Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised its price target on BUD to $93.83 and kept an "overweight" rating, implying about a 16.3% upside from the current price.
• Analyst sentiment is broadly positive with multiple banks reiterating "buy"/overweight ratings and a MarketBeat average target of $91.61, giving the stock an overall "Moderate Buy" consensus.
• The company beat expectations in Q1 with revenue of $15.27B and EPS of $0.97, and management flagged returning volume growth, which investors view as evidence of a turnaround.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) had its price target boosted by research analysts at JPMorgan Chase & Co. from $84.00 to $93.83 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an "overweight" rating on the consumer goods maker's stock. JPMorgan Chase & Co.'s price objective suggests a potential upside of 16.30% from the stock's current price.

Several other research firms also recently issued reports on BUD. Berenberg Bank reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. UBS Group reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. DZ Bank reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 20th. SBG Securities cut Anheuser-Busch InBev SA/NV to a "hold" rating in a report on Monday, March 2nd. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. One equities 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 company's stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of "Moderate Buy" and an average target price of $91.61.

Anheuser-Busch InBev SA/NV Stock Down 1.7%

BUD stock traded down $1.41 during midday trading on Thursday, reaching $80.68. The company had a trading volume of 1,034,460 shares, compared to its average volume of 2,210,273. The company has a 50 day moving average of $73.54 and a two-hundred day moving average of $68.89. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $82.91. The company has a market capitalization of $157.36 billion, a P/E ratio of 22.05, a PEG ratio of 1.48 and a beta of 0.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The company had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%. On average, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 4.2 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently made changes to their positions in the business. Seafarer Capital Partners LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 1.5% during the third quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker's stock worth $61,637,000 after acquiring an additional 15,000 shares during the period. Savoir Faire Capital Management L.P. bought a new stake in Anheuser-Busch InBev SA/NV during the third quarter worth about $2,086,000. Atlantic Union Bankshares Corp raised its stake in shares of Anheuser-Busch InBev SA/NV by 33,184.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 15,311 shares of the consumer goods maker's stock worth $913,000 after purchasing an additional 15,265 shares in the last quarter. Caprock Group LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at $818,000. Finally, Victory Capital Management Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 53.7% in the 3rd quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker's stock valued at $49,397,000 after purchasing an additional 289,431 shares during the last quarter. Institutional investors own 5.53% of the company's stock.

More Anheuser-Busch InBev SA/NV News

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

• Positive Sentiment: Major broker support — multiple banks have reaffirmed or initiated "buy"/overweight ratings (Bank of America, Citi, Goldman Sachs, Barclays, Jefferies, JPMorgan, UBS, Berenberg, Bernstein), which underpins upside potential and analyst conviction. Anheuser Busch InBev Receives a Buy from Bank of America Securities Citi Sticks to Its Buy Rating for Anheuser Busch InBev Goldman Sachs Gives a Buy Rating
• Positive Sentiment: Q1 beats and volume-led turnaround — Q1 revenue ($15.27B) and EPS ($0.97) topped expectations, and management flagged returning volume growth, which many investors view as evidence the company has arrested prior declines. That operational improvement is cited in several post-earnings pieces. Anheuser-Busch Stock Jumps as Volume Growth Signals Turnaround Corona, Budweiser Beer Maker Sees 'Premium' Boom
• Neutral Sentiment: Wells Fargo raised its price target (to $93) and other firms reiterated constructive views — supportive for medium-term upside but already reflected in recent gains. Wells Fargo Price Target Raise
• Neutral Sentiment: Brand/PR wins and favorable coverage (Cannes Lions award, WSJ feature, Zacks momentum write-up) improve sentiment and narrative but have limited direct near-term earnings impact. AB InBev Wins Cannes Lions Creative Marketer of the Year Why Anheuser-Busch Inbev is a Top Momentum Stock
• Negative Sentiment: Profit-taking / weaker intraday demand — after the recent rally, the stock is pulling back as investors lock gains; intraday volume is well below the stock's average, which can amplify downward moves. (Background trading data.)
• Negative Sentiment: Mixed/neutral coverage from a few houses (Deutsche Bank neutral) and valuation/debt considerations could limit upside for some investors even as earnings trend improves. Deutsche Bank Neutral Rating

About Anheuser-Busch InBev SA/NV

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.

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