Klabin stock gained 3.11 percent as debt leverage fell

Published on 10/05/2026 at 20:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Klabin stock gained 3.11 percent to BRL 18.54 on October 2, 2026. Second-quarter EBITDA reached BRL 2.0 billion as leverage fell to 3.2x.

Klabin, US49834M1009, Illustration mit AI erstellt.

Klabin stock (ISIN US49834M1009) gained 3.11 percent to BRL 18.54 on the B3 on October 2, 2026. The latest operating report showed BRL 5.2 billion in second-quarter revenue and BRL 2.0 billion in EBITDA, keeping debt reduction at the center of the equity story.

Debt ratio improves in Q2

According to Yahoo Finance in the August 6, 2026 earnings call, second-quarter net revenue reached BRL 5.2 billion and EBITDA reached BRL 2.0 billion. The EBITDA margin was 38 percent, while sales volumes totaled 1.18 million metric tons, virtually matching the second quarter of 2025.

The balance-sheet comparison is more constructive. Klabin ended Q2 2026 with net debt of BRL 24.0 billion, and net debt to adjusted EBITDA declined 0.7x from the second quarter of 2025 to 3.2x, according to Yahoo Finance.

Analyst target moves lower

Valuation remains the sharper counterweight to the operational figures. IT Boltwise reported on September 30, 2026, that an analyst team cut its Klabin target from BRL 24.00 to BRL 21.00 and changed its rating from Outperform to Neutral. The same report said the 2027 EBITDA estimate was reduced 11 percent to BRL 8.0 billion.

The consensus picture remains higher than the revised single-house target. Zonebourse listed an Accumulate consensus from 16 analysts, with an average target of BRL 22.51, a high target of BRL 29.00 and a low target of BRL 18.50. Those targets use the page reference close of BRL 19.19, rather than the October 2 B3 close.

Stock rises before the next report

The October 2 B3 close of BRL 18.54 was BRL 0.56 above the prior close of BRL 17.98, giving the stock a quantified market signal before the next scheduled quarterly publication. Klabin operates across forestry, paper, packaging and pulp, so the 38 percent EBITDA margin and 3.2x leverage ratio frame the two variables most relevant to its current valuation.

BRL 18.54 close on B3

Klabin stock closed at BRL 18.54 on the B3 on October 2, 2026, after gaining 3.11 percent during the session. The next reporting date is October 28, 2026.