Analysts project Ibovespa close to 200 thousand points next year

Market agents see room for strong appreciation given the scenario of lower interest rates in Brazil and the USA

Estadão Conteúdo

The Ibovespa, which surpassed 164 thousand points for the first time in history last Thursday (4), could approach 200 thousand points in 2026, according to analysts. For them, the index would move towards 300 thousand if there were an adjustment in the government's accounts.

According to analysts heard by Estadão/Broadcast, investors tend to buy shares in Brazil because there is a perception that some assets in the stock market offer appreciation opportunities. Part of this expectation is linked to the easing of monetary policy in the United States – initiated in September and which increases the search for higher risk and return assets – and the outlook that the cycle of cuts in the Selic rate should begin in early 2026, reducing the appeal of domestic fixed income.

300 thousand in 2027? With fiscal adjustment it is possible

At Monte Bravo, chief strategist Alexandre Mathias estimates that the Ibovespa will reach 180 thousand points by July. “The number for the end of the year [2026] is 225 thousand points, assuming that the victorious candidate in the election signals a fiscal adjustment,” he says, adding that the name of the winner at the polls is a secondary factor$BNB $BTC $XRP #BinanceHODLerMorpho