Ambev S.A. (ABEV)
NYSE: ABEV · Real-Time Price · USD
2.060
+0.030 (1.48%)
At close: Dec 20, 2024, 4:00 PM
2.070
+0.010 (0.50%)
After-hours: Dec 20, 2024, 7:13 PM EST

Ambev Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Ambev stock has a target of 2.50, which predicts an increase of 21.36% from the current stock price of 2.06.

Analyst Consensus: Hold
Target Low Average Median High
Price $2.50 $2.50 $2.50 $2.50
Change +21.36% +21.36% +21.36% +21.36%
* Price targets were last updated on May 9, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Ambev is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000000
Buy 111110
Hold 222221
Sell 000000
Strong Sell 000000
Total 333331

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$3$2.5
Hold Maintains $3$2.5 +21.36% May 9, 2024
Barclays
Barclays
Hold
Downgrades
$3.5$3
Hold Downgrades $3.5$3 +45.63% Mar 4, 2024
Jefferies
Jefferies
Hold
Initiates
$2.86
Hold Initiates $2.86 +38.83% Nov 22, 2023
Bernstein
Bernstein
Buy
Initiates
$3.74
Buy Initiates $3.74 +81.55% May 24, 2023
JP Morgan
JP Morgan
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Jul 13, 2022
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
52.01B58.38B72.85B79.71B79.74B88.80B93.81B100.14B
Revenue Growth
3.53%12.26%24.80%9.41%0.04%11.37%5.64%6.75%
EPS
0.740.720.800.910.920.941.011.10
EPS Growth
7.05%-3.39%11.42%14.17%0.36%2.60%7.75%8.27%
Forward PE
-----13.3512.3911.44
No. Analysts -----171714
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
18.0%
13.8%
16.4%
Avg
11.4%
5.6%
6.8%
Low
-0.8%
-5.2%
-4.7%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.