Fomento Económico Mexicano, S.A.B. de C.V. (FMX)
NYSE: FMX · Real-Time Price · USD
114.83
-0.36 (-0.31%)
Oct 2, 2026, 10:43 AM EDT - Market open

FMX Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, FMX stock has a consensus rating of "Buy" and an average price target of $134.14. The average 1-year stock price forecast is 16.82% higher than the current stock price, while the lowest is $111 (-3.34%) and the highest is $152 (+32.37%).

Price Target: $134.14 (+16.82%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$111$134.14$134$152
Change-3.34%+16.82%+16.69%+32.37%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy666555
Buy333222
Hold655777
Sell011111
Strong Sell000000
Total151515151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Reiterates
$139 → $130
HoldReiterates$139 → $130+13.21%Oct 1, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$127 → $131
HoldMaintains$127 → $131+14.08%Aug 17, 2026
Unknown Analyst
Banco Santander
No rating
Banco Santander
Hold
Downgrades
$130
HoldDowngrades$130+13.21%Aug 11, 2026
Bank of America Securities
Bank of America Securities
Buy
Upgrades
$125 → $150
BuyUpgrades$125 → $150+30.63%Aug 4, 2026
Barclays
Barclays
Hold
Maintains
$130 → $138
HoldMaintains$130 → $138+20.18%Jul 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
901.96B
from 840.95B
Increased by 7.25%
Revenue Next Year
971.90B
from 901.96B
Increased by 7.75%
EPS This Year
10.70
from 5.15
Increased by 107.91%
EPS Next Year
9.24
from 10.70
Decreased by -13.66%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
505.46B597.01B702.69B781.59B840.95B901.96B
Revenue Growth
2.53%18.11%17.70%11.23%7.60%7.25%
Gross Profit
206.18B241.52B279.51B321.51B341.58B366.33B
Gross Margin
40.79%40.45%39.78%41.14%40.62%40.61%
Operating Income
52.39B62.74B54.45B64.39B68.56B79.78B
Net Income
28.50B23.91B65.69B26.74B19.43B33.69B
EPS
----5.1510.70
EPS Growth
-----34.42%107.91%
Forward PE
-----194.37
Dividend / Share
3.403.664.404.58-13.00
Free Cash Flow
----32.88B24.34B
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is MXN.

Revenue Forecast

Revenue202620272028
High910.3B
Avg902.0B
Low891.4B

Revenue Growth

Revenue Growth202620272028
High
8.2%
Avg
7.3%
Low
6.0%

EPS Forecast

EPS202620272028
High10.76
Avg10.70
Low10.63

EPS Growth

EPS Growth202620272028
High
109.1%
Avg
107.9%
Low
106.5%