Erste Group Bank Has Pessimistic View of BUD FY2026 Earnings

Anheuser-Busch InBev SA/NV (NYSE:BUD) – Research analysts at Erste Group Bank decreased their FY2026 earnings estimates for shares of Anheuser-Busch InBev SA/NV in a research note issued on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now forecasts that the consumer goods maker will post earnings per share of $4.33 for the year, down from their prior forecast of $4.35. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $3.37 per share.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The company had revenue of $15.56 billion for the quarter, compared to analysts’ expectations of $15.48 billion. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.88 EPS.

A number of other research firms have also recently issued reports on BUD. Deutsche Bank Aktiengesellschaft restated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 13th. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, April 2nd. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. Finally, SBG Securities cut shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $86.50.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD opened at $74.45 on Thursday. The stock has a market cap of $145.21 billion, a PE ratio of 21.64, a PEG ratio of 1.20 and a beta of 0.58. The company’s fifty day moving average is $74.08 and its 200 day moving average is $66.87. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $81.56. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of hedge funds have recently modified their holdings of BUD. Bogart Wealth LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 3,800.0% in the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares during the period. Birchwood Financial Partners Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $26,000. Salomon & Ludwin LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 494.7% during the third quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after buying an additional 371 shares during the period. Parkside Financial Bank & Trust increased its position in shares of Anheuser-Busch InBev SA/NV by 79.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 220 shares during the period. Finally, Mather Group LLC. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at about $34,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV News Summary

Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:

• Positive Sentiment: Barclays initiated/assigned a Buy to BUD, signaling favorable analyst conviction that can drive demand for shares. Read More.
• Positive Sentiment: Sanford C. Bernstein reaffirmed a Buy rating on BUD, reinforcing institutional buy-side support. Read More.
• Positive Sentiment: UBS reiterated its Buy on AB InBev, another vote of confidence from a large broker that can influence flows. Read More.
• Positive Sentiment: Analyst consensus aggregated as “Moderate Buy,” suggesting broad analyst tilt toward further upside. Read More.
• Positive Sentiment: Marketing catalyst — Budweiser launched a large limited‑edition FIFA World Cup™ Anniversary pack and nostalgia campaign, a global brand activation that could support sales and margin performance in key markets. Read More.
• Neutral Sentiment: Kepler Capital maintained a Hold on BUD, indicating some caution from parts of the analyst community despite other buy calls. Read More.
• Neutral Sentiment: Deutsche Bank reaffirmed a Neutral rating, which tempers unanimous bullishness and highlights differing views on valuation or regional outlooks. Read More.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.