Anheuser-Busch InBev (ABI) Stock Overview
Produces and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
ABI Community Fair Values
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Analyst Price Targets
Top Community Narratives
Anheuser-Busch InBev SA/NV Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €71.64 |
| 52 Week High | €74.68 |
| 52 Week Low | €48.87 |
| Beta | 0.79 |
| 1 Month Change | -3.76% |
| 3 Month Change | 15.25% |
| 1 Year Change | 20.20% |
| 3 Year Change | 33.86% |
| 5 Year Change | 34.16% |
| Change since IPO | 103.52% |
Recent News & Updates
Narrative Update • Jul 21
ABI: Brewing Futures Investments Will Shape Skills And Support A Fair Outlook
Analysts have raised their price target for Anheuser-Busch InBev to €67.69 from €55.82, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E expectations. What’s in the News for Anheuser-Busch InBev Anheuser-Busch is investing $4 million in its Idaho Falls operations to support its malt plant, seed facility, and barley elevator, and is providing a €50,000 grant to the University of Idaho for barley fertilizer and nutrient management research, reinforcing a long-running partnership focused on soil health, emerging technologies, and agronomic practices.
Narrative Update • Jul 07
ABI: Premiumization And Digital Platforms Will Support Margin Expansion Potential
Analysts have lifted their fair value estimate for Anheuser-Busch InBev from about €83.85 to roughly €92.51, citing updated assumptions that combine slightly lower revenue growth with higher profit margins and a richer future P/E outlook. What’s in the News for Anheuser-Busch InBev Anheuser-Busch InBev is focusing on premiumization and digital expansion, with tech driven platforms such as BEES and Zé Delivery and premium brands like Corona, Stella Artois, and Michelob Ultra contributing meaningfully to revenue, according to recent news coverage.
Narrative Update • Jun 23
ABI: Premiumization And Digital Platforms Will Support Stronger Future Returns
The analyst price target for Anheuser-Busch InBev has been adjusted slightly higher to €79.73 from €78.66, with analysts citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E to support the new estimate. What’s in the News for Anheuser-Busch InBev AB InBev is focusing on premium and super premium beer brands such as Corona and Stella Artois, while expanding its Beyond Beer portfolio and digital platforms like BEES and Zé Delivery, according to recent coverage of its growth priorities.Narrative Update • Jun 05
ABI: US Brewery Investments And Workforce Training Will Support Stronger Returns
Analysts have lifted their price target for Anheuser-Busch InBev from about €74 to roughly €79, citing updated assumptions that include a higher fair value estimate, a slightly adjusted discount rate, modestly revised revenue growth, a somewhat stronger profit margin, and a higher future P/E multiple. What's in the News Anheuser-Busch InBev is committing more than $10.8 million to its Williamsburg, Virginia, and Columbus, Ohio breweries to increase production of Michelob ULTRA and related products, as part of the broader US$600 million Brewing Futures initiative across 2025 and 2026.Recent updates
Narrative Update • Jul 21
ABI: Brewing Futures Investments Will Shape Skills And Support A Fair Outlook
Analysts have raised their price target for Anheuser-Busch InBev to €67.69 from €55.82, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E expectations. What’s in the News for Anheuser-Busch InBev Anheuser-Busch is investing $4 million in its Idaho Falls operations to support its malt plant, seed facility, and barley elevator, and is providing a €50,000 grant to the University of Idaho for barley fertilizer and nutrient management research, reinforcing a long-running partnership focused on soil health, emerging technologies, and agronomic practices.Narrative Update • Jul 07
ABI: Premiumization And Digital Platforms Will Support Margin Expansion Potential
Analysts have lifted their fair value estimate for Anheuser-Busch InBev from about €83.85 to roughly €92.51, citing updated assumptions that combine slightly lower revenue growth with higher profit margins and a richer future P/E outlook. What’s in the News for Anheuser-Busch InBev Anheuser-Busch InBev is focusing on premiumization and digital expansion, with tech driven platforms such as BEES and Zé Delivery and premium brands like Corona, Stella Artois, and Michelob Ultra contributing meaningfully to revenue, according to recent news coverage.Narrative Update • Jun 23
ABI: Premiumization And Digital Platforms Will Support Stronger Future Returns
The analyst price target for Anheuser-Busch InBev has been adjusted slightly higher to €79.73 from €78.66, with analysts citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E to support the new estimate. What’s in the News for Anheuser-Busch InBev AB InBev is focusing on premium and super premium beer brands such as Corona and Stella Artois, while expanding its Beyond Beer portfolio and digital platforms like BEES and Zé Delivery, according to recent coverage of its growth priorities.Narrative Update • Jun 05
ABI: US Brewery Investments And Workforce Training Will Support Stronger Returns
Analysts have lifted their price target for Anheuser-Busch InBev from about €74 to roughly €79, citing updated assumptions that include a higher fair value estimate, a slightly adjusted discount rate, modestly revised revenue growth, a somewhat stronger profit margin, and a higher future P/E multiple. What's in the News Anheuser-Busch InBev is committing more than $10.8 million to its Williamsburg, Virginia, and Columbus, Ohio breweries to increase production of Michelob ULTRA and related products, as part of the broader US$600 million Brewing Futures initiative across 2025 and 2026.Analysis Article • May 08
Anheuser-Busch InBev SA/NV Just Recorded A 49% EPS Beat: Here's What Analysts Are Forecasting Next
As you might know, Anheuser-Busch InBev SA/NV ( EBR:ABI ) just kicked off its latest first-quarter results with some...
New Narrative • May 01
EU#8 - Anheuser-Busch InBev: Courage, Capital, and the Discipline to Build an Empire
EU#8 - Anheuser-Busch InBev: Courage, Capital, and the Discipline to Build an Empire It takes only three ingredients to brew beer: water, barley, and hops. But building a global beer empire is different.Narrative Update • Apr 26
ABI: U.S. Manufacturing Investments Will Support Stronger Future Returns
Narrative Update Overview The analyst price target for Anheuser-Busch InBev has been adjusted slightly lower, with the implied fair value moving from about €75.23 to €74.48 as analysts fine tuned assumptions around long term revenue growth, profit margins, and future P/E expectations. What's in the News Anheuser-Busch InBev plans to invest $600 million in its U.S. operations across 2025 and 2026 as part of its Brewing Futures initiative, focused on American manufacturing jobs and facilities (Key Developments).Narrative Update • Apr 12
ABI: Global Events Partnerships And Buybacks Will Support Stronger Future Returns
Analysts have lowered their price target on Anheuser-Busch InBev by about €2, reflecting slightly revised assumptions regarding revenue growth, profit margins and future P/E expectations. What's in the News Budweiser is marking 40 years as the Official Beer Sponsor of the FIFA World Cup with a Budweiser FIFA World Cup Anniversary Pack, a limited-edition set of 11 collectible aluminum bottles and cans covering every tournament from 1986 through 2026.Narrative Update • Mar 28
ABI: New Festival Partnerships Will Support Stronger Future Returns
Analysts have trimmed their price target for Anheuser-Busch InBev by about €0.43 to €77.15, reflecting slightly lower assumptions for fair value, revenue growth and profit margins, partly balanced by a marginally higher future P/E multiple. What's in the News Completed share repurchase of 9,731,300 shares, representing 0.49% of the company, for $635 million under the buyback program announced on October 30, 2025 (Key Developments).Narrative Update • Mar 14
ABI: Event Partnerships And Margin Improvements Will Support Stronger Future Returns
Narrative Update on Anheuser-Busch InBev Analysts have lifted their price target for Anheuser-Busch InBev from about €75.65 to around €77.58, citing updated assumptions around fair value, a slightly adjusted revenue outlook, a marginally higher profit margin, and a modestly lower future P/E. What’s in the News Completed share repurchase of 9,731,300 shares, representing 0.49% of outstanding equity, for a total of $635 million under the buyback announced on October 30, 2025 (Key Developments) AB InBev becomes the exclusive beer and cider partner for Live Nation in the United Kingdom across festivals, venues, and outdoor shows, connecting brands such as Budweiser, Corona, San Miguel, and Stella Artois with millions of legal drinking age music fans (Key Developments) Partnership with Live Nation covers more than 20 festivals and key venues including O2 Academy Brixton and O2 Shepherd's Bush Empire in London, with plans for immersive experiences and digital integrations for fans of legal drinking age (Key Developments) Plans to increase Michelob Ultra production in the US with a $30 million investment into the Jacksonville, Florida brewery and can plant, focused on upgrading brewing tanks and bottling lines (Key Developments) Valuation Changes Fair Value: increased slightly from €75.65 to €77.58 based on updated model inputs.Narrative Update • Feb 28
ABI: Event Partnerships And Margins Will Shape Balanced Future Return Potential
Analysts have adjusted their price target for Anheuser-Busch InBev to €75.65 from €71.34. This reflects updated views on slightly lower revenue growth expectations, a marginally higher profit margin, and a modestly lower future P/E assumption.Analysis Article • Feb 15
Anheuser-Busch InBev SA/NV (EBR:ABI) Analysts Are Pretty Bullish On The Stock After Recent Results
It's been a good week for Anheuser-Busch InBev SA/NV ( EBR:ABI ) shareholders, because the company has just released...Narrative Update • Feb 13
ABI: Event Partnerships And Margin Assumptions Will Guide Measured Future Upside Potential
Analysts have adjusted their price target for Anheuser-Busch InBev to €71.34 from €66.04. This reflects updated views on its fair value, discount rate assumptions, revenue growth and profit margin outlook, and future P/E expectations.Narrative Update • Jan 30
ABI: Event Partnerships And Modest Assumption Shifts Will Shape Future Upside Potential
Analysts have trimmed their price target for Anheuser-Busch InBev to about US$66 from roughly US$68. This reflects slightly lower fair value estimates tied to modestly softer assumptions for revenue growth, profit margins, and future P/E.Narrative Update • Jan 16
ABI: Share Buyback Program Will Support Future Upside Potential
Analysts now see slightly less upside for Anheuser-Busch InBev, trimming their fair value estimate from about US$68.58 to roughly US$68.27 as they factor in more moderate revenue growth and profit margin assumptions along with a higher future P/E multiple. What's in the News AB InBev and Live Nation agreed an exclusive beer and cider partnership across UK festivals, venues and outdoor shows, placing brands such as Budweiser, Corona, San Miguel and Stella Artois across more than 20 events and major London music venues (Key Developments).Narrative Update • Nov 20
ABI: Share Buyback Approval And Netflix Partnership Will Drive Future Upside
Analysts have slightly lowered their price target for Anheuser-Busch InBev, trimming it from $69.05 to $68.58 as they adjust their expectations based on updated growth and profitability estimates. What's in the News Anheuser-Busch InBev has announced a major partnership with Netflix to launch collaborative marketing campaigns across global and regional titles.Narrative Update • Nov 04
ABI: Share Repurchase And Brewery Expansion Will Drive Confidence In Coming Years
Anheuser-Busch InBev Price Target Edges Higher Amid Improved Growth Outlook Analysts have raised their price target for Anheuser-Busch InBev from $68.21 to $69.05. This reflects modest optimism due to slightly higher projected revenue growth and profit margins.Narrative Update • Oct 21
Analysts Lift Anheuser-Busch InBev Price Target Amid Investments and Valuation Adjustments
Analysts have raised their price target for Anheuser-Busch InBev from $67.44 to $68.21, citing a stable discount rate and only minimal adjustments to revenue growth and profit margin expectations. What's in the News Anheuser-Busch announced a $7.4 million investment in its Los Angeles, CA brewery to upgrade brewing and packaging equipment.Analysis Article • Sep 25
Is It Too Late To Consider Buying Anheuser-Busch InBev SA/NV (EBR:ABI)?
Let's talk about the popular Anheuser-Busch InBev SA/NV ( EBR:ABI ). The company's shares received a lot of attention...Narrative Update • Sep 09
Emerging Middle Class And Premium Trends Will Expand Beverage Markets
Despite largely unchanged revenue growth expectations, Anheuser-Busch InBev’s forward P/E ratio has declined substantially, indicating lower valuation multiples and resulting in a marginal decrease in the consensus analyst price target to €67.44. What's in the News Announced a new $9 million investment in the Baldwinsville, NY brewery as part of a $300 million Brewing Futures initiative supporting American manufacturing jobs, skills training, and veteran career opportunities.Analysis Article • Sep 08
Investors Interested In Anheuser-Busch InBev SA/NV's (EBR:ABI) Earnings
There wouldn't be many who think Anheuser-Busch InBev SA/NV's ( EBR:ABI ) price-to-earnings (or "P/E") ratio of 16.5x...
New Narrative • Feb 09
Expansion Of BEES Platform And Premium Brands Will Strengthen Future Market Position
Strategic priorities and premiumization efforts drive global momentum, likely boosting future revenue and enhancing efficiencies, net margins, and EBITDA growth.Shareholder Returns
| ABI | BE Beverage | BE Market | |
|---|---|---|---|
| 7D | 0.8% | -1.3% | 0.9% |
| 1Y | 20.2% | 1.3% | 20.5% |
Return vs Industry: ABI exceeded the Belgian Beverage industry which returned 1.3% over the past year.
Return vs Market: ABI matched the Belgian Market which returned 20.5% over the past year.
Price Volatility
| ABI volatility | |
|---|---|
| ABI Average Weekly Movement | 4.3% |
| Beverage Industry Average Movement | 3.5% |
| Market Average Movement | 3.8% |
| 10% most volatile stocks in BE Market | 7.6% |
| 10% least volatile stocks in BE Market | 2.4% |
Stable Share Price: ABI has not had significant price volatility in the past 3 months compared to the Belgian market.
Volatility Over Time: ABI's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1366 | 131,000 | Michel Dimitrios Doukeris | www.ab-inbev.com |
Anheuser-Busch InBev SA/NV produces and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies segments. The company also offers flavored malt beverages, soft drinks, spirit-based ready-to-drink cocktails and beverages, and energy drinks.
Anheuser-Busch InBev SA/NV Fundamentals Summary
| ABI fundamental statistics | |
|---|---|
| Market cap | €138.15b |
| Earnings (TTM) | €6.37b |
| Revenue (TTM) | €53.55b |
21.9x
P/E Ratio2.6x
P/S RatioIs ABI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABI income statement (TTM) | |
|---|---|
| Revenue | US$60.96b |
| Cost of Revenue | US$26.72b |
| Gross Profit | US$34.24b |
| Other Expenses | US$26.99b |
| Earnings | US$7.25b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 30, 2026
| Earnings per share (EPS) | 3.72 |
| Gross Margin | 56.17% |
| Net Profit Margin | 11.90% |
| Debt/Equity Ratio | 75.0% |
How did ABI perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield39%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/24 18:13 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Anheuser-Busch InBev SA/NV is covered by 52 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| null null | Banco de Sabadell. S.A. |
| Anthony Bucalo | Banco Santander |