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Petroleo Brasileiro S.A.- Petrobras (PBR.A) Stock Forecast & Price Target

Petroleo Brasileiro S.A.- Petrobras logo
$15.68 -0.52 (-3.18%)
Closing price 03:59 PM Eastern
Extended Trading
$15.79 +0.11 (+0.68%)
As of 07:35 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Petroleo Brasileiro S.A.- Petrobras - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
0
Buy
1

Based on 1 Wall Street analysts who have issued ratings for Petroleo Brasileiro S.A.- Petrobras in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for PBR.A.

Consensus Price Target

$23.00
46.64% Upside
According to the 1 analysts' twelve-month price targets for Petroleo Brasileiro S.A.- Petrobras, the average price target is $23.00. The highest price target for PBR.A is $23.00, while the lowest price target for PBR.A is $23.00. The average price target represents a forecasted upside of 46.64% from the current price of $15.69.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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PBR.A Analyst Ratings Over Time

TypeCurrent Forecast
11/11/25 to 11/11/26
1 Month Ago
10/12/25 to 10/12/26
3 Months Ago
8/13/25 to 8/13/26
1 Year Ago
11/11/24 to 11/11/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
1 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
N/A
0 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
N/A
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
N/A
0 Sell rating(s)
Consensus Price Target$23.00$23.00N/AN/A
Forecasted Upside46.64% Upside1.66% UpsideN/AN/A
Consensus RatingBuyBuyN/AStrong Buy

PBR.A Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PBR.A Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Petroleo Brasileiro S.A.- Petrobras Stock vs. The Competition

TypePetroleo Brasileiro S.A.- PetrobrasEnergy CompaniesBroader Market
Consensus Rating Score
3.00
2.47
2.52
Consensus RatingBuyHoldModerate Buy
Predicted Upside46.64% Upside47.37% Upside13.64% Upside
News Sentiment Rating
Positive News

See Recent PBR.A News
Positive News
Positive News
Report Date
0 Results
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/23/2026
UBS Group AG logo
UBS Group
4 of 5 stars
Boost TargetBuy$22.00 ➝ $23.00+21.53%
12/27/2024
Scotiabank logo
Scotiabank
4 of 5 stars
Jorge Gabrich
Jorge Gabrich
Not Rated
UpgradeStrong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:36 PM ET.


Should I Buy Petroleo Brasileiro S.A.- Petrobras Stock? PBR.A Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, November 10, 2026. Please send any questions or comments about these Petroleo Brasileiro S.A.- Petrobras pros and cons to contact@marketbeat.com.

Petroleo Brasileiro S.A.- Petrobras
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in PETROLEO BRASIL/S:

  • PETROLEO BRASIL/S reported a 21.5% increase in third-quarter net profit, reaching 39.75 billion reais, which significantly exceeded the 47.02 billion reais expected by analysts, demonstrating strong operational performance and profitability.
  • The company's refineries operated at a 98% utilization rate in October, close to the 99% recorded in the third quarter, indicating high efficiency and a strategic effort to reduce reliance on imports, which supports revenue stability.
  • PETROLEO BRASIL/S logged its third ultra-deepwater oil discovery in the Amapá Block FZA-M-59, signaling continued reserve growth and long-term production potential in a key region.
  • The stock is currently trading at $16.18, which is well below its 52-week high of $23.79, offering a potential entry point for investors looking to capitalize on the company's strong recent earnings and operational improvements.
  • PETROLEO BRASIL/S has a low beta of 0.42, suggesting that the stock is less volatile than the broader market, which can be attractive to investors seeking stability in their energy sector holdings.

Petroleo Brasileiro S.A.- Petrobras
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in PETROLEO BRASIL/S for these reasons:

  • PETROLEO BRASIL/S experienced a 21% drop in stock price following the surprise election victory of Lula for a fourth term, as investors expressed concern over potential government policy changes and their impact on the company.
  • The company raised diesel prices to distributors by an average of 1 real per liter, which could lead to increased consumer costs and potential political pressure, despite the offsetting subsidy.
  • PETROLEO BRASIL/S has a low dividend score of 2 and an overall score of 3, indicating that while the company is profitable, it may not be as attractive to income-focused investors compared to other options in the sector.
  • The company's sustainability score is 0, which could be a concern for investors who prioritize environmental, social, and governance (ESG) factors in their investment decisions.
  • PETROLEO BRASIL/S has a short interest score of 0, which may indicate a lack of short-seller activity, but it could also suggest that the market is not fully pricing in potential risks or negative developments.

PBR.A Forecast - Frequently Asked Questions

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Petroleo Brasileiro S.A.- Petrobras is $23.00, with a high forecast of $23.00 and a low forecast of $23.00.

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Petroleo Brasileiro S.A.- Petrobras in the last year. There is currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PBR.A shares.

According to analysts, Petroleo Brasileiro S.A.- Petrobras's stock has a predicted upside of 46.64% based on their 12-month stock forecasts.

Petroleo Brasileiro S.A.- Petrobras has been rated by research analysts at UBS Group in the past 90 days.

Analysts like Petroleo Brasileiro S.A.- Petrobras more than other "energy" companies. The consensus rating for Petroleo Brasileiro S.A.- Petrobras is Buy while the average consensus rating for "energy" companies is Hold. Learn more on how PBR.A compares to other companies.

Brokerages With Petroleo Brasileiro S.A.- Petrobras Recommendations


MarketBeat monitors more than a dozen sources for Petroleo Brasileiro S.A.- Petrobras analyst ratings, with the most recent rating issued on 9/23/2026.
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