Nexa Resources S.A. (NEXA) shares surged 22.7% to $14.65 in the last trading session, influenced by a positive outlook following strong fourth-quarter 2025 results. The company reported net revenues of $903 million, an 18% quarter-over-quarter increase, driven by higher prices for lead, copper, and silver.
Citigroup recently raised its price target for NEXA from $11.00 to $12.50, while maintaining a “Neutral” rating. Similarly, Morgan Stanley upgraded the stock from “underweight” to “equal weight,” increasing its target from $7.70 to $11. This comes as the company anticipates posting quarterly earnings of $0.61 per share, up 281.3% year-over-year, and revenues of approximately $957.97 million, reflecting a 52.8% increase.
Despite the optimistic earnings expectations, the consensus EPS estimate for the upcoming quarter has been revised 14.3% lower in the past month. NEXA currently holds a Zacks Rank of #3 (Hold).
