Embraer (ERJ) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Embraer in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ERJ shares.
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6 analysts have issued 12-month price targets for Embraer's shares. Their ERJ share price forecasts range from $14.00 to $26.50. On average, they expect the company's stock price to reach $19.25 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price.
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Embraer's stock was trading at $10.93 at the beginning of the year. Since then, ERJ shares have increased by 43.6% and is now trading at $15.70.
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Embraer saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,240,000 shares, an increase of 30.2% from the April 30th total of 1,720,000 shares. Based on an average trading volume of 1,730,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.2% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
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Embraer S.A. (NYSE:ERJ) released its quarterly earnings results on Thursday, May, 4th. The aerospace company reported ($0.48) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by $0.45. The aerospace company had revenue of $716.70 million for the quarter, compared to analysts' expectations of $701.45 million. Embraer had a positive trailing twelve-month return on equity of 0.65% and a negative net margin of 0.08%.

ETFs with the largest weight of Embraer (NYSE:ERJ) stock in their portfolio include Meet Kevin Pricing Power ETF (PP), AdvisorShares Dorsey Wright ADR ETF (AADR), SPDR Kensho Future Security ETF (FITE), SPDR S&P Kensho New Economies Composite ETF (KOMP), U.S. Global Jets ETF (JETS), AAM Transformers ETF (TRFM), Avantis Responsible Emerging Markets Equity ETF (AVSE) and Avantis Emerging Markets Equity ETF (AVEM).

Embraer issued an update on its FY 2023 earnings guidance on Saturday, March, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.20 billion-$5.70 billion, compared to the consensus revenue estimate of $5.37 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Embraer investors own include Delta Air Lines (DAL), General Electric (GE), Micron Technology (MU), Bank of America (BAC), California Resources (CRC), Intel (INTC), Netflix (NFLX), Occidental Petroleum (OXY) and Citigroup (C).

Embraer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERJ."

Embraer's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Brandes Investment Partners LP (10.06%), FMR LLC (2.14%), Becker Capital Management Inc. (1.81%), American Century Companies Inc. (1.76%), Bank of America Corp DE (1.70%) and Dimensional Fund Advisors LP (1.17%).

Shares of ERJ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ERJ stock can currently be purchased for approximately $15.70.

Embraer (NYSE:ERJ) has a market capitalization of $2.88 billion and generates $4.54 billion in revenue each year. The aerospace company earns $-185,400,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis.

The company employs 19,475 workers across the globe.

Embraer's mailing address is AV. BRIGADEIRO FARIA LIMA 2170, SAO JOSE DOS CAMPOS D5, 12227901. The official website for the company is www.embraer.com. The aerospace company can be reached via phone at 551130406874, via email at investor.relations@embraer.com, or via fax at 55-12-3927-6600.