Ultrapar Participações S.A. (BVMF:UGPA3)

Ultrapar Participações Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Ultrapar Participações stock has a consensus rating of "Buy" and an average price target of R$32.17. The average 1-year stock price forecast is 29.09% higher than the current stock price, while the lowest is R$25.00 (+0.32%) and the highest is R$39.00 (+56.50%).

Price Target: R$32.17 (+29.09%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	R$25.00	R$32.17	R$32.00	R$39.00
Change	+0.32%	+29.09%	+28.41%	+56.50%

Analyst Ratings

The average analyst rating for Ultrapar Participações stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	6	6	5	5	4	4
Buy	4	4	4	4	4	4
Hold	5	5	6	7	8	7
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	0	0	1
Total	16	16	16	16	16	16

Financial Forecast

Revenue This Year

155.93B

Increased by 9.52%

from 142.37B

Revenue Next Year

156.03B

Increased by 0.07%

from 155.93B

EPS This Year

2.77

Increased by 23.84%

from 2.24

EPS Next Year

2.89

Increased by 4.07%

from 2.77

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	109.73B	143.63B	126.05B	133.50B	142.37B	155.93B
Revenue Growth	48.17%	30.90%	-12.24%	5.91%	6.65%	9.52%
Gross Profit	4.90B	6.39B	8.76B	9.69B	9.36B	10.09B
Gross Margin	4.47%	4.45%	6.95%	7.26%	6.57%	6.47%
Operating Income	1.39B	2.16B	3.86B	4.90B	4.95B	6.20B
Net Income	850.46M	1.80B	2.44B	2.36B	2.45B	3.02B
EPS	0.78	1.64	2.21	2.11	2.24	2.77
EPS Growth	-4.91%	111.41%	34.72%	-4.26%	5.99%	23.84%
Forward PE	17.01	16.19	21.64	8.81	9.93	8.98
Dividend / Share	0.37	0.51	0.65	0.70	1.30	1.39
Dividend Growth	-	37.84%	27.45%	7.69%	85.71%	7.04%
Free Cash Flow	-6.98B	8.83B	1.68B	834.44M	1.85B	2.97B
No. Analysts	-	-	-	-	-	13

Financial currency is BRL.

Revenue Forecast

Revenue	2026	2027	2028
High	173.3B
Avg	155.9B
Low	137.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	21.7%
Avg	9.5%
Low	-3.7%

EPS Forecast

EPS	2026	2027	2028
High	3.46
Avg	2.77
Low	2.34

EPS Growth

EPS Growth	2026	2027	2028
High	54.4%
Avg	23.8%
Low	4.6%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.