Shares of Companhia de Saneamento Básico do Estado de São Paulo (SABESP; SBSP3.SA) reached a new 52-week low during trading on Tuesday, November 3, 2026. The stock fell to R$23.17 before recovering slightly.
The decline comes amid continued investor apprehension ahead of the company’s third-quarter earnings report, expected on November 5, 2026. The market may be anticipating weaker-than-expected results or expressing broader concerns about the company’s prospects. The new low could draw technical traders and increase volatility before the earnings announcement.