Nexa Resources (NEXA) Stock Forecast, Price Target & Predictions
NEXA Stock Forecast
Nexa Resources stock forecast is as follows: an average price target of $7.75 (represents a -1.65% downside from NEXA’s last price of $7.88) 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 $7.75 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 $7.50. This represents a potential -1.65% downside from NEXA's last price of $7.88.
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% | 1.52% |
| Jun 20, 2024 | Carlos De Alba | Morgan Stanley | $7.50 | $7.79 | -3.72% | -4.82% |
| May 03, 2024 | Jackie Przybylowski | BMO Capital | $7.00 | $7.36 | -4.89% | -11.17% |
| Apr 09, 2024 | Orest Wowkodaw | Scotiabank | $6.00 | $7.49 | -19.89% | -23.86% |
| Apr 01, 2024 | Jackie Przybylowski | BMO Capital | $6.50 | $7.10 | -8.45% | -17.51% |
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 1.52% increase from NEXA last price ($7.88).
Nexa Resources Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $8.00 | $7.00 |
| Last Closing Price | $7.88 | $7.88 | $7.88 |
| Upside/Downside | -100.00% | 1.52% | -11.17% |
In the current month, the average price target of Nexa Resources stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nexa Resources's last price of $7.88. 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
| 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 | $822.24M | $812.96M | $803.79M | $794.72M | $785.76M | $776.89M | $768.12M | $759.46M | $750.89M | $742.42M | $732.02M | $720.65M | $698.65M | $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 | $827.87M | $818.53M | $809.30M | $800.17M | $791.14M | $782.21M | $773.39M | $764.66M | $756.04M | $747.51M | $737.04M | $735.52M | $703.24M | $696.50M | $668.20M | $595.93M | $627.34M | $566.21M | $552.82M | $730.50M | $628.85M | $644.46M | $804.28M | $713.21M | $689.78M | $657.50M | $645.48M | $599.39M | $625.09M | $529.29M |
| Low Forecast | $816.60M | $807.39M | $798.28M | $789.27M | $780.37M | $771.56M | $762.86M | $754.25M | $745.74M | $737.33M | $727.00M | $705.77M | $694.05M | $661.41M | $668.20M | $595.72M | $625.18M | $558.50M | $545.29M | $720.55M | $620.29M | $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 | 1 | 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 $545.29M, and a high forecast of $552.82M. 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 | 1 | 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 | $85.14M | $84.18M | $83.23M | $82.29M | $81.36M | $80.45M | $79.54M | $78.64M | $77.75M | $76.88M | $75.80M | $74.62M | $72.34M | $70.31M | $69.19M | $169.00M | $64.85M | $58.23M | $56.85M | $153.64M | $255.84M | $119.86M | $149.59M | $139.67M | $128.29M | $122.29M | $120.05M | $163.15M | $116.26M | $98.44M |
| High Forecast | $85.73M | $84.76M | $83.80M | $82.86M | $81.92M | $81.00M | $80.08M | $79.18M | $78.29M | $77.40M | $76.32M | $76.16M | $72.82M | $72.12M | $69.19M | $202.80M | $64.96M | $58.63M | $57.24M | $184.37M | $307.01M | $119.86M | $149.59M | $167.61M | $128.29M | $122.29M | $120.05M | $195.78M | $116.26M | $98.44M |
| Low Forecast | $84.56M | $83.60M | $82.66M | $81.73M | $80.81M | $79.89M | $78.99M | $78.10M | $77.22M | $76.35M | $75.28M | $73.08M | $71.87M | $68.49M | $69.19M | $135.20M | $64.74M | $57.83M | $56.46M | $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 $56.85M, with a high of $57.24M and a low of $56.46M. This is -54.34% 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 | 1 | 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 | $30.90M | $31.79M | $36.68M | $27.90M | $43.54M | $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 | $31.85M | $31.72M | $31.60M | $48.45M | $26.70M | $27.11M | $27.51M | $44.57M | $31.18M | $32.07M | $37.01M | $28.15M | $55.06M | $17.21M | $31.72M | $57.51M | $23.10M | $26.14M | $-17.41M | $52.28M | $80.74M | $8.72M | $78.21M | $47.53M | $64.36M | $58.49M | $56.24M | $35.32M | $63.22M | $-1.11M |
| Low Forecast | $31.29M | $31.16M | $31.04M | $47.59M | $26.23M | $26.63M | $27.03M | $43.79M | $30.63M | $31.50M | $36.35M | $27.65M | $34.58M | $16.91M | $30.53M | $38.34M | $-57.76M | $-85.88M | $-17.73M | $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 | 1 | 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 | $53.48M | $52.88M | $52.28M | $51.69M | $51.11M | $50.53M | $49.96M | $49.40M | $48.84M | $48.29M | $47.61M | $46.87M | $45.44M | $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 | $53.85M | $53.24M | $52.64M | $52.05M | $51.46M | $50.88M | $50.30M | $49.74M | $49.18M | $48.62M | $47.94M | $47.84M | $45.74M | $45.30M | $43.46M | $31.65M | $40.80M | $36.83M | $35.96M | $28.77M | $89.14M | $41.92M | $52.31M | $26.15M | $44.86M | $42.77M | $41.98M | $88.93M | $40.66M | $34.43M |
| Low Forecast | $53.11M | $52.52M | $51.92M | $51.34M | $50.76M | $50.19M | $49.62M | $49.06M | $48.51M | $47.96M | $47.29M | $45.91M | $45.14M | $43.02M | $43.46M | $21.10M | $40.66M | $36.33M | $35.47M | $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 $35.47M to $35.96M. 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 | 1 | 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 | $0.23 | $0.24 | $0.28 | $0.21 | $0.33 | $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 | $0.20 | $0.20 | $0.21 | $0.34 | $0.24 | $0.24 | $0.28 | $0.21 | $0.42 | $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 | $0.24 | $0.24 | $0.23 | $0.36 | $0.20 | $0.20 | $0.20 | $0.33 | $0.23 | $0.24 | $0.27 | $0.21 | $0.26 | $0.13 | $0.23 | $-0.12 | $-0.44 | $-0.65 | $-0.13 | $0.06 | $-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).