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Nexa Resources Posts Strong 4Q25 and FY2025 Results With Higher Earnings and Zinc Output

Tipranks - Fri Feb 27, 3:32PM CST

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The latest update is out from Nexa Resources SA ( (NEXA) ).

On February 26, 2026, Nexa Resources reported its fourth-quarter and full-year 2025 results, highlighting record quarterly performance supported by higher zinc and by-product prices, stronger production at key mines, and disciplined cost control. The company posted 2025 net income of US$223 million and adjusted EBITDA of US$772 million on net revenues of US$3 billion, while reducing gross debt and keeping net debt at 1.7x last twelve months adjusted EBITDA.

Zinc production rose 24% year-over-year in the fourth quarter to 91kt, with the Aripuanã mine achieving its highest output to date and contributing increasingly to earnings as plant performance improved. Smelting volumes declined modestly in line with guidance, but higher prices and by-product credits boosted margins even as mining and smelting unit costs rose, reinforcing Nexa’s financial resilience and supporting its strategy to extend asset life, improve mine–smelter integration, and return capital to shareholders.

The most recent analyst rating on (NEXA) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Nexa Resources SA stock, see the NEXA Stock Forecast page.

Spark’s Take on NEXA Stock

According to Spark, TipRanks’ AI Analyst, NEXA is a Neutral.

Overall score reflects mixed financial performance (weak net profitability and high leverage, partly offset by improving cash flow), a technically strong but overbought setup (high RSI/Stoch), and weak earnings-based valuation (negative P/E). The latest earnings call was a positive offset, citing improving production, profitability, free cash flow, and modest deleveraging, though operational stability and cost pressures remain key risks.

To see Spark’s full report on NEXA stock, click here.

More about Nexa Resources SA

Nexa Resources S.A., headquartered in Luxembourg, operates in the metals and mining industry with a focus on zinc, copper, and silver production and related smelting operations. The company runs mines and smelters in Latin America, positioning itself as a significant producer of zinc and a relevant primary silver producer, with growing exposure to energy transition and electrification-linked demand.

Average Trading Volume: 730,089

Technical Sentiment Signal: Buy

Current Market Cap: $1.58B

For detailed information about NEXA stock, go to TipRanks’ Stock Analysis page.

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