Suzano S.A. SUZ
Follow Suzano S.A. free
Follow free
Email when the signal or risk changes · Sunday weekly brief
No card · No time limit on free tier · Upgrade when you need more
Updated: 13 Sep 2026
Base analysis: 13 Aug 2026
The news check keeps the assessment current.
General analysis — not personal advice.
HOLD
Partly clear
Existing position can be maintained pending clearer momentum from the next report.
Stable operational position and cost leadership are balanced by high leverage and cyclical pricing.
Market sentiment
Neutral →
Trend: Stable
Market is neutral with focus on pulp prices and debt levels after the Arbex deal.
Risk assessment
Medium
Dilution:
Low
Strong cash flow generation and buyback program
Jurisdiction:
Medium
Brazil with established mining and forestry sector
Execution:
Low
Proven management and successful Cerrado delivery
HOLD is the call. Neutral is the market mood. Medium risk means some things can go wrong.
About the company
Suzano is the world's largest producer of eucalyptus market pulp with vertically integrated operations from own plantations to finished products. The company exports to over 80 countries and recently expanded via a tissue acquisition.
Sector:
Eucalyptus pulp and paper
Type:
Industrial
Next report (Q3)
5 Nov 2026
Catalysts
5 Nov 2026
Q3 report
High
Bull case
Stable volume growth and lower production costs from the Cerrado project support margins.
Bear case
High leverage and weak pulp prices limit near-term profitability.
Sensitivity analysis
| Factor | If it weakens | If it strengthens |
|---|---|---|
| Pulp price | Lower pulp prices reduce EBITDA and slow debt reduction. | Higher pulp prices improve margins and accelerate deleveraging. |
| BRL/USD exchange rate | Weaker real raises interest costs on dollar debt and pressures net income. | Stronger real lowers interest costs and improves reported earnings. |
Why this signal
Stable operational position and cost leadership are balanced by high leverage and cyclical pricing.
Recent news
- BofA upgraded the stock to Buy with a $13 target. Suzano raised pulp prices in Asia for the first time since April. The share price has risen from around $7.99 to about $9.4 since the Q2 report.
Key figures
Revenue
Q2 2026
RL 11.6B
Revenue TTM
TTM
RL 50.3B
EBITDA
Q2 2026
RL 4.7B
Net income
Q2 2026
RL 1.8B
Cash
Q1 2026
RL 32.5B
Total debt
As reported
USD 12.8B
Shares outstanding
August 2026
RAW 1.3B
EPS
Q2 2026
RL 1.43
Exchange
NYSE
Type
Industrials
Sector
Eucalyptus pulp and paper
Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.