Analyst Consensus ?
ConsensusBuy4 ratings
Bullish4100.0%
Neutral00.0%
Bearish00.0%
Jbs N.V. · JBS · FY2025 Q4 · Calendar Q2 2026
JBS posts record revenue while expanding beyond the US beef cycle
The supplied analysis supports a constructive operating thesis based on resilient multi-protein demand, geographic diversification, value-added products, and planned capacity expansion. The main counterweights are US cattle-cycle volatility, input costs, working-capital demands, and execution risk on the larger capex program.
Reported After market closeNYSEConsumer Defensive
$25.66B market cap
90quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.20
Consensus $0.20
EPS surprise
-2.2%
Reported versus consensus
Reported revenue
$21.61B
Consensus $21.66B
Revenue surprise
-0.2%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-3.8%
Event window
SPY move
+0.6%
Same window
Abnormal move
-4.4%
Stock minus SPY
Volume
2.6×
Versus trailing sessions
Subsequent drift
-17.0%
Up to 20 sessions
JBSSPY benchmark
Ask FN2 about JBS FY2025 Q4
Transcript, numbers and history already loaded
Why did JBS fall 3.8% after missing EPS estimates in FY2025 Q4?What changed in JBS's guidance and outlook in FY2025 Q4?Give me the bull and bear case for JBS after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
JBS is increasing its expansion focus: management outlined $1.4 billion of 2026 capex, a new table-egg business, higher Seara and Tasmania capacity, and continued investment in value-added brands. Guidance sentiment was maintained, while the supplied analysis flags ongoing US beef-cycle and cost risks.
Guidance delta
Management's guidance sentiment was maintained; no quantified guidance change was supplied.
Key takeaways
- Management reported record 2025 revenue and a 7.9% full-year EBITDA margin despite a challenging US beef cycle.
- The company emphasized geographic diversification, value-added brands, and a strong balance sheet as supports for the business.
- JBS plans $1.4 billion of 2026 capital expenditure, including expansion projects and new egg facilities.
Management priorities
- Execute the 2026 capex program across Pilgrim's, Paraguay, Oman, and Texas.
- Scale Seara capacity and expand salmon production in Tasmania.
- Build the US and Brazil egg businesses and grow value-added brands.
- Maintain dividend payouts and evaluate share repurchases based on cash flow.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$11.6Current
$17Low
$18.33Average
$20High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 28, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Buy | Buy | Maintain | Aug 24, 2026 |
| Stephens & Co. | Overweight | Overweight | Maintain | Aug 17, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Aug 12, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jul 16, 2026 |
Named analyst price targets
Upside is calculated against the persisted current price $11.6. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| UBS | Analyst unavailable | $17.5 | $13.82 | +50.9% | Aug 24, 2026 |
| Stephens | Poorah Sharma | $17 | $13.65 | +46.6% | Aug 17, 2026 |
| Barclays | Analyst unavailable | $20 | $12.1 | +72.4% | Jul 16, 2026 |
| UBS | Analyst unavailable | $17 | $12.52 | +46.6% | May 19, 2026 |
| Barclays | Analyst unavailable | $23 | $17.03 | +98.3% | Mar 27, 2026 |
| UBS | Analyst unavailable | $19.5 | $15.73 | +68.1% | Feb 5, 2026 |
| Banco Santander | Guilherme Palhares | $17 | $14.03 | +46.6% | Dec 11, 2025 |
| Goldman Sachs | Analyst unavailable | $18.5 | $14.53 | +59.5% | Nov 26, 2025 |
| Mizuho Securities | Analyst unavailable | $20 | $13.16 | +72.4% | Oct 28, 2025 |
Track every rating change on JBS the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationJBS NV is a food company that engages in the sale of beef, pork, lamb meat and poultry products. It offers its products to supermarkets, club stores, other retail distributors, and foodservice companies. The company was founded on October 9, 2019 and is headquartered in Amstelveen, the Netherlands.
Historical context
All JBS earningsConsumer Defensive peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| GIS General Mills, Inc. | FY2027 Q1 · Calendar Q3 2026 | +4.6% | +1.0% | General Mills leans on mix, innovation and e-commerce amid pressure |
| KR The Kroger Co. | FY2026 Q2 · Calendar Q3 2026 | +2.8% | +2.7% | Kroger: Strong digital growth offsets softer sales outlook |
| CPB Campbell Soup Company | FY2026 Q4 · Calendar Q3 2026 | +1.1% | -7.0% | Campbell’s leans on savings and innovation amid pressured demand |
| BF-A Brown-Forman Corporation | FY2027 Q1 · Calendar Q3 2026 | +3.0% | — | Brown-Forman holds FY27 outlook as RTD innovation offsets barrel pressure |
| BF-B Brown-Forman Corporation | FY2027 Q1 · Calendar Q3 2026 | 0.0% | — | Brown-Forman maintains FY27 outlook as innovation offsets pressure |
| DG Dollar General Corporation | FY2027 Q2 · Calendar Q3 2026 | +23.4% | +2.5% | Dollar General Raises FY2026 Outlook After Strong Q2 |
Latest beats and misses
Who reports nextBeat on EPS
- SNXFY2026 Q3 · September 24, 2026+20.9% EPS-9.9% move
- DRIFY2027 Q1 · September 24, 20260.0% EPS-3.0% move
- CTASFY2027 Q1 · September 23, 2026+3.0% EPS-3.4% move
- PAYXFY2027 Q1 · September 23, 2026+1.5% EPS-8.8% move
- GISFY2027 Q1 · September 23, 2026+4.6% EPS+1.0% move
- AZOFY2026 Q4 · September 22, 2026+3.6% EPS+3.3% move
Get the JBS recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-13T04:18:24.985996+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-09-28T18:50:57.407309+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-28T18:50:57.404397+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-28. For educational purposes only; not investment advice.