Banco Macro (BMA) Stock Forecast, Price Target & Predictions
BMA Stock Forecast
Banco Macro stock forecast is as follows: an average price target of $78.00 (represents a -26.60% downside from BMA’s last price of $106.26) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
BMA Price Target
The average price target for Banco Macro (BMA) is $78.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $78.00 to $78.00. This represents a potential -26.60% downside from BMA's last price of $106.26.
BMA Analyst Ratings
According to 3 Wall Street analysts, Banco Macro's rating consensus is 'Hold'. The analyst rating breakdown for BMA stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Banco Macro Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 30, 2024 | Yuri Fernandes | Banco Santander | $78.00 | $58.77 | 32.72% | -26.60% |
| Aug 08, 2024 | Mario Pierry | Banco Santander | $62.00 | $47.23 | 31.27% | -41.65% |
The latest Banco Macro stock forecast, released on Aug 30, 2024 by Yuri Fernandes from Banco Santander, set a price target of $78.00, which represents a 32.72% increase from the stock price at the time of the forecast ($58.77), and a -26.60% decrease from BMA last price ($106.26).
Banco Macro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $70.00 |
| Last Closing Price | $106.26 | $106.26 | $106.26 |
| Upside/Downside | -100.00% | -100.00% | -34.12% |
In the current month, the average price target of Banco Macro 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 Macro's last price of $106.26. 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 |
|---|---|---|---|---|
| Dec 16, 2024 | Morgan Stanley | Overweight | Upgrade | |
| Aug 08, 2024 | Bank of America Securities | Neutral | Upgrade | |
| Jun 07, 2024 | Citigroup | Neutral | Downgrade |
Banco Macro's last stock rating was published by Morgan Stanley on Dec 16, 2024. The company Upgrade its BMA rating from "null" to "Overweight".
Banco Macro Financial Forecast
Banco Macro Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $171.05B | $179.73B | $118.92B | $78.97B | $64.92B | $133.68B | $41.47B | $38.32B | $35.88B | $45.82B | $20.16B | $23.54B | $24.12B | $36.76B | $22.48B | $19.62B | $21.26B | $11.29B | $6.31B | $4.44B | $3.67B | $3.22B |
| Avg Forecast | $732.16B | $681.21B | $633.80B | $589.69B | $754.41M | $713.39M | $474.94B | $232.72M | $248.90M | $327.98M | $287.03M | $306.06M | $281.74M | $292.49M | $266.78M | $238.44M | $307.97M | $293.74M | $328.76M | $373.92M | $465.31M | $426.36M | $365.08M | $476.49M | $372.97M | $10.32B | $6.50B | $4.54B | $2.76B | $2.55B |
| High Forecast | $732.16B | $681.21B | $633.80B | $589.69B | $754.41M | $719.83M | $474.94B | $279.26M | $298.68M | $327.98M | $287.03M | $306.06M | $281.74M | $292.49M | $266.78M | $238.44M | $307.97M | $293.74M | $328.76M | $373.92M | $465.31M | $426.36M | $365.08M | $476.49M | $372.97M | $12.38B | $7.80B | $5.45B | $3.31B | $3.06B |
| Low Forecast | $732.16B | $681.21B | $633.80B | $589.69B | $754.41M | $706.95M | $474.94B | $186.17M | $199.12M | $327.98M | $287.03M | $306.06M | $281.74M | $292.49M | $266.78M | $238.44M | $307.97M | $293.74M | $328.76M | $373.92M | $465.31M | $426.36M | $365.08M | $476.49M | $372.97M | $8.25B | $5.20B | $3.64B | $2.20B | $2.04B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 12 | 15 | 6 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 | 13 | 14 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | 687.25% | 548.01% | 414.29% | 258.02% | 230.43% | 457.04% | 155.45% | 160.70% | 116.50% | 155.97% | 61.34% | 62.96% | 51.85% | 86.23% | 61.59% | 41.17% | 57.00% | 1.09% | 0.97% | 0.98% | 1.33% | 1.26% |
Banco Macro's average Quarter revenue forecast for Mar 24 based on 12 analysts is $232.72M, with a low forecast of $186.17M, and a high forecast of $279.26M. BMA's average Quarter revenue forecast represents a -99.86% decrease compared to the company's last Quarter revenue of $171.05B (Mar 23).
Banco Macro EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 12 | 15 | 6 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 | 13 | 14 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | $151.18B | $332.79B | $93.61B | $51.87B | $36.73B | $41.06B | $29.76B | $26.30B | $27.10B | $33.81B | $26.06B | $19.22B | $21.82B | $26.98B | $27.13B | $23.66B | $22.26B | $8.73B | $6.05B | $5.41B | $3.73B | $3.39B |
| Avg Forecast | $212.23B | $197.46B | $183.71B | $170.93B | $218.68M | $206.78M | $137.67B | $67.46M | $72.15M | $95.07M | $4.07M | $4.34M | $3.99M | $4.15M | $3.78M | $3.38M | $4.37M | $4.16M | $4.66M | $5.30M | $6.60M | $6.04M | $5.17M | $6.75M | $5.29M | $7.97B | $6.23B | $64.41M | $39.05M | $36.16M |
| High Forecast | $212.23B | $197.46B | $183.71B | $170.93B | $218.68M | $208.65M | $137.67B | $80.95M | $86.58M | $95.07M | $4.07M | $4.34M | $3.99M | $4.15M | $3.78M | $3.38M | $4.37M | $4.16M | $4.66M | $5.30M | $6.60M | $6.04M | $5.17M | $6.75M | $5.29M | $9.57B | $7.47B | $77.29M | $46.86M | $43.39M |
| Low Forecast | $212.23B | $197.46B | $183.71B | $170.93B | $218.68M | $204.92M | $137.67B | $53.97M | $57.72M | $95.07M | $4.07M | $4.34M | $3.99M | $4.15M | $3.78M | $3.38M | $4.37M | $4.16M | $4.66M | $5.30M | $6.60M | $6.04M | $5.17M | $6.75M | $5.29M | $6.38B | $4.98B | $51.53M | $31.24M | $28.93M |
| Surprise % | - | - | - | - | - | - | - | - | 2095.49% | 3500.54% | 23008.58% | 11956.81% | 9196.46% | 9905.40% | 7869.95% | 7780.76% | 6208.26% | 8120.33% | 5593.06% | 3625.81% | 3308.24% | 4465.14% | 5242.56% | 3502.76% | 4211.31% | 1.09% | 0.97% | 84.06% | 95.62% | 93.78% |
12 analysts predict BMA's average Quarter EBITDA for Mar 24 to be $67.46M, with a high of $80.95M and a low of $53.97M. This is -99.96% lower than Banco Macro's previous annual EBITDA (Mar 23) of $151.18B.
Banco Macro Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 12 | 15 | 6 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 | 13 | 14 | 9 |
| Net Income | - | - | - | - | - | - | - | - | $9.76B | $18.23B | $8.86B | $4.15B | $6.02B | $16.61B | $7.35B | $4.62B | $2.19B | $4.35B | $6.08B | $6.40B | $7.07B | $6.96B | $13.16B | $7.03B | $7.34B | $3.54B | $1.76B | $1.41B | $1.11B | $1.19B |
| Avg Forecast | $173.28M | $192.17M | $158.75M | $127.30M | $174.11M | $163.16M | $101.99M | $2.64B | $2.82B | $9.61B | $443.55M | $478.85M | $3.02B | $751.80M | $663.14M | $5.77B | $480.34M | $687.68M | $832.80M | $1.15B | $1.66B | $1.56B | $1.37B | $1.42B | $3.74B | $3.24B | $1.82B | $1.44B | $837.27M | $939.18M |
| High Forecast | $173.28M | $192.17M | $158.75M | $127.30M | $174.11M | $208.20M | $105.34M | $3.17B | $3.39B | $11.53B | $443.55M | $478.85M | $3.62B | $751.80M | $663.14M | $6.93B | $480.34M | $687.68M | $832.80M | $1.15B | $1.66B | $1.56B | $1.37B | $1.42B | $4.49B | $3.88B | $2.18B | $1.73B | $1.00B | $1.13B |
| Low Forecast | $173.28M | $192.17M | $158.75M | $127.30M | $174.11M | $118.13M | $98.63M | $2.11B | $2.26B | $7.69B | $443.55M | $478.85M | $2.42B | $751.80M | $663.14M | $4.62B | $480.34M | $687.68M | $832.80M | $1.15B | $1.66B | $1.56B | $1.37B | $1.42B | $3.00B | $2.59B | $1.45B | $1.15B | $669.82M | $751.35M |
| Surprise % | - | - | - | - | - | - | - | - | 3.46% | 1.90% | 19.99% | 8.66% | 1.99% | 22.10% | 11.09% | 0.80% | 4.55% | 6.32% | 7.30% | 5.57% | 4.25% | 4.47% | 9.63% | 4.96% | 1.96% | 1.09% | 0.97% | 0.98% | 1.33% | 1.26% |
Banco Macro's average Quarter net income forecast for Mar 24 is $2.64B, with a range of $2.11B to $3.17B. BMA's average Quarter net income forecast represents a -72.95% decrease compared to the company's last Quarter net income of $9.76B (Mar 23).
Banco Macro SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 12 | 15 | 6 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 | 13 | 14 | 9 |
| SG&A | - | - | - | - | - | - | - | - | $32.71B | $38.33B | $23.71B | $19.85B | $14.28B | $27.06B | $13.09B | $10.51B | $10.40B | $14.08B | $9.39B | $8.43B | $6.97B | $9.92B | $6.55B | $6.48B | $4.91B | $3.27B | $2.20B | $1.54B | $1.16B | $877.29M |
| Avg Forecast | $141.39B | $131.55B | $122.40B | $113.88B | $145.69M | $137.77M | $91.72B | $44.94M | $48.07M | $63.34M | $80.27M | $85.59M | $78.79M | $81.79M | $74.60M | $66.68M | $86.12M | $82.14M | $91.94M | $104.56M | $130.12M | $119.23M | $102.09M | $133.25M | $104.30M | $2.99B | $2.27B | $1.58B | $868.93M | $694.52M |
| High Forecast | $141.39B | $131.55B | $122.40B | $113.88B | $145.69M | $139.01M | $91.72B | $53.93M | $57.68M | $63.34M | $80.27M | $85.59M | $78.79M | $81.79M | $74.60M | $66.68M | $86.12M | $82.14M | $91.94M | $104.56M | $130.12M | $119.23M | $102.09M | $133.25M | $104.30M | $3.58B | $2.72B | $1.89B | $1.04B | $833.42M |
| Low Forecast | $141.39B | $131.55B | $122.40B | $113.88B | $145.69M | $136.52M | $91.72B | $35.95M | $38.45M | $63.34M | $80.27M | $85.59M | $78.79M | $81.79M | $74.60M | $66.68M | $86.12M | $82.14M | $91.94M | $104.56M | $130.12M | $119.23M | $102.09M | $133.25M | $104.30M | $2.39B | $1.82B | $1.26B | $695.14M | $555.62M |
| Surprise % | - | - | - | - | - | - | - | - | 680.60% | 605.11% | 295.41% | 231.97% | 181.27% | 330.84% | 175.41% | 157.66% | 120.73% | 171.40% | 102.15% | 80.66% | 53.54% | 83.17% | 64.18% | 48.59% | 47.11% | 1.09% | 0.97% | 0.98% | 1.33% | 1.26% |
Banco Macro's average Quarter SG&A projection for Mar 24 is $44.94M, based on 12 Wall Street analysts, with a range of $35.95M to $53.93M. The forecast indicates a -99.86% fall compared to BMA last annual SG&A of $32.71B (Mar 23).
Banco Macro EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 12 | 15 | 6 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 | 13 | 14 | 9 |
| EPS | - | - | - | - | - | - | - | - | $152.69 | $-177.74 | $138.64 | $79.10 | $134.50 | $260.00 | $115.02 | $72.21 | $34.21 | $68.02 | $95.02 | $100.02 | $110.70 | $108.90 | $205.79 | $109.98 | $114.84 | $52.90 | $30.18 | $24.08 | $19.06 | $19.95 |
| Avg Forecast | $2.71 | $3.01 | $2.48 | $1.99 | $2.72 | $2.55 | $1.59 | $2.13 | $0.76 | $1.42 | $0.69 | $0.75 | $0.79 | $1.18 | $1.04 | $0.87 | $0.75 | $1.08 | $1.30 | $1.80 | $2.61 | $2.43 | $2.14 | $2.22 | $2.07 | $2.22 | $2.08 | $1.75 | $1.30 | $1.33 |
| High Forecast | $2.71 | $3.01 | $2.48 | $1.99 | $2.72 | $3.26 | $1.65 | $2.13 | $0.76 | $1.42 | $0.69 | $0.75 | $0.79 | $1.18 | $1.04 | $0.87 | $0.75 | $1.08 | $1.30 | $1.80 | $2.61 | $2.43 | $2.14 | $2.22 | $2.07 | $2.66 | $2.50 | $2.10 | $1.56 | $1.60 |
| Low Forecast | $2.71 | $3.01 | $2.48 | $1.99 | $2.72 | $1.85 | $1.54 | $2.13 | $0.76 | $1.42 | $0.69 | $0.75 | $0.79 | $1.18 | $1.04 | $0.87 | $0.75 | $1.08 | $1.30 | $1.80 | $2.61 | $2.43 | $2.14 | $2.22 | $2.07 | $1.78 | $1.66 | $1.40 | $1.04 | $1.06 |
| Surprise % | - | - | - | - | - | - | - | - | 199.81% | -125.49% | 199.73% | 105.56% | 170.28% | 220.99% | 110.83% | 82.54% | 45.51% | 63.21% | 72.91% | 55.71% | 42.48% | 44.74% | 96.22% | 49.56% | 55.36% | 23.83% | 14.51% | 13.76% | 14.66% | 15.00% |
According to 12 Wall Street analysts, Banco Macro's projected average Quarter EPS for Mar 24 is $2.13, with a low estimate of $2.13 and a high estimate of $2.13. This represents a -98.61% decrease compared to BMA previous annual EPS of $152.69 (Mar 23).
Banco Macro Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BSBR | Banco Santander (Brasil) | $4.04 | $7.20 | 78.22% | Buy |
| BBD | Banco Bradesco | $2.00 | $3.20 | 60.00% | Buy |
| ITUB | Itaú Unibanco | $5.23 | $6.50 | 24.28% | Buy |
| LYG | Lloyds Banking Group | $2.73 | $2.75 | 0.73% | Hold |
| GGAL | Grupo Financiero Galicia | $68.72 | $60.67 | -11.71% | Buy |
| BMA | Banco Macro | $106.26 | $78.00 | -26.60% | Hold |
| SUPV | Grupo Supervielle | $15.54 | $7.00 | -54.95% | Buy |