Anheuser-Busch InBev SA/NV (BUD)

NYSE: BUD · IEX Real-Time Price · USD
57.30
-0.70 (-1.22%)
Apr 16, 2024, 1:49 PM EDT - Market open
-1.22%
Market Cap 118.53B
Revenue (ttm) 59.38B
Net Income (ttm) 5.34B
Shares Out 2.07B
EPS (ttm) 2.60
PE Ratio 22.31
Forward PE 17.24
Dividend $0.82 (1.44%)
Ex-Dividend Date May 3, 2023
Volume 899,540
Open 57.53
Previous Close 58.00
Day's Range 57.09 - 57.56
52-Week Range 51.66 - 66.56
Beta 0.98
Analysts Strong Buy
Price Target 71.70 (+25.14%)
Earnings Date May 8, 2024

About BUD

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands. The company operates in North America, Middle America, South America, Europe, the Middle East, Africa, and the Asia Pacific. The c... [Read more]

CEO Michel Dimitrios Doukeris
Employees 154,450
Stock Exchange NYSE
Ticker Symbol BUD
Full Company Profile

Financial Performance

In 2023, BUD's revenue was $59.38 billion, an increase of 2.76% compared to the previous year's $57.79 billion. Earnings were $5.34 billion, a decrease of -10.52%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for BUD stock is "Strong Buy." The 12-month stock price forecast is $71.7, which is an increase of 25.14% from the latest price.

Price Target
$71.7
(25.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Opportunities in European-Based Stocks

The economy is the doldrums, but interest rate cuts are on the horizon, notes Michael Field. He discusses what ECB's latest rate pause means for investors.

Other symbols: ARM
4 days ago - Schwab Network

Jefferies' Ed Mundy breaks down the generational shift from beer to spirits

Ed Mundy, Jefferies managing director, joins 'Power Lunch' to discuss spirits outselling beer again in 2023, and what it means for the alcohol industry.

Other symbols: DEOSTZTAP
11 days ago - CNBC Television

Corona Announces Global Partnership with Tripadvisor to Encourage Travel to Nature

LONDON--(BUSINESS WIRE)-- #futurewithmorecheers--Corona, an AB InBev global brand, is once again putting its passion for nature into practice, through a global partnership with Tripadvisor, the world'...

Other symbols: TRIP
12 days ago - Business Wire

Bud Light brand slowly recovering in U.S.

CNBC's Brandon Gomez joins 'Power Lunch' to discuss the U.S. brand recovery of Bud Light after a boycott.

14 days ago - CNBC Television

Lido Advisors' Gina Sanchez offers 3 buys and a bail: Roche, TotalEnergies, AB InBev & Arm

Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss three buys and a bail, including Roche, TotalEnergies, AB InBev, and Arm.

Other symbols: RHHBYTTEARM
18 days ago - CNBC Television

Bud Light may lose 18% of grocery store shelf space after Dylan Mulvaney boycott

Bud Light will be squeezed out as store managers rearrange the beverages section to give more precious real estate to better-selling beers, according to a report.

19 days ago - New York Post

Constellation defeats InBev appeal over Corona, Modelo seltzer branding

A U.S. appeals court on Monday upheld a jury's verdict that Constellation Brands' Corona and Modelo hard seltzers do not violate the trademark rights of Anheuser Busch InBev's Grupo Modelo, the maker ...

Other symbols: STZ
22 days ago - Reuters

Altria cuts stake in AB InBev, shares dip amid secondary offering

Anheuser-Busch InBev (BUD) saw its American Depositary Receipts (ADRs) fall by over 5% on Thursday. The downturn followed the announcement from Altria (MO) that it would reduce its 10% stake in the wo...

Other symbols: MO
4 weeks ago - Invezz

Altria Group Plans to Sell 35M Shares of AB InBev (BUD)

AB InBev (BUD) is trading lower as investor Altria Group plans to sell 35M shares. The share sale would be worth about $2.26B at $64.55 Wed.

Other symbols: MO
4 weeks ago - Schwab Network

Budweiser-owner AB InBev slides 4% after trading suspension as Altria sells stake

Shares of AB InBev, the world's biggest brewer, slipped more than 4% Thursday as trading resumed following a brief suspension.

Other symbols: MO
4 weeks ago - CNBC

Marlboro maker to sell $2.3 billion worth of Bud Light maker's stock

Altria late Wednesday said it plans to sell part of its stake in Anheuser-Busch InBev, which it will use to buy back its own stock.

Other symbols: MO
4 weeks ago - Market Watch

Dylan Mulvaney says she tried to ‘fix' the Bud Light boycott by pitching ad where a cowboy and trans person share a beer

Transgender social media star Dylan Mulvaney revealed that she pitched a "Western commercial" to Bud Light where a cowboy and a trans person share a beer -- but the company "didn't reach out."

4 weeks ago - New York Post

Bud Stock Drops. A Major Shareholder Is Selling Down Its Stake.

Anheuser-Busch InBev shares were dropping early on Thursday. It was hit by news that tobacco company Altria Group intends to sell down a significant portion of its holding in the Budweiser brewer.

4 weeks ago - Barrons

Altria Group Plans to Sell Part of Anheuser-Busch Stake

Altria Group plans to sell 18%, or over $2 billion worth, of its large stake in Anheuser-Busch InBev in a secondary offering as it looks to return more cash to shareholders.

Other symbols: MO
4 weeks ago - WSJ

What's Next For Anheuser-Busch InBev (BUD) Stock After A 7% Fall This Year Despite Q4 Earnings Beat?

Anheuser-Busch InBev stock (NYSE: BUD) recently reported its Q4 results, with revenues falling short but earnings beating the street estimates. The company reported revenue of $14.5 billion and an adj...

5 weeks ago - Forbes

Teamsters union members ratify US agreement with AB InBev

The Teamsters union said on Tuesday its members approved a five-year agreement with Anheuser-Busch Inbev , ratifying a deal that includes pay hikes and improved healthcare for workers at the brewer's ...

5 weeks ago - Reuters

Teamsters ratify 5-year labor agreement with Anheuser-Busch, avoiding strike

ST. LOUIS — Teamsters working for Budweiser brewer Anheuser-Busch on Tuesday voted to ratify a labor agreement with the company, the union said.

5 weeks ago - Market Watch

Here's how much money Bud Light lost from recent boycott

Bud Light's sales took a hit after facing backlash for its campaign with a transgender influencer.

6 weeks ago - The Street

Bud Light's Dylan Mulvaney fiasco cost Anheuser-Busch more than $1B in sales last year

Bud Light-parent Anheuser-Busch InBev may have lost more than $1 billion in sales because of its ill-fated advertisement featuring transgender influencer Dylan Mulvaney. In North America, organic reve...

6 weeks ago - New York Post

Bud Light remains drag on parent company as Dylan Mulvaney hit lingers

Anheuser-Busch InBev continues to suffer from the boycott against its Bud Light brand nearly a year after its controversial partnership with transgender influencer Dylan Mulvaney.

6 weeks ago - Fox Business

Bud Light Sales Keep Falling. It's Not All Bad News for the Brewer.

The beer brand is still suffering a year after its involvement with transgender influencer Dylan Mulvaney triggered a boycott.

6 weeks ago - Barrons

Anheuser-Busch, Teamsters reach labor agreement that avoids US strike

Budweiser brewer Anheuser-Busch has reached a contract agreement with the Teamsters union that avoids a strike at its US plants.

6 weeks ago - New York Post

Top brewer AB InBev hikes dividend, but no new share buyback

Anheuser-Busch InBev raised its annual dividend by 9% on Thursday, though analysts warned investors may be disappointed by the absence of a new share buyback and worse-than-expected U.S. sales.

6 weeks ago - Reuters

Budweiser owner AB InBev's annual sales slide, revenue climbs on price hikes

The world's biggest brewer saw annual revenue of $59.38 billion, up 7.8% but shy of analyst expectations.

6 weeks ago - CNBC

Bud Light parent company Anheuser-Busch, Teamsters reach agreement day before contract expiration

Anheuser-Busch reached a tentative agreement with the Teamsters union a day before its single master contract for all 12 U.S. locations was set to expire on Feb. 29.

6 weeks ago - Fox Business