Ambev Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Ambev stock have an average target of 2.53, with a low estimate of 2.20 and a high estimate of 2.88. The average target predicts an increase of 2.85% from the current stock price of 2.46.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$2.20	$2.53	$2.50	$2.88
Change	-10.57%	+2.85%	+1.63%	+17.07%

Analyst Ratings

The average analyst rating for Ambev stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	4	4	4	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	4	4	4	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nadine Sarwat Bernstein	Bernstein	Buy → Hold Downgrades $2.88	Buy → Hold	Downgrades	$2.88	+17.07%	Nov 26, 2025
Rodrigo Alcantara UBS	UBS	Hold Maintains $2.5 → $2.2	Hold	Maintains	$2.5 → $2.2	-10.57%	Aug 20, 2025
Carlos Laboy HSBC	HSBC	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Aug 1, 2025
Rodrigo Alcantara UBS	UBS	Hold Maintains $2.6 → $2.7	Hold	Maintains	$2.6 → $2.7	+9.76%	Jun 4, 2025
Benjamin Theurer Barclays	Barclays	Hold Maintains $2 → $2.5	Hold	Maintains	$2 → $2.5	+1.63%	May 12, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

92.65B

from 89.45B

3.57%

from 89.45B

Revenue Next Year

96.71B

from 92.65B

4.38%

from 92.65B

EPS This Year

0.97

from 0.91

5.89%

from 0.91

EPS Next Year

1.02

from 0.97

5.34%

from 0.97

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	58.38B	72.85B	79.71B	79.74B	89.45B	92.65B	96.71B
Revenue Growth	12.26%	24.80%	9.41%	0.03%	12.19%	3.57%	4.38%
EPS	0.72	0.80	0.91	0.92	0.91	0.97	1.02
EPS Growth	-3.39%	11.42%	14.17%	0.36%	-0.30%	5.89%	5.34%
Forward PE	-	-	-	-	-	13.84	13.14
No. Analysts	-	-	-	-	-	17	17

Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	99.7B	106.2B
Avg	92.6B	96.7B
Low	85.0B	86.3B

Revenue Growth

Revenue Growth	2025	2026
High	11.4%	14.7%
Avg	3.6%	4.4%
Low	-5.0%	-6.8%

EPS Forecast

EPS	2025	2026
High	1.10	1.23
Avg	0.97	1.02
Low	0.83	0.80

EPS Growth

EPS Growth	2025	2026
High	20.8%	27.1%
Avg	5.9%	5.3%
Low	-8.8%	-16.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.