Analyst 52W Price Targets
$9.3Current
$11Low
$12.2Average
$13.4High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 21, 2026. Not an FN2 forecast.
Suzano S.A. · SUZ · FY2026 Q2 · Calendar Q3 2026
Suzano maintains cost guidance as Arbex integration and deleveraging advance
Suzano’s Q2 2026 analysis supports a cautiously constructive operating thesis: demand and pricing improved in key pulp and paper markets, while Arbex integration may add efficiency gains. The main counterweights are elevated leverage, execution of the cash-cost target and exposure to input costs, weather, foreign exchange and Chinese market conditions.
Reported After market closeNYSEBasic Materials
$11.48B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.28
Consensus $0.26
EPS surprise
+6.5%
Reported versus consensus
Reported revenue
$2.23B
Consensus $2.26B
Revenue surprise
-1.2%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-0.4%
Event window
SPY move
+0.7%
Same window
Abnormal move
-1.1%
Stock minus SPY
Volume
1.8×
Versus trailing sessions
Subsequent drift
+17.1%
Up to 20 sessions
SUZSPY benchmark
Ask FN2 about SUZ FY2026 Q2
Transcript, numbers and history already loaded
Why did SUZ fall 0.4% after beating EPS estimates in FY2026 Q2?What changed in SUZ's guidance and outlook in FY2026 Q2?Give me the bull and bear case for SUZ after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The Arbex acquisition was fully closed on July 1, with governance and management in place. Management maintained BRL 800-per-ton cash-cost guidance, highlighted expected second-half reductions, and kept deleveraging central as leverage stood at 3.4x. Compared with the prior analysis, the K-C joint venture and Rio Verde closure were no longer the primary current-quarter focus; Arbex integration and asset sales became more prominent.
Guidance delta
Cash-cost guidance was maintained at BRL 800 per ton, with expected reductions in the second half; management’s leverage goal remains below 2.5x from 3.4x.
Key takeaways
- Management described strong free cash flow and operational resilience despite higher input costs.
- The Arbex acquisition closed on July 1, with efficiency gains expected from integration.
- Pulp prices and demand were described as strong in Europe and North America, while paper and coated-paper volumes and prices improved.
- Deleveraging remains a priority through free cash flow, efficiency gains and asset sales.
Management priorities
- Integrate Arbex and realize efficiency gains
- Reduce leverage through free cash flow, efficiency measures and land-plot sales
- Maintain hedging coverage and invest in logistics and forestry assets
- Focus on organic growth and operational execution rather than new M&A
Follow SUZ with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Named analyst price targets
Upside is calculated against the persisted current price $9.3. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Jefferies | Francisco Barbosa | $13.4 | $9.45 | +44.1% | Feb 5, 2026 |
| Bradesco | Thiago Lofiego | $11 | $9.71 | +18.3% | Aug 24, 2022 |
Track every rating change on SUZ the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationSuzano S.A. is a prominent global producer and seller of eucalyptus pulp and paper products, with operations extending internationally from its base in Brazil. Its core business is structured around distinct Pulp and Paper segments. The company's extensive product portfolio includes various types of paper, such as coated and uncoated printing and writing papers, paperboards, and tissue products. Additionally, Suzano supplies market and fluff pulps, along with lignin and its byproducts. Beyond these traditional offerings, Suzano maintains a diverse range of other ventures. These encompass the research, development, and production of biofuel, the operation of port terminals, and involvement in power generation and distribution.…
Basic Materials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| HMY Harmony Gold Mining Company Limited | FY2026 Q4 · Calendar Q3 2026 | 0.0% | -6.2% | Harmony Gold posts record FY2026 while Eva Copper risks remain |
Latest beats and misses
Who reports nextBeat on EPS
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
- KRFY2026 Q2 · September 11, 2026+2.8% EPS+2.7% move
- ADBEFY2026 Q3 · September 10, 2026+0.8% EPS+1.4% move
- ORCLFY2027 Q1 · September 10, 2026+10.3% EPS-1.7% move
- CASYFY2027 Q1 · September 8, 2026+8.7% EPS-14.2% move
Get the SUZ 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 · 2026-08-13T21:21:41.649085+00:00
- FN2 earnings calendar · 2026-09-17T01:23:13.296768+00:00
- Polygon adjusted daily market bars · 2026-09-21T15:00:53.494070+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-21T15:00:53.491783+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 . For educational purposes only; not investment advice.