Anheuser-Busch InBev SA/NV (BUD) Stock Forecast, Price Target & Predictions


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BUD Stock Forecast


Anheuser-Busch InBev SA/NV stock forecast is as follows: an average price target of $71.33 (represents a 9.91% upside from BUD’s last price of $64.90) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

BUD Price Target


The average price target for Anheuser-Busch InBev SA/NV (BUD) is $71.33 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $76.00 to $65.00. This represents a potential 9.91% upside from BUD's last price of $64.90.

BUD Analyst Ratings


Buy

According to 10 Wall Street analysts, Anheuser-Busch InBev SA/NV's rating consensus is 'Buy'. The analyst rating breakdown for BUD stock is 0 'Strong Buy' (0.00%), 9 'Buy' (90.00%), 1 'Hold' (10.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Anheuser-Busch InBev SA/NV Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 10, 2024Sarah SimonMorgan Stanley$73.00$63.6614.67%12.48%
Apr 08, 2024Sarah SimonMorgan Stanley$68.50$59.9614.24%5.55%
Mar 05, 2024Eddie KimBarclays$65.00$60.207.97%0.15%
Jan 10, 2024Edward MundyJefferies$76.00$66.1514.89%17.10%
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The latest Anheuser-Busch InBev SA/NV stock forecast, released on Sep 10, 2024 by Sarah Simon from Morgan Stanley, set a price target of $73.00, which represents a 14.67% increase from the stock price at the time of the forecast ($63.66), and a 12.48% increase from BUD last price ($64.90).

Anheuser-Busch InBev SA/NV Price Target by Period


1M3M12M
# Anlaysts114
Avg Price Target$73.00$73.00$70.63
Last Closing Price$64.90$64.90$64.90
Upside/Downside12.48%12.48%8.83%

In the current month, the average price target of Anheuser-Busch InBev SA/NV stock is $73.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.48% increase as opposed to Anheuser-Busch InBev SA/NV's last price of $64.90. This month's average price target is down 0.00% compared to last quarter, and up 3.36% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 10, 2024Morgan StanleyOverweightOverweightHold
Sep 10, 2024Exane BNP ParibasNeutralOutperformUpgrade
Sep 09, 2024Deutsche BankHoldHoldHold
Aug 02, 2024BarclaysOverweightOverweightHold
Jul 03, 2024BarclaysOverweightOverweightHold
Jul 03, 2024Morgan StanleyOverweightOverweightHold
Jun 24, 2024UBS-BuyUpgrade
May 10, 2024Morgan StanleyOverweightOverweightHold
May 09, 2024BarclaysOverweightOverweightHold
May 09, 2024Evercore ISIOutperformOutperformHold
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Anheuser-Busch InBev SA/NV's last stock rating was published by Morgan Stanley on Sep 10, 2024. The company gave BUD a "Overweight" rating, the same as its previous rate.

Anheuser-Busch InBev SA/NV Financial Forecast


Anheuser-Busch InBev SA/NV Revenue Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18Sep 17Jun 17Mar 17Sep 16
Revenue------$14.21B$14.67B$15.09B$14.79B$13.23B$14.20B$14.27B$13.54B$12.29B$12.77B$12.82B$10.29B$11.00B$13.17B$13.96B$12.59B$14.25B$13.28B$14.01B$13.07B$14.74B$17.70B$9.40B$11.11B
Avg Forecast$15.74B$15.47B$14.43B$15.34B$15.71B$16.38B$14.44B$15.21B$15.27B$14.89B$13.13B$13.83B$13.88B$13.54B$12.07B$9.87B$11.19B$7.17B$8.54B$15.39B$13.20B$11.28B$16.37B$17.09B$14.14B$14.22B$13.78B$18.07B$10.90B$13.68B
High Forecast$15.95B$15.70B$14.65B$15.67B$15.94B$19.66B$17.33B$18.25B$18.33B$17.87B$15.75B$16.59B$16.66B$16.25B$14.48B$11.84B$13.43B$8.60B$10.25B$18.46B$15.84B$13.53B$19.65B$20.51B$16.97B$17.06B$16.54B$21.68B$13.07B$16.42B
Low Forecast$15.49B$15.24B$14.22B$15.10B$15.47B$13.11B$11.55B$12.17B$12.22B$11.91B$10.50B$11.06B$11.11B$10.83B$9.65B$7.89B$8.95B$5.73B$6.83B$12.31B$10.56B$9.02B$13.10B$13.67B$11.31B$11.37B$11.03B$14.46B$8.72B$10.94B
# Analysts3124213201520161217201916112011151813202071579182019
Surprise %------0.98%0.96%0.99%0.99%1.01%1.03%1.03%1.00%1.02%1.29%1.14%1.44%1.29%0.86%1.06%1.12%0.87%0.78%0.99%0.92%1.07%0.98%0.86%0.81%

Anheuser-Busch InBev SA/NV's average Quarter revenue forecast for Jun 23 based on 13 analysts is $16.38B, with a low forecast of $13.11B, and a high forecast of $19.66B. BUD's average Quarter revenue forecast represents a 15.26% increase compared to the company's last Quarter revenue of $14.21B (Mar 23).

Anheuser-Busch InBev SA/NV EBITDA Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18Sep 17Jun 17Mar 17Sep 16
# Analysts3124213201520161217201916112011151813202071579182019
EBITDA------$3.65B$4.22B$3.82B$4.54B$1.83B$3.98B$1.82B$3.81B$2.05B$4.75B$2.70B$1.78B$-858.00M$4.45B$4.87B$5.29B$2.87B$2.55B$4.04B$2.69B$4.58B$5.11B$1.32B$1.83B
Avg Forecast$5.35B$5.25B$1.75B$5.21B$5.33B$5.61B$1.59B$3.57B$2.45B$5.10B$1.44B$3.25B$2.22B$4.63B$2.01B$3.67B$2.31B$1.00B$-444.14M$5.20B$4.60B$4.74B$3.30B$3.28B$4.08B$2.92B$4.28B$5.21B$1.53B$2.25B
High Forecast$5.42B$5.33B$2.09B$5.32B$5.41B$6.73B$1.90B$4.28B$2.93B$6.12B$1.73B$3.90B$2.67B$5.56B$2.42B$4.41B$2.77B$1.20B$-355.31M$6.24B$5.52B$5.69B$3.96B$3.94B$4.89B$3.51B$5.13B$6.26B$1.84B$2.70B
Low Forecast$5.26B$5.18B$1.40B$5.13B$5.25B$4.49B$1.27B$2.86B$1.96B$4.08B$1.15B$2.60B$1.78B$3.71B$1.61B$2.94B$1.85B$801.85M$-532.97M$4.16B$3.68B$3.79B$2.64B$2.63B$3.26B$2.34B$3.42B$4.17B$1.23B$1.80B
Surprise %------2.30%1.18%1.56%0.89%1.27%1.23%0.82%0.82%1.02%1.29%1.17%1.77%1.93%0.86%1.06%1.12%0.87%0.78%0.99%0.92%1.07%0.98%0.86%0.81%

13 analysts predict BUD's average Quarter EBITDA for Jun 23 to be $5.61B, with a high of $6.73B and a low of $4.49B. This is 53.44% upper than Anheuser-Busch InBev SA/NV's previous annual EBITDA (Mar 23) of $3.65B.

Anheuser-Busch InBev SA/NV Net Income Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18Sep 17Jun 17Mar 17Sep 16
# Analysts3124213201520161217201916112011151813202071579182019
Net Income------$1.64B$2.84B$1.43B$2.17B$299.00M$2.35B$249.00M$1.86B$595.00M$2.27B$1.04B$350.00M$-2.25B$3.00B$2.48B$3.57B$457.00M$955.00M$1.94B$1.02B$2.06B$2.78B$132.00M$556.00M
Avg Forecast$1.84B$1.74B$101.54M$1.55B$1.72B$2.74B$92.31M$1.76B$333.82M$2.49B$83.92M$1.60B$303.47M$2.26B$583.98M$1.75B$889.28M$197.19M$-1.16B$3.51B$2.35B$3.20B$525.06M$1.23B$1.95B$1.11B$1.92B$2.83B$153.00M$684.70M
High Forecast$2.04B$1.77B$121.85M$1.63B$1.75B$3.29B$110.77M$2.11B$400.58M$2.99B$100.70M$1.92B$364.16M$2.72B$700.78M$2.10B$1.07B$236.63M$-931.76M$4.21B$2.82B$3.84B$630.08M$1.47B$2.34B$1.33B$2.31B$3.40B$183.60M$821.64M
Low Forecast$1.61B$1.70B$81.23M$1.41B$1.68B$2.19B$73.85M$1.41B$267.05M$1.99B$67.13M$1.28B$242.78M$1.81B$467.19M$1.40B$711.42M$157.76M$-1.40B$2.81B$1.88B$2.56B$420.05M$983.23M$1.56B$887.40M$1.54B$2.27B$122.40M$547.76M
Surprise %------17.76%1.61%4.29%0.87%3.56%1.46%0.82%0.82%1.02%1.29%1.17%1.77%1.93%0.86%1.06%1.12%0.87%0.78%0.99%0.92%1.07%0.98%0.86%0.81%

Anheuser-Busch InBev SA/NV's average Quarter net income forecast for Jun 23 is $2.74B, with a range of $2.19B to $3.29B. BUD's average Quarter net income forecast represents a 67.09% increase compared to the company's last Quarter net income of $1.64B (Mar 23).

Anheuser-Busch InBev SA/NV SG&A Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18Sep 17Jun 17Mar 17Sep 16
# Analysts3124213201520161217201916112011151813202071579182019
SG&A------$4.34B$4.59B$4.35B$4.50B$4.12B$4.63B$4.38B$4.51B$4.06B$4.17B$3.94B$3.54B$3.72B$4.19B$4.22B$4.04B$4.15B$4.17B$4.49B$4.30B$4.65B$5.69B$3.09B$3.65B
Avg Forecast$4.83B$4.75B$4.40B$4.71B$4.82B$6.63B$4.00B$4.15B$5.87B$6.03B$3.64B$3.77B$5.34B$5.48B$3.98B$3.22B$3.37B$1.99B$1.93B$4.90B$3.99B$3.61B$4.77B$5.37B$4.53B$4.67B$4.35B$5.80B$3.58B$4.49B
High Forecast$4.90B$4.82B$5.28B$4.81B$4.89B$7.96B$4.80B$4.98B$7.04B$7.23B$4.36B$4.53B$6.40B$6.57B$4.78B$3.87B$4.04B$2.39B$2.31B$5.88B$4.79B$4.34B$5.73B$6.44B$5.44B$5.61B$5.22B$6.97B$4.30B$5.39B
Low Forecast$4.75B$4.68B$3.52B$4.63B$4.75B$5.30B$3.20B$3.32B$4.70B$4.82B$2.91B$3.02B$4.27B$4.38B$3.19B$2.58B$2.70B$1.59B$1.54B$3.92B$3.19B$2.89B$3.82B$4.30B$3.63B$3.74B$3.48B$4.64B$2.87B$3.59B
Surprise %------1.09%1.11%0.74%0.75%1.13%1.23%0.82%0.82%1.02%1.29%1.17%1.77%1.93%0.86%1.06%1.12%0.87%0.78%0.99%0.92%1.07%0.98%0.86%0.81%

Anheuser-Busch InBev SA/NV's average Quarter SG&A projection for Jun 23 is $6.63B, based on 13 Wall Street analysts, with a range of $5.30B to $7.96B. The forecast indicates a 52.62% rise compared to BUD last annual SG&A of $4.34B (Mar 23).

Anheuser-Busch InBev SA/NV EPS Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18Sep 17Jun 17Mar 17Sep 16
# Analysts3124213201520161217201916112011151813202071579182019
EPS------$0.81$1.41$0.71$1.08$0.15$1.17$0.12$0.93$0.30$1.13$0.52$0.18$-1.15$1.51$1.25$1.80$0.23$0.48$0.98$0.52$1.04$1.41$0.08$0.34
Avg Forecast$0.90$0.85$0.66$0.76$0.84$1.19$1.43$1.95$1.27$1.15$1.43$1.89$1.25$1.01$0.53$0.68$0.59$0.14$-0.09$1.32$1.04$1.03$1.08$1.48$1.12$0.87$1.15$0.99$1.02$1.33
High Forecast$1.00$0.87$0.67$0.80$0.86$1.35$1.46$2.22$1.30$1.52$1.43$1.89$1.25$1.01$0.64$0.82$0.71$0.16$-0.07$1.58$1.25$1.24$1.30$1.78$1.34$1.04$1.38$1.19$1.22$1.60
Low Forecast$0.79$0.83$0.64$0.69$0.82$1.03$1.40$1.69$1.25$0.79$1.43$1.89$1.24$1.01$0.42$0.54$0.47$0.11$-0.11$1.06$0.83$0.82$0.86$1.18$0.90$0.70$0.92$0.79$0.82$1.06
Surprise %------0.57%0.72%0.56%0.94%0.11%0.62%0.10%0.92%0.57%1.66%0.88%1.27%12.76%1.14%1.20%1.75%0.21%0.32%0.87%0.60%0.90%1.42%0.08%0.26%

According to 13 Wall Street analysts, Anheuser-Busch InBev SA/NV's projected average Quarter EPS for Jun 23 is $1.19, with a low estimate of $1.03 and a high estimate of $1.35. This represents a 47.20% increase compared to BUD previous annual EPS of $0.81 (Mar 23).

Anheuser-Busch InBev SA/NV Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FMXFomento Económico Mexicano$104.57$151.5044.88%Buy
SAMBoston Beer Company$269.34$360.7133.92%Hold
TAPMolson Coors Beverage Company$54.94$61.3011.58%Hold
BUDAnheuser-Busch InBev SA/NV$64.90$71.339.91%Buy
ABEVAmbev$2.31$2.10-9.09%Buy

BUD Forecast FAQ


Yes, according to 10 Wall Street analysts, Anheuser-Busch InBev SA/NV (BUD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 90.00% of BUD's total ratings.

Anheuser-Busch InBev SA/NV (BUD) average price target is $71.33 with a range of $65 to $76, implying a 9.91% from its last price of $64.9. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BUD stock, the company can go up by 9.91% (from the last price of $64.9 to the average price target of $71.33), up by 17.10% based on the highest stock price target, and up by 0.15% based on the lowest stock price target.

BUD's average twelve months analyst stock price target of $71.33 does not support the claim that Anheuser-Busch InBev SA/NV can reach $100 in the near future.

1 Wall Street analyst forecast a $73 price target for Anheuser-Busch InBev SA/NV (BUD) this month, up 12.48% from its last price of $64.9. Compared to the last 3 and 12 months, the average price target increased by 12.48% and increased by 8.83%, respectively.

BUD's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $61.87B (high $68.6B, low $55.23B), average EBITDA is $17.74B (high $19.37B, low $16.14B), average net income is $6.1B (high $6.78B, low $5.36B), average SG&A $20.16B (high $22.46B, low $17.89B), and average EPS is $4.22 (high $4.47, low $3.95).

Based on Anheuser-Busch InBev SA/NV's last annual report (Dec 2022), the company's revenue was $57.79B, which missed the average analysts forecast of $58.5B by -1.22%. Apple's EBITDA was $18.83B, beating the average prediction of $12.56B by 49.98%. The company's net income was $5.97B, beating the average estimation of $4.67B by 27.85%. Apple's SG&A was $17.56B, missing the average forecast of $19.68B by -10.81%. Lastly, the company's EPS was $2.97, missing the average prediction of $5.81 by -48.87%. In terms of the last quarterly report (Mar 2023), Anheuser-Busch InBev SA/NV's revenue was $14.21B, missing the average analysts' forecast of $14.44B by -1.58%. The company's EBITDA was $3.66B, beating the average prediction of $1.59B by 130.35%. Anheuser-Busch InBev SA/NV's net income was $1.64B, beating the average estimation of $92.31M by 1675.57%. The company's SG&A was $4.34B, beating the average forecast of $4B by 8.62%. Lastly, the company's EPS was $0.81, missing the average prediction of $1.43 by -43.31%