Ambev S.A. (ABEV)

Ambev Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Ambev stock has a target of 2.00, which predicts an increase of 8.11% from the current stock price of 1.85.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$2.00	$2.00	$2.00	$2.00
Change	+8.11%	+8.11%	+8.11%	+8.11%

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	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	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
Renata Cabral Citigroup	Citigroup	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jan 22, 2025
Benjamin Theurer Barclays	Barclays	Hold Maintains $2.5 → $2	Hold	Maintains	$2.5 → $2	+8.11%	Jan 21, 2025
Benjamin Theurer Barclays	Barclays	Hold Maintains $3 → $2.5	Hold	Maintains	$3 → $2.5	+35.14%	May 9, 2024
Benjamin Theurer Barclays	Barclays	Buy → Hold Downgrades $3.5 → $3	Buy → Hold	Downgrades	$3.5 → $3	+62.16%	Mar 4, 2024
Alex Wright Jefferies	Jefferies	Hold Initiates $2.86	Hold	Initiates	$2.86	+54.59%	Nov 22, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

89.44B

Increased by 12.17%

from 79.74B

Revenue Next Year

94.62B

Increased by 5.79%

from 89.44B

EPS This Year

0.94

Increased by 2.60%

from 0.92

EPS Next Year

1.01

Increased by 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	89.44B	94.62B	99.81B
Revenue Growth	3.53%	12.26%	24.80%	9.41%	0.04%	12.17%	5.79%	5.48%
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	-	-	-	-	-	11.50	10.68	9.86
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	2027	2028
High	93.3B	99.4B	108.0B
Avg	89.4B	94.6B	99.8B
Low	81.2B	86.4B	90.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	17.0%	11.2%	14.1%
Avg	12.2%	5.8%	5.5%
Low	1.8%	-3.4%	-4.2%

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.