Stock Price & Analysis

Based on the analysis of GGB stock, it is currently showing mixed signals but leans towards a neutral to slightly bullish position. The stock is trading near key support levels with improving sentiment post the antitrust settlement.

Recommendation: Hold GGB stock as it approaches key support levels with improving sentiment post the antitrust settlement. Consider buying if the stock breaks above $3.08, indicating a bullish trend.

The price prediction for GGB stock in 2025 is expected to range between $2.70 and $3.20, with a potential upside to $3.20 if market conditions improve. The stock is currently testing resistance levels and showing moderate bullish sentiment.

The S1 support level for GGB Stock is $2.82 ,The R1 resistant level for GGB Stock is $3.05.

As of the end of day on 2025-03-24, the price of GGB Stock was $2.97.

The target price for GGB Stock according to analyst rating is 3.20, with the highest price target at 3.20 and the lowest at 3.20. Analysts have a Hold rating on GGB Stock overall.

The market cap of GGB is $6.1B.

GGB may be fairly valued considering its challenges. Valuation metrics like PE, EV/EBITDA, PS, and PB are moderate to low, suggesting undervaluation, but declining revenues and net income, along with negative news, indicate fair pricing.

Gerdau SA is a Brazil-based manufacturer of steel products. The Company is engaged in the production and commercialization of steel products in general, through its mills located in Argentina, Brazil, Canada, Colombia, the United States, Mexico, Peru, the Dominican Republic, Uruguay and Venezuela. The Firm’s product portfolio includes crude steel; finished products for the construction industry, such as rebar, wire-rods, structural shapes, hot-rolled coils and heavy plates; finished industrial products, such as commercial rolled-steel bars, light profiles and wires; agricultural products, such as stakes, smooth wire and barbed-wire; and special steel items. The Company’s activities include also operations of iron ore mines located in the state of Minas Gerais.

GGB stock is predicted to reach $15 by 2030, driven by strong revenue growth and expanding market share. The stock's current price of $3.025 reflects undervaluation, with potential for significant upside as the company executes its growth strategy. However, risks such as market competition and regulatory challenges could impact the stock's performance.

GGB has a total of 27371 employees.