Fomento Económico Mexicano, S.A.B. de C.V. (FMX)

FMX Stock Forecast

Stock Price Forecast

The 6 analysts that cover FMX stock have a consensus rating of "Buy" and an average price target of $108.5, which forecasts a -3.41% decrease in the stock price over the next year. The lowest target is $97 and the highest is $128.

Price Target: $108.5 (-3.41%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$97	$108.5	$111	$128
Change	-13.65%	-3.41%	-1.18%	+13.95%

Analyst Ratings

The average analyst rating for FMX stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	3	3	3	3	3	3
Buy	1	1	1	1	1	1
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thiago Bortoluci Goldman Sachs	Goldman Sachs	Strong Buy Maintains $113 → $128	Strong Buy	Maintains	$113 → $128	+13.95%	Feb 11, 2026
Benjamin Theurer Barclays	Barclays	Hold Maintains $105 → $116	Hold	Maintains	$105 → $116	+3.27%	Feb 10, 2026
Benjamin Theurer Barclays	Barclays	Hold Maintains $107 → $105	Hold	Maintains	$107 → $105	-6.53%	Nov 3, 2025
Joseph Giordano JP Morgan	JP Morgan	Hold Maintains $96 → $102	Hold	Maintains	$96 → $102	-9.20%	Oct 20, 2025
Rodrigo Alcantara UBS	UBS	Hold → Strong Buy Upgrades $115 → $111	Hold → Strong Buy	Upgrades	$115 → $111	-1.18%	Sep 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

923.90B

Increased by 9.86%

from 840.95B

Revenue Next Year

987.88B

Increased by 6.92%

from 923.90B

EPS This Year

8.98

Increased by 60.28%

from 5.60

EPS Next Year

10.31

Increased by 14.88%

from 8.98

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	505.46B	597.01B	702.69B	781.59B	840.95B	923.90B	987.88B
Revenue Growth	2.53%	18.11%	17.70%	11.23%	7.60%	9.86%	6.92%
EPS	7.96	6.68	18.36	7.47	5.60	8.98	10.31
EPS Growth	-	-16.09%	174.75%	-59.30%	-25.04%	60.28%	14.88%
Forward PE	-	-	-	-	-	220.18	191.67
No. Analysts	-	-	-	-	-	13	11

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	1.0T	1.1T
Avg	923.9B	987.9B
Low	712.6B	766.8B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	19.6%	17.2%
Avg	9.9%	6.9%
Low	-15.3%	-17.0%

EPS Forecast

EPS	2026	2027
High	10.79	14.28
Avg	8.98	10.31
Low	6.81	7.62

EPS Growth

EPS Growth	2026	2027
High	92.7%	59.1%
Avg	60.3%	14.9%
Low	21.6%	-15.1%

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.