Ambev S.A. (ABEV)
NYSE: ABEV · IEX Real-Time Price · USD
2.060
+0.020 (0.98%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Ambev Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Ambev stock have an average target of 2.68, with a low estimate of 2.50 and a high estimate of 2.86. The average target predicts an increase of 30.10% from the current stock price of 2.06.
Analyst Consensus: Hold
* Price targets were last updated on May 9, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 2 |
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 | Buy → Hold Downgrades $3.5 → $3 | Buy → 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 | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jul 13, 2022 |
Financial Forecast
Revenue This Year
87.19B
from 79.74B
Increased by 9.35%
Revenue Next Year
92.23B
from 87.19B
Increased by 5.78%
EPS This Year
0.95
from 0.92
Increased by 3.18%
EPS Next Year
1.01
from 0.95
Increased by 7.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 92.1B | 98.3B | 109.2B | 113.8B | 119.3B |
| Avg | 87.2B | 92.2B | 98.3B | 108.8B | 113.7B |
| Low | 77.4B | 80.9B | 85.5B | 100.2B | 105.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.5% | 12.7% | 18.4% | 15.7% | 9.6% |
| Avg | 9.4% | 5.8% | 6.6% | 10.7% | 4.5% |
| Low | -2.9% | -7.2% | -7.3% | 1.9% | -3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.04 | 1.14 | 1.29 | 1.33 | 1.49 |
| Avg | 0.95 | 1.01 | 1.11 | 1.28 | 1.43 |
| Low | 0.81 | 0.86 | 0.91 | 1.20 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.3% | 21.1% | 27.6% | 19.5% | 16.6% |
| Avg | 3.2% | 7.1% | 9.6% | 15.3% | 11.4% |
| Low | -11.2% | -8.7% | -9.9% | 7.9% | 3.2% |
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.