Braskem’s Shares Surge Amid Acquisition Offer by Nelson Tanure

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

On May 23, 2025, Braskem S.A. was the subject of media reports regarding a potential acquisition offer by Nelson Tanure, which led to a significant increase in its share price. Braskem clarified that it is not involved in the negotiations, which are being conducted by its controlling shareholder, Novonor. Novonor received a non-binding proposal from Petroquímica Verde Fundo de Investimento em Participações, aiming to acquire control of Braskem. The proposal is under review, with conditions including compliance with existing agreements with Petrobras and negotiations with banks holding Braskem shares.

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. It operates in the chemical and petrochemical sectors, focusing on the production and commercialization of a wide range of chemical products and polymers, serving various markets globally.

Average Trading Volume: 889,902

Technical Sentiment Signal: Sell

Current Market Cap: $1.55B

For an in-depth examination of BAK stock, go to TipRanks’ Stock Analysis page.