Petróleo Brasileiro S.A. - Petrobras (PBR) Stock Price & Analysis
Petróleo Brasileiro S.A. - Petrobras (PBR) closed at USD 25.62 on Thursday, October 22, 2026, down 0.16% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 25.66; the Oct 22, 2026 session ranged USD 25.09–25.99 on volume of 13,122,202 shares. Market capitalization is $165.10B, with a 52-week range of USD 11.43–26.12 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:48 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PBR.md
Key facts (PBR)
- 1 of 80 tracked superinvestors hold PBR (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $3K; 2 not under a Rule 10b5-1 plan ($3K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (14 analysts), mean target USD 23.95 (range 17.4–31).
- Total return with dividends: 1Y +125.8% vs S&P 500 +14.9%; 5Y +704.8% vs S&P 500 +80.3%.
- Next earnings: 2026-11-10, EPS estimate USD 1.28, revenue estimate $169B.
Superinvestors (SEC 13F-HR, Q2 2026) (PBR)
1 of 80 tracked investors hold PBR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $485K | Reduced -3.9% |
Insider sales (SEC Form 4, open-market, last ~7 months) (PBR)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-14 | Pogliese Marcelo Weick | Director | 271 | $3K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-01 | Laureano Angelica Garcia Cobas | Chief Commercial Officer | 19 | $0K | 0.5% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (PBR)
Consensus Buy (mean 2.00 on a 1–5 scale), 14 analysts; mean target USD 23.95 (low 17.4, high 31).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-23 | UBS | Target raised | Buy | $22 → $23 |
| 2026-09-01 | JP Morgan | Target raised | Overweight | $23 → $24 |
Total return (dividends reinvested) (PBR)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +125.8% | +704.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +126.4% | +51.6% |
| Volatility (annualized) | 34.9% | 39.1% |
| Max drawdown | -26.9% (Apr 2026→Jul 2026) | -34.1% (Oct 2022→Dec 2022) |
PBR suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Gas | “we started building the GASBOL in 1996, we entered into a Long-term Gas Supply Agreement ("GSA") with the Bolivian state-owned” |
| Partner | BRASKEM SA (BAK) | “been evaluating the signing of a new Braskem shareholders' agreement with the parties involved, considering ongoing negotiations.” |
| Partner | Braspetro | “Braspetro B.V. (PIBBV), Petrobras Global Finance B.V (PGF), our former joint venture Petrobras Oil & Gas B.V. (the "POGBV")” |
| Partner | Petrobras Global Finance | “Braspetro B.V. (PIBBV), Petrobras Global Finance B.V (PGF), our former joint venture Petrobras Oil & Gas B.V. (the "POGBV")” |
| Partner | Petrobras Oil & Gas | “Braspetro B.V. (PIBBV), Petrobras Global Finance B.V (PGF), our former joint venture Petrobras Oil & Gas B.V. (the "POGBV")” |
| Partner | Brazilian | “3,102 million) from partners and paid US$ 119 (R$ 624 million) to the Brazilian Federal Government represented by Pré-Sal Petróleo” |
Quoted from the company's 20-F filed Apr 9, 2026.
PBR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.28 | $1.08 | +18.8% | $168.65B | 6 |
| Next quarter (ends Dec 2026) | $1.32 | $0.95 | +39.7% | $176.43B | 6 |
| Current fiscal year (ends Dec 2026) | $4.53 | $4.20 | +7.9% | $610.87B | 2 |
| Next fiscal year (ends Dec 2027) | $4.14 | $4.11 | +0.6% | $581.18B | 3 |
Key Statistics (as of October 23, 2026 at 09:48 UTC)
| Price | USD 25.62 |
|---|---|
| Change | ▼ 0.16% (down) |
| Previous Close | USD 25.66 |
| Open | USD 25.94 |
| Day Range | USD 25.09 – 25.99 |
| 52-Week Range | USD 11.43 – 26.12 |
| Volume | 13,122,202 shares |
| Market Cap | $165.10B |
| Exchange | NYQ |
Technical Analysis (PBR)
Nexqual's technical model rates PBR "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:48 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 70.72 (overbought) |
| vs SMA50 | Above (USD 21.44) |
| MACD | 1.35 (positive) |
Analyst Ratings (PBR)
Wall Street analysts rate PBR "Buy" based on 14 analysts, with a mean price target of USD 23.95 (range USD 17.4–31), per Nexqual as of October 23, 2026 at 09:48 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 23.95 |
| High Target | USD 31 |
| Low Target | USD 17.4 |
| Buy / Hold / Sell | 11 / 3 / 0 |
Earnings (PBR)
| Next Earnings Date | 2026-11-10 |
|---|---|
| Revenue Estimate | $168.65B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.62 vs est 1.4 ▲ beat |
| 2026-03-31 | USD 0.96 vs est 0.99 ▼ miss |
| 2025-12-31 | USD 0.44 vs est 0.57 ▼ miss |
| 2025-09-30 | USD 0.94 vs est 0.71 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financials & Fundamentals (PBR)
| Total Revenue | $548.49B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +42.30% |
| Gross Margin | +50.60% |
| Operating Margin | +44.68% |
| Profit Margin | +24.32% |
| ROE | +30.27% |
| Debt / Equity | 0.76 |
| Current Ratio | 0.85 |
| Total Cash | $53.76B |
| Total Debt | $366.53B |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financial Health Score (PBR)
Nexqual rates Petróleo Brasileiro S.A. - Petrobras's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:48 UTC.
| Growth | Critical — Revenue -11% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 51%, operating 45% (last 12 months) |
| Balance Sheet | Weak — BRL 53.8B cash vs BRL 366.5B debt |
| Cash Flow | Solid — Operating cash flow BRL 214.4B (TTM) |
| Efficiency | Strong — ROE 30%, ROA 10.1% |
Ownership (PBR)
| Insider Ownership | +0.03% |
|---|---|
| Institutional Ownership | +22.29% |
| Shares Outstanding | 3.72B |
| Float | 3.94B |
| Short % of Float | +2.13% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Leadership (PBR)
Petróleo Brasileiro S.A. - Petrobras is led by Magda Maria de Regina Chambriard, President, CEO, Member of Executive Board & Non-Independent Director, per Nexqual as of October 23, 2026 at 09:48 UTC.
| President, CEO, Member of Executive Board & Non-Independent Director | Magda Maria de Regina Chambriard |
|---|---|
| Executive Director-Finance & IR, CFO, Chief Investor Relations Officer & Member of Executive Board | Fernando Sabbi Melgarejo |
Major Backers & Investors (PBR)
Notable institutional backers of Petróleo Brasileiro S.A. - Petrobras include GQG Partners LLC, Goldman Sachs, ADVISORS' INNER CIRCLE III-GQG PARTNERS EMERGING MARKETS EQUITY FUND, according to Nexqual as of October 23, 2026 at 09:48 UTC.
Active Investors
| Investor | Stake |
|---|---|
| GQG Partners LLC | 5.19% |
| Goldman Sachs | 1.7% |
| ADVISORS' INNER CIRCLE III-GQG PARTNERS EMERGING MARKETS EQUITY FUND | 1.39% |
| Baillie Gifford | 1.31% |
| Arrowstreet Capital, Limited Partnership | 1.08% |
| Capital International Investors | 1.02% |
| Capital Group | 0.79% |
| Invesco | 0.74% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TTE | TotalEnergies SE | USD 90.96 | ▲ 0.69% |
| BP | BP p.l.c. | USD 50.05 | ▲ 0.4% |
| EQNR | Equinor ASA | USD 46.42 | ▲ 0.65% |
| SU | Suncor Energy Inc. | USD 77.41 | ▼ 2.04% |
| SHEL | Shell PLC | USD 105.8 | ▲ 0.42% |
| E | ENI S.p.A. | USD 59.53 | ▲ 0.56% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:48 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt