Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
13.81
+0.09 (0.66%)
At close: Jan 21, 2025, 4:00 PM
13.74
-0.07 (-0.51%)
After-hours: Jan 21, 2025, 7:26 PM EST
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 32.37% from the current stock price of 13.81.
Analyst Consensus: Strong Buy
* 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 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 |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $15 → $17 | Strong Buy | Maintains | $15 → $17 | +23.10% | Nov 12, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $17 → $19 | Hold → Buy | Upgrades | $17 → $19 | +37.58% | Sep 25, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $18 → $19 | Strong Buy | Maintains | $18 → $19 | +33.96% | Sep 18, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $18 → $20 | Hold → Buy | Upgrades | $18 → $20 | +44.82% | Aug 26, 2024 |
| UBS | UBS | Strong Buy Maintains $19 → $18 | Strong Buy | Maintains | $19 → $18 | +31.06% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
515.56B
from 511.99B
Increased by 0.70%
Revenue Next Year
524.13B
from 515.56B
Increased by 1.66%
EPS This Year
6.47
from 9.57
Decreased by -32.40%
EPS Next Year
8.19
from 6.47
Increased by 26.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 567.1B | 587.7B | 636.8B | ||
| Avg | 515.6B | 524.1B | 545.9B | ||
| Low | 432.5B | 447.0B | 458.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.8% | 14.0% | 21.5% | ||
| Avg | 0.7% | 1.7% | 4.2% | ||
| Low | -15.5% | -13.3% | -12.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.20 | 11.19 | 11.31 |
| Avg | 6.47 | 8.19 | 8.86 |
| Low | 5.45 | 5.85 | 6.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -24.8% | 73.0% | 38.1% |
| Avg | -32.4% | 26.6% | 8.2% |
| Low | -43.1% | -9.6% | -15.1% |
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.