Fomento Económico Mexicano, S.A.B. de C.V. (FMX)
NYSE: FMX · Real-Time Price · USD
84.47
-0.51 (-0.59%)
Jan 22, 2025, 2:58 PM EST - Market open
FMX Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for FMX stock have an average target of 113.5, with a low estimate of 109 and a high estimate of 118. The average target predicts an increase of 34.38% from the current stock price of 84.47.
Analyst Consensus: Buy
* Price targets were last updated on Oct 30, 2024.
Analyst Ratings
The average analyst rating for FMX stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 4 | 4 | 4 | 4 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $125 → $118 | Buy | Maintains | $125 → $118 | +39.70% | Oct 30, 2024 |
| Barclays | Barclays | Buy Maintains $145 → $125 | Buy | Maintains | $145 → $125 | +47.99% | Oct 14, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $104 → $109 | Buy → Hold | Downgrades | $104 → $109 | +29.05% | Sep 23, 2024 |
| Barclays | Barclays | Buy Maintains $160 → $145 | Buy | Maintains | $160 → $145 | +71.67% | Jul 15, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Feb 9, 2024 |
Financial Forecast
Revenue This Year
792.83B
from 702.69B
Increased by 12.83%
Revenue Next Year
870.83B
from 792.83B
Increased by 9.84%
EPS This Year
9.52
from 18.36
Decreased by -48.16%
EPS Next Year
10.41
from 9.52
Increased by 9.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 846.1B | 937.6B | 1.0T | |||
| Avg | 792.8B | 870.8B | 932.5B | |||
| Low | 618.2B | 666.6B | 725.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 20.4% | 18.3% | 16.2% | |||
| Avg | 12.8% | 9.8% | 7.1% | |||
| Low | -12.0% | -15.9% | -16.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.50 | 11.88 | 12.36 |
| Avg | 9.52 | 10.41 | 10.61 |
| Low | 7.54 | 8.10 | 8.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -42.8% | 24.8% | 18.7% |
| Avg | -48.2% | 9.4% | 1.9% |
| Low | -58.9% | -14.8% | -17.0% |
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.