Fomento Económico Mexicano, S.A.B. de C.V. (FMX)
NYSE: FMX · Real-Time Price · USD
132.48
+0.03 (0.02%)
Nov 11, 2026, 12:18 PM EST - 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 $135.93. The average 1-year stock price forecast is 2.60% higher than the current stock price, while the lowest is $106 (-19.99%) and the highest is $158 (+19.26%).

Price Target: $135.93 (+2.60%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$106$135.93$135$158
Change-19.99%+2.60%+1.90%+19.26%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy665555
Buy332233
Hold557766
Sell111111
Strong Sell000000
Total151515151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Maintains
$138 → $140
HoldMaintains$138 → $140+5.68%Nov 3, 2026
UBS
UBS
Hold
Reiterates
$130 → $134
HoldReiterates$130 → $134+1.15%Oct 23, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$142
BuyMaintains$142+7.19%Oct 21, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$126 → $151
BuyReiterates$126 → $151+13.98%Oct 16, 2026
Unknown Analyst
Banco Santander
No rating
Banco Santander
Hold
Downgrades
$130
HoldDowngrades$130-1.87%Aug 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
906.35B
from 840.95B
Increased by 7.78%
Revenue Next Year
977.85B
from 906.35B
Increased by 7.89%
EPS This Year
9.84
from 5.15
Increased by 91.18%
EPS Next Year
9.42
from 9.84
Decreased by -4.23%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
505.46B597.01B702.69B781.59B840.95B906.35B
Revenue Growth
2.53%18.11%17.70%11.23%7.60%7.78%
Gross Profit
206.18B241.52B279.51B321.51B341.58B368.58B
Gross Margin
40.79%40.45%39.78%41.14%40.62%40.67%
Operating Income
52.39B62.74B54.45B64.39B68.56B79.75B
Net Income
28.50B23.91B65.69B26.74B19.43B34.27B
EPS
----5.159.84
EPS Growth
-----34.42%91.18%
Forward PE
-----250.54
Dividend / Share
3.403.664.404.58-12.62
Free Cash Flow
----32.88B24.34B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is MXN.

Revenue Forecast

Revenue202620272028
High918.2B
Avg906.4B
Low891.4B

Revenue Growth

Revenue Growth202620272028
High
9.2%
Avg
7.8%
Low
6.0%

EPS Forecast

EPS202620272028
High10.82
Avg9.84
Low7.42

EPS Growth

EPS Growth202620272028
High
110.2%
Avg
91.2%
Low
44.2%