Petróleo Brasileiro S.A. - Petrobras (PBR.A)

PBR.A Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for PBR.A stock have an average target of 18.28, with a low estimate of 17 and a high estimate of 20. The average target predicts an increase of 39.38% from the current stock price of 13.12.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$17	$18.28	$18.1	$20
Change	+29.62%	+39.38%	+38.01%	+52.50%

* Price targets were last updated on Nov 12, 2024.

Analyst Ratings

The average analyst rating for PBR.A stock from 8 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	5	5	5	5	5	5
Buy	2	2	2	2	2	2
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bruno Amorim Goldman Sachs	Goldman Sachs	Strong Buy Maintains $15 → $17	Strong Buy	Maintains	$15 → $17	+29.62%	Nov 12, 2024
Rodolfo Angele JP Morgan	JP Morgan	Hold → Buy Upgrades $17 → $19	Hold → Buy	Upgrades	$17 → $19	+44.87%	Sep 25, 2024
Cai Rumohr B of A Securities	B of A Securities	Strong Buy Maintains $18 → $19	Strong Buy	Maintains	$18 → $19	+41.06%	Sep 18, 2024
Bruno Montanari Morgan Stanley	Morgan Stanley	Hold → Buy Upgrades $18 → $20	Hold → Buy	Upgrades	$18 → $20	+52.50%	Aug 26, 2024
Luiz Carvalho UBS	UBS	Strong Buy Maintains $19 → $18	Strong Buy	Maintains	$19 → $18	+38.01%	Aug 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

515.07B

Increased by 4.94%

from 490.83B

Revenue Next Year

529.51B

Increased by 2.80%

from 515.07B

EPS This Year

8.48

Increased by 198.92%

from 2.84

EPS Next Year

8.83

Increased by 4.03%

from 8.48

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	272.07B	452.67B	641.26B	511.99B	490.83B	515.07B	529.51B	546.91B
Revenue Growth	3.12%	66.38%	41.66%	-20.16%	-4.13%	4.94%	2.80%	3.29%
EPS	0.54	8.18	14.44	9.57	2.84	8.48	8.83	-
EPS Growth	-82.29%	1,400.68%	76.55%	-33.72%	-70.34%	198.92%	4.03%	-
Forward PE	-	-	-	-	-	8.85	8.50	-
No. Analysts	-	-	-	-	-	10	9	6

Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	587.7B	625.2B	564.0B
Avg	515.1B	529.5B	546.9B
Low	447.0B	458.4B	512.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	19.7%	21.4%	6.5%
Avg	4.9%	2.8%	3.3%
Low	-8.9%	-11.0%	-3.2%

EPS Forecast

EPS	2025	2026
High	9.75	10.02
Avg	8.48	8.83
Low	5.85	7.60

EPS Growth

EPS Growth	2025	2026
High	243.7%	18.1%
Avg	198.9%	4.0%
Low	106.2%	-10.5%

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.