Heineken (HEIA) Stock Overview
Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
HEIA Community Fair Values
Create NarrativeSee what 69 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
€77.5
FV
13.9% undervalued intrinsic discount6.62%
Revenue growth p.a.
83
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Heineken N.V. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €66.74 |
| 52 Week High | €80.60 |
| 52 Week Low | €63.90 |
| Beta | 0.55 |
| 1 Month Change | 0.03% |
| 3 Month Change | -6.92% |
| 1 Year Change | -15.56% |
| 3 Year Change | -28.31% |
| 5 Year Change | -31.86% |
| Change since IPO | 1,095.17% |
Recent News & Updates
Narrative Update • May 28
HEIA: Latin American Execution And New Leadership Will Support Future Rerating
Heineken's fair value estimate has been trimmed from €87.20 to €85.38 as analysts factor in lower price targets around €70 to €76, citing increased uncertainty from the CEO transition, softer industry data in Europe and the U.S., and mixed growth trends in key Latin American markets. Analyst Commentary Recent Street research around Heineken centers on management transition risk, mixed regional trends, and a recalibration of valuation expectations toward the €70 to €76 price target range.Narrative Update • Apr 27
HEIA: Productivity Drive And Dividend Policy Will Support Margins And Rerating
Analysts have nudged their fair value estimate for Heineken higher to about €87 from roughly €85, reflecting recent increases in published price targets and updated assumptions for revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research on Heineken has focused on how realistic current growth and margin assumptions are, and what kind of valuation the shares might justify over time.Recent updates
Narrative Update • May 28
HEIA: Latin American Execution And New Leadership Will Support Future Rerating
Heineken's fair value estimate has been trimmed from €87.20 to €85.38 as analysts factor in lower price targets around €70 to €76, citing increased uncertainty from the CEO transition, softer industry data in Europe and the U.S., and mixed growth trends in key Latin American markets. Analyst Commentary Recent Street research around Heineken centers on management transition risk, mixed regional trends, and a recalibration of valuation expectations toward the €70 to €76 price target range.Narrative Update • Apr 27
HEIA: Productivity Drive And Dividend Policy Will Support Margins And Rerating
Analysts have nudged their fair value estimate for Heineken higher to about €87 from roughly €85, reflecting recent increases in published price targets and updated assumptions for revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research on Heineken has focused on how realistic current growth and margin assumptions are, and what kind of valuation the shares might justify over time.Narrative Update • Feb 11
HEIA: Premiumisation And Productivity Will Support Margins Despite Mixed Rating Resets
Analysts have inched their fair value estimate for Heineken higher to €85.16 from €84.66, reflecting updated assumptions on revenue growth, profit margins and future P/E following recent mixed price target changes and rating shifts across the Street. Analyst Commentary Recent research on Heineken presents a mixed picture, with price targets clustered in a relatively tight range but ratings moving in different directions.Narrative Update • Jan 27
HEIA: EverGreen Productivity And Premiumisation Will Support Future Margin Resilience
Analysts have trimmed their fair value estimate for Heineken to about €84.66 from €86.01, while Street price targets have clustered around the low to mid €70s. This reflects a mix of recent downgrades and price target hikes that balance slightly higher growth assumptions with a modestly lower profit margin outlook and a steady future P/E.Narrative Update • Jan 08
HEIA: EverGreen Productivity And Premiumisation Will Support Future Margin Expansion
Narrative Update The updated analyst price target for Heineken edges down slightly to about €86.00 from roughly €86.70, as analysts balance a softer consumer backdrop against broadly steady assumptions for growth, margins and future P/E. Analyst Commentary Recent research on Heineken shows a split view on both the share price potential and the near term consumer backdrop, which feeds directly into how analysts think about the stock's valuation and execution risk.Narrative Update • Dec 15
HEIA: Margin Expansion From Productivity And Premiumisation Will Drive Future Outperformance
Heineken's analyst fair value estimate has inched up by about EUR 0.45 as analysts modestly lift their long term price targets, citing slightly stronger expectations for revenue growth and margins despite near term volume headwinds. Analyst Commentary Recent target price revisions have been modest, reflecting a generally cautious but constructive stance on Heineken's medium term outlook.Narrative Update • Nov 27
HEIA: Margin Expansion And Volume Recovery Will Drive Outperformance Ahead
Heineken's analyst price target has been modestly reduced, with updated estimates reflecting a decrease of approximately EUR 0.05. Analysts cite factors such as a slightly higher discount rate and revised expectations for revenue growth and margins.Analysis Article • Nov 27
Heineken (AMS:HEIA) Is Experiencing Growth In Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narrative Update • Nov 05
HEIA: Market Share Will Benefit From Rising Demand for Non-Alcoholic Options
Heineken's analyst price target has moved marginally lower, with the average target now at EUR 86.28 compared to EUR 86.67 previously. This reflects analyst expectations of improved revenue growth but slightly reduced profit margin forecasts.Narrative Update • Oct 22
Analysts Adjust Heineken Price Targets as Valuation and Growth Forecasts Edge Lower
Heineken's fair value estimate has been modestly reduced from €87.08 to €86.67. This adjustment reflects analysts' lowered price targets as they factor in softer volume growth expectations and continued macroeconomic headwinds across key markets.Narrative Update • Oct 08
Expanding Emerging Markets And Digital Transformation Will Unlock Future Opportunity
Heineken's analyst price target was lowered slightly, as analysts point to reduced volume growth expectations and modestly softer profit margins in light of macroeconomic headwinds in several markets. Analyst Commentary Recent street research on Heineken reflects both optimism and caution regarding the company's near-term outlook.Narrative Update • Sep 18
Expanding Emerging Markets And Digital Transformation Will Unlock Future Opportunity
Heineken’s consensus price target saw a slight downward revision to €88.71, as analysts balanced continued operational strength and cost efficiencies against softer consumer demand and macroeconomic uncertainties. Analyst Commentary Bullish analysts see stronger-than-expected performance in core markets, supporting modest upward revisions to price targets.Analysis Article • Aug 22
The Return Trends At Heineken (AMS:HEIA) Look Promising
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Aug 04
We Like Heineken's (AMS:HEIA) Earnings For More Than Just Statutory Profit
Despite posting healthy earnings, Heineken N.V.'s ( AMS:HEIA ) stock has been quite weak. Our analysis suggests that...Analysis Article • Jul 30
We Think Heineken (AMS:HEIA) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jun 20
Heineken N.V.'s (AMS:HEIA) Share Price Matching Investor Opinion
With a price-to-earnings (or "P/E") ratio of 42.6x Heineken N.V. ( AMS:HEIA ) may be sending very bearish signals at...
New Narrative • Feb 23
Expansion Into Brazil, Mexico, And Vietnam Will Strengthen Future Global Presence
Strategic focus on premiumization and digital investments is expected to drive higher margins and improved earnings over time.Shareholder Returns
| HEIA | NL Beverage | NL Market | |
|---|---|---|---|
| 7D | -0.5% | -1.1% | 1.0% |
| 1Y | -15.6% | -5.3% | 30.5% |
Return vs Industry: HEIA underperformed the Dutch Beverage industry which returned -6.4% over the past year.
Return vs Market: HEIA underperformed the Dutch Market which returned 33.1% over the past year.
Price Volatility
| HEIA volatility | |
|---|---|
| HEIA Average Weekly Movement | 3.4% |
| Beverage Industry Average Movement | 3.9% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in NL Market | 7.6% |
| 10% least volatile stocks in NL Market | 2.5% |
Stable Share Price: HEIA has not had significant price volatility in the past 3 months compared to the Dutch market.
Volatility Over Time: HEIA's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1864 | 81,028 | n/a | www.theheinekencompany.com |
Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific. The company also provides soft drinks. It sells its products under the Heineken, Heineken 0.0, Heineken Silver, Amstel, Moretti, Tiger, Desperados, Edelweiss, Lagunitas, Orchard Thieves, Windhoek, Dos Equis, Red Stripe, Kingfisher, Bintang, Gosser, Affligem, Mort Subite, Strongbow, Stassen, Bulmers, Old Mout, Savanna, Turbo King, Tecate, Lagunitas Hoppy Refresher, Bia Viet, Tiger Crystal, Birra Moretti, Harar, Cruzcampo, Bernini, Legend Stout, Beavertown, Stëlz, Texels, Ladrón, Bandida, Stibitzer, El Aguila, and Murphy's brands.
Heineken N.V. Fundamentals Summary
| HEIA fundamental statistics | |
|---|---|
| Market cap | €35.93b |
| Earnings (TTM) | €1.89b |
| Revenue (TTM) | €28.75b |
19.1x
P/E Ratio1.2x
P/S RatioIs HEIA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HEIA income statement (TTM) | |
|---|---|
| Revenue | €28.75b |
| Cost of Revenue | €18.13b |
| Gross Profit | €10.63b |
| Other Expenses | €8.74b |
| Earnings | €1.89b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 05, 2026
| Earnings per share (EPS) | 3.50 |
| Gross Margin | 36.95% |
| Net Profit Margin | 6.56% |
| Debt/Equity Ratio | 86.2% |
How did HEIA perform over the long term?
See historical performance and comparisonDividends
2.8%
Current Dividend Yield56%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/05 19:21 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| 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
Heineken N.V. is covered by 38 analysts. 21 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 |
|---|---|
| Juan Correas Rubio | Banco Santander |
| Laurence Whyatt | Barclays |
| Alexandra Oldroyd | Barclays |