Anheuser-Busch InBev SA/NV (NYSE:BUD) Issues Quarterly Earnings Results

Anheuser-Busch InBev SA/NV (NYSE:BUD) posted its quarterly earnings data on Wednesday. The consumer goods maker reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.12, Zacks reports. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. The company had revenue of $16.66 billion during the quarter, compared to analyst estimates of $16.33 billion. During the same quarter last year, the business posted $0.98 earnings per share. The company’s revenue was up 11.0% on a year-over-year basis.

Anheuser-Busch InBev SA/NV Stock Up 1.5%

Shares of NYSE:BUD traded up $1.26 during midday trading on Thursday, hitting $86.13. 3,324,056 shares of the company’s stock were exchanged, compared to its average volume of 2,115,005. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The stock has a 50 day moving average price of $81.44 and a 200-day moving average price of $76.87. The company has a market cap of $168.00 billion, a PE ratio of 23.53, a price-to-earnings-growth ratio of 1.39 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $86.17.

Analysts Set New Price Targets

BUD has been the subject of a number of research reports. Morgan Stanley decreased their price objective on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating for the company in a report on Thursday, July 2nd. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Weiss Ratings downgraded Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. TD Cowen raised their price target on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 7th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $90.08.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GQG Partners LLC purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth about $149,778,000. Morgan Stanley boosted its position in shares of Anheuser-Busch InBev SA/NV by 29.8% during the fourth quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock worth $269,337,000 after acquiring an additional 966,378 shares during the last quarter. Bank of America Corp DE grew its stake in 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 valued at $229,831,000 after acquiring an additional 641,158 shares in the last quarter. Holocene Advisors LP bought a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $33,999,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 227.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 509,904 shares of the consumer goods maker’s stock valued at $30,395,000 after purchasing an additional 354,210 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Key Stories Impacting Anheuser-Busch InBev SA/NV

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

• Positive Sentiment: AB InBev reported second-quarter EPS of $1.21, above the $1.09 analyst consensus, while revenue of $16.66 billion exceeded the $16.33 billion estimate. Revenue increased 11% year over year, and the company cited growth in volumes, premium brands and digital channels. AB InBev Q2 profit and revenue beat forecasts
• Positive Sentiment: Beer volume growth, higher revenue and stronger profitability supported management’s confidence in achieving fiscal 2026 EBITDA growth in line with its medium-term target. Operating profit rose 13.7% year over year, while operating cash flow nearly doubled, according to reported company figures. AB InBev Reports Second Quarter 2026 Results
• Positive Sentiment: The company’s FIFA World Cup sponsorship is generating a volume lift and could provide additional sales and earnings benefits during the remainder of the event, giving investors a near-term catalyst. Budweiser Maker AB InBev Credits FIFA World Cup for Volume Lift
• Neutral Sentiment: AB InBev filed an amended first-half 2026 interim report with the U.S. Securities and Exchange Commission. The announcement did not identify a new change to the company’s earnings outlook, so the immediate investment significance appears limited. AB InBev Files Amended H1 2026 Interim Report
• Negative Sentiment: Barclays recently downgraded BUD to Hold/Equal Weight, indicating some analysts remain cautious about valuation and the sustainability of the recent rally despite the earnings beat. Barclays Downgrades Anheuser-Busch InBev

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.