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NYSE: GGB
Gerdau Sa Stock Forecast, Predictions & Price Target

Analyst price target for GGB

Based on 2 analysts offering 12 month price targets for Gerdau Sa.
Min Forecast
$5.00+48.81%
Avg Forecast
$5.00+48.81%
Max Forecast
$5.00+48.81%

Should I buy or sell GGB stock?

Based on 2 analysts offering ratings for Gerdau Sa.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GGB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-24
lockedlocked$00.00+00.00%2024-04-15

1 of 1

Forecast return on equity

Is GGB forecast to generate an efficient return?
Company
10.81%
Industry
12.93%
Market
62.17%
GGB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GGB forecast to generate an efficient return on assets?
Company
7.08%
Industry
7.83%
GGB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GGB earnings per share forecast

What is GGB's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.49-33.24%
Avg 2 year Forecast
$0.54-26.43%
Avg 3 year Forecast
$0.50-31.88%
GGB's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

GGB revenue forecast

What is GGB's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$12.0B-15.24%
Avg 2 year Forecast
$11.9B-16.03%
Avg 3 year Forecast
$12.2B-13.45%
GGB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GGB earnings growth forecast

How is GGB forecast to perform vs Steel companies and vs the US market?
Company
-14.95%
Industry
7.23%
Market
20.44%
GGB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GGB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GGB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GGB revenue growth forecast

How is GGB forecast to perform vs Steel companies and vs the US market?
Company
-6.25%
Industry
-2.09%
Market
10.56%
GGB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GGB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GGB vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
GGB$3.36$5.00+48.81%Strong Buy
CLF$15.17$18.45+21.65%Hold
CMC$57.60$64.50+11.98%Buy
X$38.18$44.50+16.55%Strong Buy
SIM$30.10N/AN/A

Gerdau Sa Stock Forecast FAQ

Is Gerdau Sa Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: GGB) stock is to Strong Buy GGB stock.

Out of 2 analysts, 2 (100%) are recommending GGB as a Strong Buy, 0 (0%) are recommending GGB as a Buy, 0 (0%) are recommending GGB as a Hold, 0 (0%) are recommending GGB as a Sell, and 0 (0%) are recommending GGB as a Strong Sell.

If you're new to stock investing, here's how to buy Gerdau Sa stock.

What is GGB's earnings growth forecast for 2024-2026?

(NYSE: GGB) Gerdau Sa's forecast annual earnings growth rate of -14.95% is not forecast to beat the US Steel industry's average forecast earnings growth rate of 7.23%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.44%.

Gerdau Sa's earnings in 2024 is $1,491,364,811.On average, 2 Wall Street analysts forecast GGB's earnings for 2024 to be $1,033,155,425, with the lowest GGB earnings forecast at $990,985,816, and the highest GGB earnings forecast at $1,075,325,035. On average, 2 Wall Street analysts forecast GGB's earnings for 2025 to be $1,138,579,448, with the lowest GGB earnings forecast at $1,138,579,448, and the highest GGB earnings forecast at $1,138,579,448.

In 2026, GGB is forecast to generate $1,054,240,230 in earnings, with the lowest earnings forecast at $1,054,240,230 and the highest earnings forecast at $1,054,240,230.

What is GGB's revenue growth forecast for 2024-2026?

(NYSE: GGB) Gerdau Sa's forecast annual revenue growth rate of -6.25% is not forecast to beat the US Steel industry's average forecast revenue growth rate of -2.09%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.56%.

Gerdau Sa's revenue in 2024 is $13,701,082,902.On average, 1 Wall Street analysts forecast GGB's revenue for 2024 to be $25,290,885,760,826, with the lowest GGB revenue forecast at $25,290,885,760,826, and the highest GGB revenue forecast at $25,290,885,760,826. On average, 1 Wall Street analysts forecast GGB's revenue for 2025 to be $25,053,344,352,203, with the lowest GGB revenue forecast at $25,053,344,352,203, and the highest GGB revenue forecast at $25,053,344,352,203.

In 2026, GGB is forecast to generate $25,823,066,228,930 in revenue, with the lowest revenue forecast at $25,823,066,228,930 and the highest revenue forecast at $25,823,066,228,930.

What is GGB's forecast return on assets (ROA) for 2024-2026?

(NYSE: GGB) forecast ROA is 7.08%, which is lower than the forecast US Steel industry average of 7.83%.

What is GGB's Price Target?

According to 2 Wall Street analysts that have issued a 1 year GGB price target, the average GGB price target is $5.00, with the highest GGB stock price forecast at $5.00 and the lowest GGB stock price forecast at $5.00.

On average, Wall Street analysts predict that Gerdau Sa's share price could reach $5.00 by May 24, 2025. The average Gerdau Sa stock price prediction forecasts a potential upside of 48.81% from the current GGB share price of $3.36.

What is GGB's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: GGB) Gerdau Sa's current Earnings Per Share (EPS) is $0.71. On average, analysts forecast that GGB's EPS will be $0.49 for 2024, with the lowest EPS forecast at $0.47, and the highest EPS forecast at $0.51. On average, analysts forecast that GGB's EPS will be $0.54 for 2025, with the lowest EPS forecast at $0.54, and the highest EPS forecast at $0.54. In 2026, GGB's EPS is forecast to hit $0.50 (min: $0.50, max: $0.50).

What is GGB's forecast return on equity (ROE) for 2024-2026?

(NYSE: GGB) forecast ROE is 10.81%, which is considered weak.
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