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 a decrease of -10.31% from the current stock price of 2.23.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$2.00	$2.00	$2.00	$2.00
Change	-10.31%	-10.31%	-10.31%	-10.31%

* Price targets were last updated on Jan 21, 2025.

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	0	0	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	2	2	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	-10.31%	Jan 21, 2025
Benjamin Theurer Barclays	Barclays	Hold Maintains $3 → $2.5	Hold	Maintains	$3 → $2.5	+12.11%	May 9, 2024
Benjamin Theurer Barclays	Barclays	Buy → Hold Downgrades $3.5 → $3	Buy → Hold	Downgrades	$3.5 → $3	+34.53%	Mar 4, 2024
Alex Wright Jefferies	Jefferies	Hold Initiates $2.86	Hold	Initiates	$2.86	+28.25%	Nov 22, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

95.60B

Increased by 6.88%

from 89.45B

Revenue Next Year

101.15B

Increased by 5.80%

from 95.60B

EPS This Year

1.01

Increased by 10.23%

from 0.91

EPS Next Year

1.06

Increased by 4.85%

from 1.01

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	58.38B	72.85B	79.71B	79.74B	89.45B	95.60B	101.15B	108.33B
Revenue Growth	12.26%	24.80%	9.41%	0.04%	12.18%	6.88%	5.80%	7.10%
EPS	0.72	0.80	0.91	0.92	0.91	1.01	1.06	1.28
EPS Growth	-3.39%	11.42%	14.17%	0.36%	-0.30%	10.23%	4.85%	21.47%
Forward PE	-	-	-	-	-	12.83	12.23	10.07
No. Analysts	-	-	-	-	-	15	13	5

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	101.9B	109.6B	114.1B
Avg	95.6B	101.1B	108.3B
Low	86.6B	90.9B	98.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	13.9%	14.7%	12.8%
Avg	6.9%	5.8%	7.1%
Low	-3.2%	-5.0%	-2.4%

EPS Forecast

EPS	2025	2026	2027	2028
High	1.10	1.18	1.35
Avg	1.01	1.06	1.28
Low	0.91	0.88	1.18

EPS Growth

EPS Growth	2025	2026	2027	2028
High	20.8%	16.9%	28.0%
Avg	10.2%	4.9%	21.5%
Low	0.2%	-12.4%	11.7%

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.