PETROLEO BRASILEIRO-SPON ADR (PBR) Forecast, Price Target & Analyst Ratings

NYSE:PBR • US71654V4086

18.355 USD
+0.75 (+4.29%)
Last: Mar 9, 2026, 03:26 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PETROLEO BRASILEIRO-SPON ADR (PBR).

Forecast Snapshot

Consensus Price Target

Price Target
$16.02
-12.70% Downside

Next Earnings Forecast

Earnings Estimate
Release DateMay 11, 2026
PeriodQ1 / 2026
EPS EstimateR$2.95
Revenue Estimate119.258B

ChartMill Buy Consensus

Rating
78.95%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$16.02
Upside
-12.70%
From current price of $18.36 to mean target of $16.02, Based on 19 analyst forecasts
Low
$13.04
Median
$16.06
High
$19.71

Price Target Revisions

1 Month
0.00%
3 Months
4.01%

Price Target Summary

19 analysts have analysed PBR and the average price target is 16.02 USD. This implies a price decrease of -12.7% is expected in the next year compared to the current price of 18.355.
The average price target has been revised upward by 4.01% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PBR Current Analyst RatingPBR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

PBR Historical Analyst RatingsPBR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
78.95%
PBR was analyzed by 19 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about PBR.
In the previous month the buy percentage consensus was at a similar level.
PBR was analyzed by 19 analysts, which is quite many. So the average rating should be quite meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-11Goldman SachsMaintains Buy -> Buy
2026-01-14UBSMaintains Buy -> Buy
2025-08-22UBSMaintains Buy -> Buy
2025-05-15JefferiesUpgrade Hold -> Buy
2024-11-12Goldman SachsMaintains Buy -> Buy
2024-09-25JP MorganUpgrade Neutral -> Overweight
2024-08-26Morgan StanleyUpgrade Equal-Weight -> Overweight
2024-08-19UBSMaintains Buy -> Buy
2024-08-13Goldman SachsMaintains Buy -> Buy
2024-06-27B of A SecuritiesUpgrade Neutral -> Buy
2024-05-15JefferiesDowngrade Buy -> Hold
2024-03-25UBSMaintains Buy -> Buy
2024-03-25HSBCUpgrade Hold -> Buy
2024-03-12Goldman SachsMaintains Buy -> Buy
2024-03-08B of A SecuritiesDowngrade Buy -> Neutral
2023-09-21JefferiesInitiate Buy
2023-09-08Bradesco CorretoraUpgrade Neutral -> Outperform
2023-08-24UBSUpgrade Neutral -> Buy
2023-08-23B of A SecuritiesUpgrade Neutral -> Buy
2023-08-10HSBCDowngrade Buy -> Hold
2023-08-10CitigroupDowngrade Buy -> Neutral
2023-07-27Bradesco CorretoraMaintains Outperform -> Neutral
2023-06-21Goldman SachsUpgrade Neutral -> Buy
2023-06-13Goldman SachsMaintains Neutral
2023-06-12JP MorganUpgrade Neutral -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release DateMay 11, 2026
PeriodQ1 / 2026
EPS EstimateR$2.95
Revenue Estimate119.258B
Revenue Q2Q-3.16%
EPS Q2Q-18.80%
Number of Analysts5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

PBR is expected to report earnings on 5/11/2026. The consensus EPS estimate for the next earnings is 2.95 USD and the consensus revenue estimate is 119.26B USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue
YoY % growth
PBR revenue by date.PBR revenue by date.
641.256B
41.66%
511.994B
-20.16%
490.829B
-4.13%
495.555B
0.96%
477.293B
-3.69%
502.743B
5.33%
422.948B
-15.87%
447.567B
5.82%
484.893B
8.34%
N/AN/A
EBITDA
YoY % growth
PBR ebitda by date.PBR ebitda by date.
368.383B
58.38%
265.589B
-27.90%
218.991B
-17.55%
241.299B
10.19%
226.259B
-6.23%
242.531B
7.19%
270.649B
11.59%
254.192B
-6.08%
259.1B
1.93%
291.339B
12.44%
291.111B
-0.08%
EBIT
YoY % growth
PBR ebit by date.PBR ebit by date.
300.181B
77.05%
199.385B
-33.58%
151.958B
-23.79%
156.694B
3.12%
135.975B
-13.22%
146.841B
7.99%
175.824B
19.74%
173.625B
-1.25%
184.637B
6.34%
N/AN/A
Operating Margin
PBR operating margin by date.PBR operating margin by date.
46.81%38.94%30.96%31.62%28.49%29.21%41.57%38.79%38.08%N/AN/A
EPS
YoY % growth
PBR eps by date.PBR eps by date.
27.26
113.64%
20.66
-24.21%
13.96
-32.43%
17.91
38.26%
12.38
-35.87%
13.99
13.04%
15.23
8.86%
15.11
-0.77%
N/AN/AN/A

All data in BRL

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26
EPS
Q2Q % growth
2.95
-18.80%
3.05
-15.87%
2.97
-33.61%
Revenue
Q2Q % growth
119.258B
-3.16%
120.881B
1.47%
118.643B
-7.25%
EBITDA
Q2Q % growth
59.235B
-3.98%
59.603B
-15.09%
57.917B
-9.46%
EBIT
Q2Q % growth
34.997B
-18.07%
34.689B
14.60%
33.977B
-21.85%

All data in BRL

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PBR Yearly Revenue VS EstimatesPBR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200B 400B 600B
PBR Yearly EPS VS EstimatesPBR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 10 20

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-7.59%
EPS Next 5 Year
-5.93%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-5.14%
Revenue Next 5 Year
-0.43%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
10.91%
EBIT Next 5 Year
7.41%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PETROLEO BRASILEIRO-SPON ADR / PBR Forecast FAQ

What do analysts expect the price target to be for PETROLEO BRASILEIRO-SPON ADR (PBR)?

19 analysts have analysed PBR and the average price target is 16.02 USD. This implies a price decrease of -12.7% is expected in the next year compared to the current price of 18.355.


Can you provide the upcoming earnings date for PETROLEO BRASILEIRO-SPON ADR?

PETROLEO BRASILEIRO-SPON ADR (PBR) will report earnings on 2026-05-11.


What are the consensus estimates for PBR stock next earnings?

The consensus EPS estimate for the next earnings of PETROLEO BRASILEIRO-SPON ADR (PBR) is 2.95 USD and the consensus revenue estimate is 119.26B USD.


What is the number of analysts for PBR stock?

The number of analysts covering PETROLEO BRASILEIRO-SPON ADR (PBR) is 19.