Asahi Group Holdings Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, Asahi Group Holdings stock has a consensus rating of "Buy" and an average price target of ¥2,075. The average 1-year stock price forecast is 37.42% higher than the current stock price, while the lowest is ¥1,600 (+5.96%) and the highest is ¥2,800 (+85.43%).

Price Target: ¥2,075 (+37.42%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥1,600	¥2,075	¥2,100	¥2,800
Change	+5.96%	+37.42%	+39.07%	+85.43%

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	6	6	7	7	7	7
Buy	4	4	4	4	4	4
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	15	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Citi No rating	Citi	Hold Maintains ¥1,600	Hold	Maintains	¥1,600	+5.96%	Jun 8, 2026
Unknown Analyst Morgan Stanley No rating	Morgan Stanley	Buy Maintains ¥2,300	Buy	Maintains	¥2,300	+52.32%	May 11, 2026
Euan McLeish Bernstein	Bernstein	Buy Maintains ¥2,600	Buy	Maintains	¥2,600	+72.19%	Apr 16, 2026
Unknown Analyst Nomura No rating	Nomura	Hold Maintains ¥1,800	Hold	Maintains	¥1,800	+19.21%	Apr 10, 2026
Unknown Analyst UBS No rating	UBS	Buy Maintains ¥1,800 → ¥1,900	Buy	Maintains	¥1,800 → ¥1,900	+25.83%	Mar 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.88T

from 2.94T

-1.94%

from 2.94T

Revenue Next Year

3.09T

from 2.88T

7.27%

from 2.88T

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	2.03T	2.24T	2.51T	2.77T	2.94T	2.88T
Revenue Growth	-2.93%	10.27%	12.30%	10.27%	6.15%	-1.94%
Gross Profit	744.61B	852.88B	921.84B	998.93B	1.10T	1.07T
Gross Margin	36.72%	38.14%	36.71%	36.07%	37.34%	37.20%
Operating Income	142.15B	194.26B	226.00B	250.75B	260.49B	249.57B
Net Income	92.83B	153.50B	151.56B	164.07B	192.08B	141.01B
Dividend / Share	35.33	36.33	37.67	40.33	49.00	50.67
Dividend Growth	-	2.83%	3.67%	7.08%	21.49%	3.41%
Free Cash Flow	220.75B	259.06B	201.78B	207.47B	238.11B	104.10B
No. Analysts	-	-	-	-	-	8

Financial currency is JPY.

Revenue Forecast

Revenue	2025	2026	2027
High	2.9T
Avg	2.9T
Low	2.9T

Revenue Growth

Revenue Growth	2025	2026	2027
High	-1.4%
Avg	-1.9%
Low	-2.3%

EPS Forecast

EPS	2025	2026	2027
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2026	2027
High	-
Avg	-
Low	-