Ambev S.A. (ABEV)
NYSE: ABEV · Real-Time Price · USD
2.360
+0.030 (1.29%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Ambev Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Ambev stock have an average target of 2.68, with a low estimate of 2.50 and a high estimate of 2.86. The average target predicts an increase of 13.56% from the current stock price of 2.36.
Analyst Consensus: Hold
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for Ambev stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $3 → $2.5 | Hold | Maintains | $3 → $2.5 | +5.93% | May 9, 2024 |
| Barclays | Barclays | Buy → Hold Downgrades $3.5 → $3 | Buy → Hold | Downgrades | $3.5 → $3 | +27.12% | Mar 4, 2024 |
| Jefferies | Jefferies | Hold Initiates $2.86 | Hold | Initiates | $2.86 | +21.19% | Nov 22, 2023 |
| Bernstein | Bernstein | Buy Initiates $3.74 | Buy | Initiates | $3.74 | +58.47% | May 24, 2023 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jul 13, 2022 |
Financial Forecast
Revenue This Year
88.10B
from 79.74B
Increased by 10.49%
Revenue Next Year
93.20B
from 88.10B
Increased by 5.79%
EPS This Year
0.94
from 0.92
Increased by 2.87%
EPS Next Year
1.01
from 0.94
Increased by 6.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 93.6B | 100.1B | 108.3B | ||
| Avg | 88.1B | 93.2B | 99.8B | ||
| Low | 79.1B | 84.2B | 89.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.4% | 13.6% | 16.2% | ||
| Avg | 10.5% | 5.8% | 7.1% | ||
| Low | -0.8% | -4.5% | -4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.06 | 1.14 | 1.29 | ||
| Avg | 0.94 | 1.01 | 1.10 | ||
| Low | 0.81 | 0.87 | 0.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.8% | 21.5% | 28.4% | ||
| Avg | 2.9% | 6.8% | 9.7% | ||
| Low | -11.2% | -7.4% | -15.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.