Empresas CMPC stock fell 3.58 percent as Brazil project risks grow

Published on 10/07/2026 at 06:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Empresas CMPC stock faced a USD 4.6 billion Brazil investment decision on October 6, 2026. The Santiago quote stood at CLP 958.32 after a 3.58 percent drop.

CMPC, CL0000001314, Illustration mit AI erstellt.

Empresas CMPC stock (ISIN CL0000001314) was last at CLP 958.32 on the Santiago Stock Exchange on October 6, 2026 at 4:02 p.m. CLT, down 3.58 percent from the prior close of CLP 993.90. The move came as the company weighed a USD 4.6 billion pulp project in Brazil against the financial pressure of higher leverage.

USD 4.6 billion Natureza plan

According to Bloomberg on October 6, 2026, CMPC is deciding whether to proceed with Natureza, a planned bleached eucalyptus kraft pulp mill in Brazil. The report said the spending commitment could put the company's investment-grade rating under pressure while pulp prices remain weak.

The project therefore places capital allocation ahead of operating execution. CMPC must balance future pulp capacity against financing flexibility, a trade-off that gives the Natureza decision direct importance for the stock.

Asset sale changes the balance

CMPC also agreed to sell its Chilean containerboard and corrugated business to Smurfit Westrock for USD 420 million on September 23, 2026. Business Wire said the transaction carried a post-synergy multiple below 6 times adjusted EBITDA and is expected to close in the first half of 2027, subject to approvals.

That divestment gives CMPC a defined source of proceeds while narrowing its packaging footprint. The Natureza project remains the larger capital question because its USD 4.6 billion price tag is more than ten times the USD 420 million asset-sale consideration.

Stock sits near yearly low

At CLP 958.32, the Santiago quote was 1.49 percent above its 52-week low of CLP 944.23 and 36.16 percent below its 52-week high of CLP 1,501.10 on October 6, 2026. Trading volume reached 4,731,199 shares, while market capitalization stood at CLP 2.4 trillion.

Consensus data published by Investing.com show a Neutral rating from 14 analysts, with 3 Buy, 8 Hold and 3 Sell recommendations. The average 12-month target is CLP 1,486.92, with a high of CLP 2,820.54 and a low of CLP 1,007.40; the average target lies 55.16 percent above the October 6 price.

CMPC stock stays under pressure

CMPC stock was last at CLP 958.32 on the Santiago Stock Exchange on October 6, 2026 at 4:02 p.m. CLT. The next decisive valuation question is whether Natureza can advance without weakening the credit profile that supports CMPC's financing.