Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
11.70
+0.05 (0.43%)
May 9, 2025, 10:17 AM - Market open
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 56.50% from the current stock price of 11.70.
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 | +45.30% | Nov 12, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $17 → $19 | Hold → Buy | Upgrades | $17 → $19 | +62.39% | Sep 25, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $18 → $19 | Strong Buy | Maintains | $18 → $19 | +58.12% | Sep 18, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $18 → $20 | Hold → Buy | Upgrades | $18 → $20 | +70.94% | Aug 26, 2024 |
| UBS | UBS | Strong Buy Maintains $19 → $18 | Strong Buy | Maintains | $19 → $18 | +54.70% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
495.70B
from 490.83B
Increased by 0.99%
Revenue Next Year
500.93B
from 495.70B
Increased by 1.05%
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 | 495.7B | 500.9B | 535.2B | ||
| Low | 422.5B | 432.0B | 476.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.7% | 8.8% | 18.3% | ||
| Avg | 1.0% | 1.1% | 6.8% | ||
| Low | -13.9% | -12.8% | -4.8% |
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.