Buy now: Price is sitting right on the pivot/support area (~35.0) after a -3.96% regular-session drop, while the broader trend remains bullish (SMA_5 > SMA_20 > SMA_200).
Upside setup favors impatient entries: Nearest upside targets are R1 ~38.53 then R2 ~40.69; the pullback improves entry vs. chasing strength.
Sentiment tailwind: Options positioning is strongly call-skewed (bullish) and analysts have been raising targets recently.
Activity: Today’s option volume 2018 with calls 1926 vs puts 92; volume is elevated vs recent averages (today vs 30D avg shown as 26.67 in feed).
Volatility: IV is high (30D IV ~67.29; IV percentile ~91.24) implying the market is pricing a larger-than-usual move (often seen ahead of catalysts).
Technical Summary
Sell
7
Buy
7
Positive Catalysts
Upcoming earnings catalyst: Q4/FY2025 results 2026-03-05 after hours with call 2026-03-06; can re-rate shares quickly if margins/production surprise positively.
Analyst momentum: Multiple firms have raised price targets recently while maintaining Buy/Outperform.
Bullish options skew: Heavy call dominance suggests traders are positioning for upside.
Neutral/Negative Catalysts
Cooling momentum: MACD is positive but contracting, consistent with a near-term consolidation risk.
Gross margin 33.02%, down 23.25% YoY (margin compression is the key negative trend to monitor into Q4/FY).
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Trend: Wall Street tone has improved with recent price-target raises and continued bullish ratings.
Notable updates:
2026-01-30: Canaccord raised PT to C$55 (from C$48), Buy.
2026-01-26: Scotiabank raised PT to C$50 (from C$45), Outperform.
2025-12-30: Freedom Capital initiated Buy, $32 PT, citing high-grade/low-cost Brazil asset base and peer discount.
2025-12-05: CIBC raised PT to C$42 (from C$37), kept Neutral.
Pros view: High-quality Brazil-focused asset base + leverage to copper prices; multiple target hikes suggest improving confidence.
Cons view: Some caution remains (Neutral rating) and recent quarters showed margin/earnings softness, which could cap upside if not resolved.
Wall Street analysts forecast ERO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ERO is 25.65 USD with a low forecast of 22.32 USD and a high forecast of 30.23 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast ERO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ERO is 25.65 USD with a low forecast of 22.32 USD and a high forecast of 30.23 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 35.240
Low
22.32
Averages
25.65
High
30.23
Current: 35.240
Low
22.32
Averages
25.65
High
30.23
Canaccord
Buy
maintain
$48 -> $55
AI Analysis
2026-01-30
Reason
Canaccord
Price Target
$48 -> $55
AI Analysis
2026-01-30
maintain
Buy
Reason
Canaccord raised the firm's price target on Ero Copper to C$55 from C$48 and keeps a Buy rating on the shares.
Scotiabank
NULL -> Outperform
maintain
$45 -> $50
2026-01-26
Reason
Scotiabank
Price Target
$45 -> $50
2026-01-26
maintain
NULL -> Outperform
Reason
Scotiabank raised the firm's price target on Ero Copper to C$50 from C$45 and keeps an Outperform rating on the shares.
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