Fomento Económico Mexicano, S.A.B. de C.V. (FMX)
NYSE: FMX · Real-Time Price · USD
85.32
-1.96 (-2.25%)
Jan 31, 2025, 4:00 PM EST - Market closed
FMX Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for FMX stock have an average target of 108.27, with a low estimate of 97.8 and a high estimate of 118. The average target predicts an increase of 26.90% from the current stock price of 85.32.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for FMX stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 4 | 4 | 4 | 4 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $109 → $98 | Strong Buy | Maintains | $109 → $98 | +14.63% | Jan 28, 2025 |
| Barclays | Barclays | Buy Maintains $125 → $118 | Buy | Maintains | $125 → $118 | +38.30% | Oct 30, 2024 |
| Barclays | Barclays | Buy Maintains $145 → $125 | Buy | Maintains | $145 → $125 | +46.51% | Oct 14, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $104 → $109 | Buy → Hold | Downgrades | $104 → $109 | +27.75% | Sep 23, 2024 |
| Barclays | Barclays | Buy Maintains $160 → $145 | Buy | Maintains | $160 → $145 | +69.95% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
792.83B
from 702.69B
Increased by 12.83%
Revenue Next Year
870.83B
from 792.83B
Increased by 9.84%
EPS This Year
9.69
from 18.36
Decreased by -47.22%
EPS Next Year
10.16
from 9.69
Increased by 4.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 846.1B | 937.6B | 1.0T | |||
| Avg | 792.8B | 870.8B | 932.5B | |||
| Low | 618.2B | 666.6B | 725.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 20.4% | 18.3% | 16.2% | |||
| Avg | 12.8% | 9.8% | 7.1% | |||
| Low | -12.0% | -15.9% | -16.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.95 | 11.88 | 12.47 |
| Avg | 9.69 | 10.16 | 10.57 |
| Low | 7.54 | 8.10 | 8.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -40.3% | 22.6% | 22.7% |
| Avg | -47.2% | 4.9% | 4.0% |
| Low | -58.9% | -16.4% | -15.0% |
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.