Ambev S.A. (ABEV)

Ambev Stock Forecast

Stock Price Forecast

The 2 analysts that cover Ambev stock have a consensus rating of "Sell" and an average price target of $3.19, which forecasts a -6.18% decrease in the stock price over the next year. The lowest target is $2.88 and the highest is $3.50.

Price Target: $3.19 (-6.18%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$2.88	$3.19	$3.50	$3.50
Change	-15.29%	-6.18%	+2.94%	+2.94%

Analyst Ratings

The average analyst rating for Ambev stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	5	4	4	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	1	1
Total	5	5	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Benjamin Theurer Barclays	Barclays	Hold Maintains $3 → $3.5	Hold	Maintains	$3 → $3.5	+2.94%	May 6, 2026
Rodrigo Alcantara UBS	UBS	Hold → Strong Sell Downgrades n/a	Hold → Strong Sell	Downgrades	n/a	n/a	Apr 16, 2026
Benjamin Theurer Barclays	Barclays	Hold Maintains $2.5 → $3	Hold	Maintains	$2.5 → $3	-11.76%	Feb 17, 2026
Nadine Sarwat Bernstein	Bernstein	Buy → Hold Downgrades $2.88	Buy → Hold	Downgrades	$2.88	-15.29%	Nov 26, 2025
Rodrigo Alcantara UBS	UBS	Hold Maintains $2.5 → $2.2	Hold	Maintains	$2.5 → $2.2	-35.29%	Aug 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

94.98B

Increased by 7.64%

from 88.24B

Revenue Next Year

99.91B

Increased by 5.19%

from 94.98B

EPS This Year

1.03

Increased by 4.34%

from 0.99

EPS Next Year

1.11

Increased by 7.30%

from 1.03

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	72.85B	79.71B	79.74B	89.45B	88.24B	94.98B	99.91B
Revenue Growth	24.80%	9.41%	0.03%	12.19%	-1.35%	7.64%	5.19%
EPS	0.80	0.91	0.92	0.91	0.99	1.03	1.11
EPS Growth	11.42%	14.17%	0.36%	-0.30%	8.28%	4.34%	7.30%
Forward PE	-	-	-	-	-	16.27	15.16
No. Analysts	-	-	-	-	-	17	16

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	100.1B	106.6B
Avg	95.0B	99.9B
Low	87.4B	89.9B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	13.5%	12.2%
Avg	7.6%	5.2%
Low	-1.0%	-5.4%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	1.18	1.24
Avg	1.03	1.11
Low	0.90	0.91

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	19.0%	20.1%
Avg	4.3%	7.3%
Low	-8.8%	-11.6%

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 sources.