Braskem (BAK) to Release Earnings on Tuesday
by Scott Moore · The Cerbat GemBraskem (NYSE:BAK – Get Free Report) is anticipated to issue its Q1 2026 results before the market opens on Tuesday, May 12th. Analysts expect the company to announce earnings of ($0.3165) per share and revenue of $3.8298 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Tuesday, May 12, 2026 at 7:00 AM ET.
Braskem (NYSE:BAK – Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The company reported ($2.33) earnings per share (EPS) for the quarter. The business had revenue of $2.56 billion during the quarter. Braskem had a negative return on equity of 21.95% and a negative net margin of 14.53%. On average, analysts expect Braskem to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Braskem Stock Performance
NYSE BAK traded up $0.09 during trading on Tuesday, reaching $3.94. 342,731 shares of the company traded hands, compared to its average volume of 2,394,947. Braskem has a 1-year low of $2.32 and a 1-year high of $5.30. The stock’s 50 day moving average price is $3.93 and its two-hundred day moving average price is $3.36. The company has a market cap of $1.57 billion, a price-to-earnings ratio of -0.85 and a beta of 1.56.
Hedge Funds Weigh In On Braskem
Institutional investors and hedge funds have recently modified their holdings of the business. Millennium Management LLC acquired a new stake in Braskem in the 4th quarter worth about $112,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Braskem in the fourth quarter valued at approximately $232,000. Squarepoint Ops LLC acquired a new stake in Braskem during the fourth quarter worth approximately $79,000. Marshall Wace LLP bought a new position in Braskem during the 4th quarter worth $477,000. Finally, State Street Corp raised its holdings in Braskem by 7.2% in the 4th quarter. State Street Corp now owns 311,507 shares of the company’s stock valued at $919,000 after acquiring an additional 20,805 shares in the last quarter.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on BAK. Bank of America cut Braskem from a “neutral” rating to an “underperform” rating and set a $2.80 price objective for the company. in a report on Thursday, March 26th. Bradesco Corretora cut shares of Braskem from an “outperform” rating to an “underperform” rating and set a $1.50 price objective on the stock. in a research note on Tuesday, April 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Braskem in a research note on Monday, April 20th. Zacks Research raised Braskem from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Finally, Citigroup raised Braskem from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $3.28.
Get Our Latest Report on Braskem
Braskem Company Profile
Braskem (NYSE:BAK) is a leading integrated petrochemical company based in São Paulo, Brazil, and holds the distinction of being the largest thermoplastic resins producer in Latin America. The company operates across the entire value chain, from feedstock sourcing and polymer production to distribution and recycling. Braskem’s comprehensive approach to petrochemical manufacturing enables it to serve a diverse set of end markets with a broad portfolio of products.
Braskem’s core product lines include polypropylene, polyethylene and polyvinyl chloride (PVC), which are used in industries such as packaging, automotive, construction and electrical & electronics.