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Brazil's Evolving Landscape Will Unlock Broad Market Opportunities

Published
20 Nov 24
Updated
18 Sep 25
AnalystConsensusTarget's Fair Value
US$23.50
32.7% undervalued intrinsic discount
18 Sep
US$15.81
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1Y
-9.9%
7D
-8.8%

Author's Valuation

US$23.532.7% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on18 Sep 25
Fair value Increased 1.98%

XP's valuation outlook has shifted as its future P/E multiple dropped sharply and revenue growth forecasts softened, yet the analyst price target was essentially unchanged at $23.50. What's in the News Board meeting held to consider and approve unaudited interim condensed consolidated financial statements as of June 30, 2025.

Shared on27 Aug 25
Fair value Increased 3.65%

Analysts have modestly raised XP's price target to $22.84 as bullish sentiment around improved fundamentals offsets bearish concerns over limited upside and competitive challenges. Analyst Commentary Bearish analysts cite concerns over limited upside to justify a downgrade and reduced price target.

Shared on01 May 25
Fair value Increased 19%

Shared on23 Apr 25
Fair value Decreased 0.64%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Increased 1.30%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Increased 4.58%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Decreased 3.07%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Increased 1.84%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Decreased 0.78%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on12 Mar 25
Fair value Decreased 18%

AnalystConsensusTarget has decreased future PE multiple from 13.0x to 11.7x and decreased shares outstanding growth rate from -0.0% to -0.0%.