Embraer S.A. designs, develops, manufactures, and sells aircrafts and systems in Brazil, North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. It operates through Defense and Security; Executive Jets; Service & Support; and Other segments. The Defense and Security segment engages in the research, development, production, modification, and support for military defense and security aircraft, as well as offers a range of products and integrated solutions that include radars, special space systems (satellites), and information and communications systems, such as command, control, communications, computer, intelligence, surveillance, and reconnaissance systems. The Executive Jets segment develops, produces, and sells executive jets. It also leases Legacy 600 and Legacy 650 executive jets in the super midsize and large categories; Legacy 450 and Legacy 500 executive jets in the midlight and midsize categories; Phenom family executive jets in the entry jet and light jet categories; Lineage 1000, an ultra-large executive jet; and Praetor 500 and Praetor 600, disruptive executive jets in the midsize and super midsize categories. The Service & Support segment offers after-service solutions, support, and maintenance, repair, and overhaul services for commercial, executive, and defense aircraft; provides aircraft components and engines; and supplies steel and composite aviation structures to various aircraft manufacturers. The Other segment is involved in the supply of fuel systems, structural parts, and mechanical and hydraulic systems; and production of agricultural crop-spraying aircraft. The company was formerly known as Embraer-Empresa Brasileira de Aeronáutica S.A. and changed its name to Embraer S.A. in November 2010. Embraer S.A. was founded in 1969 and is headquartered in São Paulo, Brazil.
IPO Year: 2000
Exchange: NYSE
Website: embraer.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/19/2024 | $29.00 → $32.00 | Neutral → Sell | UBS |
9/4/2024 | $26.00 → $41.00 | Hold → Buy | TD Cowen |
3/26/2024 | $21.00 → $28.50 | Buy → Neutral | UBS |
2/6/2024 | $18.00 → $19.00 | Buy → Hold | HSBC Securities |
10/16/2023 | $16.00 | Neutral → Buy | Citigroup |
1/9/2023 | $14.00 | Buy | UBS |
10/11/2022 | $14.00 | Outperform | Wolfe Research |
1/20/2022 | $20.00 → $23.00 | Equal-Weight → Overweight | Morgan Stanley |
11/11/2021 | $16.00 → $24.00 | Neutral → Buy | UBS |
11/11/2021 | Neutral → Buy | UBS |
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
6-K - EMBRAER S.A. (0001355444) (Filer)
UBS downgraded Embraer SA from Neutral to Sell and set a new price target of $32.00 from $29.00 previously
TD Cowen upgraded Embraer SA from Hold to Buy and set a new price target of $41.00 from $26.00 previously
UBS downgraded Embraer SA from Buy to Neutral and set a new price target of $28.50 from $21.00 previously
HSBC Securities downgraded Embraer SA from Buy to Hold and set a new price target of $19.00 from $18.00 previously
Citigroup upgraded Embraer SA from Neutral to Buy and set a new price target of $16.00
UBS initiated coverage of Embraer SA with a rating of Buy and set a new price target of $14.00
Wolfe Research initiated coverage of Embraer SA with a rating of Outperform and set a new price target of $14.00
Morgan Stanley upgraded Embraer SA from Equal-Weight to Overweight and set a new price target of $23.00 from $20.00 previously
UBS upgraded Embraer SA from Neutral to Buy and set a new price target of $24.00 from $16.00 previously
UBS upgraded Embraer from Neutral to Buy
EMBRAER S.A.PUBLICLY HELD COMPANYCNPJ 07.689.002/0001-89NIRE 35.300.325.761 MATERIAL FACT SÃO JOSÉ DOS CAMPOS, Brazil, Dec. 12, 2024 /PRNewswire/ -- Embraer S.A. ("Company") (NYSE:ERJ, B3: EMBR3)) informs its shareholders and the market that its Board of Directors, in a meeting held on December 12, 2024, according to the minutes published on the CVM and Investor Relations websites, approved the execution by the Company, with Banco Itaú BBA S.A., of derivative agreements of "Equity Swap", referenced in the shares issued by the Company. Equity Swap agreements will observe the following limits and conditions: Equity Swap Settlement: cash settlement, within a maximum period of 12 months from De
SÃO PAULO, Nov. 8, 2024 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3)) RELEASES ITS THIRD QUARTER 2024 EARNINGS RESULTS. HIGHLIGHTS 2024 Guidance updated: Management believes prior guidance no longer represents evenly balanced opportunities and risks for full-year operations. From an operations point of view, we estimate Commercial Aviation deliveries between 70 and 73 aircraft (down from 72 and 80), and Executive Aviation deliveries between 125 and 135 (unchanged). From a finance point of view, we forecast Revenues in the US$6.0-6.4 billion range (unchanged), Adjusted EBIT margin between 9.0% and 10.0% (up from 6.5% and 7.5%), and Adjusted Free Cash Flow of US$300 million or higher (u
SÃO PAULO, Aug. 8, 2024 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3))) RELEASES ITS SECOND QUARTER 2024 EARNINGS RESULTS. HIGHLIGHTS Embraer delivered 47 jets in 2Q24 of which 27 were executive jets (20 light and 7 medium), 19 were commercial jets and 1 multi-mission C-390 Millennium in Defense – an increase of 88% compared to the 25 aircraft delivered in 1Q24.Firm order backlog of US$21.1 billion in 2Q24 – a 7-year high, up more than 20% annually. For more information please see our 2Q24 Backlog and Deliveries release.Revenues totaled US$1,494 million in the period or an increase of 67% compared to the previous quarter (qoq). Highlight for Commercial Aviation revenues with 176% growt
SÃO PAULO, May 7, 2024 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3))) releases its first Quarter 2024 Earnings Results. HIGHLIGHTS 2024 Guidance reiterated: Management believes current estimates are still valid and represent evenly balanced risks and opportunities for full year operations. Commercial Aviation deliveries between 72 and 80 aircraft, and Executive Aviation deliveries between 125 and 135. Total company revenues in the US$6.0-6.4 billion range, Adjusted EBIT margin between 6.5% and 7.5%, and Adjusted free cash flow of US$220 million or higher.Embraer delivered 25 jets in 1Q24 of which 18 were executive jets (11 light and 7 medium) and 7 were commercial jets – an increase o
SÃO PAULO, March 18, 2024 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3))) releases its FOURTH Quarter 2023 AND FISCAL YEAR 2023 Earnings Results. HIGHLIGHTS Embraer delivered 75 jets in 4Q23, of which 25 were commercial aircraft, 49 were executive jets (30 light and 19 medium) and 1 was a military C-390. In 2023, the company delivered a total of 181 jets, of which 64 were commercial aircraft, 115 were executive jets (74 light and 41 medium) and 2 were military C-390. Embraer's deliveries increased 13% year-on-year (yoy) when compared to the 160 jets in 2022. The company continues to face supply chain delays which have negatively impacted 2023 results.Firm order backlog ended 4Q23 at US
SÃO PAULO, Aug. 14, 2023 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3))) releases its SECOND Quarter 2023 Earnings Results. HIGHLIGHTS Embraer delivered 47 jets in the second quarter, of which 17 commercial aircraft and 30 executive jets (19 light and 11 mid-size). A strong increase of 47% in total deliveries compared to 2Q22. Revenues reached US$ 1,292 million in the quarter (27% higher than 2Q22 and 80% higher than 1Q23). In Commercial Aviation it represented a double-digit growth of 57% and in Executive Aviation 42% YoY.Adjusted EBIT of 7.7% compared to 8.0% in 2Q22 due to different revenue mix, in line with company expectation.Firm order backlog ended 2Q23 at US$ 17.3 billion stable
SÃO PAULO, May 4, 2023 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3))) releases its first Quarter 2023 Earnings Results. HIGHLIGHTS 1Q according to management expectations in line with Company plan. Embraer delivered 15 jets in the first quarter, of which 7 commercial aircraft and 8 executive jets (6 light and 2 mid-size).Firm order backlog ended 1Q23 at US$ 17.4 billion stable quarter over quarter, higher in Executive Jets and Services & Support.Revenues reached US$ 717 million in the quarter (19% higher than 1Q22), in line with Company forecast.Adjusted Free Cash Flow w/o EVE (FCF) in 1Q23, with cash consumption of US$ 399 million, due to seasonality and in preparation for higher deli
SÃO PAULO, Nov. 14, 2022 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3))) releases its Third Quarter 2022 Earnings Results. HIGHLIGHTS Embraer delivered 10 commercial jets and 23 executive jets (15 light / 8 mid/super-midsize jets) in 3Q22, bringing YTD deliveries to 27 commercial jets and 52 executive jets (33 light /19 mid/super-midsize jets). Although deliveries have been back ended to 4Q22 due to supply chain challenges in 2022, they are close to historical average for the quarter.Reported 3Q22 consolidated gross margin of 19.1% compared to 19.0% reported in 3Q21. As a reference, 9M22 consolidated gross margin of 20.9% higher than 16.0% reported in same period of 2021.Adjusted EBIT
SÃO PAULO, Aug. 4, 2022 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3))) releases its Second Quarter 2022 Earnings Results. HIGHLIGHTS Firm order backlog ended 2Q22 at US$ 17.8 billion (+US$0.5 billion versus 1Q22). This is the highest quarter backlog post pandemic, driven by solid order activity. Recent announcement of 20 E195-E2 firm order of Porter will be included in 3Q22 backlog.Reported 2Q22 consolidated gross margin of 22.9% higher than 18.2% reported in 2Q21, with y-o-y improvement in most segments due to product mix, pricing increase and overall operational performance, including tax efficiencies. Adjusted EBIT and EBITDA were US$ 81.2 million and US$ 124.6 million, respectivel
Eve Holding, Inc. to Trade on the New York Stock Exchange Under the Symbol "EVEX" MELBOURNE, Fla., May 9, 2022 /PRNewswire/ -- Eve Holding, Inc. (the "Company") (NYSE:EVEX, EVEXW))) , formerly known as Zanite Acquisition Corp. (NASDAQ:ZNTE, ZNTEU, ZNTEW))) ("Zanite"), announced today that it has closed the previously announced business combination (the "transaction") with Eve UAM, LLC ("Eve"), a leader in the development of next-generation Urban Air Mobility ("UAM") solutions and a subsidiary of Embraer S.A. ("Embraer") (NYSE:ERJ, B3: EMBR3))). The transaction was approved by Zanite's stockholders on May 6, 2022. With the transaction now complete, Zanite has changed its name to "Eve Holding,
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SÃO PAULO, Jan. 16, 2025 /PRNewswire/ -- Embraer (NYSE:ERJ), one of the global leaders in the aerospace industry, delivered 75 aircraft in 4Q24 – or 27% higher than in the previous quarter (3Q24), when 59 aircraft were delivered, and equal to the volume of the same period of 2023 (4Q23). For the full year, 206 aircraft were delivered in 2024 – a number 14% higher than the 181 recorded in 2023. With 31 deliveries in the last three months of the year, Commercial Aviation reached 73 new aircraft in 2024 (at the top of the revised 70-73 guidance range for the year, and inside the original 72-80 guidance). Meanwhile, Executive Aviation was responsible for another 44 jets in the quarter, and for
• Uruguay becomes the sixth nation to operate the A-29 in South America MONTEVIDEO, Uruguay, Jan. 14, 2025 /PRNewswire/ -- Embraer (NYSE:ERJ) today announced that the Uruguayan Air Force (FAU) and the Uruguayan Ministry of National Defense (MDN) have converted options for five A-29 Super Tucano aircraft into firm orders. The agreement is part of a commitment signed in August 2024, when the FAU has announced a firm order for one aircraft plus the options that have now been converted. The agreement also includes mission equipment, integrated logistics services and a flight simulator. The contract is part of a fleet renew program to expand FAU's operational capacity. "The relationship between
SÃO JOSÉ DOS CAMPOS, Brazil, Dec. 30, 2024 /PRNewswire/ -- Embraer ((B3: EMBR3, NYSE:ERJ) announced today a firm order for six light attack and advanced trainer A-29 Super Tucanos placed by an undisclosed customer. This order will be included in the 4Q24 backlog and deliveries are scheduled to take place in 2026. These aircraft will be equipped with enhanced capabilities to perform missions such as battlefield air interdiction, close air support, maritime patrol, maritime strike and other territorial defense operations. "We are thrilled to announce new sales of the A-29 Super Tucano, as we see this aircraft as the right fit for many nations around the world," said Bosco da Costa Junior, Pr
EMBRAER S.A.PUBLICLY HELD COMPANYCNPJ 07.689.002/0001-89NIRE 35.300.325.761 MATERIAL FACT SÃO JOSÉ DOS CAMPOS, Brazil, Dec. 12, 2024 /PRNewswire/ -- Embraer S.A. ("Company") (NYSE:ERJ, B3: EMBR3)) informs its shareholders and the market that its Board of Directors, in a meeting held on December 12, 2024, according to the minutes published on the CVM and Investor Relations websites, approved the execution by the Company, with Banco Itaú BBA S.A., of derivative agreements of "Equity Swap", referenced in the shares issued by the Company. Equity Swap agreements will observe the following limits and conditions: Equity Swap Settlement: cash settlement, within a maximum period of 12 months from De
EMBRAER S.A.Publicly Held CompanyCNPJ/MF: 07.689.002/0001-89NIRE: 353.003.257-67 SÃO JOSÉ DOS CAMPOS, Brazil, Nov. 8, 2024 /PRNewswire/ -- EMBRAER S.A. ((", Embraer", or ", Company", NYSE:ERJ, B3: EMBR3)), in attention to Resolution CVM nº 44/2021, informs its shareholders and the market in general that it has revised its guidance for 2024. Management believes that the prior guidance disclosed in the Material Fact published on March 18, 2024, no longer represents the best estimate considering the opportunities and risks for full year operations, which is why provides updated projections for 2024: 2024 GUIDANCE (1) PREVIOUS CURRENT Commercial Aviation deliveries 72 - 80 70 a 73 Executive Avi
SÃO PAULO, Nov. 8, 2024 /PRNewswire/ -- EMBRAER S.A. (NYSE:ERJ, B3: EMBR3)) RELEASES ITS THIRD QUARTER 2024 EARNINGS RESULTS. HIGHLIGHTS 2024 Guidance updated: Management believes prior guidance no longer represents evenly balanced opportunities and risks for full-year operations. From an operations point of view, we estimate Commercial Aviation deliveries between 70 and 73 aircraft (down from 72 and 80), and Executive Aviation deliveries between 125 and 135 (unchanged). From a finance point of view, we forecast Revenues in the US$6.0-6.4 billion range (unchanged), Adjusted EBIT margin between 9.0% and 10.0% (up from 6.5% and 7.5%), and Adjusted Free Cash Flow of US$300 million or higher (u
Viasat's multi-band, multi-orbit, multi-network terminals will be integrated into Embraer C-390 Millennium aircraft CARLSBAD, Calif., Oct. 31, 2024 /PRNewswire/ -- Viasat Inc. (NASDAQ:VSAT), a global leader in satellite communications (SATCOM), and Embraer (NYSE:ERJ, B3: EMBR3)), a global leader in the aerospace industry, today announced their collaboration to enable advanced hybrid satellite communications capabilities on the Embraer C-390 Millennium military aircraft. Viasat will deliver its Hybrid SATCOM Approach (HSA), based on the dual-band, global aero terminal, GAT-5530 (known as KuKarray), for integration on the new C-390 multi-mission aircraft. The application of advanced hybrid SAT
The Czech Republic becomes the fourth NATO member to acquire the C-390 Millennium. This acquisition will benefit both the Czech Air Force and the local aerospace industry.PRAGUE, Oct. 25, 2024 /PRNewswire/ -- Today, the Czech Ministry of Defense (MoD) signed a contract for the acquisition of two Embraer (NYSE:ERJ, B3: EMBR3))) C-390 Millennium multi-mission transport aircraft. These two NATO (North Atlantic Treaty Organization) standard aircraft will modernize and enhance the operational capabilities of the Czech Air Force. They will be able to perform a wide range of missions, such as tactical transport of troops, vehicles, and equipment, medical evacuation, firefighting, disaster managem
The company delivered 57 aircraft in 3Q24 versus 43 a year ago2 C-390 Millennium aircraft delivered during the quarter and 6-12 A-29 Super Tucanos orders First E2 aircraft delivered to LOT Polish Airlines US$ 22.7 billion company wide backlog, up more than 25% annually and at a 9-year high levelDefense & Security backlog soared almost 70%SÃO PAULO, Oct. 18, 2024 /PRNewswire/ -- Embraer (NYSE:ERJ, B3: EMBR3))), a global leader in the aerospace industry, delivered a total of 57 jets in 3Q24 – an increase of 33% compared to the same period last year (yoy) and 24% over to the previous quarter (qoq). Commercial aviation delivered 16 jets and Executive aviation delivered another 41 jets. Meanwhile
A two phased plan will start with operations in an existing hangar while construction of a new state of the art facility is underway. Fort Worth City Council approved incentives that will create approximately 250 new skilled aviation jobs in TexasFORT WORTH, Texas, Oct. 15, 2024 /PRNewswire/ -- Embraer ((B3: EMBR3, NYSE:ERJ) today announced the expansion and investment in the United States of its maintenance, repair and overhaul (MRO) services network to support the growing fleet of E-Jets with the opening of a new Embraer owned service center at the Perot Field Alliance Airport, in Fort Worth, Texas. In partnership with the City of Fort Worth, Denton County and the State of Texas, Embraer