Anheuser-Busch InBev SA/NV (BUD)
| Market Cap | 128.33B |
| Revenue (ttm) | 59.09B |
| Net Income (ttm) | 6.25B |
| Shares Out | 1.99B |
| EPS (ttm) | 3.04 |
| PE Ratio | 21.05 |
| Forward PE | 18.28 |
| Dividend | $0.82 (1.27%) |
| Ex-Dividend Date | May 3, 2023 |
| Volume | 966,270 |
| Open | 64.75 |
| Previous Close | 64.69 |
| Day's Range | 64.46 - 64.85 |
| 52-Week Range | 51.66 - 67.09 |
| Beta | 1.07 |
| Analysts | Strong Buy |
| Price Target | 72.50 (+12.19%) |
| Earnings Date | Oct 31, 2023 |
About BUD
Anheuser-Busch InBev SA/NV produces, distributes, 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. The company was founded in 1366 and is headquartered in Leuven, Belgium. [Read more]
Financial Performance
In 2022, BUD's revenue was $57.79 billion, an increase of 6.41% compared to the previous year's $54.30 billion. Earnings were $5.97 billion, an increase of 27.82%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for BUD stock is "Strong Buy." The 12-month stock price forecast is $72.5, which is an increase of 12.19% from the latest price.
News
Alcohol sales underperform when cannabis is available, says Cowen's Vivien Azer
Vivien Azer, Cowen & Co. senior research analyst, joins 'Power Lunch' to discuss the headwinds for the craft beer sector.
Teamsters authorize strike at Anheuser-Busch breweries
The Teamsters union voted to authorize a strike at Anheuser-Busch InBev (BUD) breweries, calling for better wages, job protection, and enhanced benefits for 5,000 members across 12 US breweries. While...
Teamsters approve strike against Anheuser-Busch months after Dylan Mulvaney controversy
“Anheuser-Busch can't kick this can down the road much longer.”
Teamsters union authorizes potential strike at Anheuser-Busch
The Teamsters union announced that 99% of its members at Anheuser-Busch breweries around the U.S. voted to authorize a strike if the two sides don't agree to a new labor contract.
Teamsters authorize strike at Anheuser-Busch's US breweries
The Teamsters union said on Saturday that 99% of its members had voted to authorize a strike at brewer Anheuser-Busch's (ABI.BR) U.S. breweries. The union is seeking an agreement that would improve wa...
Is Conservative Bud Light Boycott Over? Kid Rock Says Yes—Others Not So Sure As Beer's Slide Continues
Conservative pundits splintered this week on whether to continue supporting a boycott against Bud Light after Kid Rock, an early critic of the beer company for its brief partnership with trans influen...
Anheuser-Busch's US marketing chief to exit as Bud Light sales slump drags on
Anheuser-Busch announced that its chief marketing officer for the U.S. is on his way out, months after Bud Light's controversial partnership with Dylan Mulvaney.
Anheuser-Busch's marketing chief to finally exit after Bud Light's Dylan Mulvaney fiasco
Anheuser-Busch's US marketing chief plans to resign as the brewer continues to grapple with sharp sales drops following its disastrous Bud Light campaign with transgender influencer Dylan Mulvaney.
Who's afraid of Ozempic? From restaurants to package makers, companies work to calm investors' GLP-1 jitters.
That's the message from many corporate executives who have lately been peppered with questions about how Wegovy, Ozempic and other drugs widely used for weight loss may impact their bottom line.
I-care Group Closes Largest Contract Ever With AB InBev in More Than 50 Countries
MONS, Belgium--(BUSINESS WIRE)--I-care Group, a global leader in machine health, is pleased to announce that a service partnership has been established with Anheuser-Busch InBev SA/NV (“AB InBev”), th...
How Not To Get Beaten By BUD: They Killed The Bud Light Brand, But They Can Still Sink Shorts - Anheuser-Busch InBev (NYSE:BUD)
As we mentioned in our last post, Bud Light's latest attempt to revive its brand has backfired.
Sen. Kennedy: Biden is polling right up there with Bud Light
Sen. John Kennedy, R-La., weighs in on the Biden administration's foreign and domestic policy on 'The Bottom Line.
Bud Light tries for a comeback with a focus on sports and concerts
Anheuser-Busch is hoping an increased emphasis on sports and concert marketing will help to lift flagging Bud Light sales in the U.S.
AB InBev's sales surge despite boycott: Recovery plan unveiled
Anheuser-Busch InBev (BUD) reported higher third-quarter sales aided by price hikes, even as the brewer continued facing boycott backlash in the U.S. over an ad campaign with transgender influencer Dy...
Bud Light parent Anheuser-Busch InBev's sales tumble further in US
Anheuser-Busch InBev reported a 17.1% decline in sales in North America during the third quarter, as its Bud Light brand continues to struggle following a controversial marketing move.
AB InBev Shares Pop On Buyback, Earnings Beat as Boycott Continues to Hurt Sales
American depositary receipts (ADRs) of Anheuser Busch InBev (BUD) rose more than 5% Tuesday after announcing a stock buyback and reporting results that beat forecasts, despite U.S. sales continuing to...
Beer giant AB InBev's US sales plunge more than 13% on Bud Light fiasco
The largest brewer in the world said US revenues fell nearly 14% from July through September, while other global regions including the Middle East, Africa and Asia-Pacific grew.
Beer giant AB InBev beats forecasts, but Bud Light boycott continues to hit U.S. revenues
It is the second quarter in which the Bud Light controversy has hit U.S. performance at the world's biggest brewer.
Bud Light boycott over transgender influencer ad hits brewer AB InBev's sales
The world's biggest brewer, AB InBev, has revealed a further big drop in US sales amid a boycott of its once best-selling beer.
Bud Light controversy continues to weigh on Anheuser-Busch InBev
The Bud Light controversy continued to weigh on Anheuser-Busch InBev, which nonetheless managed a small improvement in third-quarter profit on cost control as well as revenue growth in 80% of its worl...
AB InBev Sticks to Profit Forecast Despite Bud Light Hit
The beer company kept its earnings guidance after sales rose year over year in the third quarter but U.S. revenue dropped.
AB InBev Reports Third Quarter 2023 Results
BRUSSELS--(BUSINESS WIRE)--AB InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD): Regulated and inside information1 “The strength of our global footprint delivered another quarter of top- and bottom-l...
UFC faces boycott calls after announcing tie-up with Bud Light reportedly worth $100M
UFC is facing calls for a boycott after the mixed martial arts league announced on Tuesday that it inked a major sponsorship deal with Bud Light.
Bud Light scores mega deal to become the official beer of UFC
Bud Light might be experiencing a knockout of its own, but this time it's on purpose.
UFC partners with Bud Light as embattled beer tries to fight off Dylan Mulvaney backlash
"I'm proud to announce we are back in business together," UFC CEO Dana White said. Anheuser-Busch will be replacing Modelo as the UFC's official beer partner.