Zacks Research Issues Negative Estimate for BUD Earnings

Key Points

• Zacks Research has lowered its Q3 2025 earnings estimate for Anheuser-Busch InBev (BUD) to $1.02 per share, down from a previous estimate of $1.10.
• Anheuser-Busch InBev reported $0.98 earnings per share in its last quarterly results, surpassing analysts’ expectations of $0.94.
"Buy", with three analysts recommending a Strong Buy and a target price averaging $71.50.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) - Research analysts at Zacks Research reduced their Q3 2025 earnings per share estimates for shares of Anheuser-Busch InBev SA/NV in a report released on Tuesday, September 2nd. Zacks Research analyst Team now anticipates that the consumer goods maker will post earnings per share of $1.02 for the quarter, down from their prior forecast of $1.10. The consensus estimate for Anheuser-Busch InBev SA/NV's current full-year earnings is $3.37 per share. Zacks Research also issued estimates for Anheuser-Busch InBev SA/NV's FY2025 earnings at $3.76 EPS, Q1 2026 earnings at $0.99 EPS, Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $1.23 EPS, Q4 2026 earnings at $0.99 EPS, FY2026 earnings at $4.25 EPS, Q1 2027 earnings at $1.18 EPS, Q2 2027 earnings at $1.17 EPS and FY2027 earnings at $4.76 EPS.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same period in the prior year, the firm earned $0.90 EPS. The firm's revenue was down 2.1% compared to the same quarter last year.

Other research analysts also recently issued reports about the stock. Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Three analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Performance

BUD traded down $0.31 during trading on Friday, hitting $59.01. The company's stock had a trading volume of 654,366 shares, compared to its average volume of 2,391,469. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The firm has a market cap of $106.04 billion, a PE ratio of 16.57, a P/E/G ratio of 1.68 and a beta of 0.79. The business's 50 day simple moving average is $64.08 and its 200-day simple moving average is $64.99.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Dodge & Cox boosted its position in shares of Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker's stock worth $2,531,109,000 after acquiring an additional 1,119,308 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 4.5% during the second quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker's stock worth $732,826,000 after acquiring an additional 454,621 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Anheuser-Busch InBev SA/NV by 23.7% during the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker's stock worth $229,831,000 after acquiring an additional 641,158 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 7.3% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker's stock worth $171,767,000 after acquiring an additional 190,830 shares during the last quarter. Finally, Clarkston Capital Partners LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 0.3% during the first quarter. Clarkston Capital Partners LLC now owns 1,498,297 shares of the consumer goods maker's stock worth $92,235,000 after acquiring an additional 4,455 shares during the last quarter. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.