Consensus
AVERAGE TARGET PRICE – R$18.43
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | 50,621 | – | 55,347 | 9.3% | 57,639 | 4.2% |
| Net income | 4,257 | – | 4,562 | 7.2% | 5,118 | 12.2% |
TARGET PRICE – R$18.00 (Buy)
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | 48,919 | – | 52,915 | 8.2% | 57,227 | 8.1% |
| Net income | 4,078 | – | 4,303 | 5.5% | 5,072 | 17.9% |
TARGET PRICE – R$19.00 (Buy)
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | – | – | – | – | – | – |
TARGET PRICE – R$16.00 (Buy)
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | 53.951 | – | 59.599 | 10,5% | – | – |
| Net income | 4.256 | – | 4.314 | 1,4% | – | – |
TARGET PRICE – R$20.00 (Buy)
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | 4,422 | – | 4,790 | 8.3% | – | – |
TARGET PRICE – R$18.00 (Buy)
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | – | – | – | – | – | – |
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | – | – | – | – | – | – |
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | – | – | – | – | – | – |
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | – | – | – | – | – | – |
TARGET PRICE – R$19.60 (Buy)
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | 48,993 | 14.3% | 53,528 | 9.3% | 58,158 | 8.6% |
| Net income | 4,270 | 19.3% | 4,839 | 13.3% | 5,163 | 6.7% |
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | – | – | – | – | – | – |
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | – | – | – | – | – | – |
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | – | – | – | – | – | – |
