Erste Group Bank Issues Positive Estimate for BUD Earnings

Anheuser-Busch InBev SA/NV (NYSE:BUD) – Investment analysts at Erste Group Bank lifted their FY2026 earnings estimates for Anheuser-Busch InBev SA/NV in a report released on Friday, September 18th. Erste Group Bank analyst S. Lingnau now expects that the consumer goods maker will post earnings per share of $4.51 for the year, up from their previous forecast of $4.45. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $4.38 per share. Erste Group Bank also issued estimates for Anheuser-Busch InBev SA/NV’s FY2027 earnings at $4.93 EPS.

A number of other analysts have also issued reports on the company. Wells Fargo & Company increased their target price on Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Wednesday, September 16th. TD Cowen increased their price objective on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $91.08.

Anheuser-Busch InBev SA/NV Trading Down 1.5%

Anheuser-Busch InBev SA/NV stock opened at $77.05 on Tuesday. Anheuser-Busch InBev SA/NV has a 52 week low of $58.44 and a 52 week high of $86.60. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. The firm has a market capitalization of $155.59 billion, a price-to-earnings ratio of 16.33, a P/E/G ratio of 1.12 and a beta of 0.59. The company has a 50 day moving average price of $80.44 and a 200 day moving average price of $78.39.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.12. The business had revenue of $16.66 billion for the quarter, compared to analyst estimates of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.98 earnings per share.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Several institutional investors and hedge funds have recently modified their holdings of the stock. Fisher Asset Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after purchasing an additional 368,721 shares during the last quarter. Wellington Management Group LLP increased its position in Anheuser-Busch InBev SA/NV by 10,464.1% in the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock worth $262,876,000 after purchasing an additional 3,160,049 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock worth $256,792,000 after purchasing an additional 42,009 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 64.7% during the 1st quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker’s stock valued at $56,250,000 after buying an additional 318,600 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 7,474.5% during the 2nd quarter. NewEdge Advisors LLC now owns 522,643 shares of the consumer goods maker’s stock valued at $43,066,000 after buying an additional 515,743 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Anheuser-Busch InBev SA/NV

Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:

• Positive Sentiment: Analyst support strengthened: RBC and Jefferies issued Buy ratings on Anheuser-Busch InBev, while Deutsche Bank maintained its Buy rating. The endorsements signal confidence in the brewer’s valuation and earnings outlook. RBC Buy rating Jefferies Buy rating Deutsche Bank Buy rating
• Positive Sentiment: Investment in U.S. production: Anheuser-Busch plans to invest $23 million in a Colorado brewery, supporting local production capacity and potentially improving brand and operating efficiency over time. Colorado brewery investment
• Neutral Sentiment: Investor Day materials released: The company published its Analyst/Investor Day transcript and presentation, giving investors additional detail on management’s strategy, priorities and outlook. Investor Day transcript Investor Day slideshow
• Neutral Sentiment: Portfolio adapting to health and affordability trends: AB InBev intends to offer smaller packs, beverages with added protein or electrolytes, and more products beyond traditional beer. These initiatives could broaden its consumer base, although they require successful execution and may involve additional marketing and development costs. Reuters article on shifting drink preferences
• Positive Sentiment: Upward earnings revisions: Erste Group raised its FY2026 EPS forecast to $4.51 from $4.45 and its FY2027 forecast to $4.93 from $4.92, modestly above the cited current-year consensus of $4.38.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewing and beverage company headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a broad portfolio of international, regional and local brands.

Its leading brands include Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck’s, Hoegaarden and Leffe. AB InBev also offers a range of craft, premium, flavored and alcohol-free beverages, serving consumers through retail, hospitality and e-commerce channels.

The company was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together Anheuser-Busch’s U.S.