Braskem (BAK) to Post Earnings on Wednesday

Braskem (NYSE:BAK) is projected to announce its Q2 2026 results before the market opens on Wednesday, August 12th. Analysts expect Braskem to announce earnings of $1.21 per share and revenue of $4.3163 billion for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 13, 2026 at 9:00 AM ET.

Braskem (NYSE:BAK) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.21 by $0.48. The company had revenue of $3.51 billion during the quarter, compared to analysts’ expectations of $3.39 billion. Braskem had a negative net margin of 13.72% and a negative return on equity of 23.17%. On average, analysts expect Braskem to post $2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Braskem Trading Down 1.5%

Braskem stock opened at $2.29 on Wednesday. Braskem has a 1-year low of $2.20 and a 1-year high of $5.39. The firm has a market capitalization of $910.80 million, a PE ratio of -0.54, a price-to-earnings-growth ratio of 0.13 and a beta of 1.62. The firm’s 50 day simple moving average is $2.94 and its 200 day simple moving average is $3.59.

Institutional Trading of Braskem

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its holdings in shares of Braskem by 619.5% during the 4th quarter. Renaissance Technologies LLC now owns 265,488 shares of the company’s stock worth $783,000 after acquiring an additional 228,588 shares during the last quarter. Jump Financial LLC increased its stake in Braskem by 607.1% in the second quarter. Jump Financial LLC now owns 263,771 shares of the company’s stock valued at $865,000 after acquiring an additional 226,467 shares during the last quarter. Marshall Wace LLP purchased a new stake in Braskem during the fourth quarter valued at about $477,000. Jane Street Group LLC raised its position in Braskem by 193.6% during the fourth quarter. Jane Street Group LLC now owns 220,898 shares of the company’s stock valued at $652,000 after purchasing an additional 145,655 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in Braskem during the fourth quarter valued at about $232,000.

Wall Street Analyst Weigh In

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

About Braskem

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.