Gerdau S.A. (GGB) Stock Price & Analysis
Gerdau S.A. (GGB) closed at USD 5.07 on Thursday, October 22, 2026, down 3.24% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 5.07; the Oct 22, 2026 session ranged USD 5.02–5.23 on volume of 16,718,080 shares. Market capitalization is —, with a 52-week range of USD 3.14–5.48 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:50 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GGB.md
Key facts (GGB)
- 1 of 80 tracked superinvestors hold GGB (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 24 Form 4 filings, $5.6M; 24 not under a Rule 10b5-1 plan ($5.6M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $782K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (5 analysts), mean target USD 5.9 (range 5.39–6.57).
- Total return with dividends: 1Y +53.5% vs S&P 500 +14.9%; 5Y +93.3% vs S&P 500 +80.3%.
- Next earnings: 2026-10-26, EPS estimate USD 1, revenue estimate $18.5B.
Superinvestors (SEC 13F-HR, Q2 2026) (GGB)
1 of 80 tracked investors hold GGB. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management | 0.32% | $29.2M | Added +5.7% |
Insider sales (SEC Form 4, open-market, last ~7 months) (GGB)
0 of 24 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-23 | Johannpeter Claudio | 85,607 | $423K | 0% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-09-17 | Lopes Rafael Gamboa | 51,800 | $264K | 38.3% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-08-10 | Johannpeter Andre Bier Gerdau | 99,200 | $490K | 0% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-08-06 | Japur Rafael Dorneles | 10,000 | $51K | 10.3% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-06-08 | Mattiello Marcos Zilles | 10,387 | $53K | 100% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-06-02 | Wang Chia Yuan | 30,935 | $139K | 100% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-06-02 | Metz Mauricio | 7,000 | $34K | 23.7% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-05-26 | Metz Mauricio | 5,000 | $24K | 14.5% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-05-22 | Japur Rafael Dorneles | 5,000 | $24K | 4.9% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-05-19 | Peres Cesar Obino Da Rosa | Officer | 8,000 | $37K | 99.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-13 | Metz Mauricio | 5,000 | $24K | 12.6% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-05-08 | Da Cunha Gustavo Werneck | CEO and Board Member | 432,854 | $2.1M | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-05 | Metz Mauricio | 2,000 | $9K | 4.8% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-05-05 | Wang Chia Yuan | 40,000 | $190K | 55.4% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-04-30 | Wang Chia Yuan | 20,000 | $91K | 21.7% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-04-28 | Da Cunha Gustavo Werneck | CEO and Board Member | 88,000 | $396K | 99.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-28 | Wang Chia Yuan | 76,700 | $344K | 45.4% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-04-28 | Uhlein Clemir | 38,276 | $173K | 100% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-04-28 | Metz Mauricio | 1,000 | $5K | 2.4% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-04-10 | Metz Mauricio | 1,000 | $4K | 2.3% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (GGB)
1 purchase, $782K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-12 | Da Cunha Gustavo Werneck | CEO and Board Member | 165,224 | $782K | 4.73 | Too little history (no open-market trades in 2023–2025) |
Analysts (GGB)
Consensus Buy (mean 2.00 on a 1–5 scale), 5 analysts; mean target USD 5.9 (low 5.39, high 6.57).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-04 | JP Morgan | Target raised | Overweight | $6 → $6.5 |
| 2026-08-27 | UBS | Target raised | Buy | $5.7 → $6.1 |
| 2026-06-25 | JP Morgan | Target raised | Overweight | $5.5 → $6 |
Total return (dividends reinvested) (GGB)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +53.5% | +93.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +53.8% | +14.1% |
| Volatility (annualized) | 36.3% | 37.5% |
| Max drawdown | -28.3% (Jan 2026→Mar 2026) | -46.0% (Jul 2023→Apr 2025) |
GGB suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Competitor | Nucor (NUE) | “The Company's principal competitors include Commercial Metals Company (CMC), Nucor Corporation, and Steel Dynamics Inc.” |
Quoted from the company's 20-F filed Mar 13, 2026.
Companies that name GGB in their SEC reports
| Relationship to GGB | Company | Filing | Sentence |
|---|---|---|---|
| customer | TENARIS SA (TS) | 20-F Mar 31, 2026 | “In Brazil, we purchase principally from Gerdau S.A., ArcelorMittal Tubarão and Usiminas, a subsidiary of Ternium; and in Argentina, we purchase from Ternium Argentina S.A. ("Ternium Argentina"), a subsidiary of Ternium.” |
GGB analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.00 | $0.83 | +20.2% | $18.53B | 2 |
| Next quarter (ends Dec 2026) | $0.66 | $0.53 | +24.5% | $17.78B | 2 |
| Current fiscal year (ends Dec 2026) | $2.89 | $2.70 | +6.8% | $70.66B | 3 |
| Next fiscal year (ends Dec 2027) | $3.17 | $3.00 | +5.4% | $73.12B | 3 |
GGB options: expected move
Options price a move of about ±14.8% (±$0.75) by Dec 18, 2026, which includes earnings on Oct 26, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Dec 18, 2026 | 56 | 47.5% | ±14.8% |
| Mar 19, 2027 | 147 | 36.5% | ±18.2% |
30-day implied volatility 46.3% vs 38% realized over the last 30 trading days. Put/call ratio (volume) 0.67. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:50 UTC)
| Price | USD 5.07 |
|---|---|
| Change | ▼ 3.24% (down) |
| Previous Close | USD 5.07 |
| Open | USD 5.07 |
| Day Range | USD 5.02 – 5.23 |
| 52-Week Range | USD 3.14 – 5.48 |
| Volume | 16,718,080 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (GGB)
Nexqual's technical model rates GGB "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 09:50 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 50.95 (neutral) |
| vs SMA50 | Above (USD 4.88) |
| MACD | 0.07 (positive) |
Analyst Ratings (GGB)
Wall Street analysts rate GGB "Buy" based on 5 analysts, with a mean price target of USD 5.9 (range USD 5.39–6.57), per Nexqual as of October 23, 2026 at 09:50 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 5.9 |
| High Target | USD 6.57 |
| Low Target | USD 5.39 |
| Buy / Hold / Sell | 3 / 2 / 0 |
Earnings (GGB)
| Next Earnings Date | 2026-10-26 |
|---|---|
| EPS Estimate | USD 1 |
| Revenue Estimate | $18.53B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.74 vs est 0.8 ▼ miss |
| 2026-03-31 | USD 0.51 vs est 0.76 ▼ miss |
| 2025-12-31 | USD 0.34 vs est 0.45 ▼ miss |
| 2025-09-30 | USD 0.54 vs est 0.58 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:50 UTC.
Financials & Fundamentals (GGB)
| Total Revenue | $69.54B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +2.00% |
| Gross Margin | +13.10% |
| Operating Margin | +12.75% |
| Profit Margin | +3.22% |
| ROE | +4.18% |
| Debt / Equity | 0.28 |
| Current Ratio | 2.87 |
| Total Cash | $5.45B |
| Total Debt | $15.17B |
Source: Nexqual, October 23, 2026 at 09:50 UTC.
Ownership (GGB)
| Insider Ownership | +0.02% |
|---|---|
| Institutional Ownership | +33.60% |
| Shares Outstanding | 1.24B |
| Float | 1.26B |
| Short % of Float | +5.06% |
Source: Nexqual, October 23, 2026 at 09:50 UTC.
Leadership (GGB)
Gerdau S.A. is led by Gustavo Werneck Da Cunha, Member of Board of Executive Officers, CEO & Director, per Nexqual as of October 23, 2026 at 09:50 UTC.
| Member of Board of Executive Officers, CEO & Director | Gustavo Werneck Da Cunha |
|---|---|
| Independent Vice Chairman of the Board | Claudio Gerdau Johannpeter |
| Vice President of Board of Executive Officers & Executive VP | Rafael Gamboa Lopes |
| Member of Board of Executive Officers, Executive VP, CFO & Director of Investor Relations | Rafael Dorneles Japur |
| Member of Board of Executive Officers and Director of Mining & Raw Materials | Wendel Gomes da Silva |
Major Backers & Investors (GGB)
Notable institutional backers of Gerdau S.A. include Acadian Asset Management. LLC, Ninety One UK Ltd, Capital Group, according to Nexqual as of October 23, 2026 at 09:50 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Acadian Asset Management. LLC | 3.86% |
| Ninety One UK Ltd | 2.44% |
| Capital Group | 2.13% |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 2.04% |
| NEW PERSPECTIVE FUND | 1.6% |
| Contrarian Capital Management, LLC | 1.51% |
| Donald Smith & Co., Inc. | 1.39% |
| Aquamarine Financial (cayman) Ltd | 1.33% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 1.45% |
Source: Nexqual, October 23, 2026 at 09:50 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CLF | Cleveland-Cliffs Inc. | USD 13.05 | ▼ 6.99% |
| PKX | POSCO Holdings Inc. | USD 52.35 | ▼ 6.27% |
| RS | Reliance, Inc. | USD 417.92 | ▼ 0.75% |
| SIM | Grupo Simec, S.A.B. de C.V. | USD 25.82 | ▼ 2.57% |
| STLD | Steel Dynamics, Inc. | USD 239.9 | ▼ 3.25% |
| MT | Arcelor Mittal NY Registry Shar | USD 60.18 | ▼ 5.18% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:50 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt