Banco Bilbao (BBVA) Upgraded to Strong Buy: Here's What You Should Know

Core Viewpoint - Banco Bilbao (BBVA) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - For Banco Bilbao, the Zacks Consensus Estimate has increased by 9.1% over the past three months, reflecting a positive trend in earnings estimates [8]. Investment Implications - The upgrade to Zacks Rank 1 suggests that Banco Bilbao is positioned in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. - The expected earnings for Banco Bilbao are projected at $2.03 per share for the fiscal year ending December 2025, with no year-over-year change anticipated [8].