WEG S.A.

BOVESPA:WEGE3 Stock Report

Market Cap: R$185.0b

WEG Future Growth

Future criteria checks 4/6

WEG is forecast to grow earnings and revenue by 12.9% and 12.5% per annum respectively. EPS is expected to grow by 13.2% per annum. Return on equity is forecast to be 35.8% in 3 years.

Key information

12.9%

Earnings growth rate

13.18%

EPS growth rate

Electrical earnings growth22.0%
Revenue growth rate12.5%
Future return on equity35.80%
Analyst coverage

Good

Last updated25 May 2026

Recent future growth updates

Analysis Article May 02

WEG S.A. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next

WEG S.A. ( BVMF:WEGE3 ) just released its latest first-quarter report and things are not looking great. WEG missed...
Analysis Article Jul 26

WEG S.A. (BVMF:WEGE3) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

WEG S.A. ( BVMF:WEGE3 ) just released its latest quarterly report and things are not looking great. Results look to...

Recent updates

Analysis Article May 02

WEG S.A. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next

WEG S.A. ( BVMF:WEGE3 ) just released its latest first-quarter report and things are not looking great. WEG missed...
Narrative Update May 02

WEGE3: Q4 Miss And Guidance Reset Will Support Long-Term Upside Potential

Analysts now see WEG's fair value holding at R$70.00, but the average price target edging down by R$1 to R$49.00 as they factor in the Q4 miss and softer guidance, along with slightly higher discount rates and adjusted growth and margin assumptions. Analyst Commentary The latest update from JPMorgan reflects how recent results and guidance are reshaping the way the market values WEG.
Narrative Update Apr 16

WEGE3: Q4 Reset Will Lay Groundwork For Stronger Earnings Power

Analysts have trimmed their 12 month price target for WEG to R$49 from R$50, reflecting recent Q4 results and updated guidance, while still supporting a fair value estimate of R$70 based on revised growth, margin, discount rate and P/E assumptions. Analyst Commentary JPMorgan's move to cut WEG to Neutral, with a R$49 price target versus the earlier R$50, highlights how recent Q4 results and guidance have tempered near term expectations while still leaving room for a higher long term fair value case around R$70.
Narrative Update Apr 01

WEGE3: Future Earnings Power To Be Tested After Neutral Downgrade

Analysts now see fair value for WEG at about R$54.26, up from roughly R$53.17. This reflects slightly softer revenue growth assumptions, a modestly higher long term profit margin, and a neutral stance following recent price target cuts tied to the Q4 miss and revised guidance.
Narrative Update Mar 18

WEGE3: Future Earnings Power To Drive Upside After Neutral Downgrade

Analysts have reduced their price target on WEG by R$1 to R$49, reflecting recent Q4 results and updated company guidance. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the new R$49 price target still sits close to prior expectations, suggesting they see the Q4 miss and updated guidance as manageable for long term execution.
Narrative Update Mar 04

WEGE3: Future Earnings Power To Drive Upside Despite Recent Downgrade

Analysts have lifted their fair value estimate for WEG by R$4.00 to R$52.89, reflecting updated views on discount rate, revenue growth, profit margin and future P/E assumptions, even as recent research pointed to a Q4 miss and softer company guidance. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value estimate of R$52.89 as implying room for upside versus JPMorgan's R$49 price target, even after the downgrade.
Narrative Update Feb 17

WEGE3: Tariff And Renewables Risks Will Pressure Overvalued Shares

Analysts have raised their price target on WEG to R$55, citing what they view as overly cautious market sentiment on tariffs and renewables orders, along with Street models for 2026-27 EBITDA that they estimate are roughly 7% below their own projections. Analyst Commentary Even with the new R$55 price target, there is still a split in how analysts see the risk and reward for WEG.
Narrative Update Feb 03

WEGE3: Tariff Fears Will Ease As Earnings Power Proves More Resilient

Narrative Update The analyst price target for WEG has increased from R$56.00 to approximately R$67.64. Analysts attribute this change to what they view as overly cautious market concerns regarding tariffs and renewables orders, as well as their higher EBITDA estimates for 2026 and 2027.
Narrative Update Jan 20

WEGE3: Tariff And Renewables Uncertainty Will Weigh On Future Earnings

Analysts have trimmed their fair value estimate for WEG from R$38.80 to R$38.00, citing updated assumptions on discount rates, revenue growth, margins and future P/E, after recent research highlighted tariff and renewables concerns that some view as overdone. Analyst Commentary Recent commentary on WEG has highlighted a split view.
Narrative Update Jan 06

WEGE3: Fair Value Hinges On Tariff Risks And Renewables Order Execution

Analysts have raised their fair value estimate for WEG from R$47.46 to R$48.89, citing a higher long term P/E assumption and Street research that views tariff and renewables order concerns as overdone, with some EBITDA expectations running about 7% above consensus for 2026 to 2027. Analyst Commentary Bullish Takeaways Bullish analysts see the higher long term P/E assumption as supported by their R$55 price target, which implies room for valuation expansion relative to the updated fair value of R$48.89.
Analysis Article Jan 04

Is Now The Time To Put WEG (BVMF:WEGE3) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Dec 15

WEGE3: Electrification And Automation Demand Will Support Upside Despite Tariff Fears

Analysts have trimmed their fair value estimate for WEG from R$64 to R$56, reflecting a slightly higher perceived risk. They also highlight stronger long term revenue growth, resilient margins, and Street research pointing to overdone concerns around tariffs and renewable order softness.
Analysis Article Dec 03

These 4 Measures Indicate That WEG (BVMF:WEGE3) Is Using Debt Safely

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Dec 01

WEGE3: Margin Resilience And Tariff Concerns Will Shape Business Stability

Analysts have increased their price target for WEG from R$46.88 to R$47.46. They cite improved revenue growth expectations and express confidence that recent concerns about tariffs and renewables are overstated.
Narrative Update Nov 17

WEGE3: Measured Revenue and Profit Margins Expected to Boost Stability Ahead

Analysts have raised their price target for WEG from $46.49 to $46.88, citing expectations of slightly higher revenue growth and improved profit margins in upcoming periods. What's in the News The Board of Directors reviewed and approved updates to the Risk Management Policy.
Narrative Update Nov 01

WEGE3: Policy Updates And Margins Will Guide Opportunities Amid Fair Valuation

Analysts have slightly lowered their price target for WEG, reducing the fair value estimate from $47.95 to $46.49. This adjustment is due to minor changes in profit margin forecasts and discount rates, despite a small uptick in projected revenue growth.
Analysis Article Oct 28

Investor Optimism Abounds WEG S.A. (BVMF:WEGE3) But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 27x WEG S.A. ( BVMF:WEGE3 ) may be sending very bearish signals at the...
Narrative Update Oct 18

Global Grid Modernization And Automation Will Fuel Market Opportunities

Analysts have slightly reduced their fair value estimate for WEG, lowering the price target from R$48.49 to R$47.95. This change is due to modest adjustments to expected revenue growth and discount rates.
Narrative Update Oct 04

Global Grid Modernization And Automation Will Fuel Market Opportunities

Analysts have revised their fair value estimate for WEG downward from $50.66 to $48.49. This change is due to slightly reduced revenue growth forecasts and a higher discount rate, even as profit margin expectations have improved modestly.
Analysis Article Sep 18

Does WEG (BVMF:WEGE3) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Aug 31

Returns On Capital Are A Standout For WEG (BVMF:WEGE3)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Analysis Article Aug 13

WEG (BVMF:WEGE3) Seems To Use Debt Rather Sparingly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jul 26

WEG S.A. (BVMF:WEGE3) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

WEG S.A. ( BVMF:WEGE3 ) just released its latest quarterly report and things are not looking great. Results look to...
Analysis Article Jul 15

What WEG S.A.'s (BVMF:WEGE3) P/E Is Not Telling You

WEG S.A.'s ( BVMF:WEGE3 ) price-to-earnings (or "P/E") ratio of 26.5x might make it look like a strong sell right now...
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New Narrative Nov 07

Decisive Acquisitions And Emerging Markets Propel Growth And Innovation In Power Solutions

Strategic acquisitions and verticalization enhance production capabilities and operational efficiency, boosting revenue growth and market share.

Earnings and Revenue Growth Forecasts

BOVESPA:WEGE3 - Analysts future estimates and past financials data (BRL Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202856,9648,9916,50210,08011
12/31/202748,7177,5045,0808,69814
12/31/202641,8036,2753,6847,24514
3/31/202640,1946,2874,4817,173N/A
12/31/202540,8046,3763,7606,451N/A
9/30/202541,3806,4834,2716,820N/A
6/30/202540,9656,4113,8286,140N/A
3/31/202540,0326,2614,0946,214N/A
12/31/202437,9876,0435,4027,252N/A
9/30/202435,7266,0935,0566,672N/A
6/30/202433,9445,8265,3786,991N/A
3/31/202432,8415,7534,6386,305N/A
12/31/202332,5045,7325,3637,022N/A
9/30/202331,9225,1804,8286,460N/A
6/30/202331,7585,0264,1155,642N/A
3/31/202330,7734,5713,6594,968N/A
12/31/202229,9054,2081,7632,937N/A
9/30/202228,4653,8898431,927N/A
6/30/202226,7523,544-48934N/A
3/31/202225,3153,766-8916N/A
12/31/202123,5633,5862091,056N/A
9/30/202121,9133,4541,2972,002N/A
6/30/202120,5163,2852,8493,478N/A
3/31/202118,8322,6653,2413,809N/A
12/31/202017,4702,3413,3713,930N/A
9/30/202016,3582,0992,8263,387N/A
6/30/202014,9071,8731,9342,480N/A
3/31/202014,1291,7481,8242,380N/A
12/31/201913,3471,615N/A1,908N/A
9/30/201912,6931,449N/A1,616N/A
6/30/201912,5811,413N/A1,150N/A
3/31/201912,3511,360N/A904N/A
12/31/201811,9701,338N/A1,300N/A
9/30/201811,5191,303N/A891N/A
6/30/201810,7171,234N/A1,041N/A
3/31/20189,9411,169N/A1,138N/A
12/31/20179,5241,142N/A1,107N/A
9/30/20179,2271,165N/A1,517N/A
6/30/20179,0301,110N/A1,654N/A
3/31/20179,0851,093N/A2,166N/A
12/31/20169,3671,118N/A2,131N/A
9/30/20169,7241,178N/A1,866N/A
6/30/201610,0321,187N/A1,566N/A
3/31/201610,0461,193N/A1,110N/A
12/31/20159,7601,156N/A982N/A
9/30/20159,2061,035N/A1,030N/A
6/30/20158,7151,029N/A1,025N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WEGE3's forecast earnings growth (12.9% per year) is above the savings rate (12.4%).

Earnings vs Market: WEGE3's earnings (12.9% per year) are forecast to grow faster than the BR market (12.6% per year).

High Growth Earnings: WEGE3's earnings are forecast to grow, but not significantly.

Revenue vs Market: WEGE3's revenue (12.5% per year) is forecast to grow faster than the BR market (6.9% per year).

High Growth Revenue: WEGE3's revenue (12.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WEGE3's Return on Equity is forecast to be high in 3 years time (35.8%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 06:04
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

WEG S.A. is covered by 24 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luan CalimerioBB Banco de Investimento S.A.
Rogério AraújoBofA Global Research
Daniel FederleBradesco S.A. Corretora de Títulos e Valores Mobiliários