Movida stock gained 6.96 percent as profit outlook strengthens

Published on 10/07/2026 at 06:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Movida stock targets BRL 130 million to BRL 150 million in Q3 net income, versus BRL 70 million a year earlier. Q2 net income reached BRL 135.6 million.

Movida, BRMOVIACNOR0, Illustration mit AI erstellt.

Movida Participações S.A. (ISIN BRMOVIACNOR0) gained 6.96 percent to BRL 14.44 on B3 on October 6, 2026, while its third-quarter profit outlook pointed to another sharp year-over-year increase. The company is guiding for net income of BRL 130 million to BRL 150 million, compared with BRL 70 million in the third quarter of 2025.

Profit guidance sets the tone

According to Money Times on September 28, 2026, the company expects net income of BRL 400 million for the first nine months of 2026, an 85 percent increase from the year-earlier period. The lower end of the third-quarter range alone is 85.7 percent above the BRL 70 million reported for Q3 2025.

The same report said Movida completed a capital increase of BRL 152.48 million through the issue of 22.9 million new shares at BRL 6.65 each. The enlarged share count reached 425,088,292 common shares, compared with 402,158,941 before the transaction.

Second-quarter earnings support outlook

Movida reported second-quarter net income of BRL 135.6 million, double the year-earlier result, while EBITDA rose 22.3 percent to BRL 1.69 billion, according to Money Times. That combination gives the guidance a measurable operating base rather than relying only on a future target.

The key counter-factor is fleet economics. Estadao reported that Citi kept a high-risk buy rating and raised its price target from BRL 12.90 to BRL 13.40 after incorporating the second-quarter results. The bank cited stronger rent-a-car utilization, but also flagged depreciation pressure as the fleet ages.

Consensus trails the latest price

As of September 22, 2026, MarketScreener showed a Buy consensus from 13 analysts. The average target was BRL 13.32, with a high target of BRL 16.00 and a low target of BRL 8.30.

The gap between the older consensus snapshot and the latest B3 quotation makes the upcoming earnings delivery especially important. Movida needs the guided profit range to translate into operating improvement while controlling depreciation and fleet renewal costs.

Movida stock reaches BRL 14.44

Movida stock closed at BRL 14.44 on B3 on October 6, 2026, after gaining 6.96 percent. The 52-week range was BRL 6.44 to BRL 14.97, market capitalization was BRL 5.8 billion, and trading volume reached 14,109,400 shares.