Ambev S.A. (ABEV)
NYSE: ABEV · IEX Real-Time Price · USD
2.80
-0.02 (-0.71%)
At close: Dec 29, 2023, 4:00 PM
2.79
-0.01 (-0.36%)
After-hours: Dec 29, 2023, 7:06 PM EST
Ambev Stock Forecast
Stock Price Forecast
According to 2 stock analysts, the average 12-month stock price forecast for Ambev stock is $3.30, which predicts an increase of 17.86%. The lowest target is $2.86 and the highest is $3.74. On average, analysts rate Ambev stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Nov 22, 2023.
Analyst Ratings
The average analyst rating for Ambev stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Initiates $3 | Hold | Initiates | $3 | +2.14% | Nov 22, 2023 |
| Bernstein | Bernstein | Buy Initiates $4 | Buy | Initiates | $4 | +33.57% | May 24, 2023 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jul 13, 2022 |
| Barclays | Barclays | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Oct 6, 2021 |
| Barclays | Barclays | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Jun 17, 2021 |
Financial Forecast
Revenue This Year
86.39B
from 79.71B
Increased by 8.38%
Revenue Next Year
90.83B
from 86.39B
Increased by 5.14%
EPS This Year
0.95
from 0.91
Increased by 4.11%
EPS Next Year
1.01
from 0.95
Increased by 6.56%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 91.5B | 98.5B | 104.3B | 109.7B | 117.1B |
| Avg | 86.4B | 90.8B | 97.1B | 103.7B | 109.3B |
| Low | 79.5B | 78.4B | 83.0B | 96.0B | 100.8B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 14.8% | 14.0% | 14.8% | 13.1% | 12.9% |
| Avg | 8.4% | 5.1% | 6.9% | 6.9% | 5.4% |
| Low | -0.3% | -9.3% | -8.6% | -1.1% | -2.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 1.05 | 1.09 | 1.28 | 1.45 | 1.64 |
| Avg | 0.95 | 1.01 | 1.09 | 1.33 | 1.49 |
| Low | 0.82 | 0.93 | 0.90 | 1.18 | 1.30 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 15.1% | 15.0% | 26.6% | 32.7% | 23.4% |
| Avg | 4.1% | 6.6% | 8.2% | 21.6% | 11.7% |
| Low | -9.7% | -1.9% | -10.9% | 7.6% | -2.6% |
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.