Braskem (NYSE:BAK) Reaches New 1-Year Low – What’s Next?

Posted by George Bondi on Aug 6th, 2026

Shares of Braskem S.A. (NYSE:BAK – Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as $2.20 and last traded at $2.2340, with a volume of 93891 shares trading hands. The stock had previously closed at $2.26.

Analysts Set New Price Targets

Several equities analysts have recently commented on BAK shares. Zacks Research lowered Braskem from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Citigroup lowered Braskem from a “neutral” rating to a “sell” rating in a research report on Thursday, June 25th. Bradesco Corretora downgraded Braskem from an “outperform” rating to an “underperform” rating and set a $1.50 price objective for the company. in a research note on Tuesday, April 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Braskem in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. cut Braskem from an “overweight” rating to a “neutral” rating in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Strong Sell” and an average target price of $3.40.

View Our Latest Analysis on BAK

Braskem Stock Down 0.7%

The firm’s 50 day simple moving average is $2.89 and its 200 day simple moving average is $3.58. The company has a market cap of $894.87 million, a price-to-earnings ratio of -0.53, a price-to-earnings-growth ratio of 0.13 and a beta of 1.62.

Braskem (NYSE:BAK – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.48. The company had revenue of $3.51 billion for the quarter, compared to analysts’ expectations of $3.39 billion. Braskem had a negative return on equity of 23.17% and a negative net margin of 13.72%. Analysts anticipate that Braskem S.A. will post 1.64 EPS for the current fiscal year.

Institutional Trading of Braskem

Several hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its position in Braskem by 444.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,579 shares of the company’s stock worth $25,000 after acquiring an additional 7,003 shares during the period. Quadrant Capital Group LLC increased its holdings in shares of Braskem by 222.1% during the fourth quarter. Quadrant Capital Group LLC now owns 12,809 shares of the company’s stock valued at $38,000 after purchasing an additional 8,832 shares during the period. Signaturefd LLC raised its stake in shares of Braskem by 50.1% during the fourth quarter. Signaturefd LLC now owns 13,524 shares of the company’s stock valued at $40,000 after purchasing an additional 4,513 shares in the last quarter. Cetera Investment Advisers bought a new stake in shares of Braskem during the first quarter valued at about $51,000. Finally, Evergreen Capital Management LLC acquired a new stake in Braskem in the fourth quarter worth about $44,000.

About Braskem

(Get Free Report)

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.