Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) Given Average Recommendation of “Moderate Buy” by Analysts

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) has received a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $19.28.

PBR has been the topic of a number of recent research reports. Weiss Ratings upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. lowered their price target on shares of Petroleo Brasileiro S.A.- Petrobras from $24.00 to $23.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Bank of America raised shares of Petroleo Brasileiro S.A.- Petrobras from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $18.70 to $24.80 in a report on Friday, April 17th. Finally, Zacks Research downgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th.

Petroleo Brasileiro S.A.- Petrobras Trading Up 0.1%

Shares of NYSE PBR opened at $17.98 on Monday. The company has a market cap of $115.84 billion, a price-to-earnings ratio of 4.54, a price-to-earnings-growth ratio of 0.73 and a beta of 0.33. Petroleo Brasileiro S.A.- Petrobras has a 12-month low of $11.43 and a 12-month high of $22.24. The company has a current ratio of 0.74, a quick ratio of 0.49 and a debt-to-equity ratio of 0.68. The stock’s 50 day simple moving average is $17.66 and its 200 day simple moving average is $18.20.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last issued its quarterly earnings data on Tuesday, March 31st. The oil and gas exploration company reported $0.96 EPS for the quarter. The firm had revenue of $23.54 billion during the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 31.82% and a net margin of 24.52%. Equities research analysts expect that Petroleo Brasileiro S.A.- Petrobras will post 4.63 EPS for the current year.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The firm also recently declared a special dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, August 25th will be issued a dividend of $0.2649 per share. The ex-dividend date of this dividend is Tuesday, August 25th. Petroleo Brasileiro S.A.- Petrobras’s payout ratio is 8.59%.

Hedge Funds Weigh In On Petroleo Brasileiro S.A.- Petrobras

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Petroleo Brasileiro S.A.- Petrobras during the first quarter valued at about $12,175,000. Moran Wealth Management LLC lifted its holdings in Petroleo Brasileiro S.A.- Petrobras by 18.0% in the fourth quarter. Moran Wealth Management LLC now owns 535,044 shares of the oil and gas exploration company’s stock worth $6,340,000 after purchasing an additional 81,567 shares during the period. Oxbow Advisors LLC bought a new position in Petroleo Brasileiro S.A.- Petrobras in the 4th quarter valued at about $4,955,000. Rakuten Securities Inc. increased its stake in Petroleo Brasileiro S.A.- Petrobras by 41.5% during the 4th quarter. Rakuten Securities Inc. now owns 149,213 shares of the oil and gas exploration company’s stock valued at $1,768,000 after buying an additional 43,796 shares during the period. Finally, Annex Advisory Services LLC increased its stake in Petroleo Brasileiro S.A.- Petrobras by 5.7% during the 4th quarter. Annex Advisory Services LLC now owns 2,108,579 shares of the oil and gas exploration company’s stock valued at $24,987,000 after buying an additional 114,311 shares during the period.

More Petroleo Brasileiro S.A.- Petrobras News

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Petrobras reported second-quarter earnings of $1.72 per share, exceeding the $1.40 analyst consensus, while revenue of $33.61 billion also surpassed expectations of $31.46 billion. Net profit nearly doubled year over year, rising 96.8%, supported by stronger crude, gasoline and diesel prices. Petrobras’ net profit nearly doubles in the second quarter
• Positive Sentiment: Management highlighted historic quarterly net income and record gross profit, attributing the performance to operational efficiency, higher production and stronger cash generation. Petrobras Q2 2026 Earnings Call Highlights
• Positive Sentiment: CEO Magda Chambriard said Petrobras will “very likely” exceed its 2026 oil-production forecast, following record production in the quarter. Higher output could support revenue, cash flow and dividend capacity. Petrobras likely to exceed oil production forecast for the year
• Neutral Sentiment: The earnings call and presentation emphasized execution and production performance, but investors will likely seek more detail on the durability of profits, capital allocation and operating plans. Petrobras Q2 2026 Earnings Call Transcript
• Negative Sentiment: A significant portion of the earnings improvement was linked to an oil-price rally caused by supply disruptions connected to the U.S.-Iran conflict. Investors may view those gains as geopolitical and potentially short-lived, limiting enthusiasm for the stock despite the earnings beat. Petrobras Profit Tops Estimates on Iran War-Driven Oil Rally

Petroleo Brasileiro S.A.- Petrobras Company Profile

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.