PBR

Petroleo Brasileiro SA Petrobras

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Advanced Chart

12.120

-0.96(-7.339%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

12.850

Open

12.850

VWAP

12.30

Vol

61.62M

Mkt Cap

246.41B

Low

12.060

Amount

758.07M

EV/EBITDA(TTM)

4.43

Total Shares

6.45B

1.04T

EV/OCF(TTM)

5.25

P/S(TTM)

0.85

Petroleo Brasileiro SA Petrobras is a Brazil-based company. The Company 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 (exploration, development, and production of crude oil, natural gas liquids, and natural gas); Refining, Transportation, and Marketing (refining, logistics, transport, trading of oil products, ethanol export, shale processing); Gas and Power (transportation and trading of natural and imported gas); Biofuels (production of biodiesel and ethanol); Distribution (fuel distribution); and Corporate (administrative and support functions).

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

119.66B

-0.45%

0.730

+53.77%

119.71B

-7.62%

0.660

-26.51%

111.84B

-8.52%

0.660

+51.71%

Estimates Revision

The market is revising Downward the revenue expectations for Petróleo Brasileiro S.A. - Petrobras (PBR) for FY2025, with the revenue forecasts being adjusted by -2.79% over the past three months. During the same period, the stock price has changed by 4.03%.

Revenue Estimates for FY2025

Revise Downward

-2.79%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+101.28%

In Past 3 Month

Stock Price

Go Up

+4.03%

In Past 3 Month

7 Analyst Rating

16.83% Upside

Wall Street analysts forecast PBR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PBR is 14.16 USD with a low forecast of 12.50 USD and a high forecast of 15.80 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.

4 Buy

3 Hold

0 Sell

Moderate Buy

16.83% Upside

Current: 12.120

Low

12.50

Averages

14.16

High

15.80

16.83% Upside

Current: 12.120

Low

12.50

Averages

14.16

High

15.80

CICC

NULL -> Outperform

initiated

$16

2025-07-20

Reason

CICC

Price Target

$16

2025-07-20

initiated

NULL -> Outperform

Reason

CICC initiated coverage of Petrobras with an Outperform rating and $16 price target.

Grupo Santander

Outperform -> Neutral

downgrade

$13

2025-06-08

Reason

Grupo Santander

Price Target

$13

2025-06-08

downgrade

Outperform -> Neutral

Reason

Grupo Santander downgraded Petrobras to Neutral from Outperform with a $13 price target. The firm cites lower yields and capital structure concerns for the downgrade.

BofA

Caio Ribeiro

Buy -> Neutral

downgrade

2025-06-07

Reason

BofA

Caio Ribeiro

Price Target

2025-06-07

downgrade

Buy -> Neutral

Reason

As previously reported, BofA analyst Caio Ribeiro downgraded Petrobras to Neutral from Buy with a price target of R$34, down from R$42, to reflect a more challenging macro outlook and rising regulatory risks. Despite the prevailing low-price environment, OPEC+ appears committed to regaining lost market share by persistently increasing oil production, while macro uncertainties are expected to continue weighing on global economic growth, putting downward pressure on oil prices, the analyst tells investors. In addition, the Brazilian government is contemplating an "oil package" initiative in order to boost public coffers and Petrobras could be negatively impacted if such measures are implemented, the analyst added.

BofA

Buy -> Neutral

downgrade

2025-06-06

Reason

BofA

Price Target

2025-06-06

downgrade

Buy -> Neutral

Reason

BofA downgraded Petrobras to Neutral from Buy with a price target of R$34, down from R$42. The firm said it is bracing for tighter yields and regulatory risk.

Jefferies

Alejandro Anibal Demichelis

Hold

Buy

upgrade

$15.30

2025-05-15

Reason

Jefferies

Alejandro Anibal Demichelis

Price Target

$15.30

2025-05-15

upgrade

Hold

Buy

Reason

Jefferies analyst Alejandro Anibal Demichelis upgraded Petrobras to Buy from Hold with an unchanged price target of $15.30.

Jefferies

Hold

Buy

upgrade

$15.30

2025-05-15

Reason

Jefferies

Price Target

$15.30

2025-05-15

upgrade

Hold

Buy

Reason

As previously reported, Jefferies upgraded Petrobras to Buy from Hold with an unchanged price target of $15.30. Management's aim to cut costs to weather lower oil prices and base dividend commitment "positively skews the risk/reward for the stock," argues the analyst. The ramp up of new platforms should offer some upside to the company's FY25 output growth target of 5% and with the shares down 28% in the last twelves months, the firm sees scope for shares to re-rate, the analyst tells investors.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Petroleo Brasileiro SA Petrobras (PBR.N) is 4.39, compared to its 5-year average forward P/E of 4.23. For a more detailed relative valuation and DCF analysis to assess Petroleo Brasileiro SA Petrobras 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

4.23

Current PE

4.39

Overvalued PE

6.32

Undervalued PE

2.15

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

2.72

Current EV/EBITDA

3.30

Overvalued EV/EBITDA

3.33

Undervalued EV/EBITDA

2.11

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.83

Current PS

0.94

Overvalued PS

0.96

Undervalued PS

0.69