Anheuser-Busch InBev SA/NV (NYSE:BUD) Sets New 12-Month High Following Earnings Beat

Anheuser-Busch InBev SA/NV (NYSE:BUD)’s share price hit a new 52-week high during mid-day trading on Thursday following a stronger than expected earnings report. The company traded as high as $85.78 and last traded at $85.7530, with a volume of 2513697 shares traded. The stock had previously closed at $84.87.

The consumer goods maker reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%.The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS.

Key Stories Impacting Anheuser-Busch InBev SA/NV

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

• Positive Sentiment: Quarterly earnings beat expectations: AB InBev reported adjusted EPS of $1.21, above the $1.09 consensus estimate, while revenue reached approximately $16.66 billion. Year-over-year revenue growth was reported at 11%, and profit benefited from improved operating performance. AB InBev earnings report
• Positive Sentiment: Volume growth and World Cup demand: Beer volumes increased, with management citing stronger demand in the Americas and a boost from the FIFA World Cup. The company expects the tournament and related marketing investments to provide a larger payoff as the event progresses. Reuters AB InBev Q2 results
• Positive Sentiment: Outlook maintained: AB InBev backed its 2026 forecast, including EBITDA growth broadly in line with its medium-term target. Premium brands, megabrands, innovation and digital initiatives were identified as important growth drivers. Seeking Alpha AB InBev outlook
• Positive Sentiment: Cash generation improved: Operating cash flow was reported at approximately $2.6 billion, nearly double the prior-year level, supporting the company’s financial flexibility.
• Neutral Sentiment: Analyst views are mixed: Citi issued a Buy rating, and recent analyst targets have a median of $93, above the recent trading level. However, Barclays downgraded the stock to Hold ahead of the results, signaling valuation or execution concerns. Citi rating
• Negative Sentiment: Some data points were viewed as weaker than expected: Zacks characterized revenue and earnings as missing its estimates, despite healthy organic growth and a reaffirmed outlook. This conflicting assessment could limit upside if investors focus on underlying operating metrics rather than the headline EPS beat. Zacks AB InBev Q2 analysis

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on BUD shares. Wells Fargo & Company increased their price objective on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft restated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, July 1st. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, June 5th. Weiss Ratings lowered Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Eleven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and an average price target of $90.08.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Several institutional investors have recently bought and sold shares of BUD. Bogart Wealth LLC increased its holdings in Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares during the last quarter. Birchwood Financial Partners Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth $26,000. GHP Investment Advisors Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at about $32,000. Parkside Financial Bank & Trust boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 79.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 220 shares during the last quarter. Finally, First Horizon Corp grew its position in shares of Anheuser-Busch InBev SA/NV by 84.6% during the first quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock valued at $35,000 after purchasing an additional 230 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 1.0%

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 $81.39 and a two-hundred day moving average price of $76.73. The stock has a market cap of $167.16 billion, a PE ratio of 23.44, a price-to-earnings-growth ratio of 1.39 and a beta of 0.59.

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.