Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
14.76
-0.16 (-1.07%)
At close: Feb 21, 2025, 4:00 PM
14.87
+0.11 (0.75%)
After-hours: Feb 21, 2025, 7:03 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 23.85% from the current stock price of 14.76.
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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| 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 | 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 | +15.18% | Nov 12, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $17 → $19 | Hold → Buy | Upgrades | $17 → $19 | +28.73% | Sep 25, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $18 → $19 | Strong Buy | Maintains | $18 → $19 | +25.34% | Sep 18, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $18 → $20 | Hold → Buy | Upgrades | $18 → $20 | +35.50% | Aug 26, 2024 |
| UBS | UBS | Strong Buy Maintains $19 → $18 | Strong Buy | Maintains | $19 → $18 | +22.63% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
517.81B
from 511.99B
Increased by 1.14%
Revenue Next Year
521.31B
from 517.81B
Increased by 0.68%
EPS This Year
6.66
from 9.57
Decreased by -30.41%
EPS Next Year
8.56
from 6.66
Increased by 28.55%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 590.1B | 587.7B | 625.2B | ||
| Avg | 517.8B | 521.3B | 536.9B | ||
| Low | 432.5B | 447.0B | 458.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.3% | 13.5% | 19.9% | ||
| Avg | 1.1% | 0.7% | 3.0% | ||
| Low | -15.5% | -13.7% | -12.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.73 | 9.69 | 10.02 |
| Avg | 6.66 | 8.56 | 9.01 |
| Low | 5.29 | 5.85 | 7.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -19.2% | 45.5% | 17.0% |
| Avg | -30.4% | 28.5% | 5.2% |
| Low | -44.7% | -12.1% | -11.3% |
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.