
ERO Stock Forecast & Price Target
ERO Analyst Ratings
Bulls say
Ero Copper Corp has demonstrated a significant increase in its attributable Furnas 10% NAV, rising by 131% to $365 million, which represents 15% of the company's asset-level NAVPS. The corporate NAVPS has also shown a positive trend, increasing by 8% to C$25.64, indicating strong asset valuation as the company anticipates development initiatives beginning in 2029. Furthermore, Ero Copper is positioned for robust free cash flow growth with forecasts of $129 million, $360 million, and $362 million for the years 2025 to 2027, along with a notable total copper production increase of 18% quarter-over-quarter, aligning with the company's strategic and operational improvements.
Bears say
Ero Copper Corp's updated multi-year operating guidance, particularly for 2026 C1 cash costs, has proven weaker than expectations, contributing to a negative outlook. The company reported copper output at its Caraíba Operations at 10.4kt, falling short of the estimated 10.6kt due to decreased grades and recoveries, despite achieving record mill throughput. Additionally, weaker-than-anticipated Q3/25 results and a downward revision of 2026-2028 copper production guidance, along with a decrease in EBITDA estimates, suggest fundamental challenges that may impact the stock negatively.
This aggregate rating is based on analysts' research of ERO Copper Corp and is not a guaranteed prediction by Public.com or investment advice.
ERO Analyst Forecast & Price Prediction
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