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 40.45% from the current stock price of 1.78.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$2.50	$2.50	$2.50	$2.50
Change	+40.45%	+40.45%	+40.45%	+40.45%

* 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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Benjamin Theurer Barclays	Barclays	Hold Maintains $3 → $2.5	Hold	Maintains	$3 → $2.5	+40.45%	May 9, 2024
Benjamin Theurer Barclays	Barclays	Buy → Hold Downgrades $3.5 → $3	Buy → Hold	Downgrades	$3.5 → $3	+68.54%	Mar 4, 2024
Alex Wright Jefferies	Jefferies	Hold Initiates $2.86	Hold	Initiates	$2.86	+60.67%	Nov 22, 2023
Nadine Sarwat Bernstein	Bernstein	Buy Initiates $3.74	Buy	Initiates	$3.74	+110.11%	May 24, 2023
Lucas Ferreira JP Morgan	JP Morgan	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Jul 13, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

89.48B

from 79.74B

12.22%

from 79.74B

Revenue Next Year

94.45B

from 89.48B

5.55%

from 89.48B

EPS This Year

0.94

from 0.92

2.60%

from 0.92

EPS Next Year

1.01

from 0.94

7.75%

from 0.94

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	52.01B	58.38B	72.85B	79.71B	79.74B	89.48B	94.45B	99.81B
Revenue Growth	3.53%	12.26%	24.80%	9.41%	0.04%	12.22%	5.55%	5.68%
EPS	0.74	0.72	0.80	0.91	0.92	0.94	1.01	1.10
EPS Growth	7.05%	-3.39%	11.42%	14.17%	0.36%	2.60%	7.75%	8.27%
Forward PE	-	-	-	-	-	11.57	10.74	9.92
No. Analysts	-	-	-	-	-	17	17	14

Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	93.3B	99.4B	108.0B
Avg	89.5B	94.4B	99.8B
Low	81.2B	86.4B	90.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	17.0%	11.1%	14.3%
Avg	12.2%	5.6%	5.7%
Low	1.8%	-3.4%	-4.1%

EPS Forecast

EPS	2024	2025	2026
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
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.