Taesa names interim chief. Taesa stock stands at BRL 15.8 billion value

Published on 10/21/2026 at 04:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Itaú raised its target from BRL 41.80 to BRL 43.50 on October 8, 2026. Taesa stock was last at BRL 45.87 on October 20, 2026 on B3.

Leadership change and regulation

Luis Alessandro Alves took the interim implementation role on October 15, 2026, after 30 years in energy.
Itaú raised its Taesa target from BRL 41.80 to BRL 43.50 on October 8, 2026.
Taesa stock stood at BRL 45.87 on October 20, 2026 at 9:31 p.m. BRT on B3.

Taesa, BRTAEECDAM10, Illustration mit AI erstellt.

Taesa (ISIN BRTAEECDAM10) stock was last at BRL 45.87 on October 20, 2026 at 9:31 p.m. BRT on B3. The company had appointed Luis Alessandro Alves as interim implementation director on October 15, 2026, while its next quarterly results are scheduled for November 11, 2026.

According to Agencia iNFRA, Alves took the role after Jell Lima de Andrade left following a board meeting. Alves has been part of Taesa's executive team since 2021 and previously held the implementation position from 2021 to 2024.

What does the target say?

The clearest valuation marker came from Itaú. In its October 8, 2026 analysis, Itaú raised its target for Taesa from BRL 41.80 to BRL 43.50 while maintaining a neutral view. The report linked the assessment to concession renewal and compensation questions affecting assets whose allowed annual revenue may expire through 2032.

The target remains below the latest B3 price of BRL 45.87, making regulation the central variable for the equity story. Itaú said a full compensation outcome could lift its target to BRL 55.50, while its base case assumes a narrower recovery scope. The contrast gives investors a concrete measure of the regulatory risk.

When are the next company dates?

Taesa's investor-relations calendar lists the third-quarter 2026 earnings release for November 11, 2026 and the related videoconference for November 12, 2026. The company operates electricity transmission assets in Brazil, so the November figures should show how recurring transmission revenue is developing before the next regulatory decisions.

Valuation keeps regulation central

Taesa's market capitalization was BRL 15.8 billion as of October 20, 2026. Its 52-week B3 range was BRL 36.21 to BRL 46.91, placing the latest price BRL 0.? below the high; this leaves only a limited margin before the yearly peak and keeps the Itaú target comparison relevant.

Taesa was last at BRL 45.87 on B3 on October 20, 2026 at 9:31 p.m. BRT.