How Much Upside is Left in JBS N.V. (JBS)? Wall Street Analysts Think 41.82%

Core Viewpoint - JBS N.V. shares have increased by 14.4% recently, with analysts suggesting a potential upside of 41.8% based on a mean price target of $21.4 [1][11]. Price Targets and Analyst Estimates - The mean estimate consists of 10 short-term price targets, with a standard deviation of $1.85, indicating variability among analysts [2]. - The lowest estimate is $19.50, suggesting a 29.2% increase, while the highest estimate is $26.00, indicating a potential surge of 72.3% [2]. - A low standard deviation signifies a high degree of agreement among analysts regarding the stock's price movement [9]. Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about JBS's earnings prospects, with a positive trend in earnings estimate revisions [11]. - The Zacks Consensus Estimate for the current year has risen by 1.3% over the past month, with two estimates increasing and no negative revisions [12]. - JBS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13]. Caution on Price Targets - While price targets are commonly referenced, they can mislead investors, as empirical research indicates they rarely predict actual stock price movements [7][10]. - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [8].