Ambev (ABEV) Stock Forecast, Price Target & Predictions
ABEV Stock Forecast
Ambev stock forecast is as follows: an average price target of $2.10 (represents a -3.67% downside from ABEV’s last price of $2.18) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
ABEV Price Target
The average price target for Ambev (ABEV) is $2.10 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $2.10 to $2.10. This represents a potential -3.67% downside from ABEV's last price of $2.18.
ABEV Analyst Ratings
According to 3 Wall Street analysts, Ambev's rating consensus is 'Buy'. The analyst rating breakdown for ABEV stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 0 'Hold' (0.00%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
Ambev Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 11, 2024 | Thiago Bortoluci | Goldman Sachs | $2.10 | $2.14 | -1.87% | -3.67% |
The latest Ambev stock forecast, released on Jul 11, 2024 by Thiago Bortoluci from Goldman Sachs, set a price target of $2.10, which represents a -1.87% decrease from the stock price at the time of the forecast ($2.14), and a -3.67% decrease from ABEV last price ($2.18).
Ambev Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $2.10 |
| Last Closing Price | $2.18 | $2.18 | $2.18 |
| Upside/Downside | -100.00% | -100.00% | -3.67% |
In the current month, the average price target of Ambev stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ambev's last price of $2.18. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 11, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Jan 12, 2023 | UBS | - | Buy | Upgrade |
| Oct 06, 2021 | Barclays | - | Overweight | Upgrade |
Ambev's last stock rating was published by Goldman Sachs on Jul 11, 2024. The company gave ABEV a "Sell" rating, the same as its previous rate.
Ambev Financial Forecast
Ambev Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.53B | $22.69B | $20.59B | $17.99B | $18.44B | $22.01B | $18.49B | $15.71B | $16.64B | $18.56B | $15.60B | $11.62B | $12.60B | $15.86B | $11.96B |
| Avg Forecast | $23.00B | $21.85B | $18.93B | $19.93B | $21.46B | $19.30B | $17.87B | $18.75B | $21.57B | $21.49B | $19.79B | $20.06B | $21.96B | $21.05B | $19.60B | $20.42B | $24.81B | $20.95B | $17.34B | $17.65B | $21.76B | $16.95B | $14.50B | $15.68B | $18.03B | $13.82B | $10.18B | $12.05B | $15.68B | $12.59B |
| High Forecast | $23.45B | $22.28B | $19.31B | $20.32B | $21.88B | $19.67B | $18.21B | $19.35B | $21.99B | $21.74B | $19.79B | $20.06B | $22.40B | $21.09B | $19.99B | $20.82B | $25.29B | $20.95B | $17.34B | $17.65B | $21.76B | $16.95B | $14.50B | $15.68B | $18.03B | $13.82B | $10.18B | $12.05B | $15.68B | $12.59B |
| Low Forecast | $22.69B | $21.55B | $18.68B | $19.66B | $21.17B | $19.03B | $17.62B | $18.34B | $21.28B | $21.25B | $19.79B | $20.06B | $21.52B | $21.02B | $19.34B | $20.14B | $24.47B | $20.95B | $17.34B | $17.65B | $21.76B | $16.95B | $14.50B | $15.68B | $18.03B | $13.82B | $10.18B | $12.05B | $15.68B | $12.59B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.91% | 0.98% | 1.04% | 1.04% | 1.01% | 1.09% | 1.08% | 1.06% | 1.03% | 1.13% | 1.14% | 1.05% | 1.01% | 0.95% |
Ambev's average Quarter revenue forecast for Jun 23 based on 2 analysts is $19.60B, with a low forecast of $19.34B, and a high forecast of $19.99B. ABEV's average Quarter revenue forecast represents a -4.53% decrease compared to the company's last Quarter revenue of $20.53B (Mar 23).
Ambev EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.63B | $7.39B | $6.29B | $6.52B | $6.06B | $4.97B | $4.87B | $5.28B | $4.45B | $7.51B | $5.19B | $2.89B | $3.02B | $5.38B | $4.44B |
| Avg Forecast | $7.64B | $7.25B | $6.29B | $6.62B | $7.12B | $6.41B | $5.93B | $6.23B | $7.16B | $7.14B | $6.57B | $6.66B | $7.29B | $6.99B | $6.51B | $6.78B | $22.42B | $7.28B | $6.02B | $6.13B | $7.56B | $5.89B | $5.04B | $5.45B | $6.26B | $4.80B | $3.54B | $4.19B | $5.45B | $4.37B |
| High Forecast | $7.79B | $7.40B | $6.41B | $6.75B | $7.26B | $6.53B | $6.05B | $6.42B | $7.30B | $7.22B | $6.57B | $6.66B | $7.44B | $7.00B | $6.64B | $6.91B | $26.91B | $7.28B | $6.02B | $6.13B | $7.56B | $5.89B | $5.04B | $5.45B | $6.26B | $4.80B | $3.54B | $4.19B | $5.45B | $4.37B |
| Low Forecast | $7.53B | $7.16B | $6.20B | $6.53B | $7.03B | $6.32B | $5.85B | $6.09B | $7.06B | $7.06B | $6.57B | $6.66B | $7.15B | $6.98B | $6.42B | $6.69B | $17.94B | $7.28B | $6.02B | $6.13B | $7.56B | $5.89B | $5.04B | $5.45B | $6.26B | $4.80B | $3.54B | $4.19B | $5.45B | $4.37B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.33% | 0.86% | 1.08% | 0.99% | 0.66% | 0.83% | 1.05% | 0.82% | 1.20% | 1.08% | 0.82% | 0.72% | 0.99% | 1.02% |
2 analysts predict ABEV's average Quarter EBITDA for Jun 23 to be $6.51B, with a high of $6.64B and a low of $6.42B. This is -1.85% lower than Ambev's previous annual EBITDA (Mar 23) of $6.63B.
Ambev Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.70B | $4.97B | $3.11B | $2.97B | $3.41B | $3.75B | $3.55B | $2.89B | $2.63B | $6.79B | $2.27B | $1.23B | $1.09B | $4.10B | $2.50B |
| Avg Forecast | $4.79B | $3.67B | $2.98B | $3.49B | $4.07B | $3.09B | $2.58B | $3.23B | $3.96B | $3.62B | $2.66B | $15.08B | $4.25B | $3.40B | $2.49B | $16.28B | $17.09B | $2.70B | $2.08B | $16.07B | $4.16B | $2.30B | $1.80B | $14.96B | $3.75B | $1.86B | $837.87M | $7.67B | $4.13B | $2.56B |
| High Forecast | $4.91B | $3.76B | $3.05B | $3.58B | $4.17B | $3.17B | $2.64B | $3.58B | $4.06B | $3.63B | $2.66B | $18.10B | $4.36B | $3.41B | $2.56B | $19.54B | $20.51B | $2.70B | $2.08B | $19.29B | $4.16B | $2.30B | $1.80B | $17.95B | $3.75B | $1.86B | $837.87M | $9.20B | $4.13B | $2.56B |
| Low Forecast | $4.70B | $3.60B | $2.93B | $3.43B | $4.00B | $3.04B | $2.53B | $2.87B | $3.89B | $3.62B | $2.65B | $12.06B | $4.18B | $3.39B | $2.45B | $13.03B | $13.67B | $2.70B | $2.08B | $12.86B | $4.16B | $2.30B | $1.80B | $11.97B | $3.75B | $1.86B | $837.87M | $6.13B | $4.13B | $2.56B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.23% | 0.29% | 1.15% | 1.43% | 0.21% | 0.90% | 1.54% | 1.60% | 0.18% | 1.81% | 1.22% | 1.46% | 0.14% | 0.99% | 0.98% |
Ambev's average Quarter net income forecast for Jun 23 is $2.49B, with a range of $2.45B to $2.56B. ABEV's average Quarter net income forecast represents a -32.59% decrease compared to the company's last Quarter net income of $3.70B (Mar 23).
Ambev SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.96B | $6.75B | $6.21B | $5.79B | $5.22B | $6.49B | $5.39B | $5.15B | $4.81B | $5.06B | $4.60B | $3.83B | $4.07B | $4.13B | $3.71B |
| Avg Forecast | $6.84B | $6.50B | $5.63B | $5.93B | $6.38B | $5.74B | $5.31B | $5.58B | $6.41B | $6.39B | $5.89B | $5.97B | $6.53B | $6.26B | $5.83B | $6.07B | $17.24B | $6.08B | $5.03B | $5.12B | $6.31B | $4.92B | $4.21B | $4.55B | $5.23B | $4.01B | $2.95B | $3.50B | $4.55B | $3.65B |
| High Forecast | $6.97B | $6.62B | $5.74B | $6.04B | $6.51B | $5.85B | $5.42B | $5.75B | $6.54B | $6.46B | $5.89B | $5.97B | $6.66B | $6.27B | $5.94B | $6.19B | $20.68B | $6.08B | $5.03B | $5.12B | $6.31B | $4.92B | $4.21B | $4.55B | $5.23B | $4.01B | $2.95B | $3.50B | $4.55B | $3.65B |
| Low Forecast | $6.75B | $6.41B | $5.55B | $5.85B | $6.29B | $5.66B | $5.24B | $5.45B | $6.33B | $6.32B | $5.89B | $5.97B | $6.40B | $6.25B | $5.75B | $5.99B | $13.79B | $6.08B | $5.03B | $5.12B | $6.31B | $4.92B | $4.21B | $4.55B | $5.23B | $4.01B | $2.95B | $3.50B | $4.55B | $3.65B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.39% | 1.02% | 1.15% | 1.02% | 1.03% | 1.10% | 1.22% | 1.06% | 0.97% | 1.15% | 1.30% | 1.16% | 0.91% | 1.02% |
Ambev's average Quarter SG&A projection for Jun 23 is $5.83B, based on 2 Wall Street analysts, with a range of $5.75B to $5.94B. The forecast indicates a -2.26% fall compared to ABEV last annual SG&A of $5.96B (Mar 23).
Ambev EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.23 | $0.33 | $0.20 | $0.19 | $0.22 | $0.24 | $0.23 | $0.18 | $0.17 | $0.44 | $0.14 | $0.08 | $0.07 | $0.26 | $0.16 |
| Avg Forecast | $0.30 | $0.23 | $0.19 | $0.22 | $0.26 | $0.20 | $0.16 | $0.20 | $0.25 | $0.23 | $0.17 | $0.21 | $0.27 | $0.22 | $0.16 | $0.20 | $0.24 | $0.17 | $0.13 | $0.17 | $0.26 | $0.15 | $0.11 | $0.15 | $0.24 | $0.12 | $0.05 | $0.14 | $0.26 | $0.16 |
| High Forecast | $0.31 | $0.24 | $0.19 | $0.23 | $0.26 | $0.20 | $0.17 | $0.23 | $0.26 | $0.23 | $0.17 | $0.21 | $0.28 | $0.22 | $0.16 | $0.21 | $0.25 | $0.17 | $0.13 | $0.17 | $0.26 | $0.15 | $0.11 | $0.15 | $0.24 | $0.12 | $0.05 | $0.14 | $0.26 | $0.16 |
| Low Forecast | $0.30 | $0.23 | $0.19 | $0.22 | $0.25 | $0.19 | $0.16 | $0.18 | $0.25 | $0.23 | $0.17 | $0.21 | $0.26 | $0.21 | $0.15 | $0.20 | $0.24 | $0.17 | $0.13 | $0.17 | $0.26 | $0.15 | $0.11 | $0.15 | $0.24 | $0.12 | $0.05 | $0.14 | $0.26 | $0.16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.35% | 1.17% | 1.44% | 1.28% | 0.91% | 1.55% | 1.61% | 1.10% | 1.86% | 1.23% | 1.47% | 0.51% | 1.00% | 0.98% |
According to 2 Wall Street analysts, Ambev's projected average Quarter EPS for Jun 23 is $0.16, with a low estimate of $0.15 and a high estimate of $0.16. This represents a -31.43% decrease compared to ABEV previous annual EPS of $0.23 (Mar 23).
Ambev Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FMX | Fomento Económico Mexicano | $89.30 | $147.00 | 64.61% | Buy |
| BUD | Anheuser-Busch InBev SA/NV | $56.06 | $71.33 | 27.24% | Buy |
| SAM | Boston Beer Company | $311.80 | $360.71 | 15.69% | Hold |
| TAP | Molson Coors Beverage Company | $60.80 | $62.45 | 2.71% | Hold |
| ABEV | Ambev | $2.18 | $2.10 | -3.67% | Buy |