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Ultrapar Participacoes S.A. (Ne (UGP) Stock Analysis

Range Bound setup

SellVALUE-TRAP 1/5Moderate Confidence

Energy · Oil & Gas Refining & Marketing

Earnings in 6 days (2026-05-06). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Analyst target reached at $5.91 — A.R:R is negative (-2.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.6% away).

Ultrapar Participações S.A., through its subsidiaries, operates in the energy, mobility, and logistics infrastructure sectors in Brazil, the rest of Europe, the United States, Canada, other Latin American countries, Oceania, and internationally. It operates through Ultragaz,... Read more

$5.91+1.5% A.UpsideScore 6.1/10#2 of 15 Oil & Gas Refining & Marketing
Stop $5.64Target $6.01(resistance)A.R:R -2.1:1
Analyst target$5.83-1.4%7 analysts
$6.01our TP
$5.91price
$5.83mean
$5
$7

Sell if holding. Analyst target reached at $5.91 — A.R:R is negative (-2.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.6% away). Chart setup: RSI 45 mid-range, Bollinger mid-band. Score 6.1/10, moderate confidence.

Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: moderate.

Thesis

Rewards
Positive news sentiment (+0.67)
Attractive valuation
Strong growth profile
Risks
Analyst target reached - limited upside remaining
Near 52-week high (3.6% away)
Leverage penalty (D/E 1.2): -0.5

Key Metrics

P/E (TTM)12.3
P/E (Fwd)8.7
Mkt Cap$6.2B
EV/EBITDA3.6
Profit Mgn1.7%
ROE16.4%
Rev Growth7.2%
Beta0.42
Dividend5.47%
Rating analysts21

Quality Signals

Piotroski F7/9

Options Flow

IV133%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R -2.1=NEGATIVEEARNINGS PROXIMITY 6d<=7dMomentum 5.6>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
45 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $5.51Resistance $6.13

Price Targets

$6
$6
A.Upside+1.7%
A.R:R-2.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (-14.3% upside)
! Negative risk/reward — downside exceeds upside
! EARNINGS_PROXIMITY:6d<=7d

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-05-06 (6d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is UGP stock a buy right now?

Sell if holding. Analyst target reached at $5.91 — A.R:R is negative (-2.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.6% away). Chart setup: RSI 45 mid-range, Bollinger mid-band. Prior stop was $5.64. Score 6.1/10, moderate confidence.

What is the UGP stock price target?

Take-profit target: $6.01 (+1.5% upside). Prior stop was $5.64. Stop-loss: $5.64.

What are the risks of investing in UGP?

Analyst target reached - limited upside remaining; Near 52-week high (3.6% away); Leverage penalty (D/E 1.2): -0.5.

Is UGP overvalued or undervalued?

Ultrapar Participacoes S.A. (Ne trades at a P/E of 12.3 (forward 8.7). TrendMatrix value score: 8.2/10. Verdict: Sell.

What do analysts say about UGP?

21 analysts cover UGP with a consensus score of 3.9/5. Average price target: $6.

What does Ultrapar Participacoes S.A. (Ne do?Ultrapar Participações S.A., through its subsidiaries, operates in the energy, mobility, and logistics infrastructure...

Ultrapar Participações S.A., through its subsidiaries, operates in the energy, mobility, and logistics infrastructure sectors in Brazil, the rest of Europe, the United States, Canada, other Latin American countries, Oceania, and internationally. It operates through Ultragaz, Ipiranga, Ultracargo, and Hidrovias segments. The company distributes and sells oil-related products, biofuels, gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and additive fuels under the Ipimax brand to carriers, resellers, and retailers; operates service stations under the Ipiranga brand and convenience stores under the AmPm brand; and produces and sells lubricants under the ICONIC brand. It also engages in the distribution of bulk and bottled liquefied petroleum gas for the residential, condominium, trade, services, industrial, and agribusiness sectors; operation of a natural gas pipeline network; and provision of renewable electricity for businesses and households, as well as compressed natural gas and biomethane for corporate clients. In addition, the company operates liquid bulk storage terminals in logistics centers; waterway and multimodal infrastructure; and port operations. Further, the company offers logistics solutions for handling grains, ores, and fertilizers; automotive services through Jet Oil units; and loyalty programs under the Km de Vantagens (KMV) brand. It also exports its products and services. Ultrapar Participações S.A. was founded in 1937 and is headquartered in São Paulo, Brazil.

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