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BAKBraskem SASell4.6·$2.45+4.26%
SellModerate Confidence
Investment thesis

Braskem sits outside the investable universe by market capitalization at $0.84 billion — below the $1 billion minimum threshold — and carries cash-burning operations with free cash flow negative at 10% of revenue, a 20% revenue decline, and a Piotroski financial health score of only 3 out of 9; despite a sharp 44% upward revision to analyst estimates over the last month, the fundamental setup does not support investment.

Thesis pillars

  • Sub Investable Market Cap BarrierStable
  • Cash Burning Deteriorating QualityStable
  • Revenue Contraction Unreliable EarningsStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Braskem SA (BAK) Stock Analysis

Inst Constrain edge

SellModerate Confidence

Basic Materials · Chemicals

Sell if holding. Engine safety override at $2.45: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10 and A.R:R 2.7:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend.

Braskem S.A., together with its subsidiaries, engages in the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil. The company supplies electricity and other inputs to second-generation producers; sells utilities, such as steam, water,... Read more

$2.45+40.4% A.UpsideScore 4.6/10#11 of 15 Chemicals
QualityF-score3 / 9FCF yield-1245.08%
Stop $2.28Target $3.44(analyst − 13%)A.R:R 2.7:1
Analyst target$3.95+61.4%6 analysts
$3.44our TP
$2.45price
$3.95mean
$2
$7

Sell if holding. Engine safety override at $2.45: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10 and A.R:R 2.7:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.6/10, moderate confidence.

Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 39d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06

Recent Developments — Braskem SA

Generated 2026-07-06T05:40:26Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 12, 202639d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Quality below floor (1.2 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-1.3
Mkt Cap$554M
EV/EBITDA16.3
Profit Mgn-13.7%
ROE
Rev Growth-20.4%
Beta0.72
DividendNone
Rating analysts17

Quality Signals

Piotroski F3/9

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

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static

Roa
0.0
Gross Margin
0.0
Operating Margin
0.0
Net Margin
0.0
Fcf Quality
0.0
Current Ratio
2.8
Piotroski F
3.3
Moat
3.8
Cash-burning: FCF -10% of revenueNo competitive moatWeak Piotroski F-Score: 3/9Quality concerns

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Volume
0.0
Ma Position
2.2
Macd
2.6
Rsi
3.0
Obv
5.1
Capitulation risk (RSI 14, below 200MA)Below 200-MA but MA still rising (+1.6%/30d) — pullback in uptrend, not confirmed weakness
GatesMomentum 2.6<4.5A.R:R 2.7 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 39d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Speculative
RSI
14 · Oversold
20D MA 50D MA 200D MAGOLDEN CROSSSupport $2.25Resistance $4.06

Price Targets

$2
$3
A.Upside+40.4%
A.R:R2.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (1.2 < 4.0)
! momentum at 2.6 (below the engine's 4.5 threshold)

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-08-12 (39d)

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 BAK stock a buy right now?

Sell if holding. Engine safety override at $2.45: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10 and A.R:R 2.7:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $2.28. Score 4.6/10, moderate confidence.

What is the BAK stock price target?

Take-profit target: $3.44 (+40.4% upside). Prior stop was $2.28. Stop-loss: $2.28.

What are the risks of investing in BAK?

Quality below floor (1.2 < 4.0).

Is BAK overvalued or undervalued?

Braskem SA trades at a P/E of N/A (forward -1.3). TrendMatrix value score: 7.8/10. Verdict: Sell.

What do analysts say about BAK?

17 analysts cover BAK with a consensus score of 3.6/5. Average price target: $4.

What does Braskem SA do?Braskem S.A., together with its subsidiaries, engages in the manufacture, sale, import, and export of chemicals,...

Braskem S.A., together with its subsidiaries, engages in the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil. The company supplies electricity and other inputs to second-generation producers; sells utilities, such as steam, water, compressed air and industrial gases; industrial services; and engages in the production, supply, and sale of electric energy and gas. It also produces and sells polyethylene, including the production of green PE made from renewable resources, and polypropylene; and polyvinyl chloride and caustic soda. In addition, the company provides thermoplastic resins; and other basic petrochemicals. It has operations in the United States, Europe, Asia, and internationally. The company was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. Braskem S.A. was founded in 1972 and is headquartered in São Paulo, Brazil.

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