Stock Price & Analysis

Based on the provided data, here's a concise analysis of PBR stock:

Technical Analysis The stock is currently trading at $13.74, showing a slight decline of -0.50% in regular market hours and -0.42% in post-market trading. The RSI at 55.85 indicates neutral momentum, neither overbought nor oversold. The stock is trading above its 20-day moving average of $13.34, suggesting a short-term upward trend.

Fundamental Drivers Recent positive developments include:

• Strategic agreement with PRIO for natural gas infrastructure access, enhancing market competitiveness
• Progress in fertilizer plant management negotiations with Unigel, aligning with Brazil's economic self-reliance goals

Analyst Perspective Goldman Sachs maintains a Strong Buy rating with a price target of $17, implying a 23.91% upside potential from current levels.

Market Context The broader energy sector outlook shows:

• IEA projects global oil demand growth of 1.05 million barrels per day in 2025
• Expected supply growth of 1.8 million barrels daily in 2025, primarily from non-OPEC+ countries

Recommendation Based on the technical setup showing positive momentum above key moving averages and strong fundamental catalysts, PBR appears positioned for potential upside movement in the near term.

Based on the provided data and market analysis, here is the price prediction for PBR stock in 2025:

PBR is expected to trade around $15.50-16.00 by end of 2025, representing approximately 12-16% upside from current levels, driven by the company's strong operational performance in pre-salt fields and commitment to shareholder returns through dividends. The company's 2025-2029 strategic plan focusing on $111 billion in capital expenditure while maintaining a double-digit dividend yield provides solid support for valuation. However, potential government intervention and oil price volatility remain key risks that could impact the target.

The S1 support level for PBR Stock is $13.46 ,The R1 resistant level for PBR Stock is $13.98.

As of the end of day on 2025-01-24, the price of PBR Stock was $13.7.

The target price for PBR Stock according to analyst rating is 16.84, with the highest price target at 19.50 and the lowest at 13.00. Analysts have a Moderate Buy rating on PBR Stock overall.

The market cap of PBR is $51.1B.

Based on the provided data and context, I'll analyze if PBR is overvalued.

Valuation Analysis PBR currently trades at compelling valuation metrics with a forward P/E of 5.6x, EV/EBITDA of 2.77x, and P/B of 1.29x for Q3 2024, indicating attractive valuation levels compared to industry peers.

Analyst Consensus Recent analyst actions show strong bullish sentiment. Multiple firms including Goldman Sachs, JP Morgan, and B of A Securities have upgraded or maintained positive ratings with price targets ranging from $17-20, implying 23-37% upside potential from current levels.

Industry Context The International Energy Agency projects global oil demand growth of 1.05 million barrels per day in 2025, while supply is expected to grow by 1.8 million barrels daily. This balanced supply-demand dynamic should support oil prices and PBR's profitability.

Technical Analysis

Conclusion PBR is not overvalued based on its attractive valuation metrics, strong analyst support, and favorable industry fundamentals. The company's robust dividend yield of 18.15% in Q3 2024 provides additional value support. Recent strategic moves like the natural gas infrastructure agreement with PRIO demonstrate continued operational improvements and market position strengthening.

Petroleo Brasileiro S.A.-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora S.A., and Corporate.

Based on the provided data and market analysis, here is the price prediction for PBR stock by 2030:

Petrobras (PBR) stock is projected to reach approximately $22-25 per share by 2030, driven by the company's robust $111 billion capital expenditure plan through 2029 and its strategic shift toward renewable energy while maintaining strong oil and gas operations. The company's low production costs (breakeven at $45 per barrel) and strong dividend policy provide fundamental support for long-term growth.

The forecast is supported by Petrobras' vertically-integrated EV value chain development and planned 35% reduction in overall production costs by 2030, which should significantly improve profit margins and operational efficiency.

PBR has a total of 46730 employees.