Petrobras Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Petrobras stock have an average target of 17.56, with a low estimate of 14.4 and a high estimate of 24.8. The average target predicts a decrease of -17.29% from the current stock price of 21.23.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$14.4	$17.56	$15	$24.8
Change	-32.17%	-17.29%	-29.35%	+16.82%

Analyst Ratings

The average analyst rating for Petrobras stock from 5 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	4	4	3	4	3	4
Buy	2	2	0	0	0	0
Hold	0	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	3	4	4	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Caio Ribeiro B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $19 → $25	Hold → Strong Buy	Upgrades	$19 → $25	+16.82%	Apr 17, 2026
Alejandro Demichelis Jefferies	Jefferies	Strong Buy → Hold Downgrades $20 → $19	Strong Buy → Hold	Downgrades	$20 → $19	-10.50%	Mar 13, 2026
Bruno Amorim Goldman Sachs	Goldman Sachs	Strong Buy Maintains $13 → $15	Strong Buy	Maintains	$13 → $15	-29.35%	Feb 11, 2026
Matheus Enfeldt UBS	UBS	Strong Buy Maintains $14 → $15	Strong Buy	Maintains	$14 → $15	-31.23%	Jan 14, 2026
Luiz Carvalho UBS	UBS	Strong Buy Maintains $16 → $14	Strong Buy	Maintains	$16 → $14	-32.17%	Aug 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

587.10B

from 497.55B

18.00%

from 497.55B

Revenue Next Year

561.53B

from 587.10B

-4.36%

from 587.10B

EPS This Year

9.67

from 8.54

13.21%

from 8.54

EPS Next Year

8.72

from 9.67

-9.86%

from 9.67

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	452.67B	641.26B	511.99B	490.83B	497.55B	587.10B	561.53B
Revenue Growth	66.38%	41.66%	-20.16%	-4.13%	1.37%	18.00%	-4.36%
EPS	8.18	14.44	9.57	2.84	8.54	9.67	8.72
EPS Growth	1,400.68%	76.55%	-33.72%	-70.34%	201.08%	13.21%	-9.86%
Forward PE	-	-	-	-	-	10.96	12.16
No. Analysts	-	-	-	-	-	10	9

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

Revenue Forecast

Revenue	2026	2027
High	681.8B	666.6B
Avg	587.1B	561.5B
Low	433.7B	458.7B

Revenue Growth

Revenue Growth	2026	2027
High	37.0%	13.5%
Avg	18.0%	-4.4%
Low	-12.8%	-21.9%

EPS Forecast

EPS	2026	2027
High	13.18	11.43
Avg	9.67	8.72
Low	6.34	5.97

EPS Growth

EPS Growth	2026	2027
High	54.2%	18.2%
Avg	13.2%	-9.9%
Low	-25.8%	-38.2%

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.