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Ero Copper (ERO) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ERO Stock Forecast

Ero Copper (ERO) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $19.00, with a high of $19.00 and a low of $19.00. This represents a 41.47% increase from the last price of $13.43.

$13 $15 $17 $19 $21 $23 High: $19 Avg: $19 Low: $19 Last Closed Price: $13.43

ERO Stock Rating

Ero Copper stock's rating consensus is Buy, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (84.62%), 2 Hold (15.38%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 13 0 2 11 Strong Sell Sell Hold Buy Strong Buy

ERO Forecast vs Benchmarks

TypeNameUpside
StockEro Copper41.47%
SectorBasic Materials Stocks 18.06%
IndustryCopper Stocks List8.57%

Price Target Trends

1M3M12M
# Anlaysts-11
Avg Price Target-$19.00$19.00
Last Closing Price$13.43$13.43$13.43
Upside/Downside-41.47%41.47%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25363--12
Dec, 24363--12
Nov, 24363--12
Oct, 24363--12
Sep, 24363--12
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 02, 2024Marcio FaridGoldman Sachs$19.00$15.2224.84%41.47%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 07, 2025JefferiesBuyBuyhold
Dec 02, 2024Goldman SachsBuyinitialise
Oct 04, 2024JefferiesBuyBuyhold
Aug 19, 2024ScotiabankOutperformOutperformhold
Aug 05, 2024JefferiesHoldBuyupgrade
Jul 23, 2024BMO CapitalOutperformOutperformhold
Jul 15, 2024National BankSector PerformSector Performhold
Jul 12, 2024JefferiesHoldHoldhold
Jun 25, 2024BMO CapitalMarket PerformOutperformupgrade
Jun 20, 2024CIBCNeutralOutperformupgrade

Financial Forecast

EPS Forecast

$0 $1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.60$2.27$1.12$0.99-----
Avg Forecast$1.27$2.29$1.00$0.98$1.13$3.22$3.71$3.47$4.46
High Forecast$1.18$2.12$0.90$0.91$0.88$1.95$3.33$3.11$4.00
Low Forecast$1.44$2.59$1.13$1.04$1.49$4.38$4.19$3.91$5.04
Surprise %-52.76%-0.87%12.00%1.02%-----

Revenue Forecast

$300M $480M $660M $840M $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$324.08M$489.92M$426.39M$427.48M-----
Avg Forecast$321.72M$482.16M$431.95M$431.56M$529.17M$963.69M$1.07B$1.02B$1.07B
High Forecast$302.59M$453.48M$399.35M$412.70M$458.64M$921.04M$1.03B$1.00B$987.94M
Low Forecast$353.90M$530.38M$472.98M$470.03M$574.69M$1.05B$1.10B$1.03B$1.18B
Surprise %0.73%1.61%-1.29%-0.94%-----

Net Income Forecast

$50M $140M $230M $320M $410M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$51.62M$201.05M$101.83M$92.80M-----
Avg Forecast$120.87M$217.68M$95.12M$92.80M$112.14M$344.17M$356.64M$333.26M$423.24M
High Forecast$111.53M$200.85M$85.79M$86.47M$83.10M$184.98M$315.88M$295.17M$379.90M
Low Forecast$136.59M$245.98M$106.86M$99.12M$141.17M$415.96M$397.40M$371.35M$477.95M
Surprise %-57.29%-7.64%7.06%------

ERO Forecast FAQ

Is Ero Copper stock a buy?

Ero Copper stock has a consensus rating of Buy, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Ero Copper is a favorable investment for most analysts.

What is Ero Copper's price target?

Ero Copper's price target, set by 13 Wall Street analysts, averages $19 over the next 12 months. The price target range spans from $19 at the low end to $19 at the high end, suggesting a potential 41.47% change from the previous close price of $13.43.

How does Ero Copper stock forecast compare to the average forecast of its sector, industry, and investment themes?

Ero Copper stock forecast shows a 41.47% upside, outperforming the average forecast for the basic materials stocks sector (18.06%) and outperforming the copper stocks list industry (8.57%).

What is the breakdown of analyst ratings for Ero Copper over the past three months?

  • January 2025: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is Ero Copper’s EPS forecast?

Ero Copper's average annual EPS forecast for its fiscal year ending in December is 1.13 for 2024, a 14.14% increase from the reported $0.99 in 2023. The prediction for 2025 is $3.22, $3.71 for 2026, $3.47 for 2027, and $4.46 for 2028.

What is Ero Copper’s revenue forecast?

Ero Copper's average annual revenue forecast for its fiscal year ending in December is $529.17M for 2024, a 23.79% increase from the reported $427.48M in 2023. The forecast for 2025 is $963.69M, $1.07B for 2026, $1.02B for 2027, and $1.07B for 2028.

What is Ero Copper’s net income forecast?

For its fiscal year ending in December, Ero Copper's average annual net income forecast is $112.14M for 2024, reflecting an 20.83% increase from the reported $92.8M in 2023. The projection for 2025 is $344.17M, $356.64M for 2026, $333.26M for 2027, and $423.24M for 2028.