Ambev S.A. (BVMF:ABEV3)
Brazil flag Brazil · Delayed Price · Currency is BRL
16.29
-0.30 (-1.81%)
Jun 30, 2026, 5:05 PM GMT-3

Ambev Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Ambev stock has a consensus rating of "Hold" and an average price target of R$16.17. The average 1-year stock price forecast is 0.74% lower than the current stock price, while the lowest is R$12.50 (-23.27%) and the highest is R$20.00 (+22.77%).

Price Target: R$16.17 (-0.74%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
PriceR$12.50R$16.17R$16.00R$20.00
Change-23.27%-0.74%-1.78%+22.77%

Analyst Ratings

The average analyst rating for Ambev stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy011111
Buy222233
Hold13121211109
Sell000000
Strong Sell333445
Total181818181818

Financial Forecast

Revenue This Year
92.06B
from 88.24B
Increased by 4.32%
Revenue Next Year
96.36B
from 92.06B
Increased by 4.67%
EPS This Year
1.03
from 0.93
Increased by 11.22%
EPS Next Year
1.12
from 1.03
Increased by 8.40%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
72.85B79.71B79.74B89.45B88.24B92.06B
Revenue Growth
24.80%9.41%0.03%12.19%-1.35%4.32%
Gross Profit
37.19B39.29B40.45B45.84B45.38B48.05B
Gross Margin
51.05%49.29%50.72%51.24%51.42%52.20%
Operating Income
17.29B17.63B18.84B21.67B22.48B24.33B
Net Income
12.67B14.46B14.50B14.44B15.50B15.93B
EPS
----0.931.03
EPS Growth
----2.20%11.22%
Forward PE
20.1317.6214.4012.1214.5415.75
Dividend / Share
0.600.760.730.671.110.92
Dividend Growth
-26.29%-4.21%-8.57%66.88%-17.73%
Free Cash Flow
11.74B8.45B13.43B19.34B12.53B22.21B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is BRL.

Revenue Forecast

Revenue202620272028
High94.2B
Avg92.1B
Low89.2B

Revenue Growth

Revenue Growth202620272028
High
6.8%
Avg
4.3%
Low
1.1%

EPS Forecast

EPS202620272028
High1.19
Avg1.03
Low0.92

EPS Growth

EPS Growth202620272028
High
28.0%
Avg
11.2%
Low
-1.1%