JPMorgan keeps Buy on Sabesp stock at USD 35.00
Published on 10/05/2026 at 05:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJPMorgan maintained a Buy rating on Sabesp stock and raised its target from USD 34.00 to USD 35.00 on September 8, 2026, according to Investing.com. The move gives investors a clear reference point ahead of the Brazilian water utility's next scheduled results.
JPMorgan raises target to USD 35.00
The JPMorgan target moved from USD 34.00 to USD 35.00 while the rating stayed at Buy, the analyst table on September 8, 2026 shows. The same table lists 15 Buy ratings and one Sell rating for Sabesp, a split that keeps the overall analyst picture positive while leaving room for disagreement.
That balance matters because the latest quarter was mixed. MarketBeat reported that Sabesp delivered USD 0.07 in earnings per share for the quarter released on August 12, 2026, below the USD 0.09 consensus estimate. Revenue reached USD 1.16 billion against USD 1.23 billion expected, creating a quantified gap between operating scale and market expectations.
Second-quarter revenue reached USD 1.16 billion
Sabesp's investor-relations page identifies the second-quarter 2026 results as 2T26 and also lists the first-quarter and fourth-quarter 2025 reporting sections, according to Sabesp. The company provides water supply and wastewater services across Sao Paulo state, making recurring utility demand the central operating backdrop for the quarterly numbers.
The next reporting date is November 5, 2026, according to Investing.com. That date gives the market a defined checkpoint for whether revenue can close the USD 0.07 versus USD 0.09 earnings gap seen in the latest release.
NYSE range remains USD 4.43 to USD 7.16
The NYSE quote was last at USD 5.38 on October 2, 2026 at 4:00 p.m. ET, with a market capitalization of USD 18.4 billion and a 52-week range of USD 4.43 to USD 7.16. The prior close at Lang & Schwarz was EUR 4.77 on October 2, 2026.
Sabesp stock facts
- Company: Companhia de Saneamento Básico do Estado de São Paulo - SABESP
- ISIN: US20441A1025
- Ticker: SBS
- Primary exchange: NYSE
- Prior close Lang & Schwarz (October 2, 2026): EUR 4.77
- Market capitalization: USD 18.4 billion (as of October 2, 2026)
- 52-week range: USD 4.43-USD 7.16 (as of October 2, 2026)
- Sector / Industry: Utilities / Regulated Water
- Next earnings date: November 5, 2026
