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PBR-APetroleo Brasileiro S.A. PetrobBuy Wait7.1·$18.39-1.03%

Petroleo Brasileiro S.A. Petrob (PBR-A) Q2 2026 earnings — TrendMatrix coverage

BEAT+16.3% vs estimateEPS $1.62 vs $1.39 estCurrent verdict Buy (Wait) 7.1/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$1.62
Estimate
$1.39
Surprise
+16.3%
Score today
7.1/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q2 2026

How the report landed

Petroleo Brasileiro S.A. Petrob (PBR-A) beat the $1.39 estimate with diluted EPS of $1.62 — a large 16.3% upside surprise.

Current read · as of 2026-09-05

Where TrendMatrix's rating stands now

TrendMatrix currently rates PBR-A Buy (Wait) at 7.1/10; no pre/post engine snapshot brackets this report.

3 of the last 4 quarters beat the estimate; this quarter's +16.3% surprise compares with a +8.5% four-quarter average.

What supports the rating

  • V7 quality resilience bonus: +0.2 (Q=7.6 in RISK_OFF)
  • Sector modifier (Energy): +1.2

What argues against it

  • Thin upside margin: 3.3%
  • R/R 0.2x at spot < 1.5 minimum
  • Reward/Risk 0.2:1 at current price — below 1.5:1 minimum

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$18.39
Entry target
$15.70
Price target
$18.85
Stop
$14.60
Upside to target
+2.5%
Reward-to-risk
0.2:1

Forward estimates sit below the trailing run-rate (7.6× forward vs 4.8× trailing) — consensus expects earnings to decline from here.

Risk check: RSI 74 — a level conventionally read as overbought; gains at these levels often lean on momentum.

Model outputs from TrendMatrix’s engine as of 2026-09-05 — shown for context, not personalized investment advice.

Energy context

PBR-A at TrendMatrix's latest read

Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.

Industry
Oil & Gas Integrated
Market cap
$127.21B
P/E (fwd)
7.6
P/E (ttm)
4.8
52-week range
$10.76$20.05
Off 52-week high
8.3%
RSI (14)
74
Volume vs avg
0.66×
Score today
7.1/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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