Analysts cut Grupo Mateus stock target from BRL 4.25 to BRL 4.00

Published on 10/16/2026 at 02:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached BRL 9.85 billion in Q2 2026, up 12.2 percent year over year. Grupo Mateus stock has a BRL 11.8 billion market cap as of October 15, 2026.

Dated earnings and valuation

Simply Wall St cited a target cut from BRL 4.25 to BRL 4.00 on October 6, 2026.
First-half 2026 net revenue reached BRL 19.3 billion, up 12.5 percent year over year.
Grupo Mateus had a BRL 11.8 billion market capitalization as of October 15, 2026.

Grupo Mateus, BRGMATACNOR7, Illustration mit AI erstellt.

Grupo Mateus (BRGMATACNOR7) faced a lower analyst valuation after its target was cut from BRL 4.25 to BRL 4.00 on October 6, 2026. Simply Wall St attributed the change to revised assumptions for discount rates, revenue growth, profit margins and future valuation multiples.

Target cut meets revenue growth

The valuation reset contrasts with continued expansion in the latest reported period. FreshPlaza reported net revenue of BRL 9.9 billion for the second quarter of 2026, up 12.2 percent year over year and 4.8 percent from the first quarter. First-half 2026 net revenue was BRL 19.3 billion, an increase of 12.5 percent from the comparable period.

What does Q2 growth mean?

The figures show that sales growth remained positive while the target revision pointed to pressure on future profitability assumptions. For investors, the key tension is the gap between a 12.2 percent quarterly revenue increase and a lower valuation based on expected margins and growth.

Three dated operating markers

On May 14, 2026, Investing.com listed first-quarter 2026 revenue at BRL 9.40 billion. On August 13, 2026, the same earnings record showed second-quarter revenue of BRL 9.85 billion and adjusted earnings per share of BRL 0.103. On October 6, 2026, Simply Wall St reported the target reduction from BRL 4.25 to BRL 4.00.

When are results due?

Investing.com lists November 12, 2026 as the next reporting date for the third quarter of 2026, with consensus revenue of BRL 10.64 billion.

Market value and business scale

Grupo Mateus had a BRL 11.8 billion market capitalization as of October 15, 2026. The retailer operates supermarkets, cash-and-carry stores, wholesale outlets, furniture and home-appliance businesses, e-commerce, bakeries and food-processing operations across Brazil.