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

PBR.A Stock Forecast

Stock Price Forecast

The 2 analysts that cover PBR.A stock have a consensus rating of "Strong Buy" and an average price target of $14.85, which forecasts a 23.44% increase in the stock price over the next year. The lowest target is $14.4 and the highest is $15.3.

Price Target: $14.85 (+23.44%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$14.4	$14.85	$15.3	$15.3
Change	+19.70%	+23.44%	+27.18%	+27.18%

* Price targets were last updated on Aug 22, 2025.

Analyst Ratings

The average analyst rating for PBR.A stock 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 '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	5	5	4	4	4	2
Buy	2	2	2	2	2	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	6	6	6	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Luiz Carvalho UBS	UBS	Strong Buy Maintains $16 → $14	Strong Buy	Maintains	$16 → $14	+19.70%	Aug 22, 2025
Alejandro Demichelis Jefferies	Jefferies	Hold → Strong Buy Upgrades $15	Hold → Strong Buy	Upgrades	$15	+27.18%	May 15, 2025
Luiz Carvalho UBS	UBS	Strong Buy Maintains $16 → $16	Strong Buy	Maintains	$16 → $16	+31.34%	Apr 22, 2025
Alejandro Demichelis Jefferies	Jefferies	Hold Maintains $16 → $16	Hold	Maintains	$16 → $16	+34.66%	Nov 22, 2024
Bruno Amorim Goldman Sachs	Goldman Sachs	Strong Buy Maintains $15 → $17	Strong Buy	Maintains	$15 → $17	+41.31%	Nov 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

503.50B

Increased by 2.58%

from 490.83B

Revenue Next Year

504.12B

Increased by 0.12%

from 503.50B

EPS This Year

8.40

Increased by 195.91%

from 2.84

EPS Next Year

6.88

Decreased by -18.07%

from 8.40

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	272.07B	452.67B	641.26B	511.99B	490.83B	503.50B	504.12B
Revenue Growth	3.12%	66.38%	41.66%	-20.16%	-4.13%	2.58%	0.12%
EPS	0.54	8.18	14.44	9.57	2.84	8.40	6.88
EPS Growth	-82.29%	1,400.68%	76.55%	-33.72%	-70.34%	195.91%	-18.07%
Forward PE	-	-	-	-	-	7.64	9.32
No. Analysts	-	-	-	-	-	10	10

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	551.3B	581.4B
Avg	503.5B	504.1B
Low	460.9B	449.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	12.3%	15.5%
Avg	2.6%	0.1%
Low	-6.1%	-10.6%

EPS Forecast

EPS	2025	2026	2027
High	9.31	8.43
Avg	8.40	6.88
Low	6.93	5.42

EPS Growth

EPS Growth	2025	2026	2027
High	228.2%	0.4%
Avg	195.9%	-18.1%
Low	144.3%	-35.5%

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.