
Nexa Resources (NEXA) Stock Forecast & Price Target
Nexa Resources (NEXA) Analyst Ratings
Bulls say
Nexa Resources SA exhibited a positive financial outlook, highlighted by an improved net debt to trailing twelve months EBITDA ratio of 2.2x and a significant operational recovery at the Aripuanã zinc mine, which produced a record high of 10.4kt of Zn. Additionally, the company's reported cash costs notably outperformed forecasts, with cash costs at $0.11/lb, contributing to overall operational efficiency despite a higher cost of goods sold of $528M. Furthermore, the projected free cash flow is expected to improve significantly from $8M in 2025 to $248M by 2027, indicating a strengthening financial position moving forward.
Bears say
Nexa Resources SA's outlook is negatively impacted by a deterioration in its net debt to T12 EBITDA ratio, which stands at 2.3x, indicating elevated debt leverage concerns. The company's adjusted EPS reported a loss of ($0.03), significantly underperforming both estimated and consensus expectations, while zinc output declined 11% year-over-year, falling short of forecasts by 3%. Furthermore, revised EBITDA estimates for 2025 through 2027 have decreased by an average of 4% per annum, reflecting a muted outlook for zinc and a weak forecasted free cash flow profile amid ongoing operational challenges.
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
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