Cosan S.A. Launches Second Public Offering of Common Shares

The latest announcement is out from Cosan ( (CSAN) ).

On November 3, 2025, Cosan S.A. announced the launch of a primary offering of its common shares, directed at professional investors in Brazil and qualified institutional buyers in the United States, as well as institutional investors outside these regions. The offering, which includes an initial issuance of 187,500,000 shares at a fixed price of R$5.00 per share, may be increased by up to 53.33% to meet excess demand. The shares are expected to begin trading on the São Paulo Stock Exchange shortly after the allocation procedure is completed. This move is part of Cosan’s strategy to strengthen its market position and expand its capital base.

The most recent analyst rating on (CSAN) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Cosan stock, see the CSAN Stock Forecast page.

Spark’s Take on CSAN Stock

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

Cosan’s overall stock score reflects solid revenue growth and cash flow generation, but is tempered by high leverage and profitability challenges. Technical indicators suggest bearish momentum, and valuation concerns arise from a negative P/E ratio. The earnings call highlighted both growth in certain segments and ongoing challenges, contributing to a cautious outlook.

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

More about Cosan

Cosan S.A. operates in the energy and logistics sectors, primarily focusing on the production and distribution of renewable energy, sugar, ethanol, and fuel distribution. The company is based in São Paulo, Brazil, and is publicly traded on the B3 and NYSE stock exchanges.

Average Trading Volume: 1,841,750

Technical Sentiment Signal: Sell

Current Market Cap: $2.12B

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