Berenberg Bank Reiterates Buy Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• Berenberg Bank reiterated a Buy rating on Anheuser‑Busch InBev and multiple brokers have reaffirmed buys, leaving a consensus rating of Moderate Buy with a $90.50 consensus price target.
• AB InBev posted a strong Q1 beat—adjusted EPS $0.97 vs. $0.90 and revenue $15.27B vs. $14.69B—driven by ~12% revenue growth, returning organic volumes (~0.8–1.2%) and premiumization/digital execution supporting margins.
• The stock traded around $81 (near its 1‑year high) after the print, with several institutional investors adding to positions and analysts (including Wells Fargo) raising targets or reiterating positive ratings, signaling renewed investor confidence.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "buy" rating reissued by analysts at Berenberg Bank in a research note issued on Wednesday,MarketScreener reports.

A number of other brokerages have also weighed in on BUD. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, April 28th. Barclays reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a "neutral" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, April 7th. SBG Securities cut Anheuser-Busch InBev SA/NV to a "hold" rating in a research report on Monday, March 2nd. Finally, Wells Fargo & Company raised their price objective on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an "overweight" rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $90.50.

Anheuser-Busch InBev SA/NV Trading Up 0.9%

Shares of NYSE:BUD opened at $81.08 on Wednesday. The business's 50 day moving average price is $73.49 and its 200-day moving average price is $68.75. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $81.60. The firm has a market capitalization of $158.15 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 1.37 and a beta of 0.57. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The consumer goods maker reported $0.97 EPS for the quarter, topping the consensus estimate of $0.90 by $0.07. The company had revenue of $15.27 billion during the quarter, compared to analyst estimates of $14.69 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 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.81 EPS. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BUD. Allspring Global Investments Holdings LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 23.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 14,071 shares of the consumer goods maker's stock valued at $996,000 after purchasing an additional 2,699 shares during the period. Independent Financial Group LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $208,000. Bank of New York Mellon Corp boosted its holdings in Anheuser-Busch InBev SA/NV by 15.9% in the 1st quarter. Bank of New York Mellon Corp now owns 67,750 shares of the consumer goods maker's stock valued at $4,700,000 after purchasing an additional 9,305 shares during the last quarter. Sanctuary Advisors LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% in the 1st quarter. Sanctuary Advisors LLC now owns 27,378 shares of the consumer goods maker's stock valued at $1,899,000 after buying an additional 2,755 shares during the period. Finally, Gratus Wealth Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $209,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV News Roundup

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

• Positive Sentiment: Q1 beat — AB InBev reported Q1 revenue of $15.27B and adjusted EPS of $0.97, topping Street estimates and showing double‑digit revenue growth year‑over‑year, supporting higher earnings momentum. AB InBev Reports First Quarter 2026 Results
• Positive Sentiment: Volumes returned to growth — Organic beer volumes rose (~0.8–1.2% in Q1), ending a multi‑quarter slide. Strength was driven by megabrands and regional gains (notably Corona and Michelob/Cutwater). Volume stabilization is the key operational catalyst for the rally. AB InBev delivers big beat
• Positive Sentiment: Premiumization & execution — Management highlighted premium brand performance, digital/BEES platform momentum and portfolio focus (top‑selling SKUs and alternatives), which investors view as sustainable margin drivers. Q1 Earnings Top on Business Momentum
• Positive Sentiment: Market and analyst reaction — Multiple banks reaffirmed buy ratings and the stock jumped sharply after the print, reflecting renewed investor confidence that AB InBev can sustain growth and margin recovery. Barclays Reaffirms Buy
• Positive Sentiment: Brand/marketing recognition — AB InBev won Cannes Lions Creative Marketer of the Year (third time), reinforcing brand-building credentials that support premium positioning and long‑term demand. Cannes Lions Award
• Neutral Sentiment: Regulatory/filings — AB InBev filed its SEC‑compliant Form 6‑K and released the Q1 interim report/slide deck; routine disclosures provide detail but contained no surprise guidance changes. Form 6-K Filing
• Neutral Sentiment: Dividend administrative notice — Company published a currency exchange‑rate notice for the 2025 final dividend; procedural item with limited near‑term market impact. Dividend Currency Notice

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.