
Nexa Resources (NEXA) Stock Forecast & Price Target
Nexa Resources (NEXA) Analyst Ratings
Bulls say
Nexa Resources SA, a low-cost integrated zinc producer, demonstrated improved financial metrics with a net debt to T12 EBITDA ratio of 2.3x, indicating stronger financial health. The company has revised its EBITDA estimates for 2024-2026 upwards, highlighting increasing expectations for operational performance despite fluctuations in cash cost forecasts. Additionally, Nexa's consistent zinc output and low projected cash costs further reinforce a positive outlook for the company's profitability and operational efficiency.
Bears say
Nexa Resources SA's financial outlook reflects significant challenges, as indicated by a 10% decrease in the NAVPS estimate, now at $4.42, primarily attributed to negative balance sheet adjustments. The company's updated multi-year guidance for zinc output, particularly from the Aripuanã mine, fell short of expectations, with Q4/24 results showing a 17% decline compared to estimates, resulting in a revised NAVPS estimate down by 45% to $3.33. Furthermore, EBITDA estimates for 2025 to 2027 have been adjusted downwards by an average of 12% annually, raising concerns over the company's future financial performance.
This aggregate rating is based on analysts' research of Nexa Resources and is not a guaranteed prediction by Public.com or investment advice.
Nexa Resources (NEXA) Analyst Forecast & Price Prediction
Start investing in Nexa Resources (NEXA)
Order type
Buy in
Order amount
Est. shares
0 shares