Braskem S.A. Addresses Stock Fluctuations Amid Sale Speculations

Braskem SA ( (BAK) ) has provided an announcement.

On May 26, 2025, Braskem S.A. addressed a request from B3 regarding atypical fluctuations in its stock prices observed in May 2025. The fluctuations were linked to media reports about the potential sale of Braskem, which Braskem clarified was not directly involved in. The controlling shareholder, Novonor, received a non-binding proposal from Petroquímica Verde Fundo de Investimento em Participações to acquire shares that would give it control over Braskem. This proposal is under review, with conditions including compliance with existing agreements with Petrobras and negotiations with banks involved.

The most recent analyst rating on (BAK) stock is a Buy with a $8.50 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’s overall stock score is driven by significant financial instability, with negative equity and declining profitability being major concerns. The improved EBITDA and operational performance highlighted in the earnings call provide some optimism. However, the negative valuation metrics and the technical analysis indicating mixed trends further contribute to a cautious outlook.

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

More about Braskem SA

Braskem S.A. is a leading company in the petrochemical industry, primarily engaged in the production of thermoplastic resins. The company is headquartered in Camacari, Bahia, Brazil, and focuses on serving a global market with its extensive range of chemical products.

Average Trading Volume: 889,902

Technical Sentiment Signal: Sell

Current Market Cap: $1.55B

For a thorough assessment of BAK stock, go to TipRanks’ Stock Analysis page.