Tecnoglass (TGLS) Stock Forecast, Price Target & Predictions


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TGLS Stock Forecast


Tecnoglass stock forecast is as follows: an average price target of $72.50 (represents a -8.23% downside from TGLS’s last price of $79.00) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

TGLS Price Target


The average price target for Tecnoglass (TGLS) is $72.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $76.00 to $69.00. This represents a potential -8.23% downside from TGLS's last price of $79.00.

TGLS Analyst Ratings


Buy

According to 5 Wall Street analysts, Tecnoglass's rating consensus is 'Buy'. The analyst rating breakdown for TGLS stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Tecnoglass Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 23, 2024Alex RygielB.Riley Financial$69.00$68.650.51%-12.66%
Sep 17, 2024Timothy WojsRobert W. Baird$76.00$66.7813.81%-3.80%
Aug 09, 2024Timothy WojsRobert W. Baird$68.00$54.0125.90%-13.92%
May 13, 2024Brent ThielmanD.A. Davidson$60.00$53.9811.16%-24.05%

The latest Tecnoglass stock forecast, released on Sep 23, 2024 by Alex Rygiel from B.Riley Financial, set a price target of $69.00, which represents a 0.51% increase from the stock price at the time of the forecast ($68.65), and a -12.66% decrease from TGLS last price ($79.00).

Tecnoglass Price Target by Period


1M3M12M
# Anlaysts-14
Avg Price Target-$69.00$68.25
Last Closing Price$79.00$79.00$79.00
Upside/Downside-100.00%-12.66%-13.61%

In the current month, the average price target of Tecnoglass stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tecnoglass's last price of $79.00. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024Raymond JamesMarket PerformDowngrade
Oct 10, 2024B. RileyNeutralNeutralHold
Sep 23, 2024B. RileyBuyNeutralDowngrade
May 07, 2024D.A. DavidsonBuyBuyHold
Apr 09, 2024D.A. DavidsonBuyBuyHold
Apr 09, 2024B. RileyBuyBuyHold
Mar 05, 2024Stifel NicolausBuyBuyHold
Feb 06, 2023B. Riley SecuritiesBuyBuyHold

Tecnoglass's last stock rating was published by Raymond James on Oct 22, 2024. The company Downgrade its TGLS rating from "null" to "Market Perform".

Tecnoglass Financial Forecast


Tecnoglass Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$194.60M$210.74M-$202.64M$211.12M$201.78M$169.12M$134.55M$133.78M$130.41M$121.71M$110.88M$102.37M$103.31M$81.94M$87.30M$101.39M$108.47M
Avg Forecast$270.60M$278.00M$282.40M$248.00M$253.75M$261.13M$248.72M$223.30M$239.44M$240.19M$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
High Forecast$278.01M$285.61M$290.13M$254.79M$260.70M$268.28M$255.54M$229.42M$240.14M$241.03M$219.29M$196.27M$203.73M$206.25M$214.95M$194.86M$210.19M$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
Low Forecast$262.26M$269.44M$273.70M$240.36M$245.93M$253.08M$241.06M$216.42M$238.74M$239.34M$219.29M$185.15M$195.48M$206.25M$202.77M$183.82M$198.29M$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
# Analysts111111123122422211112222633322
Surprise %------------0.97%1.02%-1.07%1.03%1.19%1.13%1.01%1.04%1.11%1.14%1.13%1.02%1.07%0.90%0.83%0.97%1.05%

Tecnoglass's average Quarter revenue forecast for Mar 24 based on 2 analysts is $191.04M, with a low forecast of $185.15M, and a high forecast of $196.27M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123122422211112222633322
EBITDA------------$50.57M$61.01M-$81.18M$86.12M$77.21M$52.53M$41.14M$39.92M$36.68M$34.16M$31.93M$23.53M$25.98M$20.03M$18.55M$17.12M$21.93M
Avg Forecast$74.29M$76.32M$77.53M$68.09M$69.67M$71.69M$68.29M$61.31M$65.74M$65.94M$60.20M$52.45M$55.09M$56.63M$57.44M$52.07M$56.17M$48.05M$42.20M$33.35M$36.52M$33.26M$30.30M$9.29M$28.41M$27.36M$25.89M$-18.02M$29.46M$29.16M
High Forecast$76.33M$78.41M$79.66M$69.95M$71.57M$73.65M$70.16M$62.99M$65.93M$66.17M$60.20M$53.89M$55.93M$56.63M$59.01M$53.50M$57.71M$48.05M$42.20M$40.02M$36.52M$33.26M$30.30M$11.15M$28.41M$27.36M$25.89M$-14.42M$29.46M$29.16M
Low Forecast$72.00M$73.97M$75.14M$65.99M$67.52M$69.48M$66.18M$59.42M$65.55M$65.71M$60.20M$50.83M$53.67M$56.63M$55.67M$50.47M$54.44M$48.05M$42.20M$26.68M$36.52M$33.26M$30.30M$7.44M$28.41M$27.36M$25.89M$-21.62M$29.46M$29.16M
Surprise %------------0.92%1.08%-1.56%1.53%1.61%1.24%1.23%1.09%1.10%1.13%3.44%0.83%0.95%0.77%-1.03%0.58%0.75%

2 analysts predict TGLS's average Quarter EBITDA for Mar 24 to be $52.45M, with a high of $53.89M and a low of $50.83M. This is 3.72% upper than Tecnoglass's previous annual EBITDA (Dec 23) of $50.57M.

Tecnoglass Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123122422211112222633322
Net Income------------$36.48M$46.09M-$48.23M$54.97M$46.73M$33.19M$20.85M$19.96M$20.92M$19.23M$8.17M$18.46M$8.32M$16.20M$-18.67M$10.89M$-1.32M
Avg Forecast$59.69M$65.80M$60.63M$47.70M$53.46M$56.63M$50.52M$41.59M$47.84M$47.00M$38.88M$31.02M$35.36M$45.67M$50.38M$42.11M$47.28M$33.37M$26.98M$18.28M$19.19M$16.26M$14.80M$3.67M$9.49M$7.80M$6.20M$-24.13M$8.54M$9.56M
High Forecast$61.81M$68.14M$62.78M$49.40M$55.36M$58.65M$52.32M$43.07M$49.26M$47.16M$38.88M$31.96M$36.31M$45.67M$52.17M$43.61M$48.96M$33.37M$26.98M$21.93M$19.19M$16.26M$14.80M$4.41M$9.49M$7.80M$6.20M$-19.30M$8.54M$9.56M
Low Forecast$57.30M$63.16M$58.20M$45.79M$51.32M$54.36M$48.50M$39.93M$46.42M$46.83M$38.87M$30.08M$33.01M$45.66M$48.36M$40.42M$45.39M$33.37M$26.98M$14.62M$19.19M$16.26M$14.80M$2.94M$9.49M$7.80M$6.20M$-28.95M$8.54M$9.56M
Surprise %------------1.03%1.01%-1.15%1.16%1.40%1.23%1.14%1.04%1.29%1.30%2.22%1.94%1.07%2.61%0.77%1.28%-0.14%

Tecnoglass's average Quarter net income forecast for Mar 24 is $31.02M, with a range of $30.08M to $31.96M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123122422211112222633322
SG&A------------$1.35M$-1.93M-$34.08M$33.41M$35.16M$28.14M$26.37M$17.58M$21.49M$20.23M$19.75M$13.52M$19.91M$16.57M$17.28M$11.93M$20.19M
Avg Forecast$46.76M$48.04M$48.80M$42.86M$43.85M$45.12M$42.98M$38.59M$41.38M$41.51M$37.89M$33.01M$34.67M$35.64M$36.15M$32.78M$35.36M$29.33M$25.76M$-321.89K$22.30M$20.31M$18.50M$8.89M$17.34M$16.70M$15.80M$22.21M$17.98M$17.80M
High Forecast$48.04M$49.36M$50.14M$44.03M$45.05M$46.36M$44.16M$39.65M$41.50M$41.65M$37.89M$33.92M$35.21M$35.64M$37.15M$33.67M$36.32M$29.33M$25.76M$-257.51K$22.30M$20.31M$18.50M$10.66M$17.34M$16.70M$15.80M$26.66M$17.98M$17.80M
Low Forecast$45.32M$46.56M$47.30M$41.54M$42.50M$43.73M$41.66M$37.40M$41.26M$41.36M$37.89M$32.00M$33.78M$35.64M$35.04M$31.77M$34.27M$29.33M$25.76M$-386.27K$22.30M$20.31M$18.50M$7.11M$17.34M$16.70M$15.80M$17.77M$17.98M$17.80M
Surprise %------------0.04%-0.05%-1.04%0.94%1.20%1.09%-81.91%0.79%1.06%1.09%2.22%0.78%1.19%1.05%0.78%0.66%1.13%

Tecnoglass's average Quarter SG&A projection for Mar 24 is $33.01M, based on 2 Wall Street analysts, with a range of $32.00M to $33.92M. The forecast indicates a 2340.01% rise compared to TGLS last annual SG&A of $1.35M (Dec 23).

Tecnoglass EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123122422211112222633322
EPS---------------$1.01$1.16$0.98$0.70$0.44$0.42$0.44$0.40$0.17$0.40$0.18$0.35$-0.40$0.23$-0.03
Avg Forecast$1.27$1.40$1.29$1.01$1.14$1.21$1.07$0.89$1.02$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
High Forecast$1.32$1.45$1.34$1.05$1.18$1.25$1.11$0.92$1.05$1.00$0.83$0.68$0.77$0.97$1.11$0.93$1.04$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
Low Forecast$1.22$1.34$1.24$0.97$1.09$1.16$1.03$0.85$0.99$1.00$0.83$0.64$0.70$0.97$1.03$0.86$0.97$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
Surprise %------------0.00%0.00%-1.13%1.15%1.38%1.22%0.95%1.03%1.27%1.27%0.78%1.98%1.08%2.65%-2.94%1.27%-0.14%

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 $0.68. This represents a 82400.00% increase compared to TGLS previous annual EPS of - (Dec 23).

Tecnoglass Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LNTHLantheus$92.66$155.0067.28%Buy
CLFDClearfield$31.96$48.0050.19%Buy
ALGMAllegro MicroSystems$22.07$29.6734.44%Buy
ATKRAtkore$85.31$112.3331.67%Buy
TITNTitan Machinery$14.74$15.505.16%Hold
TGLSTecnoglass$81.24$72.50-10.76%Buy

TGLS Forecast FAQ


Is Tecnoglass a good buy?

Yes, according to 5 Wall Street analysts, Tecnoglass (TGLS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of TGLS's total ratings.

What is TGLS's price target?

Tecnoglass (TGLS) average price target is $72.5 with a range of $69 to $76, implying a -8.23% from its last price of $79. The data is based on 5 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 down by -8.23% (from the last price of $79 to the average price target of $72.5), down by -3.80% based on the highest stock price target, and down by -12.66% based on the lowest stock price target.

Can Tecnoglass stock reach $120?

TGLS's average twelve months analyst stock price target of $72.5 does not support the claim that Tecnoglass can reach $120 in the near future.

What are Tecnoglass's analysts' financial forecasts?

Tecnoglass's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $986.9M (high $1.01B, low $956.5M), average EBITDA is $270.95M (high $278.37M, low $262.6M), average net income is $202.2M (high $209.4M, low $194.11M), average SG&A $170.55M (high $175.22M, low $165.29M), and average EPS is $4.3 (high $4.46, low $4.13). TGLS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.08B (high $1.11B, low $1.05B), average EBITDA is $296.24M (high $304.35M, low $287.11M), average net income is $233.81M (high $242.13M, low $224.44M), average SG&A $186.46M (high $191.57M, low $180.72M), and average EPS is $4.97 (high $5.15, low $4.78).

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 $221.23M by 17.42%. 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 $55.09M by -8.20%. Tecnoglass's net income was $36.48M, beating the average estimation of $35.36M 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%