Braskem’s Credit Rating Downgraded by Fitch Amid Industry Challenges

Braskem SA ( (BAK) ) has issued an update.

On August 13, 2025, Braskem S.A. announced that Fitch Ratings has downgraded its global corporate credit rating to BB-, with a Negative Outlook. This revision reflects the ongoing challenges in the global petrochemical industry, impacting the company’s liquidity. In response, Braskem is implementing resilience initiatives to mitigate these effects and bolster the competitiveness of the Brazilian chemical industry.

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 SA’s overall stock score is primarily impacted by its poor financial performance, high leverage, and negative valuation metrics. Recent improvements in EBITDA and operational performance provide some relief but are overshadowed by significant financial instability and technical bearishness.

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

More about Braskem SA

Braskem S.A. operates within the petrochemical industry, focusing on the production and distribution of chemical products. The company plays a significant role in the Brazilian chemical sector, aiming to enhance its competitiveness amidst global industry challenges.

Average Trading Volume: 1,028,039

Technical Sentiment Signal: Sell

Current Market Cap: $1.28B

Learn more about BAK stock on TipRanks’ Stock Analysis page.