Analyst 52W Price Targets
$8.5Current
$11Low
$12.2Average
$13.4High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 18, 2026. Not an FN2 forecast.
Suzano S.A. · SUZ · FY2024 Q2 · Calendar Q3 2024
Suzano: Deleveraging and diversification support a solid Q2
The quarter supports a constructive operating thesis: robust EBITDA, deleveraging, stable cash costs and the Cerrado ramp-up provide support, while downstream investments add diversification. The thesis remains conditional on pulp prices, Chinese demand and execution of the mill ramp-up.
Reported After market closeNYSEBasic Materials
$10.48B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$-0.56
Consensus —
EPS surprise
—
Reported versus consensus
Reported revenue
$2.06B
Consensus —
Revenue surprise
—
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+3.4%
Event window
SPY move
+0.4%
Same window
Abnormal move
+3.0%
Stock minus SPY
Volume
2.8×
Versus trailing sessions
Subsequent drift
-2.6%
Up to 20 sessions
SUZSPY benchmark
Ask FN2 about SUZ FY2024 Q2
Transcript, numbers and history already loaded
What drove SUZ's +3.4% move after FY2024 Q2 earnings?What changed in SUZ's guidance and outlook in FY2024 Q2?Give me the bull and bear case for SUZ after FY2024 Q2 earnings.
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Transcript intelligence
What changed
Relative to the prior-quarter analysis, Suzano's Cerrado project had advanced into ramp-up, and management highlighted new strategic investments in Lenzing and Pactiv. The current analysis also described robust EBITDA, active deleveraging and a new 40-million-share repurchase tranche, while Chinese demand and pulp-price floors remained key concerns.
Guidance delta
Management's guidance sentiment was maintained; no quantified change was supplied.
Key takeaways
- Management described EBITDA as robust and highlighted active deleveraging.
- Cash costs were stable, with improvement expected as the Cerrado Ribas mill ramps up.
- Lenzing and Pactiv investments broaden downstream exposure while management said leverage would not be affected.
- Demand commentary was constructive for domestic paper, packaging and election-related activity, while Chinese pulp demand remained a risk.
Management priorities
- Ramp the Cerrado Ribas mill toward full design capacity by year-end.
- Prioritize high-return projects and continue share repurchases.
- Develop downstream packaging and textile opportunities through organic investment and acquisitions.
- Keep pulp inventories low and focus on price optimization.
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Named analyst price targets
Upside is calculated against the persisted current price $8.5. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Jefferies | Francisco Barbosa | $13.4 | $9.45 | +57.6% | Feb 5, 2026 |
| Bradesco | Thiago Lofiego | $11 | $9.71 | +29.4% | Aug 24, 2022 |
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Start freeCompany context
Snapshot as of publicationSuzano S.A. is a prominent global producer and seller of eucalyptus pulp and paper products, with operations extending internationally from its base in Brazil. Its core business is structured around distinct Pulp and Paper segments. The company's extensive product portfolio includes various types of paper, such as coated and uncoated printing and writing papers, paperboards, and tissue products. Additionally, Suzano supplies market and fluff pulps, along with lignin and its byproducts. Beyond these traditional offerings, Suzano maintains a diverse range of other ventures. These encompass the research, development, and production of biofuel, the operation of port terminals, and involvement in power generation and distribution.…
Historical context
All SUZ earningsBasic Materials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| AA Alcoa Corporation | FY2026 Q3 · Calendar Q4 2026 | +20.5% | +7.2% | Alcoa: Strong Q3 execution, with safety and transaction risks ahead |
Latest beats and misses
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-10-17T05:10:49.140638+00:00
- Polygon adjusted daily market bars · 2026-10-18T00:50:44.925496+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-18T00:50:44.922660+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-18. For educational purposes only; not investment advice.