Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
11.62
+0.40 (3.57%)
At close: Apr 17, 2025, 4:00 PM
11.66
+0.04 (0.34%)
After-hours: Apr 17, 2025, 4:58 PM EDT
Petrobras Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Petrobras stock have an average target of 18.31, with a low estimate of 17 and a high estimate of 20. The average target predicts an increase of 57.57% from the current stock price of 11.62.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 12, 2024.
Analyst Ratings
The average analyst rating for Petrobras stock from 7 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| 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 | 7 |
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 | +46.30% | Nov 12, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $17 → $19 | Hold → Buy | Upgrades | $17 → $19 | +63.51% | Sep 25, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $18 → $19 | Strong Buy | Maintains | $18 → $19 | +59.21% | Sep 18, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $18 → $20 | Hold → Buy | Upgrades | $18 → $20 | +72.12% | Aug 26, 2024 |
| UBS | UBS | Strong Buy Maintains $19 → $18 | Strong Buy | Maintains | $19 → $18 | +55.77% | Aug 19, 2024 |
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
8.40
from 2.84
Increased by 195.82%
EPS Next Year
8.44
from 8.40
Increased by 0.56%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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 | 2029 |
|---|---|---|---|---|---|
| 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 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.57 | 9.41 | 9.77 | ||
| Avg | 8.40 | 8.44 | 8.82 | ||
| Low | 5.85 | 7.06 | 7.14 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 237.1% | 12.1% | 15.7% | ||
| Avg | 195.8% | 0.6% | 4.4% | ||
| Low | 106.2% | -15.9% | -15.4% |
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.