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Nexa Resources S.A. (NEXA) Stock Analysis

SellModerate Confidence

Basic Materials · Other Industrial Metals & Mining

Earnings in 6 days (2026-05-06). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Analyst target reached at $14.46 — A.R:R is negative (-2.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.4): -0.5.

Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces metallic zinc, zamac, gold, sulfuric acid and zinc oxide, as well as by-products, such as... Read more

$14.46+13.6% A.UpsideScore 6.1/10#2 of 21 Other Industrial Metals & Mining
Stop $13.44Target $16.41(resistance)A.R:R -2.1:1
Analyst target$11.44-20.9%8 analysts
$16.41our TP
$14.46price
$11.44mean
$6
$16

Sell if holding. Analyst target reached at $14.46 — A.R:R is negative (-2.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.4): -0.5. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 6.1/10, moderate confidence.

Passes 5/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: aggressive.

Thesis

Rewards
Attractive valuation
Strong growth profile
Risks
Analyst target reached - limited upside remaining
Leverage penalty (D/E 1.4): -0.5
Earnings in 6 days (event risk)

Key Metrics

P/E (TTM)14.2
P/E (Fwd)6.6
Mkt Cap$1.9B
EV/EBITDA5.3
Profit Mgn4.4%
ROE19.0%
Rev Growth21.9%
Beta0.60
Dividend1.18%
Rating analysts12

Quality Signals

Piotroski F6/9

Options Flow

P/C2.50bearish
IV78%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 ceiling hit

GatesA.R:R -2.1=NEGATIVEEARNINGS PROXIMITY 6d<=7dMomentum 5.5<5.5 (soft — BUY_NOW allowed but watch)Momentum 5.5>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARSuitability: Aggressive
RSI
69 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $10.35Resistance $16.75

Price Targets

$13
$16
A.Upside+13.5%
A.R:R-2.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (-31.1% upside)
! Negative risk/reward — downside exceeds upside
! EARNINGS_PROXIMITY:6d<=7d

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-05-06 (6d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is NEXA stock a buy right now?

Sell if holding. Analyst target reached at $14.46 — A.R:R is negative (-2.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.4): -0.5. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $13.44. Score 6.1/10, moderate confidence.

What is the NEXA stock price target?

Take-profit target: $16.41 (+13.6% upside). Prior stop was $13.44. Stop-loss: $13.44.

What are the risks of investing in NEXA?

Analyst target reached - limited upside remaining; Leverage penalty (D/E 1.4): -0.5; Earnings in 6 days (event risk).

Is NEXA overvalued or undervalued?

Nexa Resources S.A. trades at a P/E of 14.2 (forward 6.6). TrendMatrix value score: 8.1/10. Verdict: Sell.

What do analysts say about NEXA?

12 analysts cover NEXA with a consensus score of 2.4/5. Average price target: $11.

What does Nexa Resources S.A. do?Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The...

Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces metallic zinc, zamac, gold, sulfuric acid and zinc oxide, as well as by-products, such as sulfuric acid, silver concentrate, copper cement, copper sulfate, lead concentrate, lead-silver concentrate, and other metallurgical by-products. The Company owns and operates three polymetallic mines in Peru and two polymetallic mines in Brazil. The company owns and operates three polymetallic mines in Peru and two polymetallic mines in Brazil; zinc smelter in Peru and two zinc smelters in Brazil. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources S.A. is a subsidiary of Votorantim S.A.

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