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Braskem Hit by Fitch Downgrade to CC Amid Prolonged Petrochemical Downturn

Story Highlights
  • Braskem received a downgrade to CC from Fitch on December 30, 2025.
  • The company is pursuing resilience and transformation measures to withstand the petrochemical downturn and support Brazil’s chemical sector competitiveness.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Braskem Hit by Fitch Downgrade to CC Amid Prolonged Petrochemical Downturn

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An update from Braskem SA ( (BAK) ) is now available.

On December 30, 2025, Braskem S.A. announced that Fitch Ratings downgraded the company’s global corporate credit rating to CC, signaling elevated credit risk amid a prolonged downturn in the global petrochemical industry. In response, Braskem emphasized its ongoing resilience and transformation initiatives aimed at mitigating the severe effects of this sector-wide slump and at reinforcing the competitiveness of Brazil’s chemical industry, a stance intended to reassure shareholders and other stakeholders about the company’s strategic focus under challenging market conditions.

The most recent analyst rating on (BAK) stock is a Hold with a $3.30 price target. To see the full list of analyst forecasts on Braskem SA stock, see the BAK Stock Forecast page.

Spark’s Take on BAK Stock

According to Spark, TipRanks’ AI Analyst, BAK is a Neutral.

Braskem SA’s overall stock score reflects significant financial challenges, with high leverage and declining profitability being the most critical factors. While there are some positive aspects, such as improved EBITDA and liquidity, these are overshadowed by ongoing industry pressures and valuation concerns. Technical analysis provides a neutral outlook, with mixed signals on momentum.

To see Spark’s full report on BAK stock, click here.

More about Braskem SA

Braskem S.A. is a Brazilian petrochemical and chemical producer, operating in the global plastics and chemicals industry with a focus on supplying resins and petrochemical derivatives that are critical to manufacturing and industrial value chains, particularly in Brazil’s chemical sector.

Average Trading Volume: 1,005,847

Technical Sentiment Signal: Sell

Current Market Cap: $1.15B

See more insights into BAK stock on TipRanks’ Stock Analysis page.

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