Ambev S.A. (BVMF:ABEV3)
Brazil flag Brazil · Delayed Price · Currency is BRL
16.32
+0.33 (2.06%)
At close: Oct 13, 2026

Ambev Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Ambev stock has a consensus rating of "Sell" and an average price target of R$16.30. The average 1-year stock price forecast is 0.12% lower than the current stock price, while the lowest is R$13.00 (-20.34%) and the highest is R$20.00 (+22.55%).

Price Target: R$16.30 (-0.12%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
PriceR$13.00R$16.30R$16.50R$20.00
Change-20.34%-0.12%+1.10%+22.55%

Analyst Ratings

The average analyst rating for Ambev stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111111
Buy332222
Hold109101098
Sell000001
Strong Sell455566
Total181818181818

Financial Forecast

Revenue This Year
90.54B
from 88.24B
Increased by 2.60%
Revenue Next Year
94.96B
from 90.54B
Increased by 4.89%
EPS This Year
1.05
from 0.93
Increased by 12.52%
EPS Next Year
1.12
from 1.05
Increased by 7.50%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
72.85B79.71B79.74B89.45B88.24B90.54B
Revenue Growth
24.80%9.41%0.03%12.19%-1.35%2.60%
Gross Profit
37.19B39.29B40.45B45.84B45.38B47.50B
Gross Margin
51.05%49.29%50.72%51.24%51.42%52.46%
Operating Income
17.29B17.63B18.84B21.67B22.48B24.07B
Net Income
12.67B14.46B14.50B14.44B15.50B16.10B
EPS
----0.931.05
EPS Growth
----2.20%12.52%
Forward PE
20.1317.6214.4012.1214.5415.60
Dividend / Share
0.600.760.730.671.110.94
Dividend Growth
23.08%26.29%-4.21%-8.57%66.88%-15.19%
Free Cash Flow
----19.86B19.72B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is BRL.

Revenue Forecast

Revenue202620272028
High94.2B
Avg90.5B
Low88.4B

Revenue Growth

Revenue Growth202620272028
High
6.8%
Avg
2.6%
Low
0.2%

EPS Forecast

EPS202620272028
High1.13
Avg1.05
Low1.00

EPS Growth

EPS Growth202620272028
High
21.5%
Avg
12.5%
Low
7.5%