tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SABESP Reports Milestones One Year Post-Privatization

Story Highlights
  • SABESP operates in the basic sanitation industry, focusing on universal access to water and sewage services.
  • Following privatization, SABESP achieved significant milestones, investing R$ 10.6 billion and creating thousands of jobs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SABESP Reports Milestones One Year Post-Privatization

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Companhia De Saneamento ( (SBS) ) has shared an update.

SABESP announced significant achievements following its privatization, highlighting financial and operational milestones over the past year ending June 30, 2025. The company reported a backlog of R$ 35 billion across 542 projects, with R$ 10.6 billion invested since privatization, and a notable increase in job creation. The progress underlines SABESP’s commitment to universalizing basic sanitation by 2029, with substantial improvements in water and sewage services reaching millions of people.

The most recent analyst rating on (SBS) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on Companhia De Saneamento stock, see the SBS Stock Forecast page.

Spark’s Take on SBS Stock

According to Spark, TipRanks’ AI Analyst, SBS is a Outperform.

The overall stock score of 74 reflects strong financial performance and attractive valuation metrics. However, the technical analysis indicates short-term bearish trends and weak market momentum, which slightly offsets the positive financial and valuation aspects. Without current earnings call data or notable corporate events, the score is primarily driven by these factors.

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

More about Companhia De Saneamento

Companhia de Saneamento Básico do Estado de São Paulo (SABESP) operates in the basic sanitation industry, providing essential water and sewage services. The company is focused on universalizing access to these services within its concession area, aiming to ensure that the entire population has access to clean water and proper sewage systems.

Average Trading Volume: 1,052,084

Technical Sentiment Signal: Buy

Current Market Cap: $13.52B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1