Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
11.72
-0.02 (-0.13%)
May 29, 2025, 4:00 PM - Market closed
Petrobras Stock Forecast
Stock Price Forecast
According to 7 professional analysts, the 12-month price target for Petrobras stock ranges from a low of $15.3 to a high of $20. The average analyst price target of $17.97 forecasts a 53.39% increase in the stock price over the next year.
Price Target: $17.97 (+53.39%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Petrobras 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $15 | Hold → Strong Buy | Upgrades | $15 | +30.60% | May 15, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $15 → $17 | Strong Buy | Maintains | $15 → $17 | +45.11% | Nov 12, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $17 → $19 | Hold → Buy | Upgrades | $17 → $19 | +62.19% | Sep 25, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $18 → $19 | Strong Buy | Maintains | $18 → $19 | +57.92% | Sep 18, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $18 → $20 | Hold → Buy | Upgrades | $18 → $20 | +70.72% | Aug 26, 2024 |
Financial Forecast
Revenue This Year
485.82B
from 490.83B
Decreased by -1.02%
Revenue Next Year
488.77B
from 485.82B
Increased by 0.61%
EPS This Year
8.17
from 2.84
Increased by 187.90%
EPS Next Year
8.09
from 8.17
Decreased by -0.94%
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 | 538.5B | 539.4B | 592.6B | ||
| Avg | 485.8B | 488.8B | 519.1B | ||
| Low | 422.5B | 396.6B | 434.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.7% | 11.0% | 21.3% | ||
| Avg | -1.0% | 0.6% | 6.2% | ||
| Low | -13.9% | -18.4% | -11.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.04 | 9.33 | 9.58 | ||
| Avg | 8.17 | 8.09 | 8.66 | ||
| Low | 6.56 | 6.68 | 7.14 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 218.6% | 14.1% | 18.3% | ||
| Avg | 187.9% | -0.9% | 7.1% | ||
| Low | 131.0% | -18.2% | -11.7% |
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.