NYSE:BUD • US03524A1088
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ANHEUSER-BUSCH INBEV-SPN ADR (BUD).
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-02-13 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-02-13 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2026-02-09 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2025-11-19 | Wells Fargo | Initiate | Overweight |
| 2025-05-12 | Goldman Sachs | Upgrade | Neutral -> Buy |
| 2025-01-08 | TD Cowen | Maintains | Hold -> Hold |
| 2024-10-08 | TD Cowen | Downgrade | Buy -> Hold |
| 2024-10-01 | Citigroup | Upgrade | Neutral -> Buy |
| 2024-09-10 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2024-07-02 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2024-03-05 | TD Cowen | Maintains | Outperform -> Outperform |
| 2024-01-12 | Exane BNP Paribas | Downgrade | Outperform -> Neutral |
| 2024-01-10 | Jefferies | Upgrade | Hold -> Buy |
| 2023-11-29 | JP Morgan | Maintains | Overweight -> Overweight |
| 2023-09-29 | B of A Securities | Upgrade | Neutral -> Buy |
| 2023-07-20 | Morgan Stanley | Upgrade | Equal-Weight -> Overweight |
| 2023-06-22 | Deutsche Bank | Upgrade | Hold -> Buy |
| 2023-06-08 | Evercore ISI Group | Maintains | Outperform |
| 2021-11-19 | Redburn Partners | Upgrade | Neutral -> Buy |
| 2021-09-30 | Argus Research | Downgrade | Buy -> Hold |
| 2021-09-02 | JP Morgan | Downgrade | Neutral -> Underweight |
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 59.38B 2.76% | 59.768B 0.65% | 59.32B -0.75% | 64.171B 8.18% | 66.609B 3.80% | 69.059B 3.68% | 72.319B 4.72% | 76.13B 5.27% | 73.763B -3.11% | 75.859B 2.84% | |
| EBITDA YoY % growth | 19.884B 1.64% | 20.918B 5.20% | 21.411B 2.36% | 23.299B 8.82% | 24.571B 5.46% | 25.64B 4.35% | 26.651B 3.94% | 28.463B 6.80% | N/A | N/A | |
| EBIT YoY % growth | 14.473B -0.08% | 15.374B 6.23% | 15.759B 2.50% | 17.718B 12.43% | 18.88B 6.56% | 19.723B 4.47% | 21B 6.47% | 22.755B 8.36% | N/A | N/A | |
| Operating Margin | 24.37% | 25.72% | 26.57% | 27.61% | 28.34% | 28.56% | 29.04% | 29.89% | N/A | N/A | |
| EPS YoY % growth | 3.31 -3.17% | 3.81 15.08% | 4.05 6.27% | 4.70 16.01% | 5.28 12.38% | 5.86 10.94% | 6.66 13.64% | 7.56 13.51% | N/A | N/A |
All data in USD
| Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|
| EPS Q2Q % growth | 1.03 17.58% | 1.21 13.75% | 1.28 19.21% | 1.29 25.08% |
| Revenue Q2Q % growth | 15.028B 10.27% | 16.371B 9.11% | 16.284B 7.61% | 16.663B 7.12% |
| EBITDA Q2Q % growth | 5.483B 13.14% | 5.815B -11.81% | 6.214B 12.35% | 6.148B -36.63% |
| EBIT Q2Q % growth | 4.091B 14.05% | 4.414B 9.99% | 4.732B 12.53% | 4.636B 14.47% |
All data in USD
33 analysts have analysed BUD and the average price target is 88.23 USD. This implies a price increase of 30.58% is expected in the next year compared to the current price of 67.57.
ANHEUSER-BUSCH INBEV-SPN ADR (BUD) will report earnings on 2026-05-05.
The consensus EPS estimate for the next earnings of ANHEUSER-BUSCH INBEV-SPN ADR (BUD) is 1.03 USD and the consensus revenue estimate is 15.03B USD.
The number of analysts covering ANHEUSER-BUSCH INBEV-SPN ADR (BUD) is 33.