Ultrapar Participações S.A. (UGP)

Ultrapar Participações Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Ultrapar Participações stock has a target of 4.50, which predicts a -5.86% decrease from the current stock price of 4.78.

Price Target: $4.50 (-5.86%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.50	$4.50	$4.50	$4.50
Change	-5.86%	-5.86%	-5.86%	-5.86%

* Price targets were last updated on Sep 26, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for Ultrapar Participações is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	0
Hold	1	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bruno Amorim Goldman Sachs	Goldman Sachs	Strong Buy Maintains $4 → $4.5	Strong Buy	Maintains	$4 → $4.5	-5.86%	Sep 26, 2025
Bruno Amorim Goldman Sachs	Goldman Sachs	Hold Maintains $4.8 → $4.1	Hold	Maintains	$4.8 → $4.1	-14.23%	Jan 16, 2025
Rodolfo Angele JP Morgan	JP Morgan	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Jan 7, 2025
Bruno Amorim Goldman Sachs	Goldman Sachs	Hold Maintains $5.9 → $5.2	Hold	Maintains	$5.9 → $5.2	+8.79%	Jul 23, 2024
Gabriel Barra Citigroup	Citigroup	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Jun 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

141.98B

Increased by 6.35%

from 133.50B

Revenue Next Year

141.96B

Decreased by -0.02%

from 141.98B

EPS This Year

2.09

Decreased by -1.35%

from 2.11

EPS Next Year

2.08

Decreased by -0.02%

from 2.09

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	74.06B	109.73B	143.63B	126.05B	133.50B	141.98B	141.96B
Revenue Growth	-17.07%	48.17%	30.90%	-12.24%	5.91%	6.35%	-0.02%
EPS	0.82	0.78	1.64	2.21	2.11	2.09	2.08
EPS Growth	138.53%	-4.91%	111.41%	34.72%	-4.26%	-1.35%	-0.02%
Forward PE	-	-	-	-	-	12.05	12.06
No. Analysts	-	-	-	-	-	14	14

Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	150.7B	161.3B
Avg	142.0B	142.0B
Low	128.3B	125.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.9%	13.6%
Avg	6.4%	-0.0%
Low	-3.9%	-11.7%

EPS Forecast

EPS	2025	2026	2027
High	2.54	2.27
Avg	2.09	2.08
Low	1.29	1.69

EPS Growth

EPS Growth	2025	2026	2027
High	20.2%	8.8%
Avg	-1.4%	-0.0%
Low	-38.8%	-19.2%

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.