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 -9.09% downside from ABEV’s last price of $2.31) 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 -9.09% downside from ABEV's last price of $2.31.
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% | -9.09% |
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 -9.09% decrease from ABEV last price ($2.31).
Ambev Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $2.10 | $2.10 |
| Last Closing Price | $2.31 | $2.31 | $2.31 |
| Upside/Downside | -100.00% | -9.09% | -9.09% |
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 $2.31. This month's average price target is down -100.00% 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 | $20.47B | $17.87B | $18.87B | $21.27B | $21.47B | $19.79B | $20.06B | $21.96B | $21.05B | $19.60B | $20.42B | $24.81B | $20.95B | $17.34B | $3.75B | $3.88B | $3.13B | $2.88B | $2.75B | $3.47B | $2.45B | $1.90B | $2.37B | $3.87B | $3.02B |
| High Forecast | $24.45B | $23.22B | $20.13B | $21.19B | $22.81B | $21.76B | $18.99B | $20.05B | $22.61B | $22.83B | $21.04B | $21.33B | $22.40B | $22.38B | $20.84B | $21.70B | $26.37B | $22.27B | $17.34B | $3.76B | $3.90B | $3.14B | $2.90B | $2.76B | $3.48B | $2.46B | $1.91B | $2.38B | $3.88B | $3.04B |
| Low Forecast | $21.55B | $20.47B | $17.74B | $18.68B | $20.11B | $19.18B | $16.74B | $17.68B | $19.93B | $20.12B | $18.55B | $18.80B | $21.52B | $19.73B | $18.37B | $19.13B | $23.25B | $19.63B | $17.34B | $3.73B | $3.86B | $3.11B | $2.87B | $2.74B | $3.45B | $2.44B | $1.89B | $2.36B | $3.85B | $3.01B |
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.91% | 0.98% | 1.04% | 4.92% | 5.67% | 5.92% | 5.45% | 6.05% | 5.35% | 6.36% | 6.12% | 5.31% | 4.10% | 3.95% |
Ambev's average Quarter revenue forecast for Jun 23 based on 2 analysts is $19.60B, with a low forecast of $18.37B, and a high forecast of $20.84B. 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 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| 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 | $7.99B | $7.59B | $6.58B | $6.93B | $7.46B | $7.11B | $6.21B | $6.56B | $7.39B | $7.46B | $6.88B | $6.97B | $7.63B | $7.31B | $6.81B | $7.09B | $8.62B | $18.39B | $6.02B | $1.30B | $1.35B | $3.12B | $1.00B | $956.25M | $1.20B | $852.66M | $659.57M | $824.07M | $1.34B | $1.05B |
| High Forecast | $8.49B | $8.07B | $6.99B | $7.36B | $7.92B | $7.56B | $6.60B | $6.97B | $7.86B | $7.93B | $7.31B | $7.41B | $7.78B | $7.77B | $7.24B | $7.54B | $9.16B | $22.07B | $6.02B | $1.31B | $1.35B | $3.75B | $1.01B | $960.18M | $1.21B | $856.16M | $662.29M | $827.46M | $1.35B | $1.06B |
| Low Forecast | $7.49B | $7.11B | $6.16B | $6.49B | $6.99B | $6.67B | $5.82B | $6.14B | $6.93B | $6.99B | $6.44B | $6.53B | $7.48B | $6.85B | $6.38B | $6.65B | $8.08B | $14.71B | $6.02B | $1.30B | $1.34B | $2.50B | $998.20M | $952.32M | $1.20B | $849.15M | $656.86M | $820.68M | $1.34B | $1.05B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.86% | 0.34% | 1.08% | 4.66% | 3.69% | 1.56% | 5.27% | 4.65% | 6.23% | 6.08% | 4.38% | 3.67% | 4.01% | 4.23% |
2 analysts predict ABEV's average Quarter EBITDA for Jun 23 to be $6.81B, with a high of $7.24B and a low of $6.38B. This is 2.70% upper 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 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| 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 | $5.15B | $4.12B | $3.03B | $3.53B | $4.45B | $3.65B | $2.65B | $3.26B | $3.99B | $3.75B | $2.66B | $15.08B | $4.26B | $3.40B | $2.50B | $16.28B | $3.86B | $13.95B | $2.09B | $3.41B | $4.16B | $2.37B | $2.89B | $2.63B | $3.75B | $1.25B | $1.35B | $1.46B | $3.42B | $2.50B |
| High Forecast | $5.57B | $4.46B | $3.28B | $3.82B | $4.81B | $3.95B | $2.87B | $3.53B | $4.31B | $4.06B | $2.88B | $18.10B | $4.61B | $3.68B | $2.70B | $19.54B | $4.17B | $16.74B | $2.09B | $4.10B | $4.18B | $2.84B | $3.46B | $3.15B | $3.77B | $1.50B | $1.62B | $1.75B | $4.10B | $3.00B |
| Low Forecast | $4.73B | $3.78B | $2.78B | $3.25B | $4.08B | $3.35B | $2.44B | $2.99B | $3.66B | $3.44B | $2.44B | $12.06B | $3.91B | $3.12B | $2.29B | $13.03B | $3.54B | $11.16B | $2.09B | $2.73B | $4.14B | $1.89B | $2.31B | $2.10B | $3.73B | $1.00B | $1.08B | $1.16B | $2.73B | $2.00B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.23% | 1.29% | 0.22% | 1.42% | 1.00% | 0.90% | 1.50% | 1.00% | 1.00% | 1.81% | 1.82% | 0.91% | 0.75% | 1.20% | 1.00% |
Ambev's average Quarter net income forecast for Jun 23 is $2.50B, with a range of $2.29B to $2.70B. ABEV's average Quarter net income forecast represents a -32.55% 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 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| 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 | $6.68B | $6.34B | $5.50B | $5.79B | $6.23B | $5.94B | $5.19B | $5.48B | $6.17B | $6.23B | $5.74B | $5.82B | $6.37B | $6.11B | $5.69B | $5.93B | $7.20B | $6.08B | $5.03B | $1.09B | $1.13B | $906.94M | $837.22M | $798.73M | $1.01B | $712.21M | $550.93M | $688.33M | $3.45B | $877.80M |
| High Forecast | $7.10B | $6.74B | $5.84B | $6.15B | $6.62B | $6.32B | $5.51B | $5.82B | $6.56B | $6.62B | $6.11B | $6.19B | $6.50B | $6.49B | $6.05B | $6.30B | $7.65B | $6.46B | $5.03B | $1.09B | $1.13B | $910.67M | $840.66M | $802.02M | $1.01B | $715.13M | $553.19M | $691.16M | $4.13B | $881.41M |
| Low Forecast | $6.26B | $5.94B | $5.15B | $5.42B | $5.84B | $5.57B | $4.86B | $5.13B | $5.79B | $5.84B | $5.38B | $5.46B | $6.25B | $5.72B | $5.33B | $5.55B | $6.75B | $5.70B | $5.03B | $1.08B | $1.12B | $903.21M | $833.78M | $795.45M | $1.00B | $709.28M | $548.66M | $685.50M | $2.76B | $874.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.94% | 1.02% | 1.15% | 4.80% | 5.77% | 5.95% | 6.15% | 6.02% | 5.03% | 6.46% | 6.96% | 5.92% | 1.20% | 4.23% |
Ambev's average Quarter SG&A projection for Jun 23 is $5.69B, based on 2 Wall Street analysts, with a range of $5.33B to $6.05B. The forecast indicates a -4.61% 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 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| 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 | $0.33 | $0.26 | $0.19 | $0.22 | $0.28 | $0.23 | $0.17 | $0.21 | $0.25 | $0.24 | $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 | $0.25 | $0.16 |
| High Forecast | $0.35 | $0.28 | $0.21 | $0.24 | $0.30 | $0.25 | $0.18 | $0.22 | $0.27 | $0.26 | $0.18 | $0.23 | $0.29 | $0.23 | $0.17 | $0.22 | $0.26 | $0.18 | $0.13 | $0.17 | $0.26 | $0.15 | $0.11 | $0.15 | $0.24 | $0.12 | $0.05 | $0.14 | $0.25 | $0.16 |
| Low Forecast | $0.30 | $0.24 | $0.18 | $0.21 | $0.26 | $0.21 | $0.15 | $0.19 | $0.23 | $0.22 | $0.15 | $0.19 | $0.25 | $0.20 | $0.14 | $0.19 | $0.22 | $0.16 | $0.13 | $0.17 | $0.26 | $0.14 | $0.11 | $0.15 | $0.24 | $0.12 | $0.05 | $0.14 | $0.24 | $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% | 0.49% | 1.06% | 1.00% |
According to 2 Wall Street analysts, Ambev's projected average Quarter EPS for Jun 23 is $0.16, with a low estimate of $0.14 and a high estimate of $0.17. 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 | $104.57 | $151.50 | 44.88% | Buy |
| SAM | Boston Beer Company | $269.34 | $360.71 | 33.92% | Hold |
| TAP | Molson Coors Beverage Company | $54.94 | $61.30 | 11.58% | Hold |
| BUD | Anheuser-Busch InBev SA/NV | $64.90 | $71.33 | 9.91% | Buy |
| ABEV | Ambev | $2.31 | $2.10 | -9.09% | Buy |
ABEV Forecast FAQ
Is Ambev a good buy?
Yes, according to 3 Wall Street analysts, Ambev (ABEV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of ABEV's total ratings.
What is ABEV's price target?
Ambev (ABEV) average price target is $2.1 with a range of $2.1 to $2.1, implying a -9.09% from its last price of $2.31. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ambev stock go up soon?
According to Wall Street analysts' prediction for ABEV stock, the company can go down by -9.09% (from the last price of $2.31 to the average price target of $2.1), down by -9.09% based on the highest stock price target, and down by -9.09% based on the lowest stock price target.
Can Ambev stock reach $3?
ABEV's average twelve months analyst stock price target of $2.1 does not support the claim that Ambev can reach $3 in the near future.
What are Ambev's analysts' financial forecasts?
Ambev's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $78.66B (high $83.62B, low $73.71B), average EBITDA is $27.33B (high $29.05B, low $25.61B), average net income is $14.01B (high $15.16B, low $12.87B), average SG&A $22.83B (high $24.27B, low $21.39B), and average EPS is $0.886 (high $0.958, low $0.813). ABEV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $83.72B (high $88.99B, low $78.45B), average EBITDA is $29.09B (high $30.92B, low $27.26B), average net income is $15.83B (high $17.13B, low $14.54B), average SG&A $24.3B (high $25.83B, low $22.77B), and average EPS is $1 (high $1.08, low $0.919).
Did the ABEV's actual financial results beat the analysts' financial forecasts?
Based on Ambev's last annual report (Dec 2022), the company's revenue was $79.71B, beating the average analysts forecast of $66.84B by 19.25%. Apple's EBITDA was $26.35B, missing the average prediction of $34.34B by -23.26%. The company's net income was $14.46B, missing the average estimation of $23.3B by -37.96%. Apple's SG&A was $23.97B, beating the average forecast of $19.4B by 23.56%. Lastly, the company's EPS was $0.92, beating the average prediction of $0.717 by 28.26%. In terms of the last quarterly report (Mar 2023), Ambev's revenue was $20.53B, beating the average analysts' forecast of $20.42B by 0.56%. The company's EBITDA was $6.63B, missing the average prediction of $7.09B by -6.52%. Ambev's net income was $3.7B, missing the average estimation of $16.28B by -77.28%. The company's SG&A was $5.96B, beating the average forecast of $5.93B by 0.64%. Lastly, the company's EPS was $0.23, beating the average prediction of $0.203 by 13.29%