Ambev S.A. (ABEV)
NYSE: ABEV · IEX Real-Time Price · USD
2.320
+0.020 (0.87%)
At close: Apr 24, 2024, 4:00 PM
2.330
+0.010 (0.43%)
After-hours: Apr 24, 2024, 7:53 PM EDT
Ambev Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ambev stock have an average target of 3.20, with a low estimate of 2.86 and a high estimate of 3.74. The average target predicts an increase of 37.93% from the current stock price of 2.32.
Analyst Consensus: Hold
* Price targets were last updated on Mar 4, 2024.
Analyst Ratings
The average analyst rating for Ambev stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy → Hold Downgrades $3.5 → $3 | Buy → Hold | Downgrades | $3.5 → $3 | +29.31% | Mar 4, 2024 |
| Jefferies | Jefferies | Hold Initiates $2.86 | Hold | Initiates | $2.86 | +23.28% | Nov 22, 2023 |
| Bernstein | Bernstein | Buy Initiates $3.74 | Buy | Initiates | $3.74 | +61.21% | May 24, 2023 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jul 13, 2022 |
| Barclays | Barclays | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Oct 6, 2021 |
Financial Forecast
Revenue This Year
86.09B
from 79.74B
Increased by 7.97%
Revenue Next Year
90.46B
from 86.09B
Increased by 5.07%
EPS This Year
0.94
from 0.92
Increased by 2.27%
EPS Next Year
1.01
from 0.94
Increased by 8.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 94.6B | 98.3B | 103.3B | 117.1B |
| Avg | 86.1B | 90.5B | 96.1B | 109.3B |
| Low | 76.6B | 80.4B | 86.0B | 100.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.7% | 14.2% | 14.2% | 21.9% |
| Avg | 8.0% | 5.1% | 6.3% | 13.7% |
| Low | -3.9% | -6.7% | -4.9% | 4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.07 | 1.17 | 1.20 | 1.64 |
| Avg | 0.94 | 1.01 | 1.04 | 1.49 |
| Low | 0.81 | 0.90 | 0.90 | 1.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.9% | 24.4% | 18.3% | 57.6% |
| Avg | 2.3% | 8.0% | 3.1% | 42.6% |
| Low | -11.2% | -3.8% | -10.9% | 24.3% |
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.