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Baillie Gifford's investment thesis on Petrobras ($PBR) — Q2 2026 | Buyside Digest

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$PBRNASDAQPetrobras

BULL

Baillie Gifford—PBR

Fund Letter

Q2 2026

Published June 30, 2025

View Fund Profile

$18.57USD

-7.7% vs last month

$13.06Pitched

+42.2% since pitch

Market Cap$119.7B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

Petrobras experienced weak short-term cash conversion due to working capital pressures, pricing lags, and delayed government subsidy payments. However, its core...

— Tim Campbell

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Other investors who've written on Petrobras

Baillie Gifford -Emerging MarketsBULL

Pitched Jun 30, 2025

Petrobras suffered from lower oil prices, reduced revenues, and margin pressures in the first quarter, alongside investor concerns over dividends and debt. However, the manager...

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