Consensus
AVERAGE TARGET PRICE – R$18.06
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | 50,619 | – | 55,423 | 9.5% | 57,806 | 4.3% |
| Net income | 4,127 | – | 4,341 | 5.2% | 4,924 | 13.4% |
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$19.00 (Buy)
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | – | – | – |
| Net income | 4,005 | – | – | – | – | – |
| (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$18.30 (Buy)
| (R$ million, except otherwise specified) | 2026A | Δ Y/Y | 2027E | Δ Y/Y | 2028E | Δ Y/Y |
|---|---|---|---|---|---|---|
| Revenue | 48,988 | 14.3% | 53,755 | 9.7% | 58,385 | 8.6% |
| Net income | 4,169 | 16.5% | 4,407 | 5.7% | 4,775 | 8.4% |
| (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 | – | – | – | – | – | – |
