Heineken N.V. (AMS:HEIA)
Netherlands flag Netherlands · Delayed Price · Currency is EUR
76.10
+1.32 (1.77%)
Oct 16, 2026, 5:35 PM CET

Heineken Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Heineken stock has a consensus rating of "Buy" and an average price target of €88.79. The average 1-year stock price forecast is 16.68% higher than the current stock price, while the lowest is €70.00 (-8.02%) and the highest is €126.00 (+65.57%).

Price Target: €88.79 (+16.68%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price€70.00€88.79€89.00€126.00
Change-8.02%+16.68%+16.95%+65.57%

Analyst Ratings

The average analyst rating for Heineken stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111111121212
Buy333233
Hold999988
Sell000000
Strong Sell000000
Total232323232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Maintains
€93.00 → €91.00
BuyMaintains€93.00 → €91.00+19.58%Oct 6, 2026
Unknown Analyst
Berenberg Bank
No rating
Berenberg Bank
Buy
Maintains
€101.00
BuyMaintains€101.00+32.72%Oct 6, 2026
Barclays
Barclays
Buy
Maintains
€93.00 → €95.00
BuyMaintains€93.00 → €95.00+24.84%Oct 5, 2026
Deutsche Bank
Deutsche Bank
Hold
Maintains
€80.00 → €76.00
HoldMaintains€80.00 → €76.00-0.13%Sep 16, 2026
Unknown Analyst
Bernstein
No rating
Bernstein
Buy
Maintains
€120.00 → €126.00
BuyMaintains€120.00 → €126.00+65.57%Sep 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
30.79B
from 28.75B
Increased by 7.10%
Revenue Next Year
32.00B
from 30.79B
Increased by 3.91%
EPS This Year
5.25
from 4.78
Increased by 9.85%
EPS Next Year
5.69
from 5.25
Increased by 8.39%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
21.94B28.72B30.36B29.82B28.75B30.79B
Revenue Growth
11.29%30.89%5.72%-1.78%-3.58%7.10%
Operating Income
3.05B4.05B3.81B3.79B3.71B4.80B
Net Income
3.32B2.68B2.30B978.00M1.89B2.67B
EPS
----4.785.25
EPS Growth
-----2.25%9.85%
Forward PE
25.1916.9517.2414.0113.7614.49
Dividend / Share
1.241.731.731.861.902.03
Dividend Growth
77.14%39.52%-7.51%2.15%6.82%
Free Cash Flow
----2.61B2.89B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High31.1B
Avg30.8B
Low30.1B

Revenue Growth

Revenue Growth202620272028
High
8.3%
Avg
7.1%
Low
4.9%

EPS Forecast

EPS202620272028
High5.45
Avg5.25
Low5.06

EPS Growth

EPS Growth202620272028
High
14.0%
Avg
9.9%
Low
5.9%