Banco Bradesco (BBD) Stock Forecast, Price Target & Predictions
BBD Stock Forecast
Banco Bradesco stock forecast is as follows: an average price target of $3.20 (represents a 34.45% upside from BBD’s last price of $2.38) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
BBD Price Target
The average price target for Banco Bradesco (BBD) is $3.20 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $3.20 to $3.20. This represents a potential 34.45% upside from BBD's last price of $2.38.
BBD Analyst Ratings
According to 6 Wall Street analysts, Banco Bradesco's rating consensus is 'Buy'. The analyst rating breakdown for BBD stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Banco Bradesco Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 19, 2024 | Tito Labarta | Goldman Sachs | - | - | 16.36% | 34.45% |
The latest Banco Bradesco stock forecast, released on Aug 19, 2024 by Tito Labarta from Goldman Sachs, set a price target of $3.20, which represents a 16.36% increase from the stock price at the time of the forecast ($2.75), and a 34.45% increase from BBD last price ($2.38).
Banco Bradesco Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $3.20 |
| Last Closing Price | $2.38 | $2.38 | $2.38 |
| Upside/Downside | -100.00% | -100.00% | 34.45% |
In the current month, the average price target of Banco Bradesco stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Banco Bradesco's last price of $2.38. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 02, 2024 | Santander | Outperform | Upgrade | |
| Aug 19, 2024 | Goldman Sachs | Sell | Buy | Upgrade |
| Aug 19, 2024 | Bradesco | Overweight | Positive | Upgrade |
| Feb 08, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Oct 07, 2022 | Bradesco | Neutral | Overweight | Upgrade |
| Oct 07, 2022 | Bradesco | Neutral | Downgrade | |
| Sep 29, 2022 | Goldman Sachs | Buy | Buy | Hold |
| Aug 08, 2022 | Cowen & Co. | Outperform | Upgrade | |
| Apr 26, 2022 | Zacks Investment Research | Buy | Upgrade | |
| Apr 26, 2022 | CIBC | Neutral | Upgrade |
Banco Bradesco's last stock rating was published by Santander on Oct 02, 2024. The company Upgrade its BBD rating from "null" to "Outperform".
Banco Bradesco Financial Forecast
Banco Bradesco Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.83B | $27.36B | $25.60B | $27.39B | $28.65B | $27.99B | $24.43B | $26.98B | $23.03B | - | - | - | - | - | - |
| Avg Forecast | $30.86B | $30.31B | $29.77B | $29.24B | $28.72B | $28.30B | $28.09B | $27.00B | $26.77B | $29.66B | $29.39B | $28.57B | $30.21B | $30.02B | $29.74B | $29.85B | $30.58B | $29.96B | $28.10B | $28.05B | $29.34B | $26.06B | $25.91B | $27.29B | $26.04B | $27.17B | $26.49B | $26.14B | $26.27B | $28.19B |
| High Forecast | $30.97B | $30.41B | $29.87B | $29.34B | $28.82B | $28.40B | $28.19B | $27.09B | $26.86B | $29.95B | $29.39B | $28.57B | $30.31B | $30.51B | $29.84B | $29.95B | $30.69B | $29.96B | $28.10B | $28.05B | $29.34B | $26.06B | $25.91B | $27.29B | $26.04B | $27.17B | $26.49B | $26.14B | $26.27B | $28.19B |
| Low Forecast | $30.66B | $30.11B | $29.58B | $29.05B | $28.54B | $28.12B | $27.91B | $26.82B | $26.60B | $29.36B | $29.39B | $28.57B | $30.01B | $29.53B | $29.55B | $29.65B | $30.38B | $29.96B | $28.10B | $28.05B | $29.34B | $26.06B | $25.91B | $27.29B | $26.04B | $27.17B | $26.49B | $26.14B | $26.27B | $28.19B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.89% | 0.85% | 0.97% | 1.02% | 0.95% | 0.94% | 1.04% | 0.84% | - | - | - | - | - | - |
Banco Bradesco's average Quarter revenue forecast for Jun 23 based on 1 analysts is $29.74B, with a low forecast of $29.55B, and a high forecast of $29.84B. BBD's average Quarter revenue forecast represents a 15.14% increase compared to the company's last Quarter revenue of $25.83B (Mar 23).
Banco Bradesco EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $47.34B | $34.23B | $44.30B | $41.50B | $40.92B | $31.60B | $22.31B | $20.07B | $19.56B | - | - | - | - | - | - |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.19B | $9.55B | $9.54B | $9.98B | $8.86B | $8.81B | $9.28B | $8.85B | $9.24B | $9.01B | $8.89B | $8.93B | $9.58B |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.19B | $9.55B | $9.54B | $9.98B | $8.86B | $8.81B | $9.28B | $8.85B | $9.24B | $9.01B | $8.89B | $8.93B | $9.58B |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.19B | $9.55B | $9.54B | $9.98B | $8.86B | $8.81B | $9.28B | $8.85B | $9.24B | $9.01B | $8.89B | $8.93B | $9.58B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.35% | 4.34% | 4.29% | 3.17% | 2.52% | 2.28% | 2.11% | - | - | - | - | - | - |
1 analysts predict BBD's average Quarter EBITDA for Jun 23 to be -, with a high of - and a low of -. This is -100.00% lower than Banco Bradesco's previous annual EBITDA (Mar 23) of $47.34B.
Banco Bradesco Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.40B | $785.85M | $5.84B | $7.14B | $7.22B | $6.01B | $5.91B | $5.18B | $6.12B | - | - | - | - | - | - |
| Avg Forecast | $6.99B | $6.84B | $6.68B | $6.53B | $6.69B | $6.13B | $5.23B | $4.79B | $4.77B | $5.04B | $4.47B | $31.91B | $4.42B | $4.83B | $4.45B | $34.45B | $27.47B | $6.88B | $6.75B | $34.01B | $7.07B | $6.38B | $6.17B | $6.31B | $5.47B | $4.56B | $4.37B | $6.07B | $6.34B | $6.72B |
| High Forecast | $7.02B | $6.87B | $6.71B | $6.56B | $6.72B | $6.16B | $5.25B | $4.81B | $4.79B | $5.15B | $4.48B | $38.30B | $5.40B | $4.85B | $4.47B | $41.35B | $32.96B | $6.88B | $6.75B | $40.81B | $7.07B | $6.38B | $6.17B | $6.31B | $5.47B | $4.56B | $4.37B | $6.07B | $6.34B | $6.72B |
| Low Forecast | $6.93B | $6.78B | $6.62B | $6.47B | $6.64B | $6.08B | $5.18B | $4.75B | $4.73B | $4.92B | $4.46B | $25.53B | $2.94B | $4.79B | $4.41B | $27.56B | $21.97B | $6.88B | $6.75B | $27.21B | $7.07B | $6.38B | $6.17B | $6.31B | $5.47B | $4.56B | $4.37B | $6.07B | $6.34B | $6.72B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.16% | 0.03% | 0.85% | 1.06% | 0.21% | 0.85% | 0.93% | 0.84% | 0.97% | - | - | - | - | - | - |
Banco Bradesco's average Quarter net income forecast for Jun 23 is $4.45B, with a range of $4.41B to $4.47B. BBD's average Quarter net income forecast represents a -17.62% decrease compared to the company's last Quarter net income of $5.40B (Mar 23).
Banco Bradesco SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.76B | $11.24B | $11.21B | $10.49B | $9.73B | $10.75B | $9.87B | $9.34B | $9.13B | - | - | - | - | - | - |
| Avg Forecast | $14.41B | $14.15B | $13.90B | $13.65B | $13.41B | $13.21B | $13.11B | $12.60B | $12.50B | $13.85B | $13.72B | $13.34B | $14.10B | $14.01B | $13.88B | $13.94B | $-55.68B | $10.82B | $10.15B | $10.13B | $10.60B | $9.41B | $9.36B | $9.86B | $9.41B | $9.81B | $9.57B | $9.44B | $9.49B | $10.18B |
| High Forecast | $14.46B | $14.20B | $13.95B | $13.70B | $13.46B | $13.26B | $13.16B | $12.65B | $12.54B | $13.98B | $13.72B | $13.34B | $14.15B | $14.24B | $13.93B | $13.98B | $-44.54B | $10.82B | $10.15B | $10.13B | $10.60B | $9.41B | $9.36B | $9.86B | $9.41B | $9.81B | $9.57B | $9.44B | $9.49B | $10.18B |
| Low Forecast | $14.31B | $14.06B | $13.81B | $13.56B | $13.32B | $13.13B | $13.03B | $12.52B | $12.42B | $13.71B | $13.72B | $13.34B | $14.01B | $13.79B | $13.79B | $13.84B | $-66.81B | $10.82B | $10.15B | $10.13B | $10.60B | $9.41B | $9.36B | $9.86B | $9.41B | $9.81B | $9.57B | $9.44B | $9.49B | $10.18B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | -0.20% | 1.04% | 1.03% | 0.96% | 1.01% | 1.05% | 1.00% | 0.93% | - | - | - | - | - | - |
Banco Bradesco's average Quarter SG&A projection for Jun 23 is $13.88B, based on 1 Wall Street analysts, with a range of $13.79B to $13.93B. The forecast indicates a 42.26% rise compared to BBD last annual SG&A of $9.76B (Mar 23).
Banco Bradesco EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.48 | $0.07 | $0.52 | $0.64 | $0.64 | $0.56 | $0.53 | $0.45 | $0.55 | - | - | - | - | - | - |
| Avg Forecast | $0.66 | $0.64 | $0.63 | $0.62 | $0.63 | $0.58 | $0.49 | $0.45 | $0.45 | $0.47 | $0.42 | $0.36 | $0.42 | $0.45 | $0.42 | $0.35 | $0.44 | $0.65 | $0.64 | $0.59 | $0.67 | $0.60 | $0.58 | $0.60 | $0.52 | $0.43 | $0.41 | $0.57 | $0.60 | $0.64 |
| High Forecast | $0.66 | $0.65 | $0.63 | $0.62 | $0.63 | $0.58 | $0.49 | $0.45 | $0.45 | $0.49 | $0.42 | $0.36 | $0.51 | $0.46 | $0.42 | $0.35 | $0.44 | $0.65 | $0.64 | $0.59 | $0.67 | $0.60 | $0.58 | $0.60 | $0.52 | $0.43 | $0.41 | $0.57 | $0.60 | $0.64 |
| Low Forecast | $0.65 | $0.64 | $0.62 | $0.61 | $0.63 | $0.57 | $0.49 | $0.45 | $0.45 | $0.46 | $0.42 | $0.36 | $0.28 | $0.45 | $0.42 | $0.34 | $0.43 | $0.65 | $0.64 | $0.59 | $0.67 | $0.60 | $0.58 | $0.60 | $0.52 | $0.43 | $0.41 | $0.57 | $0.60 | $0.64 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.39% | 0.16% | 0.80% | 1.00% | 1.09% | 0.84% | 0.88% | 0.77% | 0.92% | - | - | - | - | - | - |
According to 1 Wall Street analysts, Banco Bradesco's projected average Quarter EPS for Jun 23 is $0.42, with a low estimate of $0.42 and a high estimate of $0.42. This represents a -12.64% decrease compared to BBD previous annual EPS of $0.48 (Mar 23).
Banco Bradesco Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BSBR | Banco Santander (Brasil) | - | - | 58.94% | Buy |
| BBD | Banco Bradesco | - | - | 34.45% | Buy |
| BSAC | Banco Santander-Chile | - | - | 13.40% | Buy |
| ITUB | Itaú Unibanco | - | - | 11.11% | Buy |
| BCH | Banco de Chile | - | - | 10.86% | Hold |
| LYG | Lloyds Banking Group | - | - | 0.73% | Hold |
| BMA | Banco Macro | - | - | -3.60% | Hold |
| DB | Deutsche Bank Aktiengesellschaft | - | - | -8.21% | Buy |
| GGAL | Grupo Financiero Galicia | - | - | -18.89% | Buy |
| SUPV | Grupo Supervielle | - | - | -34.58% | Hold |