Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP declined by 5.73%, hitting a 5-day low. This decline comes as the broader market shows signs of weakness, with major indices like the Nasdaq-100 and S&P 500 experiencing modest gains.
Despite the overall market's slight uptick, SABESP's performance reflects sector-specific challenges and investor concerns. The company's recent price movement indicates a lack of confidence among investors, possibly influenced by external economic factors.
Looking ahead, the implications of this decline may lead to increased scrutiny of SABESP's operational performance and future earnings potential. Investors will be keen to monitor any developments that could impact the company's recovery in the coming weeks.
Wall Street analysts forecast SBS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SBS is 29.50 USD with a low forecast of 29.50 USD and a high forecast of 29.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast SBS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SBS is 29.50 USD with a low forecast of 29.50 USD and a high forecast of 29.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 27.080
Low
29.50
Averages
29.50
High
29.50
Current: 27.080
Low
29.50
Averages
29.50
High
29.50
Goldman Sachs
Buy
upgrade
2025-11-24
Reason
Goldman Sachs
Price Target
AI Analysis
2025-11-24
upgrade
Buy
Reason
Goldman Sachs raised the firm's price target on Sabesp to $29.50 from $26.60 and keeps a Buy rating on the shares.
About SBS
Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 375 municipalities in the state of Sao Paulo, including the city of Sao Paulo. The Company's segments include Water and Sewage. The Company's activities comprise water supply, sanitary sewage services, urban rainwater management and drainage services, urban cleaning services, solid waste management services and related activities, including the planning, operation, maintenance and commercialization of energy, and the commercialization of services, products, benefits and rights that directly or indirectly arise from its assets, operations and activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
