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

Anheuser-Busch InBev SA/NV (NYSE:BUD) – Investment analysts at Erste Group Bank increased their FY2026 earnings per share (EPS) estimates for Anheuser-Busch InBev SA/NV in a research note issued on Monday, July 27th. Erste Group Bank analyst S. Lingnau now anticipates that the consumer goods maker will post earnings of $4.46 per share for the year, up from their prior forecast of $4.44. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $4.31 per share.

BUD has been the topic of a number of other reports. TD Cowen upped their target price on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a “hold” rating in a research report on Friday, June 26th. Wells Fargo & Company lifted their price target on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, June 5th. Finally, Barclays reaffirmed an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $90.08.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock opened at $86.13 on Friday. The firm has a market cap of $168.00 billion, a price-to-earnings ratio of 23.53, a PEG ratio of 1.42 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. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average price of $81.44 and a 200 day moving average price of $76.87.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.12. The business had revenue of $16.66 billion for the quarter, compared to analyst estimates of $16.26 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%.The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.98 earnings per share.

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

Several large investors have recently bought and sold shares of the company. World Equity Group Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $536,000. Jacobs & Co. CA bought a new position in Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $217,000. Valeo Financial Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV by 19.4% in the second quarter. Valeo Financial Advisors LLC now owns 4,323 shares of the consumer goods maker’s stock valued at $356,000 after buying an additional 701 shares in the last quarter. 55 North Private Wealth LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $239,000. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $272,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV News Roundup

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

• Positive Sentiment: Q2 results exceeded headline expectations: AB InBev reported $16.66 billion in revenue versus the $16.33 billion consensus estimate and earnings of $1.21 per share versus expectations of $1.09. Revenue increased 11% year over year, while profitability and cash flow also strengthened. AB InBev Q2 profit and revenue beat forecasts
• Positive Sentiment: World Cup demand is boosting the business: Management attributed the volume lift partly to soccer World Cup activity, particularly across the Americas, and said the company expects a larger payoff as the tournament progresses. Market-share gains and stronger demand for major brands add to the bullish case. Budweiser Maker AB InBev Credits FIFA World Cup for Volume Lift
• Positive Sentiment: 2026 guidance was reaffirmed: AB InBev maintained its full-year view, including EBITDA growth broadly in line with its medium-term target. Premium brands, digital initiatives and improved cash generation were additional supports. UBS and Citi maintained or issued Buy recommendations. UBS Remains a Buy on Anheuser Busch InBev
• Neutral Sentiment: AB InBev filed an amended first-half 2026 interim report with the SEC. The filing provides updated regulatory disclosure, but no major new operating catalyst was identified. AB InBev Files Amended H1 2026 Interim Report
• Negative Sentiment: Some underlying metrics reportedly fell short of estimates, despite the headline earnings and revenue beat. Barclays also recently downgraded BUD to Hold, which may limit upside after the stock’s strong run.

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.