Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
17.93
-0.13 (-0.72%)
Jun 5, 2026, 10:42 AM EDT - Market open
Petrobras Stock Forecast
Stock Price Forecast
According to 15 analysts polled by S&P Global, Petrobras stock has a consensus rating of "Buy" and an average price target of $22.57. The average 1-year stock price forecast is 25.88% higher than the current stock price, while the lowest is $17.4 (-2.96%) and the highest is $28.5 (+58.95%).
Price Target: $22.57 (+25.88%)
Analyst Consensus: Buy
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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 6 | 7 | 8 | 8 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 5 | 6 | 7 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains $24 → $23 | Buy | Maintains | $24 → $23 | +28.28% | Jun 3, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Reiterates $23 | Buy | Reiterates | $23 | +25.49% | Jun 1, 2026 |
Unknown Analyst Banco Santander No rating | Banco Santander | Buy Upgrades $24 | Buy | Upgrades | $24 | +33.85% | May 21, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Upgrades $19 → $25 | Buy | Upgrades | $19 → $25 | +38.32% | Apr 17, 2026 |
| Bradesco | Bradesco | Buy Upgrades $17 → $19 | Buy | Upgrades | $17 → $19 | +5.97% | Apr 16, 2026 |
Financial Forecast
Revenue This Year
562.52B
from 497.55B
Increased by 13.06%
Revenue Next Year
540.54B
from 562.52B
Decreased by -3.91%
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.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 652.3B | ||
| Avg | 562.5B | ||
| Low | 463.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 31.1% | ||
| Avg | 13.1% | ||
| Low | -6.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 10.92 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 32.8% | ||
| Low | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.