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

Anheuser-Busch InBev SA/NV (NYSE:BUD) – Investment analysts at Erste Group Bank dropped their FY2026 earnings per share estimates for Anheuser-Busch InBev SA/NV in a research report issued to clients and investors on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now forecasts that the consumer goods maker will post earnings per share of $4.33 for the year, down from their prior forecast of $4.35. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $3.37 per share.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The company had revenue of $15.56 billion for the quarter, compared to analysts’ expectations of $15.48 billion. During the same period last year, the firm earned $0.88 earnings per share. Anheuser-Busch InBev SA/NV’s quarterly revenue was up 6.2% on a year-over-year basis.

Other analysts have also recently issued reports about the company. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 29th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, April 2nd. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. Finally, Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $86.50.

Anheuser-Busch InBev SA/NV Stock Up 1.0%

Anheuser-Busch InBev SA/NV stock opened at $75.16 on Thursday. Anheuser-Busch InBev SA/NV has a 1-year low of $56.97 and a 1-year high of $81.56. 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 market cap of $146.59 billion, a PE ratio of 21.85, a P/E/G ratio of 1.37 and a beta of 0.58. The stock’s fifty day moving average is $74.16 and its two-hundred day moving average is $66.93.

Institutional Trading of Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently made changes to their positions in the company. Seafarer Capital Partners LLC increased its position in Anheuser-Busch InBev SA/NV by 1.5% in the 3rd quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker’s stock valued at $61,637,000 after acquiring an additional 15,000 shares during the period. Savoir Faire Capital Management L.P. acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $2,086,000. Atlantic Union Bankshares Corp increased its position in Anheuser-Busch InBev SA/NV by 33,184.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 15,311 shares of the consumer goods maker’s stock valued at $913,000 after acquiring an additional 15,265 shares during the period. Caprock Group LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $818,000. Finally, Aquatic Capital Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $5,355,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Anheuser-Busch InBev SA/NV

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

• Positive Sentiment: Jefferies reaffirmed a “buy” rating on BUD, reinforcing institutional support for the stock. AB InBev Gets a Buy Rating from Jefferies
• Positive Sentiment: UBS issued a buy rating on AB InBev, adding another large-bank endorsement that can support demand for the shares. Anheuser-Busch InBev Earns Buy Rating from UBS
• Positive Sentiment: Barclays initiated/issued a buy on AB InBev, contributing to the cluster of bullish analyst calls. Anheuser Busch InBev Receives a Buy from Barclays
• Positive Sentiment: Sanford C. Bernstein reaffirmed a “buy” rating, adding to the positive analyst tone. AB InBev Gets a Buy Rating from Bernstein
• Positive Sentiment: Analysts’ consensus across coverage was summarized as “Moderate Buy,” reflecting more buy-side than sell-side conviction. Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Deutsche Bank reiterated a “neutral” rating, which could temper upside but does not signal negative momentum. Deutsche Bank Reiterates Neutral Rating
• Neutral Sentiment: Kepler Capital issued a “hold,” another mixed signal that suggests some analysts see valuation or execution risk. Anheuser Busch InBev Gets a Hold from Kepler Capital
• Neutral Sentiment: CNN’s markets page lists BUD as a sponsored ADR entry (informational only). CNN Markets: BUD
• Negative Sentiment: Erste Group slightly trimmed its FY2026 EPS forecast (from $4.35 to $4.33), a modest downgrade that signals some analyst caution on near‑term earnings.

About Anheuser-Busch InBev SA/NV

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.