Anheuser-Busch InBev SA/NV (BUD)

NYSE: BUD · IEX Real-Time Price · USD
67.42
+0.95 (1.43%)
At close: May 17, 2024, 4:00 PM
67.26
-0.16 (-0.24%)
After-hours: May 17, 2024, 7:56 PM EDT
1.43%
Market Cap 137.63B
Revenue (ttm) 59.38B
Net Income (ttm) 5.34B
Shares Out 2.04B
EPS (ttm) 2.60
PE Ratio 28.53
Forward PE 17.24
Dividend $0.87 (1.29%)
Ex-Dividend Date May 3, 2024
Volume 1,391,465
Open 67.10
Previous Close 66.47
Day's Range 66.92 - 67.49
52-Week Range 51.66 - 67.48
Beta 0.98
Analysts Strong Buy
Price Target 71.70 (+6.35%)
Earnings Date May 8, 2024

About BUD

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands. The company operates in North America, Middle America, South America, Europe, the Middle East, Africa, and the Asia Pacific. The c... [Read more]

CEO Michel Dimitrios Doukeris
Employees 154,450
Stock Exchange NYSE
Ticker Symbol BUD
Full Company Profile

Financial Performance

In 2023, BUD's revenue was $59.38 billion, an increase of 2.76% compared to the previous year's $57.79 billion. Earnings were $5.34 billion, a decrease of -10.52%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for BUD stock is "Strong Buy." The 12-month stock price forecast is $71.7, which is an increase of 6.35% from the latest price.

Price Target
$71.7
(6.35% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bud Light boycott may be losing steam as beer brand holds on to more store shelf space than expected: analyst

Bud Light will continue losing shelf space this summer in the wake of last year's boycott of the brand, which stemmed from a promotion featuring transgender influencer Dylan Mulvaney, but it won't los...

4 days ago - Market Watch

Three-Stock Lunch: Shopify, Anheuser-Busch InBev SA, & Electronic Arts

Eva Ados, ERShares COO and chief investment strategist, joins CNBC's 'Power Lunch' to discuss investment plays for three stocks: Shopify, Anheuser-Busch InBev SA, and Electronic Arts.

Other symbols: EASHOP
9 days ago - CNBC Television

AB InBev Stock Jumps as Higher Prices Offset Weak North American Sales

American depositary receipts (ADRs) of Belgian brewing giant Anheuser-Busch InBev (BUD) rose in intraday trading Wednesday following a first-quarter earnings report that included revenue above expecta...

9 days ago - Investopedia

The Bud Light Boycott Is Losing Steam. How AB InBev Is Defying the Controversy.

The Bud Light boycott is becoming less of a problem for the world's largest brewer.

10 days ago - Barrons

AB InBev stock price surges today on financial results release a underlying profits rise

AB InBev, the brand behind Budweiser and Corona beers, reported their Q1 2024 financial results today. Comparatively, year-on-year, the company saw less revenue growth year-on-year than in 2023, but u...

10 days ago - Invezz

Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on

Analysts at Barclays said the company had passed its hardest quarter "with little to no bruises."

10 days ago - CNBC

Anheuser-Busch InBev tops estimates in last quarter where Bud Light boycott hits growth

Anheuser-Busch InBev reported stronger-than-forecast first-quarter profits in what was the final period where the consumer boycott of Bud Light will impact growth.

10 days ago - Market Watch

AB InBev's shares rise on 'bruise-free' first quarter

Anheuser-Busch Inbev shares rose more than 5% on Wednesday, in response to a strong first-quarter performance and anticipated relief from the impact of an ongoing U.S. Bud Light boycott.

10 days ago - Reuters

AB InBev Reports First Quarter 2024 Results

BRUSSELS--(BUSINESS WIRE)--Anheuser-Busch InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD): Regulated information1 “The strength of the beer category, our diversified global footprint and the contin...

10 days ago - Business Wire

Opportunities in European-Based Stocks

The economy is the doldrums, but interest rate cuts are on the horizon, notes Michael Field. He discusses what ECB's latest rate pause means for investors.

Other symbols: ARM
5 weeks ago - Schwab Network

Jefferies' Ed Mundy breaks down the generational shift from beer to spirits

Ed Mundy, Jefferies managing director, joins 'Power Lunch' to discuss spirits outselling beer again in 2023, and what it means for the alcohol industry.

Other symbols: DEOSTZTAP
6 weeks ago - CNBC Television

Corona Announces Global Partnership with Tripadvisor to Encourage Travel to Nature

LONDON--(BUSINESS WIRE)-- #futurewithmorecheers--Corona, an AB InBev global brand, is once again putting its passion for nature into practice, through a global partnership with Tripadvisor, the world'...

Other symbols: TRIP
6 weeks ago - Business Wire

Bud Light brand slowly recovering in U.S.

CNBC's Brandon Gomez joins 'Power Lunch' to discuss the U.S. brand recovery of Bud Light after a boycott.

6 weeks ago - CNBC Television

Lido Advisors' Gina Sanchez offers 3 buys and a bail: Roche, TotalEnergies, AB InBev & Arm

Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss three buys and a bail, including Roche, TotalEnergies, AB InBev, and Arm.

Other symbols: RHHBYTTEARM
7 weeks ago - CNBC Television

Bud Light may lose 18% of grocery store shelf space after Dylan Mulvaney boycott

Bud Light will be squeezed out as store managers rearrange the beverages section to give more precious real estate to better-selling beers, according to a report.

7 weeks ago - New York Post

Constellation defeats InBev appeal over Corona, Modelo seltzer branding

A U.S. appeals court on Monday upheld a jury's verdict that Constellation Brands' Corona and Modelo hard seltzers do not violate the trademark rights of Anheuser Busch InBev's Grupo Modelo, the maker ...

Other symbols: STZ
7 weeks ago - Reuters

Altria cuts stake in AB InBev, shares dip amid secondary offering

Anheuser-Busch InBev (BUD) saw its American Depositary Receipts (ADRs) fall by over 5% on Thursday. The downturn followed the announcement from Altria (MO) that it would reduce its 10% stake in the wo...

Other symbols: MO
2 months ago - Invezz

Altria Group Plans to Sell 35M Shares of AB InBev (BUD)

AB InBev (BUD) is trading lower as investor Altria Group plans to sell 35M shares. The share sale would be worth about $2.26B at $64.55 Wed.

Other symbols: MO
2 months ago - Schwab Network

Budweiser-owner AB InBev slides 4% after trading suspension as Altria sells stake

Shares of AB InBev, the world's biggest brewer, slipped more than 4% Thursday as trading resumed following a brief suspension.

Other symbols: MO
2 months ago - CNBC

Marlboro maker to sell $2.3 billion worth of Bud Light maker's stock

Altria late Wednesday said it plans to sell part of its stake in Anheuser-Busch InBev, which it will use to buy back its own stock.

Other symbols: MO
2 months ago - Market Watch

Dylan Mulvaney says she tried to ‘fix' the Bud Light boycott by pitching ad where a cowboy and trans person share a beer

Transgender social media star Dylan Mulvaney revealed that she pitched a "Western commercial" to Bud Light where a cowboy and a trans person share a beer -- but the company "didn't reach out."

2 months ago - New York Post

Bud Stock Drops. A Major Shareholder Is Selling Down Its Stake.

Anheuser-Busch InBev shares were dropping early on Thursday. It was hit by news that tobacco company Altria Group intends to sell down a significant portion of its holding in the Budweiser brewer.

2 months ago - Barrons

Altria Group Plans to Sell Part of Anheuser-Busch Stake

Altria Group plans to sell 18%, or over $2 billion worth, of its large stake in Anheuser-Busch InBev in a secondary offering as it looks to return more cash to shareholders.

Other symbols: MO
2 months ago - WSJ

What's Next For Anheuser-Busch InBev (BUD) Stock After A 7% Fall This Year Despite Q4 Earnings Beat?

Anheuser-Busch InBev stock (NYSE: BUD) recently reported its Q4 results, with revenues falling short but earnings beating the street estimates. The company reported revenue of $14.5 billion and an adj...

2 months ago - Forbes

Teamsters union members ratify US agreement with AB InBev

The Teamsters union said on Tuesday its members approved a five-year agreement with Anheuser-Busch Inbev , ratifying a deal that includes pay hikes and improved healthcare for workers at the brewer's ...

2 months ago - Reuters