Banco Bradesco (BBD) Stock Forecast, Price Target & Predictions


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BBD Stock Forecast


Banco Bradesco stock forecast is as follows: an average price target of $3.20 (represents a 32.23% upside from BBD’s last price of $2.42) 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 32.23% upside from BBD's last price of $2.42.

BBD Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 19, 2024Tito LabartaGoldman Sachs$3.20$2.7516.36%32.23%
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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 32.23% increase from BBD last price ($2.42).

Banco Bradesco Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$3.20$3.20
Last Closing Price$2.42$2.42$2.42
Upside/Downside-100.00%32.23%32.23%

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 $2.42. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 02, 2024Santander-OutperformUpgrade
Aug 19, 2024Goldman SachsSellBuyUpgrade
Aug 19, 2024BradescoOverweightPositiveUpgrade
Feb 08, 2024Goldman SachsSellSellHold
Oct 07, 2022BradescoNeutralOverweightUpgrade
Oct 07, 2022Bradesco-NeutralDowngrade
Sep 29, 2022Goldman SachsBuyBuyHold
Aug 08, 2022Cowen & Co.-OutperformUpgrade
Apr 26, 2022Zacks Investment Research-BuyUpgrade
Apr 26, 2022CIBC-NeutralUpgrade
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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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$30.94B$30.38B$29.84B$29.31B$28.80B$28.37B$28.16B$27.06B$26.84B$29.95B$29.39B$28.57B$30.28B$30.51B$29.81B$29.92B$30.66B$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$30.79B$30.23B$29.70B$29.17B$28.65B$28.23B$28.02B$26.93B$26.71B$29.36B$29.39B$28.57B$30.13B$29.53B$29.67B$29.78B$30.51B$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
# Analysts11111111111112111111111111111711
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 $29.67B, and a high forecast of $29.81B. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111111112111111111111111711
EBITDA---------------$47.34B$34.23B$44.30B$41.50B$40.92B$31.60B$22.31B$20.07B$19.56B------
Avg Forecast$10.49B$10.30B$10.12B$9.94B$9.77B$9.62B$9.55B$9.18B$9.10B$10.08B$9.99B$9.71B$10.27B$10.21B$10.11B$10.15B$10.40B$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$10.52B$10.33B$10.15B$9.97B$9.79B$9.65B$9.57B$9.20B$9.12B$10.18B$9.99B$9.71B$10.30B$10.37B$10.14B$10.17B$10.42B$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$10.47B$10.28B$10.10B$9.92B$9.74B$9.60B$9.53B$9.15B$9.08B$9.98B$9.99B$9.71B$10.25B$10.04B$10.09B$10.12B$10.37B$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 %---------------4.66%3.29%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 $10.11B, with a high of $10.14B and a low of $10.09B. This is -78.64% lower than Banco Bradesco's previous annual EBITDA (Mar 23) of $47.34B.

Banco Bradesco Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111111112111111111111111711
Net Income---------------$5.40B$785.85M$5.84B$7.14B$7.22B$6.01B$5.91B$5.18B$6.12B------
Avg Forecast$6.97B$6.81B$6.66B$6.51B$6.67B$6.11B$5.31B$4.82B$4.79B$5.02B$4.45B$31.91B$4.40B$4.81B$4.43B$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$6.99B$6.84B$6.68B$6.53B$6.69B$6.13B$5.33B$4.83B$4.81B$5.13B$4.46B$38.30B$5.38B$4.83B$4.45B$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$6.95B$6.79B$6.64B$6.49B$6.65B$6.10B$5.30B$4.80B$4.77B$4.91B$4.44B$25.53B$2.94B$4.80B$4.42B$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 $4.43B, with a range of $4.42B to $4.45B. BBD's average Quarter net income forecast represents a -17.88% decrease compared to the company's last Quarter net income of $5.40B (Mar 23).

Banco Bradesco SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111111112111111111111111711
SG&A---------------$9.76B$11.24B$11.21B$10.49B$9.73B$10.75B$9.87B$9.34B$9.13B------
Avg Forecast$11.15B$10.95B$10.75B$10.56B$10.37B$10.22B$10.14B$9.75B$9.67B$10.71B$10.61B$10.32B$10.91B$10.84B$10.74B$10.78B$-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$11.17B$10.97B$10.78B$10.59B$10.40B$10.25B$10.17B$9.77B$9.69B$10.82B$10.61B$10.32B$10.94B$11.02B$10.77B$10.81B$-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$11.12B$10.92B$10.72B$10.53B$10.35B$10.20B$10.12B$9.72B$9.64B$10.60B$10.61B$10.32B$10.88B$10.66B$10.71B$10.75B$-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 %---------------0.91%-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 $10.74B, based on 1 Wall Street analysts, with a range of $10.71B to $10.77B. The forecast indicates a 10.05% rise compared to BBD last annual SG&A of $9.76B (Mar 23).

Banco Bradesco EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111111112111111111111111711
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$0.50$0.46$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$0.50$0.46$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$0.66$0.64$0.63$0.61$0.63$0.58$0.50$0.45$0.45$0.46$0.42$0.36$0.28$0.45$0.42$0.35$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BSBRBanco Santander (Brasil)$4.65$7.2054.84%Buy
BBDBanco Bradesco$2.42$3.2032.23%Buy
BSACBanco Santander-Chile$19.73$21.508.97%Buy
BCHBanco de Chile$23.36$25.007.02%Hold
ITUBItaú Unibanco$6.08$6.506.91%Buy
BMABanco Macro$75.09$78.003.88%Hold
LYGLloyds Banking Group$2.83$2.75-2.83%Hold
GGALGrupo Financiero Galicia$51.75$45.00-13.04%Buy
DBDeutsche Bank Aktiengesellschaft$17.12$14.87-13.14%Buy
SUPVGrupo Supervielle$8.85$7.00-20.90%Hold

BBD Forecast FAQ


Yes, according to 6 Wall Street analysts, Banco Bradesco (BBD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of BBD's total ratings.

Banco Bradesco (BBD) average price target is $3.2 with a range of $3.2 to $3.2, implying a 32.23% from its last price of $2.42. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BBD stock, the company can go up by 32.23% (from the last price of $2.42 to the average price target of $3.2), up by 32.23% based on the highest stock price target, and up by 32.23% based on the lowest stock price target.

BBD's average twelve months analyst stock price target of $3.2 does not support the claim that Banco Bradesco can reach $4 in the near future.

Banco Bradesco's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $112.11B (high $112.39B, low $111.84B), average EBITDA is $38.12B (high $38.21B, low $38.02B), average net income is $22.92B (high $22.99B, low $22.84B), average SG&A $40.49B (high $40.59B, low $40.39B), and average EPS is $2.17 (high $2.17, low $2.16). BBD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $120.18B (high $120.48B, low $119.89B), average EBITDA is $40.86B (high $40.96B, low $40.76B), average net income is $26.95B (high $27.03B, low $26.86B), average SG&A $43.4B (high $43.51B, low $43.3B), and average EPS is $2.55 (high $2.56, low $2.54).

Based on Banco Bradesco's last annual report (Dec 2022), the company's revenue was $109B, which missed the average analysts forecast of $116.7B by -6.59%. Apple's EBITDA was $160.95B, beating the average prediction of $39.67B by 305.69%. The company's net income was $20.98B, missing the average estimation of $75.11B by -72.06%. Apple's SG&A was $42.67B, missing the average forecast of $-24.58B by -273.60%. Lastly, the company's EPS was $1.87, missing the average prediction of $2.31 by -19.06%. In terms of the last quarterly report (Mar 2023), Banco Bradesco's revenue was $25.83B, missing the average analysts' forecast of $29.85B by -13.47%. The company's EBITDA was $47.34B, beating the average prediction of $10.15B by 366.48%. Banco Bradesco's net income was $5.4B, missing the average estimation of $34.45B by -84.33%. The company's SG&A was $9.76B, missing the average forecast of $10.78B by -9.46%. Lastly, the company's EPS was $0.48, beating the average prediction of $0.346 by 38.65%