SABESP Reports Strong Asset Growth in Q3 2025

Tip Ranks
2025.11.12 12:08
portai
I'm PortAI, I can summarize articles.

SABESP reported strong asset growth in Q3 2025, with total assets increasing to 95.98 billion reais from 80.98 billion reais at the end of 2024. The company posted a net income of 2.16 billion reais, despite a decrease from the previous year. Analysts rate SBS stock as a Buy with a $26.00 price target, highlighting its robust revenue growth and profitability. However, technical indicators suggest potential bearish momentum. SABESP operates in the sanitation industry in São Paulo, Brazil, with a current market cap of $17.76 billion.