JPMorgan sets BRL 17.00 target for Alpargatas stock
Published on 10/14/2026 at 02:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and quarterly results
- The September 30, 2026 JPMorgan note kept a Hold rating and cited a BRL 17.00 target.
- Second-quarter revenue reached BRL 1.23 billion, 7.89 percent above consensus.
- Alpargatas stock was last at BRL 17.36 on B3 on October 13, 2026 at 5:05 p.m. BRT.
Alpargatas (BRALPAACNPR7) has a BRL 17.00 target after JPMorgan kept its Hold rating on September 30, 2026, according to Investing.com. The note gives investors a clear reference point as the Brazilian footwear maker approaches its next quarterly report.
JPMorgan target stays at BRL 17.00
The JPMorgan entry lists Hold, a BRL 17.00 target and September 30, 2026 as the date. A second Investing.com table shows Citi at Hold with a BRL 14.00 target dated September 17, 2026, creating a visible spread between the two published targets.
Quarterly numbers beat estimates
For the second quarter of 2026, Alpargatas reported revenue of BRL 1.23 billion and earnings per share of BRL 0.25, versus consensus of BRL 1.14 billion and BRL 0.19, respectively, according to Investing.com. The reported revenue beat was 7.89 percent, while earnings per share exceeded consensus by 32.14 percent.
The quarter also produced net income of BRL 169.67 million and a net margin of 13.80 percent, both identified as second-quarter 2026 figures by TickerLandia. The combination of revenue growth and positive earnings momentum explains why the analyst target remains a central valuation reference, even though the target prices differ across houses.
November reporting date
Alpargatas is scheduled to publish third-quarter 2026 results on November 6, 2026, according to Investing.com. The upcoming report will show whether the BRL 1.23 billion second-quarter revenue level and the BRL 169.67 million net income can be sustained.
B3 price and valuation context
Alpargatas was last at BRL 17.36 on B3 on October 13, 2026 at 5:05 p.m. BRT. The 52-week range was BRL 9.29 to BRL 17.36, while market capitalization stood at BRL 9.1 billion on the same market-data snapshot.
Alpargatas operates in consumer discretionary footwear and accessories, with Havaianas among its brands. Its primary listing is B3 under ticker ALPA4, as confirmed by Global Banking and Finance Review.
Market context: Market report Bovespa.
Alpargatas stock facts
- Company: Alpargatas S.A.
- ISIN: BRALPAACNPR7
- Ticker: ALPA4
- Primary exchange: B3
- Market capitalization: BRL 9.1 billion (as of October 13, 2026)
- 52-week range: BRL 9.29-17.36 (as of October 13, 2026)
- Sector / Industry: Consumer Discretionary / Apparel, Footwear and Accessories
