Heineken N.V. (AMS:HEIA)
Netherlands flag Netherlands · Delayed Price · Currency is EUR
83.58
-0.44 (-0.52%)
Nov 6, 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 €89.27. The average 1-year stock price forecast is 6.81% higher than the current stock price, while the lowest is €70.00 (-16.25%) and the highest is €126.00 (+50.75%).

Price Target: €89.27 (+6.81%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price€70.00€89.27€89.00€126.00
Change-16.25%+6.81%+6.48%+50.75%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy111112121212
Buy332333
Hold999888
Sell000000
Strong Sell000000
Total232323232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
€105.00 → €106.00
BuyMaintains€105.00 → €106.00+26.82%Oct 30, 2026
DBS
DBS
Hold
Maintains
€78.00
HoldMaintains€78.00-6.68%Oct 29, 2026
RBC Capital
RBC Capital
Hold
Maintains
€84.00 → €87.00
HoldMaintains€84.00 → €87.00+4.09%Oct 28, 2026
Unknown Analyst
Bernstein
No rating
Bernstein
Buy
Maintains
€126.00
BuyMaintains€126.00+50.75%Oct 15, 2026
Citi
Citi
Buy
Maintains
€93.00 → €91.00
BuyMaintains€93.00 → €91.00+8.88%Oct 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
30.86B
from 28.75B
Increased by 7.33%
Revenue Next Year
32.06B
from 30.86B
Increased by 3.90%
EPS This Year
5.29
from 4.78
Increased by 10.59%
EPS Next Year
5.71
from 5.29
Increased by 8.00%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
21.94B28.72B30.36B29.82B28.75B30.86B
Revenue Growth
11.29%30.89%5.72%-1.78%-3.58%7.33%
Operating Income
3.05B4.05B3.81B3.79B3.71B4.84B
Net Income
3.32B2.68B2.30B978.00M1.89B2.71B
EPS
----4.785.29
EPS Growth
-----2.25%10.59%
Forward PE
25.1916.9517.2414.0113.7615.81
Dividend / Share
1.241.731.731.861.902.03
Dividend Growth
77.14%39.52%-7.51%2.15%6.88%
Free Cash Flow
----2.61B2.77B
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High31.2B
Avg30.9B
Low30.1B

Revenue Growth

Revenue Growth202620272028
High
8.5%
Avg
7.3%
Low
4.9%

EPS Forecast

EPS202620272028
High5.46
Avg5.29
Low5.12

EPS Growth

EPS Growth202620272028
High
14.2%
Avg
10.6%
Low
7.1%