Simply Wall St raises target for Equatorial Energia stock to BRL 52.86

Published on 10/14/2026 at 00:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue hit BRL 13.74 billion, up 10.20 percent year over year. For Equatorial Energia stock, adjusted net income fell 83.50 percent.

Target and earnings calendar

Simply Wall St raised Equatorial Energia's fair-value target from BRL 51.80 to BRL 52.86 on October 7, 2026.
Equatorial Energia reported BRL 13.74 billion in second-quarter 2026 revenue, up 10.20 percent year over year.
Equatorial Energia was last at BRL 49.20 on B3 on October 13, 2026 at 5:05 p.m. BRT.
The next reporting date is November 11, 2026.

Equatorial Energia, BREQTLACNOR0, Illustration mit AI erstellt.

Equatorial Energia (ISIN BREQTLACNOR0) had its fair-value target raised from BRL 51.80 to BRL 52.86 on October 7, 2026, according to Simply Wall St. The move puts the updated reference value 7.69 percent above the last B3 quotation of BRL 49.20 from October 13, 2026.

Target moves above BRL 52.00

Simply Wall St said the updated BRL 52.86 target reflected revised assumptions for discount rates, revenue trends, profit margins and future valuation multiples. The earlier BRL 51.80 target had already followed a previous adjustment from BRL 50.67, showing that the valuation view has moved higher over the recent updates.

Second-quarter revenue grows

For the second quarter of 2026, net revenue reached BRL 13.74 billion, up 10.20 percent from BRL 12.47 billion in the second quarter of 2025, according to BTG Pactual. Adjusted EBITDA rose 0.80 percent to BRL 2.93 billion, while adjusted net income fell 83.50 percent to BRL 110.00 million.

The earnings mix explains the contrast. Net revenue expanded, but net financial expenses of BRL 1.80 billion pressured adjusted profit, while net debt increased 15.20 percent year over year to BRL 51.83 billion.

Three dates track the change

On August 13, 2026, Equatorial reported second-quarter revenue of BRL 13.74 billion and net income of BRL 485.38 million, according to BTG Pactual. On August 24, 2026, the same research review recorded adjusted EBITDA of BRL 2.93 billion, up 0.80 percent year over year, and adjusted net income of BRL 110.00 million. On October 7, 2026, Simply Wall St raised the fair-value target to BRL 52.86 from BRL 51.80.

What does the debt mean?

BTG Pactual reported net debt of BRL 51.83 billion at June 30, 2026, up 15.20 percent year over year, while net debt to adjusted EBITDA remained at 3.10 times. Short-term liquidity improved as cash coverage of short-term debt rose to 2.50 times from 1.30 times in the second quarter of 2025.

Next dates set the rhythm

Simply Wall St lists November 11, 2026 as Equatorial's next reporting date. An OBM calendar also lists a BRL 0.13 per-share interest-on-equity payment for December 30, 2026, with the payment date shown in its dividend table.

Equatorial Energia was last at BRL 49.20 on B3 on October 13, 2026 at 5:05 p.m. BRT. The same market quote placed the 52-week range at BRL 33.61 to BRL 51.26 and market capitalization at BRL 61.9 billion on that date.