GGB — Gerdau SA ADR

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates GGB Bullish with a Setup Score of 42, net conviction 29, actionability 62. How the Setup Score works →

Total Setup Score42
Directional BiasBullish
Net Conviction29
Actionability62 (in range)

Key signals behind this score

About Gerdau SA ADR

Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, and South America Business segments. The company offers rebars, bars, wires, thick plates, hot rolled coils, billets, blooms, plates, wire rods, and structural profiles. It also provides special steel products for agricultural, automotive, construction, distribution, energy, industrial, and mining markets… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$4.36
Market Cap$8.50B
Float556.2M
Shares Outstanding1.25B
P/E (Forward)6.92
P/E (TTM)20.62
Price/Sales (TTM)0.12
vs. Analyst Target+28.2% to analyst PT
Profit Margin3.22%
Operating Margin (TTM)12.75%
Revenue (TTM)$69.54B
Earnings Growth (YoY)73.50%
Dividend Rate0.1%
Analyst Target Price$5.59 (6 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $43.81B $2.37B $5.93B $7.02B
2021 $78.35B $15.49B $20.82B $23.99B
2022 $82.41B $11.43B $18.75B $19.69B
2023 $68.92B $7.50B $11.33B $13.23B
2024 $67.03B $4.57B $9.20B $9.39B
2025 $69.86B $1.39B $7.97B $7.57B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $17.53B $856M
Sep 2025 $17.98B $1.08B
Dec 2025 $16.97B -$1.30B
Mar 2026 $16.72B $1.00B

Ownership & Float

Insider Ownership0.0%
Institutional Ownership30.5%
Short Float6.6%
% of All Funds Holding2.41%
Number of Funds Holding212

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$4.56Near-term / short-term trend
Weekly40-Week SMA$4.19Medium-term trend
Weekly80-Week SMA$3.59Cyclical trend (business cycle)
Weekly200-Week SMA$3.73Secular trend (multi-year)
Monthly10-Month SMA$4.16Near-term monthly trend
Monthly20-Month SMA$3.55Medium-term monthly trend
Monthly40-Month SMA$3.61Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$3.70 support 1.11x 3 months ago
$3.20 support 2.06x 9 months ago

Historical Earnings Reactions (97 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.08% 0.00% 47.42% 12.21% -5.17%
1 Day -0.15% -0.60% 40.21% 24.25% -12.21%
1 Week -0.23% -0.49% 44.33% 20.28% -18.70%
2 Weeks -1.61% -1.04% 44.33% 32.78% -23.04%
1 Month 2.16% 0.40% 51.58% 54.55% -60.60%

Next earnings: October 23, 2026 (58 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan3.2%51.9%27
Feb0.5%55.6%27
Mar1.1%40.7%27
Apr6.3%60.7%28
May-2.7%39.3%28
Jun1.9%53.6%28
Jul4.2%64.3%28
Aug0.3%44.4%27
Sep-3.2%48.1%27
Oct3.1%59.3%27
Nov4.0%59.3%27
Dec3.9%70.4%27

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.09% 47.3% 1297
Tuesday 0.14% 49.1% 1417
Wednesday 0.16% 49.3% 1417
Thursday 0.07% 48.0% 1391
Friday 0.14% 49.1% 1384

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 30.5%

Insider Transactions — Smart Summary

Total insider ownership: 0.0%

12-Month Insider Activity Summary

Total Filings24
Net Value-$2.2M
Net Shares Change-539,380
% of Float-0.1%
C-Suite Filings5
Clusters Detected5

Key Insiders

NameTitleNet ValueFilingsActivity
Da Cunha Gustavo Werneck CEO and Board Member -$1.7M 3 1 buy, 2 sell
Johannpeter Andre Bier Gerdau -$490,048 1 1 sell
Wang Chia Yuan -$138,898.15 1 1 sell
Metz Mauricio -$57,450 2 2 sell
Mattiello Marcos Zilles -$53,078.137 1 1 sell
Japur Rafael Dorneles -$51,000 1 1 sell
Peres Cesar Obino da Rosa Officer -$36,800 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-04-10 – 2026-04-14 5 4 -$704,411.14 1 C-suite
2026-04-28 – 2026-05-12 8 4 -$3.3M 2 C-suite
2026-05-15 – 2026-05-28 4 3 -$108,300 1 C-suite
2026-06-03 – 2026-06-15 3 3 +$608,661.37 1 C-suite
2026-08-10 – 2026-08-14 3 3 -$594,126.137

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-15 Da Cunha Gustavo Werneck CEO and Board Member +$781,509.52 Transaction at $4.73, now -7.8%
2026-08-14 Mattiello Marcos Zilles -$53,078.137 Transaction at $5.11, now -14.7%
2026-08-10 Japur Rafael Dorneles -$51,000 Transaction at $5.10, now -14.5%
2026-06-03 Metz Mauricio -$33,950 Transaction at $4.85, now -10.1%
2026-05-28 Metz Mauricio -$23,500 Transaction at $4.70, now -7.2%
2026-04-10 Da Cunha Gustavo Werneck CEO and Board Member -$408,500 Transaction at $4.08, now +6.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Gerdau SA ADR (GGB) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for GGB on Trend Edge →