Brava Energia (BRAV3) Stock Overview
Engages in the exploration and production of oil and natural gas in Brazil. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
BRAV3 Community Fair Values
Create NarrativeSee what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Brava Energia S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$18.94 |
| 52 Week High | R$22.28 |
| 52 Week Low | R$13.29 |
| Beta | -0.15 |
| 1 Month Change | -10.02% |
| 3 Month Change | -13.00% |
| 1 Year Change | 6.46% |
| 3 Year Change | -41.76% |
| 5 Year Change | -56.35% |
| Change since IPO | -9.38% |
Recent News & Updates
Narrative Update • Jun 24
BRAV3: Ecopetrol Control Bid And Mixed Ratings Will Unlock Future Upside Potential
The analyst price target for Brava Energia has been revised from R$32.05 to R$27.00, as analysts incorporate updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E into their models, following recent mixed rating actions from major banks. Analyst Commentary Recent research on Brava Energia shows mixed opinions, with some firms turning more cautious while others highlight potential upside based on valuation and execution.
Narrative Update • Jun 04
BRAV3: Mixed Ratings And Ecopetrol Deal Will Shape Future Cash Flow Profile
Brava Energia's analyst price target has been adjusted from R$22.25 to R$22.80 as analysts balance mixed recent ratings with updated assumptions on growth, margins and future P/E for the stock. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the updated target price reflects confidence that Brava Energia can sustain its current margin framework, which they see as supportive of the stock's P/E assumptions.
Narrative Update • May 18
BRAV3: Ecopetrol Bid And Mixed Ratings Will Shape Returns And Risks
Analysts have trimmed their 12 month price target for Brava Energia to R$17.00 from R$17.00, reflecting updated views on higher required returns, softer revenue expectations, stronger profit margins, and a lower assumed future P/E multiple. Analyst Commentary Recent Street research on Brava Energia shows a cautious tone, with several bearish analysts revisiting their ratings and assumptions.Narrative Update • May 03
BRAV3: Ecopetrol Control Bid Will Support Future Upside Potential
Analysts have nudged their blended price target for Brava Energia from R$30.00 to about R$32.05, reflecting updated views on revenue growth, margins, and a slightly lower future P/E after recent mix shifts in research opinions. Analyst Commentary Recent research has been mixed, with downgrades from JPMorgan and Morgan Stanley offset by a prior upgrade from Goldman Sachs and a slightly higher blended price target.Recent updates
Narrative Update • Jun 24
BRAV3: Ecopetrol Control Bid And Mixed Ratings Will Unlock Future Upside Potential
The analyst price target for Brava Energia has been revised from R$32.05 to R$27.00, as analysts incorporate updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E into their models, following recent mixed rating actions from major banks. Analyst Commentary Recent research on Brava Energia shows mixed opinions, with some firms turning more cautious while others highlight potential upside based on valuation and execution.Narrative Update • Jun 04
BRAV3: Mixed Ratings And Ecopetrol Deal Will Shape Future Cash Flow Profile
Brava Energia's analyst price target has been adjusted from R$22.25 to R$22.80 as analysts balance mixed recent ratings with updated assumptions on growth, margins and future P/E for the stock. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the updated target price reflects confidence that Brava Energia can sustain its current margin framework, which they see as supportive of the stock's P/E assumptions.Narrative Update • May 18
BRAV3: Ecopetrol Bid And Mixed Ratings Will Shape Returns And Risks
Analysts have trimmed their 12 month price target for Brava Energia to R$17.00 from R$17.00, reflecting updated views on higher required returns, softer revenue expectations, stronger profit margins, and a lower assumed future P/E multiple. Analyst Commentary Recent Street research on Brava Energia shows a cautious tone, with several bearish analysts revisiting their ratings and assumptions.Narrative Update • May 03
BRAV3: Ecopetrol Control Bid Will Support Future Upside Potential
Analysts have nudged their blended price target for Brava Energia from R$30.00 to about R$32.05, reflecting updated views on revenue growth, margins, and a slightly lower future P/E after recent mix shifts in research opinions. Analyst Commentary Recent research has been mixed, with downgrades from JPMorgan and Morgan Stanley offset by a prior upgrade from Goldman Sachs and a slightly higher blended price target.Narrative Update • Apr 19
BRAV3: Higher Assumed Future P/E Will Pressure Returns If Execution Falters
Analysts have raised their price target on Brava Energia to R$17. The change is supported by updated assumptions on discount rates, revenue trends, profit margins and a higher future P/E, as reflected in recent Street research updates.Narrative Update • Apr 05
BRAV3: Lower Discount Rate And Higher P/E Will Support Future Upside
Analysts have maintained their R$30.00 price target for Brava Energia. The updated view reflects revised assumptions that include higher projected revenue growth, a lower discount rate and a higher future P/E multiple, partly offset by a lower profit margin outlook.Narrative Update • Mar 22
BRAV3: Weaker Revenue Outlook Will Shape Future Returns Despite Stable Profitability
Narrative Update on Brava Energia The analyst price target for Brava Energia has been revised from R$15.00 to R$17.00, with analysts pointing to updated fair value assumptions, a slightly higher discount rate, an adjusted revenue growth outlook, a marginally higher profit margin and a higher future P/E as key drivers of the change. Valuation Changes Fair Value: R$15.00 to R$17.00, a modest uplift in the assessed equity value per share.Narrative Update • Mar 08
BRAV3: Lower Revenue And Margin Outlook Will Drive Weaker Future Returns
Analysts have reduced their price target on Brava Energia from R$15.80 to R$15.00, citing updated assumptions that reflect a lower revenue growth outlook, a slimmer profit margin profile, a slightly higher future P/E multiple, and a revised discount rate. Valuation Changes Fair Value: reduced from R$15.80 to R$15.00 per share, a modest cut in the target valuation.Narrative Update • Feb 22
BRAV3: Stable Cash Flow Assumptions And Margin Profile Will Support Upside
Analysts have kept their R$22.25 price target on Brava Energia broadly unchanged, reflecting only minor tweaks to discount rate, revenue growth and profit margin assumptions, as well as a slightly adjusted future P/E of 7.33x. Valuation Changes Fair Value: R$22.25 remains unchanged, with no adjustment to the headline valuation figure.Narrative Update • Feb 07
BRAV3: Stable Margins And New CFO Appointment Will Support Long-Term Upside
Analysts have kept their price target for Brava Energia steady at $22.25, citing only marginal tweaks in assumptions, such as a slightly lower discount rate and a small adjustment to the future P/E multiple, as the basis for their unchanged view. What's in the News The Board of Directors confirmed the election of Luiz Carvalho as Chief Financial Officer of Brava Energia S.A. at a meeting held on November 14, 2025, with his official start date set for November 24, 2025 (Key Developments).Analysis Article • Feb 05
Is Brava Energia (BVMF:BRAV3) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Jan 24
BRAV3: Future Profit Margins And New CFO Will Support Long-Term Upside
Analysts have trimmed their price target on Brava Energia from $24.40 to $22.25, reflecting updated assumptions around revenue growth, profit margins, discount rates, and a slightly higher expected future P/E multiple. What's in the News The Board of Directors confirmed the election of Mr. Luiz Carvalho as Chief Financial Officer of Brava Energia S.A. at a meeting held on November 14, 2025 (Key Developments).Narrative Update • Jan 09
BRAV3: New CFO Appointment Will Support Higher Profitability Expectations
Analysts now place Brava Energia's fair value at $30.00, reduced from $34.26, reflecting updated assumptions around revenue growth, profit margins, and future P/E expectations. What's in the News The Board of Directors confirmed the election of Mr. Luiz Carvalho as Chief Financial Officer of Brava Energia S.A. at a meeting held on November 14, 2025 (Key Developments).Analysis Article • Jan 09
Further Upside For Brava Energia S.A. (BVMF:BRAV3) Shares Could Introduce Price Risks After 25% Bounce
Brava Energia S.A. ( BVMF:BRAV3 ) shares have had a really impressive month, gaining 25% after a shaky period...Narrative Update • Dec 21
BRAV3: New CFO And Higher Risk Outlook Will Shape Future Prospects
Analysts have revised their price target for Brava Energia down from 18.00 to 15.80, reflecting more conservative assumptions around revenue growth, profit margins, and an increased discount rate, even though the stock still appears attractive based on a lower forward P/E multiple. What's in the News Brava Energia's Board of Directors confirmed the election of Mr. Luiz Carvalho as Chief Financial Officer at a meeting held on November 14, 2025 (company board meeting minutes).Narrative Update • Dec 07
BRAV3: Future Profit Margins Will Drive Long-Term Upside Potential
Analysts have modestly lowered their price target for Brava Energia to approximately $24.40 per share from about $24.48. This reflects slightly higher perceived risk and somewhat softer long term profitability assumptions, while growth expectations remain favorable.Narrative Update • Nov 22
BRAV3: Future Profit Margins Will Drive Potential Long-Term Value
Narrative Update on Brava Energia: Analyst Price Target Adjustment Analysts have revised their price target for Brava Energia slightly downward from $24.86 to $24.48. This change reflects updated assumptions in growth and profitability projections.Narrative Update • Nov 07
BRAV3: Future Production Will Unlock Value For Long-Term Gains
Narrative Update: Brava Energia Analyst Price Target Revision Analysts have revised Brava Energia's fair value price target downward by approximately $1.50. This change reflects more cautious expectations for revenue growth and profit margins going forward.Analysis Article • Oct 25
Potential Upside For Brava Energia S.A. (BVMF:BRAV3) Not Without Risk
With a median price-to-sales (or "P/S") ratio of close to 0.8x in the Oil and Gas industry in Brazil, you could be...Analysis Article • Sep 19
These 4 Measures Indicate That Brava Energia (BVMF:BRAV3) Is Using Debt In A Risky Way
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Aug 17
Atlanta And Papa-Terra Production Will Drive Future Energy Value
Despite declines in both net profit margin and revenue growth forecasts, Brava Energia’s consensus analyst price target has been raised from R$26.30 to R$27.83. What's in the News Brava Energia scheduled a Special/Extraordinary Shareholders Meeting to be held exclusively remotely in Brazil.Analysis Article • May 22
Brava Energia's (BVMF:BRAV3) Shareholders Have More To Worry About Than Lackluster Earnings
Brava Energia S.A.'s ( BVMF:BRAV3 ) stock wasn't much affected by its recent lackluster earnings numbers. Our analysis...Analysis Article • May 01
Does Brava Energia (BVMF:BRAV3) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • May 01
Not Many Are Piling Into Brava Energia S.A. (BVMF:BRAV3) Stock Yet As It Plummets 26%
The Brava Energia S.A. ( BVMF:BRAV3 ) share price has fared very poorly over the last month, falling by a substantial...Analysis Article • Mar 07
Slammed 26% Brava Energia S.A. (BVMF:BRAV3) Screens Well Here But There Might Be A Catch
The Brava Energia S.A. ( BVMF:BRAV3 ) share price has fared very poorly over the last month, falling by a substantial...
New Narrative • Feb 10
Completion Of FPSO Atlanta And Papa Terra Resumption Will Boost Future Output
Streamlined operations and strategic divestments focus on efficiency, asset optimization, and higher returns, enhancing profitability and earnings.Analysis Article • Jan 18
A Piece Of The Puzzle Missing From Brava Energia S.A.'s (BVMF:BRAV3) 27% Share Price Climb
Brava Energia S.A. ( BVMF:BRAV3 ) shares have continued their recent momentum with a 27% gain in the last month alone...Analysis Article • Dec 04
Further Upside For Brava Energia S.A. (BVMF:BRAV3) Shares Could Introduce Price Risks After 27% Bounce
Brava Energia S.A. ( BVMF:BRAV3 ) shareholders are no doubt pleased to see that the share price has bounced 27% in the...Analysis Article • Nov 20
Additional Considerations Required While Assessing Brava Energia's (BVMF:BRAV3) Strong Earnings
Last week's profit announcement from Brava Energia S.A. ( BVMF:BRAV3 ) was underwhelming for investors, despite...Analysis Article • Oct 14
These 4 Measures Indicate That 3R Petroleum Óleo e Gás (BVMF:BRAV3) Is Using Debt Extensively
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Sep 05
3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Subdued P/S Might Signal An Opportunity
With a median price-to-sales (or "P/S") ratio of close to 1x in the Oil and Gas industry in Brazil, you could be...Analysis Article • May 12
3R Petroleum Óleo e Gás S.A. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Last week, you might have seen that 3R Petroleum Óleo e Gás S.A. ( BVMF:RRRP3 ) released its quarterly result to the...Analysis Article • Apr 05
3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) P/E Is Still On The Mark Following 29% Share Price Bounce
The 3R Petroleum Óleo e Gás S.A. ( BVMF:RRRP3 ) share price has done very well over the last month, posting an...Analysis Article • Mar 14
3R Petroleum Óleo e Gás (BVMF:RRRP3) Shareholders Should Be Cautious Despite Solid Earnings
Following the release of a positive earnings report recently, 3R Petroleum Óleo e Gás S.A.'s ( BVMF:RRRP3 ) stock...Analysis Article • Mar 10
3R Petroleum Óleo e Gás S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
A week ago, 3R Petroleum Óleo e Gás S.A. ( BVMF:RRRP3 ) came out with a strong set of full-year numbers that could...Analysis Article • Jan 09
3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Subdued P/S Might Signal An Opportunity
There wouldn't be many who think 3R Petroleum Óleo e Gás S.A.'s ( BVMF:RRRP3 ) price-to-sales (or "P/S") ratio of 1.6x...Analysis Article • Oct 05
3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Analysts Just Slashed This Year's Estimates
The latest analyst coverage could presage a bad day for 3R Petroleum Óleo e Gás S.A. ( BVMF:RRRP3 ), with the analysts...Analysis Article • Sep 16
Growth Investors: Industry Analysts Just Upgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Revenue Forecasts By 15%
Celebrations may be in order for 3R Petroleum Óleo e Gás S.A. ( BVMF:RRRP3 ) shareholders, with the analysts delivering...Analysis Article • Aug 20
These Analysts Think 3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Sales Are Under Threat
The analysts covering 3R Petroleum Óleo e Gás S.A. ( BVMF:RRRP3 ) delivered a dose of negativity to shareholders today...Shareholder Returns
| BRAV3 | BR Oil and Gas | BR Market | |
|---|---|---|---|
| 7D | 5.8% | 3.8% | 2.2% |
| 1Y | 6.5% | 21.3% | 17.6% |
Return vs Industry: BRAV3 underperformed the BR Oil and Gas industry which returned 20.1% over the past year.
Return vs Market: BRAV3 underperformed the BR Market which returned 14.4% over the past year.
Price Volatility
| BRAV3 volatility | |
|---|---|
| BRAV3 Average Weekly Movement | 4.8% |
| Oil and Gas Industry Average Movement | 4.9% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in BR Market | 7.7% |
| 10% least volatile stocks in BR Market | 1.9% |
Stable Share Price: BRAV3 has not had significant price volatility in the past 3 months compared to the BR market.
Volatility Over Time: BRAV3's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | n/a | Richard Kovacs | bravaenergia.com |
Brava Energia S.A. engages in the exploration and production of oil and natural gas in Brazil. It is also involved in treatment, refining, and processing, as well as engages in the trading of oil, gas and derivatives. The company was formerly known as 3R Petroleum Óleo e Gás S.A. and changed its name to Brava Energia S.A. in September 2024.
Brava Energia S.A. Fundamentals Summary
| BRAV3 fundamental statistics | |
|---|---|
| Market cap | R$8.80b |
| Earnings (TTM) | R$232.37m |
| Revenue (TTM) | R$11.88b |
37.9x
P/E Ratio0.7x
P/S RatioIs BRAV3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BRAV3 income statement (TTM) | |
|---|---|
| Revenue | R$11.88b |
| Cost of Revenue | R$8.62b |
| Gross Profit | R$3.26b |
| Other Expenses | R$3.03b |
| Earnings | R$232.37m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.50 |
| Gross Margin | 27.47% |
| Net Profit Margin | 1.96% |
| Debt/Equity Ratio | 138.9% |
How did BRAV3 perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield25%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/11 05:18 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Brava Energia S.A. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Leonardo Marcondes | BofA Global Research |
| Vicente Falanga Neto | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |
| Rodrigo Reis de Almeida | BTG Pactual |