UBS raises target for Petrobras stock to USD 23.00

Published on 10/13/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Six analysts rate Petrobras Buy and two Hold on October 11, 2026. Petrobras stock costs EUR 22.65 on October 13, 2026, down 0.86 percent on NYSE.

Analyst target and reporting date

UBS increased its Petrobras target from USD 22.00 to USD 23.00 on September 23, 2026.
Six analysts gave Petrobras a Buy rating and two assigned a Hold rating on October 11, 2026.
Petrobras stock costs EUR 22.65 at Lang & Schwarz on October 13, 2026 at 4:06 p.m. CEST, down 0.86 percent on NYSE.
Petrobras has a price-to-earnings ratio of 6.13 and market capitalization of USD 144.5 billion as of October 13, 2026.

PBR, US71654V4086, Illustration mit AI erstellt.

UBS increased its Petrobras target from USD 22.00 to USD 23.00 and kept a Buy rating in a report dated September 23, 2026, as MarketBeat reports. The target stands 2.54 percent above the USD 22.43 NYSE price on October 13, 2026. Petrobras stock was at EUR 22.65 at Lang & Schwarz on October 13, 2026 at 4:06 p.m. CEST; the NYSE quote was down 0.86 percent on the day.

Analyst ratings remain positive

MarketBeat reported on October 11, 2026 that six analysts rated Petrobras Buy and two rated it Hold. The average target was USD 20.97, below the USD 22.43 NYSE price, while UBS's USD 23.00 target remained above it. The figures show a split between a positive rating count and a lower average target.

Price stays near yearly high

Petrobras had a USD 10.76 to USD 22.93 52-week range as of October 13, 2026, with the USD 22.43 NYSE price 2.18 percent below the high. Its market capitalization was USD 144.5 billion, and its trading volume reached 1,863,719 shares against an average of 7,861,864 shares on the same date.

Valuation and reporting date

The price-to-earnings ratio was 6.13 and the dividend yield was 6.00 percent for the quoted Petrobras listing as of October 13, 2026. EarningsToday lists November 10, 2026 as the next scheduled report date, with consensus earnings per share of USD 1.21, as shown on its Petrobras earnings page.

Comparison with peers

Petrobras (NYSE, USD): minus 0.86 percent, price-to-earnings ratio 6.13, market capitalization USD 144.5 billion

Exxon Mobil (NYSE, USD): plus 0.60 percent, price-to-earnings ratio 22.29, market capitalization USD 717.8 billion

Shell (NYSE, USD): plus 0.80 percent, price-to-earnings ratio 11.28, market capitalization USD 285.5 billion

Petrobras valuation remains measurable

Petrobras stock stood at EUR 22.65 at Lang & Schwarz on October 13, 2026 at 4:06 p.m. CEST. The NYSE quote was down 0.86 percent on October 13, 2026, while the USD 22.43 price sat 2.18 percent below the 52-week high of USD 22.93. The next scheduled reporting date is November 10, 2026. The further course of trading is shown by the continuously updated real-time quote of Petrobras stock.