Braskem S.A. (BAK)
| Market Cap | 1.64B |
| Revenue (ttm) | 13.76B |
| Net Income (ttm) | -1.33B |
| Shares Out | 796.97M |
| EPS (ttm) | -1.67 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,066,101 |
| Open | 4.030 |
| Previous Close | 4.050 |
| Day's Range | 4.000 - 4.120 |
| 52-Week Range | 3.925 - 10.980 |
| Beta | 1.08 |
| Analysts | Strong Buy |
| Price Target | 9.75 (+143.14%) |
| Earnings Date | Nov 6, 2024 |
About BAK
Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company produces and sells olefins, including ethylene, polymer and chemical grade propylene, butadiene, and butene-1; intermediates, such as cumene, paraxylene, ortho-xylene, and others; polyethylene (PE) and polypropylene (PP); polyvinyl chloride; hydrochloric acid, dichloroethane – EDC, and sodium hypochlorite; fuels, such as gasoline, boosters, and others; solvents, such as toluene, xylene, and other products; and specialties comprising polyisobutene,... [Read more]
Financial Performance
In 2023, Braskem's revenue was 70.57 billion, a decrease of -26.89% compared to the previous year's 96.52 billion. Losses were -4.58 billion, 1262.8% more than in 2022.
Financial numbers in BRL Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for BAK stock is "Strong Buy." The 12-month stock price forecast is $9.75, which is an increase of 143.14% from the latest price.
News
Top 3 Materials Stocks That May Rocket Higher In December
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Braskem: Petrochemical Market Conditions Bottoming
Braskem's stock has plummeted, but recent improvements in operating results and positive earnings call discussions suggest a potential turnaround. The Brazilian Real's depreciation has hurt Braskem, b...
Exclusive: Brazil's government and banks in talks to take Novonor's Braskem stake, sources say
Brazil's government and several of its largest commercial banks are working on a plan to speed the divestment of engineering group Novonor's majority stake in Braskem , Latin America's largest petroch...
Top 3 Materials Stocks That Could Blast Off In November
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Philadelphia Eagles and Braskem “Tackling STEM” Program Empowers Youth Across the Greater Philadelphia Area
PHILADELPHIA--(BUSINESS WIRE)--The Philadelphia Eagles and Braskem, (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market...
Braskem S.A. (BAK) Q3 2024 Earnings Call Transcript
Braskem S.A. (NYSE:BAK) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Rosana Avolio - IR, Strategic Planning & Corporate Market Intelligence Director Roberto Bisch...
Braskem reports Recurring EBITDA of R$2.4 billion in 3Q24, 44% higher compared to 2Q24
Highest quarterly Recurring EBITDA since 2Q22 SÃO PAULO, Nov. 7, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest resin producer in the Americas a...
Braskem and WEAV3D® Awarded by the Society for Plastics Engineers (SPE) and American Composites Manufacturers Association (ACMA)
PHILADELPHIA--(BUSINESS WIRE)-- #braskem--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pionee...
Braskem Selected to Negotiate Terms of a Prestigious $50 Million Award from U.S. Department of Energy to Drive Electrification Revolution
PHILADELPHIA & HOUSTON--(BUSINESS WIRE)-- #braskem--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), the Americas' leading polyolefins producer and a global pioneer in biopolymers, tod...
Braskem America Introduces Bio-Circular Polypropylene (PP): A Sustainable Solution for the Restaurant and Snack Food Industries
PHILADELPHIA--(BUSINESS WIRE)-- #braskem--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pionee...
Braskem Q2: Mixed Results, Cheap Valuation
I recommend buying Braskem shares post-2Q24 results, which showed operational improvement despite missing market expectations and ongoing financial challenges. BAK's revenue remained stable at $3.65 b...
Galway Sustainable Capital Continues to Expand Leadership Team
WASHINGTON--(BUSINESS WIRE)--Galway Sustainable Capital (“Galway”), a specialty finance company, announces the expansion of its leadership team and additional hires, strengthening its commitment to ac...
Braskem Announces the Official Opening of its Renewable Innovation Center in Lexington, Massachusetts
PHILADELPHIA & LEXINGTON, Mass.--(BUSINESS WIRE)-- #braskem--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a market leade...
Braskem S.A. (BAK) Q2 2024 Earnings Call Transcript
Braskem S.A. (NYSE:BAK) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Rosana Avolio - Director of IR, Strategic Planning and Corporate Market Intelligence Roberto B...
Braskem and WEAV3D® Win the Altair Enlighten 2024 Future of Lightweighting Award
PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer ...
Braskem posts Recurring EBITDA of US$320 million in the quarter, 39% higher than 1Q24 and 128% higher than 2Q23
SÃO PAULO, Aug. 8, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, pre...
Braskem: Likely Waiting To Be Purchased
Braskem's controlling holding, Novonor, is looking for a buyer for its stake in the company. The proposals to purchase this stake exceed the company's current market cap by two times. For this reason,...
Brazil senators suggest charges against Braskem over sinking city
A Brazilian congressional committee on Tuesday suggested charging petrochemical producer Braskem with crimes against the environment and public properties over the sinking soil of a city that forced t...
Braskem Expands Its Fuels Business Portfolio With the Launch of Octane Plus
SAO PAULO--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the worl...
Braskem posts Recurring EBITDA of US$230 million in the quarter, 9% higher than 4Q23 and 12% higher than 1Q23
SÃO PAULO, May 9, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, pres...
Braskem S.A. (BAK) Q4 2023 Earnings Call Transcript
Braskem S.A. (BAK) Q4 2023 Earnings Call Transcript
Braskem posts Recurring EBITDA of US$211 million in the quarter, up 13% from 3Q23
SÃO PAULO, March 19, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, p...
Shell Chemicals and Braskem Bring Certified Bio-Attributed and Bio-Circular Propylene and Polypropylene to the U.S. Market
HOUSTON & PHILADELPHIA--(BUSINESS WIRE)--Shell Chemicals recently started to supply Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) with bio-attributed and bio-circular propyl...
Braskem Donates to the Mary M. Campbell Marcus Hook Public Library
MARCUS HOOK, Pa.--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), a company committed to human rights and equity in our supply chain and the local developmen...
Braskem Hosts 25th Red Cross Blood Drive in Partnership with the American Red Cross
KENOVA, W. Va.--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer produ...