70/100BPetroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) stock forecast 2027–2029What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) is 22.33, 20.6% above the current price of 18.52. Their targets range from 20.00 to 24.00.
Of the 5 firms that rated Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) in the past 12 months, 4 rate it buy or strong buy, 1 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 20.00 to 24.00, with an average of 22.33.
| Buy | 4 | |
| Hold | 1 | |
| Sell | 0 |
12-month price target
| Highest target | 24.00 |
| Average target | 22.33 |
| Lowest target | 20.00 |
| Current price | 18.52 |
Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) price target and rating?
How analysts rate Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share), month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
4 of 5 firms rate it buy now, against 2 of 2 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) analyst upgrades, downgrades and price targets
The latest rating change came on 17 April 2026, when B of A Securities upgraded Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) from Neutral to Buy. The most recent new target came from UBS on 23 September 2026: 23.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 23 Sept 2026 | UBS | Reiterated · Buy | 22.00 → 23.00 | +4.5% | 20.76 |
| 27 Aug 2026 | Bradesco | — | 19.00 → 20.00 | +5.3% | 18.25 |
| 21 May 2026 | Banco Santander | — | 24.00 | — | 19.83 |
| 17 Apr 2026 | B of A Securities | Upgraded · Neutral → Buy | — | — | — |
| 16 Apr 2026 | Bradesco Vicente Neto | — | 17.00 → 19.00 | +11.8% | 20.54 |
| 26 Mar 2026 | UBS Tasso Vasconcellos | — | 14.60 → 22.00 | +50.7% | 20.33 |
| 13 Mar 2026 | Jefferies | Downgraded · Buy → Hold | — | — | — |
| 3 Feb 2026 | Bradesco | — | 17.00 | — | 15.11 |
| 16 Jan 2026 | BTG Pactual Gustavo Cunha | — | 15.00 | — | 12.61 |
| 14 Jan 2026 | UBS | Reiterated · Buy | 14.40 → 14.60 | +1.4% | 12.69 |
Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share)'s EPS to grow 16.4% a year until 2027. Over the last 5 years it grew 72.6% a year, and over the last 3 years it fell 18.3%.
Analysts expect Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share)'s revenue to grow 7.7% a year until 2028. Over the last 5 years it grew 10.4% a year, and over the last 3 years it fell 10.9%.
Revenue
EPS
Does Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 13.9% off the result, either way, and their revenue estimate 4.0%, over the last 12 quarters.
- EPS beats
- 55 / 106
- Revenue beats
- 44 / 89
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +3.6%
- Since
- November 1997
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2026 | 6 Aug 2026 | 1.40 | 1.62 | +15.7% | 31.46B | 33.61B | +6.8% |
| Q1 FY2026 | 11 May 2026 | 1.02 | 0.96 | -5.9% | 26.53B | 23.54B | -11.3% |
| Q4 FY2025 | 5 Mar 2026 | 0.57 | 0.72 | +26.3% | 23.09B | 23.61B | +2.2% |
| Q3 FY2025 | 6 Nov 2025 | 0.79 | 0.82 | +3.8% | 23.58B | 23.48B | -0.4% |
| Q2 FY2025 | 8 Aug 2025 | 0.70 | 0.64 | -8.6% | 21.29B | 21.04B | -1.2% |
| Q1 FY2025 | 12 May 2025 | 0.92 | 0.62 | -32.6% | 22.30B | 21.07B | -5.5% |
| Q4 FY2024 | 26 Feb 2025 | 0.37 | 0.49 | +32.4% | 21.45B | 20.82B | -2.9% |
| Q3 FY2024 | 7 Nov 2024 | 0.82 | 0.93 | +13.4% | 22.46B | 23.37B | +4.0% |
| Q2 FY2024 | 8 Aug 2024 | 0.47 | 0.47 | 0.0% | 23.18B | 23.47B | +1.2% |
| Q1 FY2024 | 13 May 2024 | 0.84 | 0.75 | -10.7% | 26.30B | 23.77B | -9.6% |
| Q4 FY2023 | 8 Mar 2024 | 1.12 | 1.27 | +13.4% | 26.77B | 27.11B | +1.2% |
| Q3 FY2023 | 10 Nov 2023 | 0.90 | 0.86 | -4.4% | 26.03B | 25.55B | -1.8% |
Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) stock price 2027–2029: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share)'s earnings grow at the 21.7% a year analysts expect to FY2027, then 15.0% a year, it would earn about 5.48 a share in FY2029. At the P/E it has traded at over the last five years (1.9 to 11.1) that is 10.39 to 60.76 a share, or 26.64 at its average P/E of 4.9. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 4.14 | 7.85 | 20.14 | 45.94 |
| FY2028 (extrapolated) | 4.77 | 9.03 | 23.16 | 52.83 |
| FY2029 (extrapolated) | 5.48 | 10.39 | 26.64 | 60.76 |
Each year's EPS is the analysts' consensus to FY2027; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (1.9, 4.9, 11.1).
Is Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share)'s P/E of 4.7 is near the bottom of its 5-year range (4.5 to 35.8, median 10.0). It is within 5% of its 5-year low. Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay more for each point of growth than usual: a PEG of 0.3 on expected growth against 0.1 on its median P/E and past five years' growth. Its forward P/E, on the consensus for FY2026, is 3.9.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 4.66
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 10.01
- Five-year P/E range
- 4.5 – 35.8
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 3.85
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 0.22
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +20.6%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 194.93146Price 99.09244 | +96.7% | |
| 42.225 | 82.9546Price 42.23165 | +96.4% | |
| 186.680 | 360.82271Price 186.68451 | +93.3% | |
| 213.670 | 405.57304Price 213.67507 | +89.8% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 160.650 | 300.09225Price 160.65375 | +86.8% | |
| 165.860 | 308.95212Price 165.86442 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.