What Does Wall Street Think About Banco Bradesco S.A. (BBD)?

Banco Bradesco S.A. (NYSE:BBD) is one of the best penny stocks to buy according to hedge funds. Banco Bradesco S.A. (NYSE:BBD) reported a recurring net income of R$6.1 billion in its fiscal Q2 2025 results, reflecting a growth of 3.5% quarter-over-quarter and 28.6% year-over-year. Resultantly, ROAE topped 14.6% in the quarter.

Management further reported that revenue for the quarter reached R$34.0 billion, reflecting a growth of 15.1% year-over-year. This growth was driven by “an expressive growth” across all lines, including net interest income, income from insurance, and fee and commission income.

Banco Bradesco S.A. (NYSE:BBD) added that as per its guidance, revenue performance would be the primary reason behind the company’s profitability increase in 2025.

Banco Bradesco S.A. (NYSE:BBD) received a rating update on September 30, with Bank of America Securities analyst Mario Pierry maintaining a Buy rating on the stock and raising the price target from $3.19 to $4.12.

The analyst consensus on Banco Bradesco S.A. (NYSE:BBD) is currently a Moderate Buy, with the stock’s median price target of $3.17 implying an upside of 29.34% from current levels.

Formerly known as Banco Brasileiro de Descontos SA, Banco Bradesco (NYSE:BBD) is a public company based in Brazil that engages in the Banking Services Industry Group.

It operates as a wide-ranging commercial bank in terms of credit operations, total assets, and the volume of funding and deposits.

The company has a broad range of banking and financial services and products for key national and international institutions, companies, and individuals in Brazil and abroad.

While we acknowledge the potential of BBD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.