I'm LongbridgeAI, I can summarize articles.CSN reported Q2 2026 net revenue of R$11.3 billion, up 6.6% QoQ, with adjusted EBITDA rising 4.8% to R$2.77 billion due to strong demand and steel prices. However, the company posted a net loss of R$773.1 million, driven by exchange-rate financial expenses that outweighed operating gains. Analysts maintain a 'Sell' rating with a $1.40 price target, citing weak financial performance, high leverage, and negative cash flow.
Companhia Siderúrgica Nacional ( (SID) ) has issued an announcement.
On August 12, 2026, CSN reported its second-quarter 2026 results, highlighting a 6.6% quarter-on-quarter and 5.7% year-on-year rise in net revenue to R$11.3 billion, driven by seasonally stronger demand, higher steel prices and increased sales volumes across all segments, despite higher raw-material costs. Gross profit and margins improved, adjusted EBITDA climbed 4.8% to R$2.77 billion with the cement business posting record performance and steel profitability returning to double digits, but the company still recorded a net loss of R$773.1 million as exchange-rate driven financial expenses outweighed operating gains, leaving first-half 2026 in a deeper loss than a year earlier and underscoring ongoing earnings sensitivity to currency and financing costs.
The most recent analyst rating on (SID) stock is a Sell
with a $1.40 price target.
To see the full list of analyst forecasts on Companhia Siderúrgica Nacional stock,
see the SID Stock Forecast page.
Spark’s Take on SID Stock
According to Spark, TipRanks’ AI Analyst, SID is a Neutral.
The score is primarily held down by weak financial performance: ongoing net losses, high leverage, and a deterioration to negative operating/free cash flow. Technicals add additional pressure with the stock trading below key moving averages and slightly negative MACD, while valuation support is limited because the negative P/E is not informative and no dividend yield is available.
To see Spark’s full report on SID stock,
click here.
More about Companhia Siderúrgica Nacional
Companhia Siderúrgica Nacional (CSN), or National Steel Company, is a Brazilian industrial group operating across steel, mining, cement, logistics and energy. The company produces flat and long steel products, iron ore and cement and leverages integrated logistics and energy assets to serve domestic and export markets, with its shares listed on B3 and the NYSE.
Average Trading Volume: 4,243,568
Technical Sentiment Signal: Sell
Current Market Cap: $1.09B
For a thorough assessment of SID stock, go to TipRanks’ Stock Analysis page.