Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
20.55
-0.72 (-3.39%)
Apr 24, 2026, 12:02 PM EDT - Market open
Petrobras Stock Forecast
Stock Price Forecast
The 5 analysts that cover Petrobras stock have a consensus rating of "Strong Buy" and an average price target of $17.56, which forecasts a -14.55% decrease in the stock price over the next year. The lowest target is $14.4 and the highest is $24.8.
Price Target: $17.56 (-14.55%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Petrobras stock 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 '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 4 | 3 | 4 |
| Buy | 2 | 2 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 3 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $19 → $25 | Hold → Strong Buy | Upgrades | $19 → $25 | +20.68% | Apr 17, 2026 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $20 → $19 | Strong Buy → Hold | Downgrades | $20 → $19 | -7.54% | Mar 13, 2026 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | -27.01% | Feb 11, 2026 |
| UBS | UBS | Strong Buy Maintains $14 → $15 | Strong Buy | Maintains | $14 → $15 | -28.95% | Jan 14, 2026 |
| UBS | UBS | Strong Buy Maintains $16 → $14 | Strong Buy | Maintains | $16 → $14 | -29.93% | Aug 22, 2025 |
Financial Forecast
Revenue This Year
587.10B
from 497.55B
Increased by 18.00%
Revenue Next Year
561.53B
from 587.10B
Decreased by -4.36%
EPS This Year
9.67
from 8.54
Increased by 13.21%
EPS Next Year
8.72
from 9.67
Decreased by -9.86%
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 681.8B | 666.6B | |||
| Avg | 587.1B | 561.5B | |||
| Low | 433.7B | 458.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 37.0% | 13.5% | |||
| Avg | 18.0% | -4.4% | |||
| Low | -12.8% | -21.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 13.18 | 11.43 | |
| Avg | 9.67 | 8.72 | |
| Low | 6.34 | 5.97 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 54.2% | 18.2% | |
| Avg | 13.2% | -9.9% | |
| Low | -25.8% | -38.2% |
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.