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 $100.97, which forecasts a 6.18% increase in the stock price over the next year. The lowest target is $96 and the highest is $111.

Price Target: $100.97 (+6.18%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$96	$100.97	$97.8	$111
Change	+0.96%	+6.18%	+2.85%	+16.73%

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	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	1	1	1	1	1	3
Buy	1	1	1	1	1	1
Hold	3	3	3	3	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	6	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rodrigo Alcantara UBS	UBS	Hold → Strong Buy Upgrades $115 → $111	Hold → Strong Buy	Upgrades	$115 → $111	+16.73%	Sep 19, 2025
Joseph Giordano JP Morgan	JP Morgan	Hold Maintains $95 → $96	Hold	Maintains	$95 → $96	+0.96%	Sep 15, 2025
Renata Cabral Citigroup	Citigroup	Hold → Strong Buy Upgrades $93 → $97	Hold → Strong Buy	Upgrades	$93 → $97	+2.01%	Sep 9, 2025
Ricardo Alves Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $132 → $97	Buy → Hold	Downgrades	$132 → $97	+2.01%	Aug 19, 2025
Benjamin Theurer Barclays	Barclays	Hold Maintains $110 → $107	Hold	Maintains	$110 → $107	+12.52%	Jul 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

880.05B

Increased by 12.60%

from 781.59B

Revenue Next Year

957.31B

Increased by 8.78%

from 880.05B

EPS This Year

8.71

Increased by 16.57%

from 7.47

EPS Next Year

10.13

Increased by 16.31%

from 8.71

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	492.97B	505.46B	597.01B	702.69B	781.59B	880.05B	957.31B
Revenue Growth	-2.71%	2.53%	18.11%	17.70%	11.23%	12.60%	8.78%
EPS	-0.54	7.96	6.68	18.36	7.47	8.71	10.13
EPS Growth	-	-	-16.09%	174.75%	-59.30%	16.57%	16.31%
Forward PE	-	-	-	-	-	200.74	172.59
No. Analysts	-	-	-	-	-	14	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	933.4B	1.0T
Avg	880.0B	957.3B
Low	816.7B	884.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	19.4%	17.0%
Avg	12.6%	8.8%
Low	4.5%	0.5%

EPS Forecast

EPS	2025	2026	2027
High	11.36	13.20
Avg	8.71	10.13
Low	6.71	8.69

EPS Growth

EPS Growth	2025	2026	2027
High	52.1%	51.5%
Avg	16.6%	16.3%
Low	-10.2%	-0.2%

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.