Braskem S.A. (BAK)
NYSE: BAK · Real-Time Price · USD
5.30
+0.34 (6.85%)
Nov 22, 2024, 4:00 PM EST - Market closed
Braskem Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Braskem stock have an average target of 9.75, with a low estimate of 9.50 and a high estimate of 10. The average target predicts an increase of 83.96% from the current stock price of 5.30.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 18, 2024.
Analyst Ratings
The average analyst rating for Braskem stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Buy Upgrades $7.7 → $10 | Hold → Strong Buy | Upgrades | $7.7 → $10 | +88.68% | Sep 18, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $10 → $9.5 | Hold | Maintains | $10 → $9.5 | +79.25% | Sep 10, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Aug 20, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $11 → $10 | Hold | Maintains | $11 → $10 | +88.68% | May 24, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $12 → $11 | Buy → Hold | Downgrades | $12 → $11 | +107.55% | Jul 5, 2023 |
Financial Forecast
Revenue This Year
80.63B
from 70.57B
Increased by 14.26%
Revenue Next Year
87.29B
from 80.63B
Increased by 8.26%
EPS This Year
-5.24
from -5.75
EPS Next Year
1.40
from -5.24
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 88.0B | 100.5B | 98.0B |
| Avg | 80.6B | 87.3B | 89.3B |
| Low | 72.5B | 72.5B | 73.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.7% | 24.6% | 12.3% |
| Avg | 14.3% | 8.3% | 2.3% |
| Low | 2.7% | -10.1% | -15.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.14 | 3.81 | 6.73 |
| Avg | -5.24 | 1.40 | 3.84 |
| Low | -8.23 | -0.57 | 1.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 380.0% |
| Avg | - | - | 173.6% |
| Low | - | - | 16.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.