Stock Price Prediction

GGB stock is currently trading at $2.88, reflecting a year-to-date decline of 25.33%. Bulls argue that Gerdau's strong Q3 EBITDA of R$3 billion (+14.9% QoQ) and its focus on infrastructure markets position it for recovery, especially if steel demand rebounds. A potential target price of $3.50 is plausible if market conditions improve and legal concerns diminish.

GGB stock is currently trading at $3.18, reflecting a bearish sentiment due to a 25.33% YTD decline. The recent antitrust settlement with CADE, costing R$256 million, adds financial strain without resolving broader market challenges. Weak steel demand and declining EBITDA (-10% YoY in Q3) further pressure the stock.

The market consensus for GGB's revenue in the upcoming quarter is projected to be approximately $17.814B BRL.