Plano & Plano stock traded at BRL 6.820 after Q2 profit drop

Published on 10/07/2026 at 03:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Plano & Plano posted BRL 914.8 million in Q2 revenue, while net income fell 34.5 percent year over year. BTG Pactual set a BRL 12 target.

Plano & Plano, BRPLPLACNOR5, Illustration mit AI erstellt.

Plano & Plano (BRPLPLACNOR5) was trading at BRL 6.820 on B3 on October 1, 2026, up 1.79 percent during the session. The latest quarterly figures put revenue and margin recovery at the center of the stock story.

Q2 revenue reached BRL 914.8 million

Plano & Plano reported BRL 914.8 million in revenue and BRL 67.3 million in net income for the quarter ended June 30, 2026, according to BolsaData. The same page lists gross profit of BRL 253.1 million and a net margin of 7.9 percent for the latest available figures.

The comparison is less comfortable: net income fell 34.5 percent year over year, while revenue was slightly above a published BRL 914 million expectation, IT Boltwise reported on September 28, 2026.

Analysts split over margin recovery

The valuation debate is now tied to profitability rather than revenue alone. Money Times reported on September 25, 2026, that BTG Pactual cut its Plano & Plano EPS estimates by 47 percent for 2026 and 42 percent for 2027, while setting a BRL 12 price target.

A separate September 7, 2026 report from Seu Dinheiro said Morgan Stanley cut its target from BRL 17 to BRL 7.50 and changed its rating from Buy to Sell. The same report said Itaú BBA maintained Buy with a BRL 15 target and linked the upside case to gross-margin recovery toward 35 percent.

Stock remains tied to execution

The operating signal is mixed in precise terms: Q2 revenue exceeded the published expectation by BRL 0.8 million, but net income declined by BRL 35.4 million from the comparable figure implied by the reported 34.5 percent drop. For investors, the next decisive test is whether newer projects can lift margins while sales velocity and cash generation improve.

Plano & Plano was last quoted at BRL 6.820 on B3 on October 1, 2026 at 11:36 a.m. BRT, with a 1.79 percent session gain.