Average Target Price - R$ 5.69
Consensus |
2024E |
2025E |
Net sales (R$ million) |
R$ 27,643 |
R$ 28,888 |
Gross margin (%) |
30.6% |
31.1% |
Adjusted EBITDA (R$ million) |
R$ 1,778 |
R$ 2,301 |
Financial result (R$ million) |
-R$ 1,727 |
-R$ 1,573 |
Net income (R$ million) |
-R$ 927 |
-R$ 810 |
TARGET PRICE (Sell) - R$ 6.70
Banco do Brasil projections |
2024E |
2025E |
Net sales (R$ million) |
R$ 26,977 |
R$ 28,147 |
Gross margin (%) |
30.7% |
29.8% |
Adjusted EBITDA (R$ million) |
R$ 1,983 |
R$ 2,210 |
Financial result (R$ million) |
R$ (1,743) |
R$ (1,934) |
Net income (R$ million) |
R$ (625) |
R$ (613) |
TARGET PRICE (Sell) - R$ 3.25
BofA Merrill Lynch projections |
2024E |
2025E |
Net sales(R$ million) |
R$ 26,714 |
R$ 28,133 |
Gross margin (%) |
– |
– |
Adjusted EBITDA (R$ million) |
– |
– |
Financial result (R$ million) |
– |
– |
Net income (R$ million) |
-R$ 936 |
-R$ 1,266 |
TARGET PRICE (Neutral) - R$ 9.00
Bradesco projections |
2024E |
2025E |
Net sales (R$ million) |
R$ 28,697 |
R$ 30,512 |
Gross margin (%) |
– |
– |
Adjusted EBITDA (R$ million) |
R$ 2,058 |
R$ 3,008 |
Financial result (R$ million) |
– |
– |
Net income (R$ million) |
-R$ 1.086 |
R$ 0 |
TARGET PRICE (Neutral) - R$ 9.00
BTG Pactual projections |
2024E |
2025E |
Net sales(R$ million) |
R$ 28,083 |
R$ 30,204 |
Gross margin (%) |
30.1% |
31.0% |
Adjusted EBITDA (R$ million) |
R$ 1,845 |
R$ 2,680 |
Financial result (R$ million) |
R$ (2,160) |
R$ (2,252) |
Net income (R$ million) |
R$ (1.024) |
R$ (204) |
TARGET PRICE (Neutral) - R$ 5.10
Citi projections |
2024E |
2025E |
Net sales(R$ million) |
R$ 26,636 |
R$ 28,129 |
Gross margin (%) |
31.1% |
31.5% |
Adjusted EBITDA (R$ million) |
R$ 2,008 |
R$ 2,533 |
Financial result (R$ million) |
– |
– |
Net income (R$ million) |
-R$ 726 |
-R$ 489 |
TARGET PRICE (Sell) - R$ 4.00
Genial projections |
2024E |
2025E |
Net sales(R$ million) |
R$ 28,156 |
R$ 29,715 |
Gross margin (%) |
30.40% |
31.10% |
Adjusted EBITDA (R$ million) |
R$ 2,114 |
R$ 2,692 |
Financial result (R$ million) |
-R$ 2,510 |
-R$ 2,326 |
Net income (R$ million) |
-R$ 1,274 |
-R$ 602 |
TARGET PRICE (Sell) - R$ 2.90
Goldman Sachs projections |
2024E |
2025E |
Net sales (R$ million) |
R$ 26,827 |
R$ 28,285 |
Gross margin (%) |
– |
– |
Adjusted EBITDA (R$ million) |
R$ 1,722 |
R$ 2,318 |
Financial result (R$ million) |
– |
– |
Net income (R$ million) |
-R$ 847 |
-R$ 1,393 |
TARGET PRICE (Sell) - -
Morgan Stanley projections |
2024E |
2025E |
Net sales(R$ million) |
R$ 26.822 |
R$ 28.788 |
Gross margin (%) |
30.9% |
31.4% |
Adjusted EBITDA (R$ million) |
R$ 1,919 |
R$ 2,418 |
Financial result (R$ million) |
R$ (1,945) |
R$ (2,928) |
Net income (R$ million) |
R$ (857) |
R$ (1.164) |
TARGET PRICE (Neutral) - R$ 5.00
Safra projections |
2024E |
2025E |
Net sales (R$ million) |
R$ 26,709 |
R$ 28,297 |
Gross margin (%) |
31.2% |
31.3% |
Adjusted EBITDA (R$ million) |
R$ 1,914 |
R$ 2,600 |
Financial result (R$ million) |
– |
– |
Net income (R$ million) |
-R$ 958 |
-R$ 542 |
TARGET PRICE (Neutral) - R$ 3.90
Santander projections |
2024E |
2025E |
Net sales(R$ million) |
R$ 27,072 |
R$ 28,674 |
Gross margin (%) |
30.9% |
31.5% |
Adjusted EBITDA (R$ million) |
R$ 1,928 |
R$ 2,552 |
Financial result (R$ million) |
-R$ 2,004< |
-R$ 0 |
Net income (R$ million) |
-R$ 813 |
-R$ 1,020 |
TARGET PRICE (Neutral) - R$ 8.00
XP projections |
2024E |
2025E |
Net sales(R$ million) |
R$ 31.377 |
– |
Gross margin (%) |
29.70% |
– |
Adjusted EBITDA (R$ million) |
R$ 2.066 |
– |
Financial result (R$ million) |
– |
– |
Net income (R$ million) |
-R$ 1.051 |
-/td>
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