Positivo Tecnologia (POSI3) raised its 2026 gross revenue guidance to a range between R$ 4.4 bn and R$ 4.5 bn. The previous estimate, released on March 19, 2026, was R$ 4.0 bn to R$ 4.2 bn. The revision is based on the performance of the first nine months of the year and on the outlook for the fourth quarter.
Positivo reached consolidated gross revenue of R$ 3.2 bn in the first nine months of 2026. Among the factors behind the revision are the backlog (order book) from public institutions for the second half, with deliveries concentrated in the fourth quarter, and the growth of the IT Infrastructure, Services and Solutions (ISS) segment, notably servers and corporate PCs. The company also cites the growth of the Payment Solutions segment and the early build-up of inventories of critical components in the first half, to meet the demand projected for the second half.
The company points to risks to meeting the new guidance. Among them are cost pressure from memory (DRAM and NAND) and SSDs, with possible difficulty in fully passing costs through to prices, and delays in deliveries to the public sector due to logistical challenges at the end of the year, which could push part of the revenue into the following fiscal year.
Also cited as risks are supply constraints on critical inputs, such as GPUs (graphics processing units) for high-performance servers, and delays in receiving components not in stock, due to restrictions on international maritime transport caused by geopolitical conflicts and by drought in the Amazon waterways. Positivo says it will keep the market informed of any material changes.
Is POSI3 worth investing in?
- Price
- R$ 3.15
- as of 11/10/2026
- Dividend yield
- 5.70 %
- P/L
- 35.83
- P/VPA
- 0.29
