Ambev S.A. (ABEV)
NYSE: ABEV · Real-Time Price · USD
2.190
+0.040 (1.86%)
Nov 22, 2024, 4:00 PM EST - 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 22.37% from the current stock price of 2.19.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '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 | +14.16% | May 9, 2024 |
| Barclays | Barclays | Buy → Hold Downgrades $3.5 → $3 | Buy → Hold | Downgrades | $3.5 → $3 | +36.99% | Mar 4, 2024 |
| Jefferies | Jefferies | Hold Initiates $2.86 | Hold | Initiates | $2.86 | +30.59% | Nov 22, 2023 |
| Bernstein | Bernstein | Buy Initiates $3.74 | Buy | Initiates | $3.74 | +70.78% | 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
88.80B
from 79.74B
Increased by 11.37%
Revenue Next Year
93.81B
from 88.80B
Increased by 5.64%
EPS This Year
0.94
from 0.92
Increased by 2.60%
EPS Next Year
1.01
from 0.94
Increased by 7.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 94.1B | 101.0B | 109.2B | ||
| Avg | 88.8B | 93.8B | 100.1B | ||
| Low | 79.1B | 84.2B | 89.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.0% | 13.8% | 16.4% | ||
| Avg | 11.4% | 5.6% | 6.8% | ||
| Low | -0.8% | -5.2% | -4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.02 | 1.21 | 1.29 | ||
| Avg | 0.94 | 1.01 | 1.10 | ||
| Low | 0.81 | 0.90 | 0.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.2% | 28.5% | 27.6% | ||
| Avg | 2.6% | 7.8% | 8.3% | ||
| Low | -11.2% | -4.0% | -12.9% |
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.