Patria Investments (PAX) Stock Overview
Operates as a private market investment firm. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
PAX Community Fair Values
Create NarrativeSee what 52 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Patria Investments Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.68 |
| 52 Week High | US$17.80 |
| 52 Week Low | US$10.65 |
| Beta | 0.73 |
| 1 Month Change | 0.16% |
| 3 Month Change | -11.14% |
| 1 Year Change | 17.84% |
| 3 Year Change | -12.79% |
| 5 Year Change | -16.52% |
| Change since IPO | -36.28% |
Recent News & Updates
Patria Investments: Still A Buy After Acquisition Spree (Rating Downgrade)
Apr 21
Private Markets Expansion Will Support Stable Fees But Credit And Integration Risks Will Persist
Catalysts About Patria Investments Patria Investments is an alternative asset manager focused on private markets strategies across infrastructure, credit, real estate, private equity and multi-manager solutions, with a large portion of assets in long duration and permanent capital vehicles. What are the underlying business or industry changes driving this perspective?
PAX: Acquisition Pipeline And Fee-Paying AUM Plan Will Support Upside
Analysts have trimmed their price target for Patria Investments by $1 to reflect slightly lower fair value assumptions and a modestly reduced future P/E, while keeping core growth and margin expectations essentially unchanged. Analyst Commentary Bullish Takeaways Bullish analysts who recently lifted their price target highlight confidence that Patria can support higher valuation multiples over time, even with current fair value tweaks elsewhere in the coverage.
Patria Investments Limited – Completion of WP Global Partners Acquisition Strengthens U.S. Private Equity Platform
Author: Qudus Adebara (Founder of Wane Investment House) Patria Investments Limited has confirmed the completion of its acquisition of WP Global Partners , marking a significant milestone in the firm’s global expansion strategy and strengthening its foothold in the U.S. middle-market private equity segment. Transaction Overview Acquirer: Patria Investments Limited Target: WP Global Partners Sector: Private Equity Solutions (Lower-Middle Market) Geography: United States (New York & Chicago) Transaction Status: Completed Integration Plan: Full integration into Patria’s platform Strategic Platform Expansion The acquisition enhances Patria’s Global Private Markets Solutions (GPMS) division by: Expanding U.S. middle-market exposure Strengthening co-investment and primary fund capabilities Broadening General Partner (GP) relationships Deepening client reach across institutional investors Financial Impact Pro-forma GPMS FEAUM (4Q25): > $13.6 billion U.S. Exposure: ~40% of total investments This reflects a material scale-up in Patria’s global private equity solutions platform and reinforces its positioning as a diversified global alternatives manager.PAX: Acquisition Pipeline And AUM Deals Will Support Longer Term Upside Potential
Analysts now see a modestly higher blended price target for Patria Investments, shaped by recent moves that included a $1 trim from BofA and a $2 lift from Goldman Sachs. The updated view is anchored by relatively steady fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.Recent updates
Patria Investments: Still A Buy After Acquisition Spree (Rating Downgrade)
Apr 21Private Markets Expansion Will Support Stable Fees But Credit And Integration Risks Will Persist
Catalysts About Patria Investments Patria Investments is an alternative asset manager focused on private markets strategies across infrastructure, credit, real estate, private equity and multi-manager solutions, with a large portion of assets in long duration and permanent capital vehicles. What are the underlying business or industry changes driving this perspective?PAX: Acquisition Pipeline And Fee-Paying AUM Plan Will Support Upside
Analysts have trimmed their price target for Patria Investments by $1 to reflect slightly lower fair value assumptions and a modestly reduced future P/E, while keeping core growth and margin expectations essentially unchanged. Analyst Commentary Bullish Takeaways Bullish analysts who recently lifted their price target highlight confidence that Patria can support higher valuation multiples over time, even with current fair value tweaks elsewhere in the coverage.Patria Investments Limited – Completion of WP Global Partners Acquisition Strengthens U.S. Private Equity Platform
Author: Qudus Adebara (Founder of Wane Investment House) Patria Investments Limited has confirmed the completion of its acquisition of WP Global Partners , marking a significant milestone in the firm’s global expansion strategy and strengthening its foothold in the U.S. middle-market private equity segment. Transaction Overview Acquirer: Patria Investments Limited Target: WP Global Partners Sector: Private Equity Solutions (Lower-Middle Market) Geography: United States (New York & Chicago) Transaction Status: Completed Integration Plan: Full integration into Patria’s platform Strategic Platform Expansion The acquisition enhances Patria’s Global Private Markets Solutions (GPMS) division by: Expanding U.S. middle-market exposure Strengthening co-investment and primary fund capabilities Broadening General Partner (GP) relationships Deepening client reach across institutional investors Financial Impact Pro-forma GPMS FEAUM (4Q25): > $13.6 billion U.S. Exposure: ~40% of total investments This reflects a material scale-up in Patria’s global private equity solutions platform and reinforces its positioning as a diversified global alternatives manager.PAX: Acquisition Pipeline And AUM Deals Will Support Longer Term Upside Potential
Analysts now see a modestly higher blended price target for Patria Investments, shaped by recent moves that included a $1 trim from BofA and a $2 lift from Goldman Sachs. The updated view is anchored by relatively steady fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.PAX: Acquisition Pipeline And CFO Transition Will Support Longer Term Upside Potential
Analysts have recently adjusted their price targets on Patria Investments in a mixed way, with one cut of $1 and another increase of $2. These changes reflect updated views on the stock while keeping key assumptions, such as fair value, discount rate, revenue growth, profit margin, and future P/E, essentially unchanged.PAX: Acquisition Plans And CFO Transition Will Shape Bullish Longer Term Outlook
Analysts have trimmed their average price target on Patria Investments by about $0.43 as they factor in slightly lower fair value estimates, modestly softer revenue growth and profit margin assumptions, and a somewhat higher future P/E multiple. Analyst Commentary Recent research updates on Patria Investments point to a mixed but generally engaged view from the analyst community, with one firm trimming its target and another lifting it.Patria Investments (NASDAQ:PAX) Has Announced A Dividend Of $0.15
Feb 06
PAX: Updated Earnings Framework And CFO Transition Will Support Bullish Outlook
Analysts have raised their price target on Patria Investments to approximately US$17.71 from about US$17.14, citing updated assumptions for revenue growth, profit margins, and a lower expected P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target, now near US$17.71, as reflecting more confidence in Patria Investments' ability to execute on its updated revenue and margin assumptions.PAX: Future CFO Transition And Refined Assumptions Will Support Balanced Outlook
Analysts now estimate fair value for Patria Investments at approximately US$17.14 per share, up from about US$16.57, citing updated assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple that together support a modestly higher price target. What's in the News Patria Investments Limited plans a CFO transition, with partner and CFO of Portfolio Management Raphael Denadai set to become Chief Financial Officer in April 2026, moving from his current role overseeing finance functions across Private Equity and Infrastructure portfolios (Key Developments).PAX: Future CFO Transition And Stable Earnings Multiple Will Support Balanced Outlook
Analysts have maintained their fair value estimate for Patria Investments at approximately US$16.57 per share. They explained that only very small adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions did not justify a change in the price target.PAX: Future Leadership Transition And Earnings Multiple Will Shape Balanced Outlook
Analysts have modestly raised their price target for Patria Investments to reflect slightly lower perceived risk and a richer future earnings multiple, lifting the implied fair value by approximately $0.00 per share. What's in the News Patria Investments announced that Partner and CFO of Portfolio Management, Raphael Denadai, will become the company’s Chief Financial Officer effective April 2026, adding him to the Management Committee and placing him in a direct reporting line to CEO Nikitas Psyllakis (Key Developments).PAX: Future Profit Margins And Earnings Multiples Will Shape Balanced Outlook
Analysts have modestly raised their price target on Patria Investments to approximately $16.57 from $16.17, citing higher projected revenue growth, a sharply improved profit margin profile, a slightly lower discount rate, and a normalization of future valuation multiples. Valuation Changes Fair Value Estimate has risen slightly from $16.17 to $16.57 per share, reflecting a modest upward revision in intrinsic valuation.Patria Investments Limited's (NASDAQ:PAX) Share Price Not Quite Adding Up
Sep 24Global Capital Shifts Will Expand Alternative Asset Markets
With both the discount rate and future P/E showing only marginal movements, Patria Investments’ consensus analyst price target was maintained at $16.17, reflecting no material change in valuation outlook. What's in the News Patria Investments authorized a buyback program for up to 3,000,000 Class A common shares, to continue until the repurchase is completed or August 2026.Patria Investments Limited (NASDAQ:PAX) Not Flying Under The Radar
Apr 07Patria Investments: A Taste Of Latin America In Your Portfolio, With Sizzling Profit Margins
Mar 21Patria Investments: Don't Miss Out Here
Dec 16Patria Investments: I'm Loving This 'Dirt Cheap' Latin American Version Of Blackstone
Dec 02Patria Investments' Q3: Strong Fundraising And Attractive Valuation
Nov 13Patria Investments: The Alternatives King Of Latin America
Oct 14
Tactical Acquisitions And Share Repurchase Program Set To Elevate Earnings And Shareholder Value
Strategic shifts, including share repurchases and capital management updates, aim to enhance shareholder value and support EPS growth.My Favorite Dividend Stock: Patria Investments
Aug 10Patria Investments Limited Just Missed Earnings - But Analysts Have Updated Their Models
Aug 04Patria Investments: Stock Multiples At Historic Lows, Potential 7.87% Yield
May 29Patria Investments: How To Play The Drop On Q1 Earnings
May 06Patria Investments: Go Local In LatAm
Apr 19Patria: High-Yield, High-Growth, Strong Track Record
Feb 19Patria Investments Limited (NASDAQ:PAX) Just Beat EPS By 8.1%: Here's What Analysts Are Forecasting For This Year
Feb 18Potential Upside For Patria Investments Limited (NASDAQ:PAX) Not Without Risk
Jan 05Shareholder Returns
| PAX | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -0.2% | 0.1% | 0.9% |
| 1Y | 17.8% | 15.5% | 28.2% |
Return vs Industry: PAX exceeded the US Capital Markets industry which returned 15.5% over the past year.
Return vs Market: PAX underperformed the US Market which returned 28.2% over the past year.
Price Volatility
| PAX volatility | |
|---|---|
| PAX Average Weekly Movement | 4.6% |
| Capital Markets Industry Average Movement | 3.7% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: PAX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PAX's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 577 | Alexandre de Assumpcao Saigh | www.patria.com |
Patria Investments Limited operates as a private market investment firm. It specializes in investments in private equity, secondary direct and indirect and venture capital with focus in middle market, buyout and growth capital investments. It seeks to be sector agnostic with focus on agribusiness, power & energy, healthcare, logistics & transportations, food & beverage, agricultural products, packaged foods and meats, education services, outsourced business services, and digital & tech services.
Patria Investments Limited Fundamentals Summary
| PAX fundamental statistics | |
|---|---|
| Market cap | US$2.05b |
| Earnings (TTM) | US$85.60m |
| Revenue (TTM) | US$381.70m |
23.9x
P/E Ratio5.4x
P/S RatioIs PAX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PAX income statement (TTM) | |
|---|---|
| Revenue | US$381.70m |
| Cost of Revenue | US$169.00m |
| Gross Profit | US$212.70m |
| Other Expenses | US$127.10m |
| Earnings | US$85.60m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.53 |
| Gross Margin | 55.72% |
| Net Profit Margin | 22.43% |
| Debt/Equity Ratio | 27.4% |
How did PAX perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield111%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/04 21:59 |
| End of Day Share Price | 2026/05/04 00:00 |
| Earnings | 2025/12/31 |
| 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Patria Investments Limited is covered by 9 analysts. 6 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 |
|---|---|
| Nicolas Vaysselier | BNP Paribas |
| Arnaud Maurice Giblat | BNP Paribas |
| Craig Siegenthaler | BofA Global Research |