Petróleo Brasileiro S.A. - Petrobras (PBR)

NYSE: PBR · Real-Time Price · USD

25.30

+0.61 (2.47%)

At close: Oct 9, 2026, 4:00 PM EDT

25.34

+0.04 (0.14%)

After-hours: Oct 9, 2026, 7:59 PM EDT

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 $23.31. The average 1-year stock price forecast is 7.87% lower than the current stock price, while the lowest is $17.4 (-31.23%) and the highest is $31 (+22.53%).

Price Target: $23.31 (-7.87%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$17.4	$23.31	$23.5	$31
Change	-31.23%	-7.87%	-7.11%	+22.53%

Analyst 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

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	8	7	7	8	8	8
Buy	3	3	3	3	3	3
Hold	4	4	4	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	14	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tasso Vasconcellos UBS	UBS	Buy Maintains $22 → $23	Buy	Maintains	$22 → $23	-9.09%	Sep 23, 2026
Milene Carvalho J.P. Morgan	J.P. Morgan	Buy Maintains $23 → $24	Buy	Maintains	$23 → $24	-5.14%	Sep 1, 2026
Vicente Falanga Bradesco	Bradesco	Buy Upgrades $20	Buy	Upgrades	$20	-20.95%	Aug 27, 2026
Caio Ribeiro Bank of America Securities	Bank of America Securities	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Aug 7, 2026
Bruno Amorim Goldman Sachs	Goldman Sachs	Buy Maintains $23 → $22	Buy	Maintains	$23 → $22	-12.65%	Jun 25, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

602.54B

from 497.55B

21.10%

from 497.55B

Revenue Next Year

569.34B

from 602.54B

-5.51%

from 602.54B

EPS This Year

14.00

from -

EPS Next Year

13.58

from 14.00

-2.99%

from 14.00

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	452.67B	641.26B	511.99B	490.83B	497.55B	602.54B
Revenue Growth	66.38%	41.66%	-20.16%	-4.13%	1.37%	21.10%
Gross Profit	219.64B	334.10B	269.93B	246.46B	237.00B	336.06B
Gross Margin	48.52%	52.10%	52.72%	50.21%	47.63%	55.78%
Operating Income	187.33B	303.53B	203.94B	155.88B	161.79B	241.10B
Net Income	106.67B	188.33B	124.61B	36.61B	110.13B	155.62B
EPS	-	-	-	-	-	14.00
Forward PE	-	-	-	-	-	9.02
Dividend / Share	7.77	17.06	7.27	5.73	3.20	4.07
Dividend Growth	880.43%	119.50%	-57.39%	-21.13%	-44.21%	27.31%
Free Cash Flow	-	-	-	-	87.26B	121.26B
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is BRL.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	682.9B
Avg	602.5B
Low	531.4B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	37.2%
Avg	21.1%
Low	6.8%

EPS Forecast

Chart

EPS	2026	2027	2028
High	14.00
Avg	14.00
Low	14.00

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	70.3%
Avg	70.3%
Low	70.3%