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BUD

Anheuser Busch Inbev NV ADR

NYSE: BUD · CONSUMER DEFENSIVE · BEVERAGES - BREWERS

$75.55
+3.76% today

Updated 2026-04-30

Market cap
$140.73B
P/E ratio
21.41
P/S ratio
2.37x
EPS (TTM)
$3.39
Dividend yield
1.79%
52W range
$57 – $82
Volume
2.0M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Anheuser Busch Inbev NV ADR (BUD) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$75.55
Consensus
$92,000.00
+121673.66%
2030 Target
$456.32
+504.00%
DCF
$68.57
-12.67% MoS
27 analysts:
2 Buy2 Hold0 Sell

Management guidance

AB InBev management expressed confidence in 2026 growth prospects during Q4 2025 earnings (Feb 2026), citing slowing volume declines and premiumization momentum. CEO outlined optimistic near-term outlook with strategic acquisitions (BeatBox majority stake) and digital platform expansion (BEES generating $52.5B GMV in 2025). Specific multi-year revenue targets were not explicitly disclosed in available guidance, but management signaled acceleration from 2025's -0.75% decline.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$755.78
$73.6B Rev × 20x P/S
Base case (2030)
$456.32
$73.6B Rev × 12x P/S
Bear case (2030)
$299.46
$73.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$59.4B$59.8B$59.5B$64.2B$66.6B$68.8B$71.2B$73.6B
Revenue growth—0.7%-0.4%8.2%3.8%3.3%3.5%3.4%
EPS$3.05$3.52$3.73$4.33$4.86$5.20$5.58$5.95
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$399.28$413.54$427.80$442.06$456.32

Catalysts & risks

Growth catalysts
+ Premiumization strategy driving margin expansion across Corona, Michelob Ultra, and emerging brands
+ BEES digital platform monetization with 61% marketplace growth and expansion to 29+ markets by 2025
+ Beyond Beer portfolio growth (RTD cocktails, hard seltzers) expanding 23% YoY in 2025
+ Volume decline deceleration signaling market stabilization in 2026
+ Strategic M&A including BeatBox acquisition strengthening non-beer segment
+ Emerging market recovery and premium segment penetration in LATAM and APAC
Key risks
- Persistent volume declines in core beer category despite premiumization efforts
- Gen Z shift away from alcohol consumption impacting long-term demand
- High debt levels (Debt/Eq: 0.84) limiting financial flexibility for aggressive expansion
- Macroeconomic headwinds and consumer spending pressures in developed markets
- Regulatory scrutiny on alcohol marketing and sustainability pressures
- Competition from craft brewers and alternative beverage categories

Methodology

Anheuser Busch Inbev NV ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 27 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.