Zacks Research Has Positive Opinion of BUD FY2026 Earnings

Anheuser-Busch InBev SA/NV (NYSE:BUD) – Research analysts at Zacks Research increased their FY2026 earnings per share estimates for shares of Anheuser-Busch InBev SA/NV in a report issued on Thursday, November 12th. Zacks Research analyst Team now forecasts that the consumer goods maker will earn $4.47 per share for the year, up from their prior forecast of $4.43. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $4.39 per share. Zacks Research also issued estimates for Anheuser-Busch InBev SA/NV’s Q4 2026 earnings at $1.08 EPS, Q1 2027 earnings at $1.07 EPS, Q2 2027 earnings at $1.28 EPS, Q3 2027 earnings at $1.27 EPS, Q4 2027 earnings at $1.22 EPS, FY2027 earnings at $4.84 EPS, Q1 2028 earnings at $1.18 EPS, Q2 2028 earnings at $1.46 EPS, Q3 2028 earnings at $1.33 EPS and FY2028 earnings at $5.31 EPS.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 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 firm had revenue of $16.51 billion during the quarter, compared to analysts’ expectations of $15.91 billion. Anheuser-Busch InBev SA/NV had a net margin of 15.42% and a return on equity of 17.28%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.99 earnings per share.

BUD has been the subject of several other research reports. Weiss Ratings upgraded shares of Anheuser-Busch InBev SA/NV from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 30th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Wells Fargo & Company reduced their target price on shares of Anheuser-Busch InBev SA/NV from $97.00 to $88.00 and set an “overweight” rating for the company in a research note on Monday, October 5th. TD Cowen dropped their price target on Anheuser-Busch InBev SA/NV from $89.00 to $85.00 and set a “hold” rating on the stock in a research note on Tuesday, October 13th. Finally, Barclays reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 29th. Twelve research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $87.83.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $83.98 on Friday. 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 stock has a market cap of $169.58 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 1.27 and a beta of 0.53. The business has a 50 day simple moving average of $79.78 and a 200 day simple moving average of $78.43. Anheuser-Busch InBev SA/NV has a 52-week low of $59.90 and a 52-week high of $86.60.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BUD. Fisher Asset Management LLC increased its holdings in Anheuser-Busch InBev SA/NV by 1.9% in the 3rd quarter. Fisher Asset Management LLC now owns 12,688,001 shares of the consumer goods maker’s stock valued at $932,187,000 after buying an additional 235,560 shares during the period. Wellington Management Group LLP boosted its position in shares of Anheuser-Busch InBev SA/NV by 10,464.1% during 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 acquiring an additional 3,160,049 shares in the last quarter. Renaissance Technologies LLC boosted its position 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 worth $56,250,000 after acquiring an additional 318,600 shares in the last quarter. NewEdge Advisors LLC boosted its position 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 worth $43,066,000 after acquiring an additional 515,743 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in Anheuser-Busch InBev SA/NV by 5.1% in the first quarter. First Trust Advisors LP now owns 601,440 shares of the consumer goods maker’s stock valued at $41,722,000 after acquiring an additional 29,124 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Friday, November 20th will be issued a dividend of $0.4458 per share. This represents a dividend yield of 104.0%. The ex-dividend date of this dividend is Friday, November 20th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 28.20%.

Recent Anheuser-Busch InBev SA/NV Headlines

Here are a few of the latest headlines about BUD:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $4.47 from $4.43, above the cited $4.39 consensus. It also made modest increases to several quarterly estimates, including Q2 and Q3 2027 and Q1 and Q3 2028. Read More.
• Negative Sentiment: The research firm trimmed its FY2027 estimate to $4.84 from $4.88 and FY2028 to $5.31 from $5.32. It also lowered estimates for Q4 2026, Q1 and Q4 2027, and Q2 2028—the latter falling to $1.46 from $1.59. These reductions point to some near- and longer-term earnings pressure. Read More.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewing company headquartered in Leuven, Belgium. It brews, markets and distributes beer and other beverages through a portfolio of international and local brands, including Budweiser, Bud Light, Stella Artois, Corona, Michelob Ultra and Beck’s. The company sells its products across markets worldwide, with operations spanning multiple regions, including North America, Latin America, Europe, Africa and Asia. Its business also includes non-alcoholic beer and other beverage offerings, alongside brewing and distribution services.