FOMENTO ECONOMICO MEX-SP ADR (FMX) Forecast, Price Target & Analyst Ratings

NYSE:FMX • US3444191064

107.33 USD
-1.66 (-1.52%)
At close: Mar 12, 2026
107.33 USD
0 (0%)
After Hours: 3/12/2026, 8:04:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FOMENTO ECONOMICO MEX-SP ADR (FMX).

Forecast Snapshot

Consensus Price Target

Price Target
$109.99
+ 2.48% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateApr 27, 2026
PeriodQ1 / 2026
EPS EstimateMX$72.22
Revenue Estimate209.802B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$109.99
Upside
+ 2.48%
From current price of $107.33 to mean target of $109.99, Based on 20 analyst forecasts
Low
$106.87
Median
$109.93
High
$118.37

Price Target Revisions

1 Month
0.00%
3 Months
3.88%

Price Target Summary

20 Wall Street analysts provided a forecast for the next 12 months for FMX. The average price target is 109.99 USD. This implies a price increase of 2.48% is expected in the next year compared to the current price of 107.33.
The average price target has been revised upward by 3.88% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

FMX Current Analyst RatingFMX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

FMX Historical Analyst RatingsFMX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
81.00%
FMX was analyzed by 20 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about FMX.
In the previous month the buy percentage consensus was at a similar level.
FMX was analyzed by 20 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-03BarclaysMaintains Equal-Weight -> Equal-Weight
2026-02-11Goldman SachsMaintains Buy -> Buy
2026-02-10BarclaysMaintains Equal-Weight -> Equal-Weight
2025-11-03BarclaysMaintains Equal-Weight -> Equal-Weight
2025-10-20JP MorganMaintains Neutral -> Neutral
2025-09-19UBSUpgrade Neutral -> Buy
2025-09-15JP MorganMaintains Neutral -> Neutral
2025-09-09CitigroupUpgrade Neutral -> Buy
2025-08-19Morgan StanleyDowngrade Overweight -> Equal-Weight
2025-07-31BarclaysMaintains Equal-Weight -> Equal-Weight
2025-07-10UBSMaintains Neutral -> Neutral
2025-05-15UBSMaintains Neutral -> Neutral
2025-05-12BarclaysMaintains Equal-Weight -> Equal-Weight
2025-04-07Itau BBAUpgrade Market Perform -> Outperform
2025-03-14UBSMaintains Neutral -> Neutral
2025-03-04BarclaysMaintains Equal-Weight -> Equal-Weight
2025-01-28Goldman SachsMaintains Buy -> Buy
2024-10-30BarclaysMaintains Overweight -> Overweight
2024-10-14BarclaysMaintains Overweight -> Overweight
2024-09-23JP MorganDowngrade Overweight -> Neutral
2024-07-15BarclaysMaintains Overweight -> Overweight
2024-02-09HSBCUpgrade Hold -> Buy
2024-01-12UBSDowngrade Buy -> Neutral
2023-12-07CitigroupInitiate Neutral
2023-11-07Itau BBADowngrade Outperform -> Market Perform

Next Earnings Forecast Details

Next Earnings Details

Release DateApr 27, 2026
PeriodQ1 / 2026
EPS EstimateMX$72.22
Revenue Estimate209.802B
Revenue Q2Q7.14%
EPS Q2Q-42.46%
Number of Analysts6

Next Earnings Revisions

Revenue (1 Month)
-0.29%
Revenue (3 Months)
-1.62%
EPS (1 Month)
-7.28%
EPS (3 Months)
-9.01%

Next Earnings Summary

FMX is expected to report earnings on 4/27/2026. The consensus EPS estimate for the next earnings is 72.22 USD and the consensus revenue estimate is 209.80B USD.
The next earnings revenue estimate has been revised downward by 1.62% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
FMX revenue by date.FMX revenue by date.
702.692B
17.70%
781.585B
11.23%
840.954B
7.60%
927.114B
10.25%
1.004T
8.35%
1.084T
7.89%
1.192T
10.01%
1.102T
-7.53%
1.172T
6.31%
1.244T
6.17%
1.32T
6.11%
EBITDA
YoY % growth
FMX ebitda by date.FMX ebitda by date.
90.08B
-4.16%
108.263B
20.19%
114.552B
5.81%
135.741B
18.50%
149.048B
9.80%
162.294B
8.89%
171.023B
5.38%
145.833B
-14.73%
152.263B
4.41%
162.08B
6.45%
172.325B
6.32%
EBIT
YoY % growth
FMX ebit by date.FMX ebit by date.
56.063B
-11.67%
68.953B
22.99%
70.111B
1.68%
84.467B
20.48%
93.247B
10.39%
100.687B
7.98%
112.894B
12.12%
98.99B
-12.32%
106.41B
7.50%
113.594B
6.75%
121.196B
6.69%
Operating Margin
FMX operating margin by date.FMX operating margin by date.
7.98%8.82%8.34%9.11%9.28%9.29%9.47%8.98%9.08%9.13%9.18%
EPS
YoY % growth
FMX eps by date.FMX eps by date.
367.49
6.04%
584.88
59.15%
414.18
-29.18%
476.08
14.94%
538.11
13.03%
602.42
11.95%
N/A35.0238.20
9.06%
41.37
8.31%
N/A

All data in MXN

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28
EPS
Q2Q % growth
72.22
-42.46%
106.18
31.36%
117.73
39.58%
169.35
37.12%
101.87
41.05%
126.17
18.83%
145.31
23.43%
193.40
14.20%
111.18
9.14%
138.58
9.84%
159.27
9.61%
Revenue
Q2Q % growth
209.802B
7.14%
229.886B
8.76%
235.526B
9.73%
242.398B
10.14%
N/AN/AN/AN/AN/AN/AN/A
EBITDA
Q2Q % growth
27.335B
16.10%
32.943B
-16.37%
35.006B
-30.84%
40.812B
-39.04%
30.55B
11.76%
36.071B
9.50%
39.477B
12.77%
43.42B
6.39%
33.057B
8.21%
38.919B
7.90%
42.509B
7.68%
EBIT
Q2Q % growth
14.38B
13.62%
19.602B
11.61%
20.301B
15.40%
26.977B
19.85%
N/AN/AN/AN/AN/AN/AN/A

All data in MXN

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FMX Yearly Revenue VS EstimatesFMX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 200B 400B 600B 800B 1T
FMX Yearly EPS VS EstimatesFMX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2030 2031 2032 0 200 400 600 800

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
13.30%
EPS Next 5 Year
-38.99%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
8.09%
Revenue Next 5 Year
5.14%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
28.60%
EBIT Next 5 Year
13.83%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

FOMENTO ECONOMICO MEX-SP ADR / FMX Forecast FAQ

What is the price target for FMX stock?

20 analysts have analysed FMX and the average price target is 109.99 USD. This implies a price increase of 2.48% is expected in the next year compared to the current price of 107.33.


When does FOMENTO ECONOMICO MEX-SP ADR (FMX) report earnings?

FOMENTO ECONOMICO MEX-SP ADR (FMX) will report earnings on 2026-04-27.


What are the consensus estimates for FMX stock next earnings?

The consensus EPS estimate for the next earnings of FOMENTO ECONOMICO MEX-SP ADR (FMX) is 72.22 USD and the consensus revenue estimate is 209.80B USD.


What is the number of analysts for FMX stock?

The number of analysts covering FOMENTO ECONOMICO MEX-SP ADR (FMX) is 20.