Sao Martinho stock gained 5.45 percent after fiscal Q1 results

Published on 10/04/2026 at 17:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sao Martinho stock followed a BRL 1.53 billion fiscal Q1 2027 revenue report dated June 30, 2026. Ten analysts set a Neutral consensus and BRL 20.74 average target.

Sao Martinho, BRSMTOACNOR3, Illustration mit AI erstellt.

Sao Martinho (ISIN BRSMTOACNOR3) closed at BRL 18.37 on B3 on October 1, 2026, up 5.45 percent. The move followed a fiscal first-quarter report that put revenue at BRL 1.53 billion and net income at BRL 38.15 million for the period ended June 30, 2026.

Sao Martinho lists 1Q27 results among its latest reporting materials and identifies the company as a major ethanol and sugar producer. The fiscal-quarter revenue figure compares with BRL 2.24 billion in fiscal Q4 2026, while net income fell from BRL 172.85 million to BRL 38.15 million between those two reported quarters.

Revenue sets the operating frame

The reported figures show a sharp sequential change in the earnings mix. Operating profit was BRL 196.04 million in fiscal Q1 2027, compared with BRL 411.95 million in fiscal Q4 2026, while diluted EPS was BRL 0.12 versus BRL 0.52.

Operating cash flow reached BRL 219.29 million in fiscal Q1 2027, although capital expenditure was BRL 513.65 million. The resulting cash investment profile gives production conditions and capital allocation a central role in the next report.

Analysts see limited upside

According to Investing.com on September 25, 2026, the consensus was Neutral, based on 10 analysts: 2 Buy ratings, 7 Holds and 1 Sell rating. The average 12-month price target was BRL 20.74, with a high of BRL 25 and a low of BRL 15.

That average target stood 12.90 percent above the BRL 18.37 closing price on October 1, 2026. The distribution points to a measured analyst view rather than a broad consensus for an immediate earnings reacceleration.

Production dates set the next checkpoints

The company investor-relations calendar lists November 9, 2026, for the fiscal 2Q27 earnings release and November 10, 2026, for the conference call. It also lists February 12, 2027, for the fiscal 3Q27 earnings release, giving investors three dated checkpoints for the crop-year progress.

The next report will help clarify whether the first-quarter revenue and profit decline reflects timing, production conditions or a broader change in the sugar and ethanol cycle. For Sao Martinho, the comparison between operating cash generation and capital expenditure is the key financial signal.

Stock price and market value

Sao Martinho stock closed at BRL 18.37 on B3 on October 1, 2026, while its market capitalization was BRL 6.2 billion as of October 4, 2026. The price and the dated earnings figures together frame the stock around a strong trading session and a weaker sequential profit comparison.