Petrobras Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Petrobras stock have an average target of 14.83, with a low estimate of 14.4 and a high estimate of 15.3. The average target predicts a decrease of -10.93% from the current stock price of 16.65.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$14.4	$14.83	$15	$15.3
Change	-13.51%	-10.93%	-9.91%	-8.11%

Analyst Ratings

The average analyst rating for Petrobras stock from 4 stock analysts 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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	4	4	4	4	3	4
Buy	2	2	2	2	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	3	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bruno Amorim Goldman Sachs	Goldman Sachs	Strong Buy Maintains $13 → $15	Strong Buy	Maintains	$13 → $15	-9.91%	Feb 11, 2026
Matheus Enfeldt UBS	UBS	Strong Buy Maintains $14 → $15	Strong Buy	Maintains	$14 → $15	-12.31%	Jan 14, 2026
Luiz Carvalho UBS	UBS	Strong Buy Maintains $16 → $14	Strong Buy	Maintains	$16 → $14	-13.51%	Aug 22, 2025
Alejandro Demichelis Jefferies	Jefferies	Hold → Strong Buy Upgrades $15	Hold → Strong Buy	Upgrades	$15	-8.11%	May 15, 2025
Luiz Carvalho UBS	UBS	Strong Buy Maintains $16 → $16	Strong Buy	Maintains	$16 → $16	-5.11%	Apr 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

495.56B

from 490.83B

0.96%

from 490.83B

Revenue Next Year

477.29B

from 495.56B

-3.69%

from 495.56B

EPS This Year

8.96

from 2.84

215.58%

from 2.84

EPS Next Year

6.19

from 8.96

-30.90%

from 8.96

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	272.07B	452.67B	641.26B	511.99B	490.83B	495.56B	477.29B
Revenue Growth	3.12%	66.38%	41.66%	-20.16%	-4.13%	0.96%	-3.69%
EPS	0.54	8.18	14.44	9.57	2.84	8.96	6.19
EPS Growth	-82.29%	1,400.68%	76.55%	-33.72%	-70.34%	215.58%	-30.90%
Forward PE	-	-	-	-	-	9.77	14.14
No. Analysts	-	-	-	-	-	10	10

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

Revenue Forecast

Revenue	2025	2026
High	521.0B	511.4B
Avg	495.6B	477.3B
Low	450.7B	425.0B

Revenue Growth

Revenue Growth	2025	2026
High	6.1%	3.2%
Avg	1.0%	-3.7%
Low	-8.2%	-14.2%

EPS Forecast

EPS	2025	2026
High	9.71	6.99
Avg	8.96	6.19
Low	7.90	5.16

EPS Growth

EPS Growth	2025	2026
High	242.2%	-21.9%
Avg	215.6%	-30.9%
Low	178.4%	-42.4%

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.