Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
14.38
-0.01 (-0.07%)
At close: Mar 28, 2025, 4:00 PM
14.32
-0.06 (-0.41%)
After-hours: Mar 28, 2025, 7:20 PM EDT

Petrobras Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Petrobras 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 27.12% from the current stock price of 14.38.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $17 $18.28 $18.1 $20
Change +18.22% +27.12% +25.87% +39.08%
* Price targets were last updated on Nov 12, 2024.

Analyst Ratings

The average analyst rating for Petrobras 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 '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 555555
Buy 222222
Hold 111111
Sell 000000
Strong Sell 000000
Total 888888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$15$17
Strong Buy Maintains $15$17 +18.22% Nov 12, 2024
JP Morgan
JP Morgan
Buy
Upgrades
$17$19
Buy Upgrades $17$19 +32.13% Sep 25, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$18$19
Strong Buy Maintains $18$19 +28.65% Sep 18, 2024
Morgan Stanley
Morgan Stanley
Buy
Upgrades
$18$20
Buy Upgrades $18$20 +39.08% Aug 26, 2024
UBS
UBS
Strong Buy
Maintains
$19$18
Strong Buy Maintains $19$18 +25.87% Aug 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
515.07B
from 490.83B
Increased by 4.94%
Revenue Next Year
529.51B
from 515.07B
Increased by 2.80%
EPS This Year
8.48
from 2.84
Increased by 198.92%
EPS Next Year
8.83
from 8.48
Increased by 4.03%
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
272.07B452.67B641.26B511.99B490.83B515.07B529.51B546.91B
Revenue Growth
3.12%66.38%41.66%-20.16%-4.13%4.94%2.80%3.29%
EPS
0.548.1814.449.572.848.488.83-
EPS Growth
-82.29%1,400.68%76.55%-33.72%-70.34%198.92%4.03%-
Forward PE
-----9.769.38-
No. Analysts -----1096
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
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 2025202620272028
High
19.7%
21.4%
6.5%
Avg
4.9%
2.8%
3.3%
Low
-8.9%
-11.0%
-3.2%

EPS Forecast

EPS 20252026
High 9.75 10.02
Avg 8.48 8.83
Low 5.85 7.60

EPS Growth

EPS Growth 20252026
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.