Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Petróleo Brasileiro S.A. - Petrobras (PBR) has a Wall Street consensus price target of $15.53, based on estimates from 22 covering analysts. With the stock currently trading at $16.63, this represents a potential downside of -6.6%. The company has a market capitalization of $61.88B.
Analyst price targets range from a low of $14.60 to a high of $17.00, representing a 15% spread in expectations. The median target of $15.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 12 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 3 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, PBR trades at a trailing P/E of 7.1x and forward P/E of 7.2x. The forward PEG ratio of 0.17 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +6.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $27.99, with bear and bull scenarios of $7.57 and $80.11 respectively. Model confidence stands at 34/100, suggesting limited visibility into future performance.
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Start ComparisonWall Street's consensus price target for PBR is $15.53, -6.6% from its current price of $16.63. The below-market target from 22 analysts suggests limited near-term appreciation.
PBR has a consensus rating of "Buy" based on 22 Wall Street analysts. The rating breakdown is predominantly bullish, with 12 Buy/Strong Buy ratings. The consensus 12-month price target of $15.53 implies -6.6% downside from current levels.
With a forward P/E of 7.233x, PBR trades at a relatively low valuation. The consensus target of $15.53 implies -6.6% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $17 for PBR, while the most conservative target is $14.6. The consensus of $15.53 represents the median expectation. Our quantitative valuation model projects a bull case target of $80 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PBR is well covered by analysts, with 22 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 12 have Buy ratings, 7 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month PBR stock forecast based on 22 Wall Street analysts shows a consensus price target of $15.53, with estimates ranging from $14.6 (bear case) to $17 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $28, with bear/bull scenarios of $8/$80.
Our quantitative valuation model calculates PBR's fair value at $28 (base case), with a bear case of $8 and bull case of $80. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 34/100.
PBR trades at a forward P/E ratio of 7.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 7.1x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on PBR, with 3 Sell ratings and a price target of $15.53 (-6.6% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
PBR analyst price targets range from $14.6 to $17, a 15% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $15.53 consensus represents the middle ground. Our model's $8-$80 range provides an independent fundamental perspective.