Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
17.97
+0.50 (2.86%)
Jul 17, 2026, 4:00 PM EDT - Market closed
Petrobras Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, Petrobras stock has a consensus rating of "Buy" and an average price target of $22.82. The average 1-year stock price forecast is 26.99% higher than the current stock price, while the lowest is $19 (+5.73%) and the highest is $26 (+44.69%).
Price Target: $22.82 (+26.99%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Petrobras stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 7 | 8 | 7 | 7 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 6 | 7 | 5 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains $23 → $22 | Buy | Maintains | $23 → $22 | +22.98% | Jun 25, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $24 → $23 | Buy | Maintains | $24 → $23 | +27.99% | Jun 3, 2026 |
Unknown Analyst Banco Santander No rating | Banco Santander | Buy Upgrades $24 | Buy | Upgrades | $24 | +33.56% | May 21, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Upgrades $19 → $25 | Buy | Upgrades | $19 → $25 | +38.01% | Apr 17, 2026 |
| Bradesco | Bradesco | Buy Upgrades $17 → $19 | Buy | Upgrades | $17 → $19 | +5.73% | Apr 16, 2026 |
Financial Forecast
Revenue This Year
567.01B
from 497.55B
Increased by 13.96%
Revenue Next Year
541.33B
from 567.01B
Decreased by -4.53%
EPS This Year
10.92
EPS Next Year
9.54
from 10.92
Decreased by -12.61%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is BRL.