What is Erste Group Bank’s Estimate for BUD FY2026 Earnings?

Anheuser-Busch InBev SA/NV (NYSE:BUD) – Erste Group Bank raised their FY2026 earnings estimates for shares of Anheuser-Busch InBev SA/NV in a report issued on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now forecasts that the consumer goods maker will earn $4.61 per share for the year, up from their prior estimate of $4.51. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $4.39 per share.

A number of other research firms have also recently weighed in on BUD. Bank of America restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 24th. TD Cowen lowered their price objective on Anheuser-Busch InBev SA/NV from $89.00 to $85.00 and set a “hold” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Finally, Weiss Ratings downgraded Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 17th. Twelve research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.83.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $79.61 on Tuesday. The company has a market cap of $160.76 billion, a P/E ratio of 19.08, a PEG ratio of 1.13 and a beta of 0.57. The firm has a fifty day moving average price of $78.40 and a 200 day moving average price of $78.96. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. Anheuser-Busch InBev SA/NV has a 12 month low of $59.64 and a 12 month high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.12. The business had revenue of $16.66 billion for the quarter, compared to analyst estimates of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The company’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $0.98 EPS.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BUD. Wellington Management Group LLP raised its stake in Anheuser-Busch InBev SA/NV by 10,464.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock worth $262,876,000 after acquiring an additional 3,160,049 shares in the last quarter. Renaissance Technologies LLC lifted its position in Anheuser-Busch InBev SA/NV by 64.7% in the first quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker’s stock valued at $56,250,000 after acquiring an additional 318,600 shares during the last quarter. NewEdge Advisors LLC lifted its position in Anheuser-Busch InBev SA/NV by 7,474.5% in the second quarter. NewEdge Advisors LLC now owns 522,643 shares of the consumer goods maker’s stock valued at $43,066,000 after acquiring an additional 515,743 shares during the last quarter. First Trust Advisors LP boosted its stake in Anheuser-Busch InBev SA/NV by 5.1% in the first quarter. First Trust Advisors LP now owns 601,440 shares of the consumer goods maker’s stock valued at $41,722,000 after acquiring an additional 29,124 shares in the last quarter. Finally, Cook & Bynum Capital Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the second quarter valued at $33,282,514. Institutional investors and hedge funds own 5.53% of the company’s stock.

More Anheuser-Busch InBev SA/NV News

Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:

• Positive Sentiment: AB InBev’s ongoing share-buyback program supports shareholder returns by reducing the share count and potentially enhancing earnings per share. AB InBev Advances Capital Return With Ongoing Share Buybacks
• Positive Sentiment: U.S. “Beyond Beer” revenue reportedly surged in the second quarter, led by triple-digit growth at Cutwater, ready-to-drink innovation and broader distribution. Sustained momentum could diversify AB InBev’s portfolio and support growth. AB InBev’s U.S. Beyond Beer Sales Surge in Q2
• Positive Sentiment: Erste Group raised its FY2026 earnings-per-share forecast to $4.61 from $4.51, above the current consensus estimate of $4.39, indicating improved near-term earnings expectations.
• Positive Sentiment: Zacks characterized BUD as a strong value stock, which may attract investors seeking relatively appealing fundamentals and valuation. Here’s Why Anheuser-Busch InBev Is a Strong Value Stock
• Neutral Sentiment: A Seeking Alpha analysis described AB InBev as fairly valued, suggesting limited valuation-driven upside at current levels, while highlighting long-term headwinds that could constrain future performance. Anheuser-Busch InBev: Fair Valuation But Long-Term Headwinds
• Negative Sentiment: TD Cowen cut its price target to $85 from $89 and maintained a “hold” rating, signaling more limited upside despite the revised target remaining above the recent trading level.
• Negative Sentiment: Erste Group made a modest reduction to its FY2027 EPS forecast, lowering it to $4.92 from $4.93. Although the change is small, it reflects slightly softer longer-term expectations.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewer headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic beverages through a portfolio of international, regional and local brands. Its best-known brands include Budweiser, Corona, Stella Artois, Michelob Ultra, Beck’s, Hoegaarden and Brahma, along with numerous country-specific offerings.

The company serves consumers across the Americas, Europe, Africa and Asia-Pacific through a broad network of breweries, distribution operations and commercial partnerships.