Becle, S.A.B. de C.V. (BMV:CUERVO)
Mexico · Delayed Price · Currency is MXN | Market Cap | 51.75B -31.3% |
| Revenue (ttm) | 39.27B -12.6% |
| Net Income | 7.28B +29.6% |
| EPS | 2.03 +29.9% |
| Shares Out | 3.59B |
| PE Ratio | 7.11 |
| Forward PE | 11.78 |
| Dividend | 0.54 (3.78%) |
| Ex-Dividend Date | May 11, 2026 |
| Volume | 1,006,944 |
| Open | 14.65 |
| Previous Close | 14.58 |
| Day's Range | 14.40 - 14.65 |
| 52-Week Range | 13.07 - 25.29 |
| Beta | 0.22 |
| Analysts | Hold |
| Price Target | 19.25 (+33.68%) |
| Earnings Date | Oct 29, 2026 |
About Becle
Becle, S.A.B. de C.V. manufactures and distributes spirits and other distilled beverages in Mexico, the United States, Canada, and internationally. The company offers tequila, whiskey, vodka, rum, gin, mezcal, ready-to-drink, and non-alcoholic products. It sells its products under the Bushmills, Tequila 1800, Jose Cuervo Especial, Jose Cuervo Tradicional, Jose Cuervo Reserva de la Familia, Gran Centenario, Maestro Dobel, Bushmills Whiskey, Stranahan's Whiskey, Proper No. Twelve Whiskey, Great Jones Whiskey, The Sexton Whiskey, Pendleton Whiskey... [Read more]
Financial Performance
In 2025, Becle's revenue was 43.09 billion, a decrease of -1.99% compared to the previous year's 43.96 billion. Earnings were 8.65 billion, an increase of 118.91%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for CUERVO stock is "Hold." The 12-month stock price target is $19.25, which is an increase of 33.68% from the latest price.
News
Becle Earnings Call Transcript: Q2 2026
Consolidated net sales fell 13.9% due to FX, but constant currency declines moderated and cash flow remained strong. U.S. performance is stabilizing as inventory and distributor transitions near completion, while Mexico and international markets outperformed their categories.
Becle Earnings release: Q2 2026
Becle released its Q2 2026 earnings on July 24, 2026, summarizing the period's financial results.
Becle price target lowered to MXN 16 from MXN 17 at Barclays
Barclays analyst Benjamin Theurer lowered the firm’s price target on Becle (BCCLF) to MXN 16 from MXN 17 and keeps an Equal Weight rating on the shares. The firm updated…
Becle price target lowered to MXN 17 from MXN 19 at Barclays
Barclays lowered the firm’s price target on Becle (BCCLF) to MXN 17 from MXN 19 and keeps an Equal Weight rating on the shares.
Becle Earnings Call Transcript: Q1 2026
Q1 2026 saw a sharp sales and profit decline due to U.S. distributor transition and FX headwinds, but Mexico and EMEA/APAC regions delivered resilient growth. Guidance for 2026 is reaffirmed, with sequential improvement expected as U.S. transition stabilizes.
Becle Earnings release: Q1 2026
Becle released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.
Becle Slides: Q1 2026
Becle has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 30, 2026.
Becle Slides: Investor presentation
Becle has posted slides in relation to its latest quarterly earnings report, which was published on March 24, 2026.
Becle downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Benjamin Theurer downgraded Becle (BCCLF) to Equal Weight from Overweight with a price target of MXN 19, down from MXN 26. The firm cites the “still-cautious” Mexico consumer…
Becle Earnings Call Transcript: Q4 2025
Tequila leadership was maintained despite industry contraction, with disciplined pricing and inventory management supporting margins. 2026 will be a transition year due to U.S. distributor realignment, with growth expected to resume in 2027.
Becle Earnings release: Q4 2025
Becle released its Q4 2025 earnings on February 27, 2026, summarizing the period's financial results.
Becle Slides: Q4 2025
Becle has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 27, 2026.
Becle Annual report: Q4 2025
Becle has published its Q4 2025 annual report on February 27, 2026.
Becle price target lowered to MXN 26 from MXN 28 at Barclays
Barclays analyst Benjamin Theurer lowered the firm’s price target on Becle (BCCLF) to MXN 26 from MXN 28 and keeps an Overweight rating on the shares. The firm updated estimates…
Becle upgraded to Outperform from Neutral at Grupo Santander
Grupo Santander upgraded Becle (BCCLF) to Outperform from Neutral with a MXN 27 price target
Becle upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Becle (BCCLF) to Overweight from Equal Weight with an unchanged price target of MXN 28. The firm adjusted ratings in the Mexico consumer sector as part of its…
Becle price target raised to MXN 28 from MXN 26 at Barclays
Barclays raised the firm’s price target on Becle (BCCLF) to MXN 28 from MXN 26 and keeps an Equal Weight rating on the shares. The Q3 results for the Mexico…
Becle Slides: Investor Presentation
Becle has posted slides in relation to its latest quarterly earnings report, which was published on October 31, 2025.
Becle Earnings Call Transcript: Q3 2025
Volumes grew 3.7% year-over-year, led by spirits and tequila, while gross margin expanded to 56.1% and EBITDA rose 63.3%. U.S. sales declined amid pricing pressures, but Mexico and international markets delivered strong growth. Asset divestitures and cost efficiencies boosted profitability.
Becle Earnings release: Q3 2025
Becle released its Q3 2025 earnings on October 23, 2025, summarizing the period's financial results.
Becle Slides: Q3 2025
Becle has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 23, 2025.
Becle upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Becle (BCCLF) to Neutral from Underweight with a MXN 23 price target The firm says the stocks’ valuation has become more balanced.
Becle downgraded to Sector Perform from Outperform at Scotiabank
Scotiabank downgraded Becle (BCCLF) to Sector Perform from Outperform with a MXN 32 price target The firm’s tariff trading-call on Cuervo has “largely played out,” says the analyst, who now…
Becle Slides: Investor Presentation
Becle has posted slides in relation to its latest quarterly earnings report, which was published on August 13, 2025.
Becle Earnings Call Transcript: Q2 2025
Consolidated net sales rose 2.8% with strong EBITDA and margin expansion, led by premium tequila and resilient performance in Mexico. US and Canada faced headwinds, but guidance is reaffirmed and capital allocation remains disciplined.