Erste Group Bank Has Pessimistic View of BUD FY2026 Earnings

Key Points

• Erste Group Bank cut its FY2026 EPS estimate for Anheuser‑Busch InBev to $4.33 (from $4.35), versus a broader MarketBeat consensus of about $3.37.
• AB InBev beat quarterly expectations, reporting $0.95 EPS versus $0.91 expected and revenue of $15.56 billion, a 6.2% year‑over‑year increase.
• Analyst and institutional sentiment remains supportive — the stock carries a consensus rating of "Moderate Buy" with an average price target of $86.50, and major firms like Fisher and Morgan Stanley increased holdings.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) - Investment analysts at Erste Group Bank cut their FY2026 EPS estimates for Anheuser-Busch InBev SA/NV in a report issued on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now anticipates that the consumer goods maker will earn $4.33 per share for the year, down from their previous estimate 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 - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. The firm 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 business's quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.88 earnings per share.

Other analysts also recently issued reports about the stock. Royal Bank Of Canada reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, February 12th. UBS Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. Jefferies Financial Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, February 12th. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. Finally, SBG Securities downgraded shares of Anheuser-Busch InBev SA/NV to a "hold" rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $86.50.

Anheuser-Busch InBev SA/NV Trading Up 4.1%

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

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds have recently made changes to their positions in the stock. Fisher Asset Management LLC raised its position in Anheuser-Busch InBev SA/NV by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker's stock worth $728,801,000 after purchasing an additional 368,721 shares during the period. Morgan Stanley raised its position in Anheuser-Busch InBev SA/NV by 29.8% in the 4th quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker's stock worth $269,337,000 after purchasing an additional 966,378 shares during the period. Goldman Sachs Group Inc. raised its position in Anheuser-Busch InBev SA/NV by 1.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker's stock worth $256,792,000 after purchasing an additional 42,009 shares during the period. Bank of America Corp DE raised its position in Anheuser-Busch InBev SA/NV by 12.8% in the 3rd quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker's stock worth $224,786,000 after purchasing an additional 426,495 shares during the period. Finally, GQG Partners LLC purchased a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth $149,778,000. 5.53% of the stock is owned by institutional investors.

Trending Headlines about Anheuser-Busch InBev SA/NV

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.

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