Ultrapar Participações S.A. (UGP)
NYSE: UGP · Real-Time Price · USD
5.82
+0.19 (3.37%)
At close: Nov 13, 2026, 4:00 PM EST
5.81
-0.01 (-0.17%)
After-hours: Nov 13, 2026, 7:43 PM EST

Ultrapar Participações Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, Ultrapar Participações stock has a consensus rating of "Buy" and an average price target of $7.18. The average 1-year stock price forecast is 23.33% higher than the current stock price, while the lowest is $5.60 (-3.78%) and the highest is $9.00 (+54.64%).

Price Target: $7.18 (+23.33%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$5.60$7.18$7.11$9.00
Change-3.78%+23.33%+22.16%+54.64%
* Price targets were last updated on Oct 7, 2026.

Analyst Ratings

The average analyst rating for Ultrapar Participações stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy233333
Buy333322
Hold433234
Sell000000
Strong Sell000000
Total999889

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aNov 12, 2026
J.P. Morgan
J.P. Morgan
Hold
Downgrades
n/a
HoldDowngradesn/an/aOct 23, 2026
Goldman Sachs
Goldman Sachs
Hold
Reiterates
$5.8 → $6.5
HoldReiterates$5.8 → $6.5+11.68%Oct 7, 2026
Unknown Analyst
UBS
No rating
UBS
Buy
Reiterates
$7.2 → $7.9
BuyReiterates$7.2 → $7.9+35.74%Sep 4, 2026

Financial Forecast

Revenue This Year
168.00B
from 142.37B
Increased by 18.00%
Revenue Next Year
163.42B
from 168.00B
Decreased by -2.73%
EPS This Year
5.03
from 1.33
Increased by 278.02%
EPS Next Year
3.31
from 5.03
Decreased by -34.12%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
109.73B143.63B126.05B133.50B142.37B168.00B
Revenue Growth
48.17%30.90%-12.24%5.91%6.65%18.00%
Gross Profit
4.90B6.39B8.76B9.69B9.36B15.28B
Gross Margin
4.47%4.45%6.95%7.26%6.57%9.10%
Operating Income
1.39B2.16B3.86B4.90B4.95B9.73B
Net Income
850.46M1.80B2.44B2.36B2.45B6.71B
EPS
----1.335.03
EPS Growth
----43.60%278.02%
Forward PE
-----6.56
Dividend / Share
0.370.510.650.701.301.75
Dividend Growth
-15.91%37.84%27.45%7.69%85.71%34.87%
Free Cash Flow
----3.45B7.38B
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is BRL.

Revenue Forecast

Revenue202620272028
High168.1B
Avg168.0B
Low167.9B

Revenue Growth

Revenue Growth202620272028
High
18.1%
Avg
18.0%
Low
17.9%

EPS Forecast

EPS202620272028
High5.03
Avg5.03
Low5.03

EPS Growth

EPS Growth202620272028
High
278.0%
Avg
278.0%
Low
278.0%