0B	80.2B
Low	60.6B	64.7B	67.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	14.3%	14.4%	17.8%
Avg	6.2%	5.4%	6.9%
Low	-9.5%	-9.1%	-10.5%

EPS Forecast

EPS	2025	2026	2027
High	3.27	3.61	3.92
Avg	2.39	2.49	2.71
Low	1.73	1.87	1.86

EPS Growth

EPS Growth	2025	2026	2027
High	50.1%	50.9%	57.3%
Avg	10.1%	4.2%	8.8%
Low	-20.3%	-21.8%	-25.3%

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.