Hidrovias do Brasil stock reports BRL 664.12 million revenue

Published on 09/30/2026 at 15:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Safra cut its target from BRL 4.10 to BRL 3.90 on September 2, 2026. Q2 net income reached BRL 100.36 million.

Hidrovias, BRHBSAACNOR0, Illustration mit AI erstellt.

Hidrovias do Brasil (ISIN BRHBSAACNOR0) reported BRL 664.12 million in revenue and BRL 100.36 million in net income for Q2 2026, according to TradingView. The earnings rebound gives Hidrovias do Brasil stock a stronger operating backdrop, but analysts have also highlighted execution and weather risks.

Profit rebounds in Q2 2026

Revenue in Q2 2026 was 49.19 percent higher than in the previous quarter, while net income reached BRL 100.36 million. The quarterly earnings per share figure was BRL 0.07, according to TradingView.

The balance between revenue growth and profit recovery matters because Hidrovias operates an asset-heavy logistics model across Brazilian waterways. Its business includes inland shipping, terminals and related logistics services for agricultural and mineral commodities.

Safra lowers target and rating

On September 2, 2026, Safra cut its recommendation from Neutral to Sell and reduced its price target from BRL 4.10 to BRL 3.90. The bank cited operational challenges in the Northern Corridor and greater execution risk.

Safra also pointed to the possibility of a strong El Nino episode between October and December 2026. Weather conditions could affect navigation and cargo flows, making the next operating update important for judging whether the Q2 profit recovery can continue.

Next results set for November

Hidrovias is scheduled to publish its Q3 2026 results on November 9, 2026, according to TraderNews. That report should show whether revenue can remain above the Q2 level of BRL 664.12 million while profit stays near BRL 100.36 million.

On September 30, 2026, Hidrovias do Brasil had a market capitalization of BRL 4.6 billion. Its 52-week range was BRL 2.91 to BRL 4.39, placing the market value between a recent low and high rather than at either extreme.

Hidrovias stock keeps a mixed setup

Hidrovias do Brasil stock combines a clear Q2 earnings recovery with a live debate over operating resilience. Eulerpool lists a 12-month consensus target of BRL 4.44 based on 14 analysts, including 11 Buy ratings, while Safra takes the opposite view with a Sell rating and a BRL 3.90 target. The November report is therefore the next quantified test of the recovery.