Nexa Resources (NEXA) Stock Forecast, Price Target & Predictions
NEXA Stock Forecast
Nexa Resources stock forecast is as follows: an average price target of $7.13 (represents a -6.43% downside from NEXA’s last price of $7.62) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
NEXA Price Target
The average price target for Nexa Resources (NEXA) is $7.13 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $6.00. This represents a potential -6.43% downside from NEXA's last price of $7.62.
NEXA Analyst Ratings
According to 2 Wall Street analysts, Nexa Resources's rating consensus is 'Hold'. The analyst rating breakdown for NEXA stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (50.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).
Nexa Resources Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Lawson Winder | Bank of America Securities | $8.00 | $7.86 | 1.78% | 4.99% |
| Jun 20, 2024 | Carlos De Alba | Morgan Stanley | $7.50 | $7.79 | -3.72% | -1.57% |
| May 03, 2024 | Jackie Przybylowski | BMO Capital | $7.00 | $7.36 | -4.89% | -8.14% |
| Apr 09, 2024 | Orest Wowkodaw | Scotiabank | $6.00 | $7.49 | -19.89% | -21.26% |
| Apr 01, 2024 | Jackie Przybylowski | BMO Capital | $6.50 | $7.10 | -8.45% | -14.70% |
The latest Nexa Resources stock forecast, released on Oct 29, 2024 by Lawson Winder from Bank of America Securities, set a price target of $8.00, which represents a 1.78% increase from the stock price at the time of the forecast ($7.86), and a 4.99% increase from NEXA last price ($7.62).
Nexa Resources Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 5 |
| Avg Price Target | $8.00 | $8.00 | $7.00 |
| Last Closing Price | $7.62 | $7.62 | $7.62 |
| Upside/Downside | 4.99% | 4.99% | -8.14% |
In the current month, the average price target of Nexa Resources stock is $8.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.99% increase as opposed to Nexa Resources's last price of $7.62. This month's average price target is down 0.00% compared to last quarter, and up 14.29% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Jun 20, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| May 30, 2024 | Scotiabank | Underperform | Underperform | Hold |
| May 03, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 09, 2024 | Scotiabank | Underperform | Underperform | Hold |
| Apr 01, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Sep 16, 2022 | Morgan Stanley | - | Overweight | Upgrade |
Nexa Resources's last stock rating was published by Bank of America Securities on Oct 29, 2024. The company gave NEXA a "Underperform" rating, the same as its previous rate.
Nexa Resources Financial Forecast
Nexa Resources Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $667.32M | $779.77M | $702.64M | $829.43M | $722.14M | $677.91M | $655.08M | $686.19M | $602.93M | $634.52M | $537.83M |
| Avg Forecast | $811.79M | $802.63M | $793.56M | $784.60M | $775.74M | $766.98M | $758.32M | $749.76M | $741.29M | $732.92M | $732.02M | $720.65M | $696.44M | $678.95M | $668.20M | $595.82M | $626.26M | $562.36M | $549.06M | $725.53M | $624.57M | $644.46M | $804.28M | $713.21M | $689.78M | $657.50M | $645.48M | $599.39M | $625.09M | $529.29M |
| High Forecast | $828.94M | $819.58M | $810.33M | $801.18M | $792.13M | $783.19M | $774.34M | $765.60M | $756.95M | $748.41M | $747.48M | $755.54M | $712.51M | $696.50M | $668.20M | $595.93M | $627.34M | $574.24M | $560.66M | $740.85M | $637.76M | $644.46M | $804.28M | $713.21M | $689.78M | $657.50M | $645.48M | $599.39M | $625.09M | $529.29M |
| Low Forecast | $794.63M | $785.66M | $776.79M | $768.02M | $759.35M | $750.77M | $742.29M | $733.91M | $725.63M | $717.43M | $716.54M | $685.75M | $680.35M | $661.41M | $668.20M | $595.72M | $625.18M | $550.47M | $537.45M | $710.19M | $611.37M | $644.46M | $804.28M | $713.21M | $689.78M | $657.50M | $645.48M | $599.39M | $625.09M | $529.29M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.25% | 1.09% | 1.03% | 1.01% | 0.98% | 1.00% | 1.06% | 1.01% | 1.02% | 1.02% |
Nexa Resources's average Quarter revenue forecast for Jun 23 based on 1 analysts is $549.06M, with a low forecast of $537.45M, and a high forecast of $560.66M. NEXA's average Quarter revenue forecast represents a -17.72% decrease compared to the company's last Quarter revenue of $667.32M (Mar 23).
Nexa Resources EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.51M | $82.53M | $96.43M | $302.61M | $166.89M | $118.42M | $117.64M | $281.02M | $126.31M | $189.94M | $63.38M |
| Avg Forecast | $150.98M | $149.28M | $147.59M | $145.93M | $144.28M | $142.65M | $141.04M | $139.45M | $137.87M | $136.32M | $136.15M | $134.03M | $129.53M | $126.28M | $124.28M | $169.00M | $116.48M | $104.59M | $102.12M | $153.64M | $255.84M | $119.86M | $149.59M | $139.67M | $128.29M | $122.29M | $120.05M | $163.15M | $116.26M | $98.44M |
| High Forecast | $154.17M | $152.43M | $150.71M | $149.01M | $147.33M | $145.66M | $144.02M | $142.39M | $140.78M | $139.20M | $139.02M | $140.52M | $132.52M | $129.54M | $124.28M | $202.80M | $116.68M | $106.80M | $104.28M | $184.37M | $307.01M | $119.86M | $149.59M | $167.61M | $128.29M | $122.29M | $120.05M | $195.78M | $116.26M | $98.44M |
| Low Forecast | $147.79M | $146.12M | $144.47M | $142.84M | $141.23M | $139.64M | $138.06M | $136.50M | $134.96M | $133.43M | $133.27M | $127.54M | $126.54M | $123.01M | $124.28M | $135.20M | $116.28M | $102.38M | $99.96M | $122.91M | $204.67M | $119.86M | $149.59M | $111.74M | $128.29M | $122.29M | $120.05M | $130.52M | $116.26M | $98.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.32% | 0.80% | 2.02% | 1.19% | 0.92% | 0.96% | 2.34% | 0.77% | 1.63% | 0.64% |
1 analysts predict NEXA's average Quarter EBITDA for Jun 23 to be $102.12M, with a high of $104.28M and a low of $99.96M. This is -17.99% lower than Nexa Resources's previous annual EBITDA (Mar 23) of $124.51M.
Nexa Resources Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-15.41M | $-81.44M | $-39.87M | $109.00M | $63.01M | $11.36M | $-9.04M | $109.01M | $31.61M | $49.95M | $-34.67M |
| Avg Forecast | $31.57M | $31.44M | $31.32M | $48.02M | $26.46M | $26.87M | $27.27M | $44.18M | $24.83M | $25.49M | $29.08M | $24.97M | $28.65M | $17.06M | $31.12M | $47.93M | $-17.33M | $-29.87M | $-17.57M | $43.57M | $67.28M | $8.72M | $78.21M | $39.61M | $64.36M | $58.49M | $56.24M | $29.43M | $63.22M | $-1.11M |
| High Forecast | $32.44M | $32.30M | $32.18M | $49.34M | $27.19M | $27.61M | $28.02M | $45.39M | $25.51M | $26.20M | $29.88M | $25.66M | $32.90M | $17.53M | $31.72M | $57.51M | $23.10M | $26.14M | $-17.09M | $52.28M | $80.74M | $8.72M | $78.21M | $47.53M | $64.36M | $58.49M | $56.24M | $35.32M | $63.22M | $-1.11M |
| Low Forecast | $30.71M | $30.58M | $30.46M | $46.70M | $25.73M | $26.13M | $26.52M | $42.97M | $24.15M | $24.79M | $28.28M | $24.29M | $23.35M | $16.59M | $30.53M | $38.34M | $-57.76M | $-85.88M | $-18.05M | $34.85M | $53.83M | $8.72M | $78.21M | $31.69M | $64.36M | $58.49M | $56.24M | $23.55M | $63.22M | $-1.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.35% | -1.21% | -4.57% | 1.39% | 1.59% | 0.18% | -0.15% | 1.94% | 1.07% | 0.79% | 31.19% |
Nexa Resources's average Quarter net income forecast for Sep 22 is $8.72M, with a range of $8.72M to $8.72M. NEXA's average Quarter net income forecast represents a -92.00% decrease compared to the company's last Quarter net income of $109.00M (Jun 22).
Nexa Resources SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.78M | $40.07M | $30.91M | $35.82M | $34.67M | $51.76M | $36.72M | $33.50M | $57.37M | $55.15M | $54.70M |
| Avg Forecast | $52.80M | $52.20M | $51.61M | $51.03M | $50.46M | $49.89M | $49.32M | $48.77M | $48.22M | $47.67M | $47.61M | $46.87M | $45.30M | $44.16M | $43.46M | $26.37M | $40.73M | $36.58M | $35.71M | $23.97M | $74.28M | $41.92M | $52.31M | $21.80M | $44.86M | $42.77M | $41.98M | $74.10M | $40.66M | $34.43M |
| High Forecast | $53.92M | $53.31M | $52.71M | $52.11M | $51.52M | $50.94M | $50.36M | $49.80M | $49.23M | $48.68M | $48.62M | $49.14M | $46.34M | $45.30M | $43.46M | $31.65M | $40.80M | $37.35M | $36.47M | $28.77M | $89.14M | $41.92M | $52.31M | $26.15M | $44.86M | $42.77M | $41.98M | $88.93M | $40.66M | $34.43M |
| Low Forecast | $51.68M | $51.10M | $50.52M | $49.95M | $49.39M | $48.83M | $48.28M | $47.74M | $47.20M | $46.66M | $46.61M | $44.60M | $44.25M | $43.02M | $43.46M | $21.10M | $40.66M | $35.80M | $34.96M | $19.18M | $59.42M | $41.92M | $52.31M | $17.44M | $44.86M | $42.77M | $41.98M | $59.28M | $40.66M | $34.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 0.54% | 0.74% | 0.68% | 1.59% | 1.15% | 0.86% | 0.80% | 0.77% | 1.36% | 1.59% |
Nexa Resources's average Quarter SG&A projection for Jun 23 is $35.71M, based on 1 Wall Street analysts, with a range of $34.96M to $36.47M. The forecast indicates a 28.57% rise compared to NEXA last annual SG&A of $27.78M (Mar 23).
Nexa Resources EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.12 | $-0.61 | $-0.30 | $0.82 | $0.48 | $0.09 | $-0.07 | $0.82 | $0.24 | $0.38 | $-0.26 |
| Avg Forecast | $0.24 | $0.24 | $0.24 | $0.36 | $0.20 | $0.20 | $0.21 | $0.33 | $0.19 | $0.19 | $0.22 | $0.19 | $0.22 | $0.13 | $0.23 | $-0.12 | $-0.13 | $-0.23 | $-0.13 | $0.06 | $-0.09 | $0.07 | $0.59 | $0.37 | $0.49 | $0.44 | $0.42 | $0.40 | $0.48 | $-0.01 |
| High Forecast | $0.24 | $0.24 | $0.24 | $0.37 | $0.21 | $0.21 | $0.21 | $0.34 | $0.19 | $0.20 | $0.23 | $0.19 | $0.25 | $0.13 | $0.24 | $-0.12 | $0.17 | $0.20 | $-0.13 | $0.06 | $-0.09 | $0.07 | $0.59 | $0.37 | $0.49 | $0.44 | $0.42 | $0.40 | $0.48 | $-0.01 |
| Low Forecast | $0.23 | $0.23 | $0.23 | $0.35 | $0.19 | $0.20 | $0.20 | $0.32 | $0.18 | $0.19 | $0.21 | $0.18 | $0.18 | $0.13 | $0.23 | $-0.12 | $-0.44 | $-0.65 | $-0.14 | $0.05 | $-0.09 | $0.07 | $0.59 | $0.37 | $0.49 | $0.44 | $0.42 | $0.40 | $0.48 | $-0.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.14% | 6.83% | -4.56% | 1.39% | 1.31% | 0.18% | -0.15% | 1.93% | 0.61% | 0.80% | 30.97% |
According to 1 Wall Street analysts, Nexa Resources's projected average Quarter EPS for Sep 22 is $0.07, with a low estimate of $0.07 and a high estimate of $0.07. This represents a -91.97% decrease compared to NEXA previous annual EPS of $0.82 (Jun 22).