Tecnoglass (TGLS) Stock Forecast, Price Target & Predictions
TGLS Stock Forecast
Tecnoglass stock forecast is as follows: an average price target of $64.00 (represents a 8.59% upside from TGLS’s last price of $58.94) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
TGLS Price Target
The average price target for Tecnoglass (TGLS) is $64.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $68.00 to $60.00. This represents a potential 8.59% upside from TGLS's last price of $58.94.
TGLS Analyst Ratings
According to 4 Wall Street analysts, Tecnoglass's rating consensus is 'Buy'. The analyst rating breakdown for TGLS stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Tecnoglass Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | Timothy Wojs | Robert W. Baird | $68.00 | $54.01 | 25.90% | 15.37% |
| May 13, 2024 | Brent Thielman | D.A. Davidson | $60.00 | $53.98 | 11.16% | 1.80% |
The latest Tecnoglass stock forecast, released on Aug 09, 2024 by Timothy Wojs from Robert W. Baird, set a price target of $68.00, which represents a 25.90% increase from the stock price at the time of the forecast ($54.01), and a 15.37% increase from TGLS last price ($58.94).
Tecnoglass Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $68.00 | $68.00 | $64.00 |
| Last Closing Price | $58.94 | $58.94 | $58.94 |
| Upside/Downside | 15.37% | 15.37% | 8.59% |
In the current month, the average price target of Tecnoglass stock is $68.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 15.37% increase as opposed to Tecnoglass's last price of $58.94. This month's average price target is down 0.00% compared to last quarter, and up 6.25% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 07, 2024 | D.A. Davidson | Buy | Buy | Hold |
| Apr 09, 2024 | D.A. Davidson | Buy | Buy | Hold |
| Apr 09, 2024 | B. Riley | Buy | Buy | Hold |
| Mar 05, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Feb 06, 2023 | B. Riley Securities | Buy | Buy | Hold |
Tecnoglass's last stock rating was published by D.A. Davidson on May 07, 2024. The company gave TGLS a "Buy" rating, the same as its previous rate.
Tecnoglass Financial Forecast
Tecnoglass Revenue Forecast
| 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $194.60M | $210.74M | - | $202.64M | $211.12M | $201.78M | - | $134.55M | $133.78M | $130.41M | $121.71M | $110.88M | $102.37M | $103.31M | $81.94M | $87.30M | $101.39M | $108.47M | $113.88M | $107.17M | $96.99M | $88.97M |
| Avg Forecast | $249.90M | $260.33M | $248.53M | $221.73M | $237.27M | $241.49M | $219.29M | $191.04M | $200.65M | $206.25M | $209.22M | $189.66M | $204.59M | $169.75M | $149.08M | $133.47M | $129.02M | $117.51M | $107.03M | $98.39M | $100.34M | $96.66M | $91.44M | $105.08M | $104.05M | $102.99M | $97.53M | $96.13M | $68.70M | $57.85M |
| High Forecast | $253.54M | $264.13M | $252.16M | $224.97M | $240.73M | $245.27M | $222.48M | $193.82M | $203.73M | $209.26M | $212.27M | $192.43M | $207.57M | $172.22M | $149.08M | $140.67M | $135.98M | $123.84M | $112.80M | $103.69M | $105.75M | $101.87M | $96.37M | $110.75M | $109.66M | $108.55M | $102.79M | $101.31M | $82.44M | $69.42M |
| Low Forecast | $245.47M | $255.72M | $244.13M | $217.80M | $233.06M | $237.69M | $215.40M | $187.65M | $195.48M | $202.60M | $205.51M | $186.30M | $200.97M | $166.74M | $149.08M | $129.01M | $124.70M | $113.57M | $103.44M | $95.10M | $96.99M | $93.43M | $88.38M | $101.57M | $100.57M | $99.55M | $94.27M | $92.92M | $54.96M | $46.28M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.02% | - | 1.07% | 1.03% | 1.19% | - | 1.01% | 1.04% | 1.11% | 1.14% | 1.13% | 1.02% | 1.07% | 0.90% | 0.83% | 0.97% | 1.05% | 1.17% | 1.11% | 1.41% | 1.54% |
Tecnoglass's average Quarter revenue forecast for Mar 24 based on 2 analysts is $191.04M, with a low forecast of $187.65M, and a high forecast of $193.82M. TGLS's average Quarter revenue forecast represents a -1.83% decrease compared to the company's last Quarter revenue of $194.60M (Dec 23).
Tecnoglass EBITDA Forecast
| 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | $50.57M | $61.01M | - | $81.18M | $86.12M | $77.21M | - | $41.14M | $39.92M | $36.68M | $34.16M | $31.93M | $23.53M | $25.98M | $20.03M | $18.55M | $17.12M | $21.93M | $24.31M | $20.35M | $22.07M | $14.12M |
| Avg Forecast | $70.74M | $73.70M | $70.36M | $62.77M | $67.17M | $68.36M | $62.08M | $54.08M | $56.80M | $58.39M | $59.23M | $53.69M | $57.92M | $29.09M | $42.20M | $33.35M | $36.52M | $26.44M | $21.84M | $9.29M | $28.41M | $19.64M | $17.00M | $-18.02M | $29.46M | $11.07M | $18.88M | $23.64M | $12.76M | $3.06M |
| High Forecast | $71.78M | $74.77M | $71.38M | $63.69M | $68.15M | $69.43M | $62.98M | $54.87M | $57.67M | $59.24M | $60.09M | $54.47M | $58.76M | $34.91M | $42.20M | $40.02M | $38.49M | $31.73M | $26.21M | $11.15M | $29.94M | $23.57M | $20.40M | $-14.42M | $31.04M | $13.29M | $22.66M | $28.37M | $15.31M | $3.67M |
| Low Forecast | $69.49M | $72.39M | $69.11M | $61.66M | $65.98M | $67.29M | $60.98M | $53.12M | $55.34M | $57.35M | $58.18M | $52.74M | $56.89M | $23.27M | $42.20M | $26.68M | $35.30M | $21.15M | $17.47M | $7.44M | $27.46M | $15.71M | $13.60M | $-21.62M | $28.47M | $8.86M | $15.11M | $18.92M | $10.21M | $2.45M |
| Surprise % | - | - | - | - | - | - | - | - | 0.89% | 1.04% | - | 1.51% | 1.49% | 2.65% | - | 1.23% | 1.09% | 1.39% | 1.56% | 3.44% | 0.83% | 1.32% | 1.18% | -1.03% | 0.58% | 1.98% | 1.29% | 0.86% | 1.73% | 4.61% |
2 analysts predict TGLS's average Quarter EBITDA for Mar 24 to be $54.08M, with a high of $54.87M and a low of $53.12M. This is 6.95% upper than Tecnoglass's previous annual EBITDA (Dec 23) of $50.57M.
Tecnoglass Net Income Forecast
| 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 16 |
| Net Income | - | - | - | - | - | - | - | - | $36.48M | $46.09M | - | $48.23M | $54.97M | $46.73M | - | $20.85M | $19.96M | $20.92M | $19.23M | $8.17M | $18.46M | $8.32M | $16.20M | $-18.67M | $10.89M | $-1.32M | $7.48M | $7.34M | $6.30M | $-3.87M |
| Avg Forecast | $53.42M | $56.55M | $50.29M | $39.48M | $46.43M | $46.90M | $38.88M | $31.02M | $35.37M | $45.67M | $50.38M | $42.11M | $47.28M | $16.44M | $26.98M | $18.28M | $19.23M | $14.94M | $12.18M | $3.67M | $9.51M | $7.12M | $8.22M | $-24.13M | $8.56M | $-1.29M | $6.16M | $7.34M | $4.07M | $-1.86M |
| High Forecast | $54.43M | $57.62M | $51.24M | $40.23M | $47.31M | $49.80M | $39.61M | $31.61M | $36.31M | $46.53M | $51.33M | $42.91M | $48.17M | $19.72M | $26.98M | $21.93M | $20.58M | $17.93M | $14.62M | $4.41M | $10.18M | $8.54M | $9.87M | $-19.30M | $9.15M | $-1.03M | $7.39M | $8.81M | $4.89M | $-1.49M |
| Low Forecast | $52.19M | $55.25M | $49.13M | $38.57M | $45.36M | $44.97M | $37.98M | $30.30M | $33.01M | $44.61M | $49.22M | $41.14M | $46.19M | $13.15M | $26.98M | $14.62M | $18.39M | $11.95M | $9.75M | $2.94M | $9.10M | $5.69M | $6.58M | $-28.95M | $8.18M | $-1.55M | $4.93M | $5.87M | $3.26M | $-2.23M |
| Surprise % | - | - | - | - | - | - | - | - | 1.03% | 1.01% | - | 1.15% | 1.16% | 2.84% | - | 1.14% | 1.04% | 1.40% | 1.58% | 2.22% | 1.94% | 1.17% | 1.97% | 0.77% | 1.27% | 1.02% | 1.21% | 1.00% | 1.55% | 2.08% |
Tecnoglass's average Quarter net income forecast for Mar 24 is $31.02M, with a range of $30.30M to $31.61M. TGLS's average Quarter net income forecast represents a -14.97% decrease compared to the company's last Quarter net income of $36.48M (Dec 23).
Tecnoglass SG&A Forecast
| 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 16 |
| SG&A | - | - | - | - | - | - | - | - | $1.35M | $-1.93M | - | $34.08M | $33.41M | $35.16M | - | $26.37M | $17.58M | $21.49M | $20.23M | $19.75M | $13.52M | $19.91M | $16.57M | $17.28M | $11.93M | $20.19M | $20.57M | $17.66M | $19.43M | $17.02M |
| Avg Forecast | $43.19M | $44.99M | $42.95M | $38.32M | $41.00M | $41.73M | $37.89M | $33.01M | $34.67M | $35.64M | $36.15M | $32.78M | $35.36M | $16.89M | $25.76M | $-321.89K | $22.30M | $15.35M | $12.81M | $8.89M | $17.34M | $17.03M | $8.41M | $22.21M | $17.98M | $22.21M | $16.94M | $17.66M | $12.57M | $8.64M |
| High Forecast | $43.81M | $45.64M | $43.58M | $38.88M | $41.60M | $42.38M | $38.45M | $33.49M | $35.21M | $36.16M | $36.68M | $33.25M | $35.87M | $20.26M | $25.76M | $-257.51K | $23.50M | $18.42M | $15.37M | $10.66M | $18.28M | $20.44M | $10.10M | $26.66M | $18.95M | $26.65M | $20.33M | $21.19M | $15.08M | $10.37M |
| Low Forecast | $42.42M | $44.19M | $42.19M | $37.64M | $40.28M | $41.08M | $37.22M | $32.43M | $33.78M | $35.01M | $35.51M | $32.19M | $34.73M | $13.51M | $25.76M | $-386.27K | $21.55M | $12.28M | $10.25M | $7.11M | $16.76M | $13.63M | $6.73M | $17.77M | $17.38M | $17.77M | $13.55M | $14.12M | $10.06M | $6.91M |
| Surprise % | - | - | - | - | - | - | - | - | 0.04% | -0.05% | - | 1.04% | 0.94% | 2.08% | - | -81.91% | 0.79% | 1.40% | 1.58% | 2.22% | 0.78% | 1.17% | 1.97% | 0.78% | 0.66% | 0.91% | 1.21% | 1.00% | 1.55% | 1.97% |
Tecnoglass's average Quarter SG&A projection for Mar 24 is $33.01M, based on 2 Wall Street analysts, with a range of $32.43M to $33.49M. The forecast indicates a 2340.01% rise compared to TGLS last annual SG&A of $1.35M (Dec 23).
Tecnoglass EPS Forecast
| 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $1.01 | $1.16 | $0.98 | - | $0.44 | $0.42 | $0.44 | $0.40 | $0.17 | $0.40 | $0.18 | $0.35 | $-0.40 | $0.23 | $-0.03 | $0.17 | $0.19 | $0.16 | $-0.11 |
| Avg Forecast | $1.14 | $1.20 | $1.07 | $0.84 | $0.99 | $1.00 | $0.83 | $0.66 | $0.75 | $0.97 | $1.07 | $0.90 | $1.01 | $0.71 | $0.57 | $0.46 | $0.41 | $0.35 | $0.32 | $0.22 | $0.20 | $0.17 | $0.13 | $0.14 | $0.18 | $0.20 | $0.18 | $0.15 | $0.11 | $0.07 |
| High Forecast | $1.16 | $1.23 | $1.09 | $0.86 | $1.01 | $1.06 | $0.84 | $0.67 | $0.77 | $0.99 | $1.09 | $0.91 | $1.03 | $0.72 | $0.57 | $0.50 | $0.44 | $0.37 | $0.34 | $0.23 | $0.22 | $0.18 | $0.14 | $0.15 | $0.19 | $0.22 | $0.19 | $0.16 | $0.13 | $0.08 |
| Low Forecast | $1.11 | $1.18 | $1.05 | $0.82 | $0.97 | $0.96 | $0.81 | $0.64 | $0.70 | $0.95 | $1.05 | $0.88 | $0.98 | $0.69 | $0.57 | $0.44 | $0.39 | $0.33 | $0.30 | $0.21 | $0.19 | $0.16 | $0.13 | $0.13 | $0.17 | $0.19 | $0.17 | $0.15 | $0.09 | $0.05 |
| Surprise % | - | - | - | - | - | - | - | - | 0.00% | 0.00% | - | 1.13% | 1.15% | 1.38% | - | 0.95% | 1.03% | 1.27% | 1.27% | 0.78% | 1.98% | 1.08% | 2.65% | -2.94% | 1.27% | -0.14% | 0.94% | 1.23% | 1.45% | -1.57% |
According to 2 Wall Street analysts, Tecnoglass's projected average Quarter EPS for Mar 24 is $0.66, with a low estimate of $0.64 and a high estimate of $0.67. This represents a 82400.00% increase compared to TGLS previous annual EPS of - (Dec 23).
Tecnoglass Peer Comparison by Price Target
TGLS Forecast FAQ
Is Tecnoglass a good buy?
Yes, according to 4 Wall Street analysts, Tecnoglass (TGLS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of TGLS's total ratings.
What is TGLS's price target?
Tecnoglass (TGLS) average price target is $64 with a range of $60 to $68, implying a 8.59% from its last price of $58.94. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Tecnoglass stock go up soon?
According to Wall Street analysts' prediction for TGLS stock, the company can go up by 8.59% (from the last price of $58.94 to the average price target of $64), up by 15.37% based on the highest stock price target, and up by 1.80% based on the lowest stock price target.
Can Tecnoglass stock reach $90?
TGLS's average twelve months analyst stock price target of $64 does not support the claim that Tecnoglass can reach $90 in the near future.
What is Tecnoglass's current price target trend?
1 Wall Street analyst forecast a $68 price target for Tecnoglass (TGLS) this month, up 15.37% from its last price of $58.94. Compared to the last 3 and 12 months, the average price target increased by 15.37% and increased by 8.59%, respectively.
What are Tecnoglass's analysts' financial forecasts?
Tecnoglass's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $889.08M (high $902.3M, low $873.81M), average EBITDA is $251.69M (high $255.43M, low $247.37M), average net income is $163.23M (high $168.34M, low $158.62M), average SG&A $153.64M (high $155.93M, low $151M), and average EPS is $3.47 (high $3.58, low $3.38). TGLS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $980.5M (high $994.79M, low $963.12M), average EBITDA is $277.57M (high $281.62M, low $272.65M), average net income is $199.74M (high $203.52M, low $195.13M), average SG&A $169.44M (high $171.91M, low $166.44M), and average EPS is $4.25 (high $4.33, low $4.15).
Did the TGLS's actual financial results beat the analysts' financial forecasts?
Based on Tecnoglass's last annual report (Dec 2023), the company's revenue was $833.26M, beating the average analysts forecast of $805.78M by 3.41%. Apple's EBITDA was $259.76M, beating the average prediction of $228.11M by 13.88%. The company's net income was $183.51M, beating the average estimation of $173.52M by 5.76%. Apple's SG&A was $-4.95M, missing the average forecast of $139.25M by -103.55%. Lastly, the company's EPS was $0.0039, missing the average prediction of $3.69 by -99.89%. In terms of the last quarterly report (Dec 2023), Tecnoglass's revenue was $194.6M, missing the average analysts' forecast of $200.65M by -3.01%. The company's EBITDA was $50.57M, missing the average prediction of $56.8M by -10.97%. Tecnoglass's net income was $36.48M, beating the average estimation of $35.37M by 3.15%. The company's SG&A was $1.35M, missing the average forecast of $34.67M by -96.10%. Lastly, the company's EPS was $0.0008, missing the average prediction of $0.752 by -99.89%