ABEV

Ambev S.A. NYSE

Consumer Defensive ·Beverages - Alcoholic ·BR · ambev.com.br

$2.90

After hrs $3.38 +0.25%

Mkt Cap $45.3B

52w Low $2.10 70.2% of range 52w High $3.24

50d MA $2.98 200d MA $2.56

P/E (TTM) 2.9x

EV/EBITDA 7.5x

P/B 0.5x

Debt/Equity 0.1x

ROE —

P/FCF 10.6x

RSI (14) —

ATR (14) —

Beta 0.31

50d MA $2.98

200d MA $2.56

Avg Volume 24.7M

About

Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products in the Americas. The company operates through four segments: Brazil; Central America and the Caribbean; Latin America South; and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Brahva Gold, Extra, Bud Li…

Recent Earnings

Date	Time	Est	Rptd	Surp	Base	Gap%	D1%	D2%	D3%	D4%	D5%	Guide ▲★
Feb 12, 2026	BMO	0.05	0.05	+0.0%	3.20	-2.5%	-2.8%	-2.8%	-3.8%	-4.7%	-3.8%	—
Oct 30, 2025	BMO	0.04	0.04	+0.0%	2.30	+0.4%	+0.4%	+0.4%	+2.2%	+3.9%	+5.2%	—
Jul 31, 2025	BMO	0.03	0.03	+0.0%	2.18	+1.8%	+0.0%	+0.0%	+1.4%	+1.4%	+3.7%	—
May 8, 2025	BMO	0.04	0.04	+0.0%	2.53	+0.4%	+0.0%	+0.0%	-1.2%	-0.4%	+0.0%	—
Feb 26, 2025	BMO	0.05	0.05	+0.0%	1.99	+2.0%	+6.0%	+6.0%	+4.0%	+4.5%	+5.0%	—
Oct 31, 2024	BMO	0.04	0.04	-11.2%	2.18	+0.0%	-1.4%	-1.4%	+1.4%	+1.8%	+1.4%	—
Feb 29, 2024	BMO	0.05	0.06	+20.0%	2.49	+0.4%	-0.4%	-0.4%	+0.4%	+2.4%	+2.0%	—
Oct 31, 2023	BMO	0.04	0.05	+19.9%	2.53	+0.0%	+2.0%	+2.0%	+3.2%	+6.7%	+8.7%	—
Aug 3, 2023	BMO	0.03	0.03	+11.9%	2.95	+1.4%	+1.0%	+1.0%	+0.3%	-0.3%	-1.4%	—
May 4, 2023	BMO	0.03	0.04	+45.5%	2.91	-1.0%	-0.7%	-0.7%	-1.4%	-1.7%	-1.0%	—
Mar 2, 2023	BMO	0.03	0.06	+118.1%	2.52	+0.0%	+0.0%	+0.0%	+3.6%	+2.0%	+4.4%	—
Oct 27, 2022	BMO	0.03	0.04	+23.4%	2.89	-0.7%	+1.4%	+1.4%	+5.2%	+5.9%	+2.8%	—

Recent Analyst Ratings

Date	Firm	Action	Grade	Target	Base	Open	Gap%	D1%	D2%	D3%	D4%	D5%
Apr 16	UBS	Downgrade	Neutral → Sell	—	$3.13	$3.07	-1.9%	-2.6%	-2.6%	-1.9%	-1.9%	-3.8%
Feb 17	Barclays	Maintains	Equal Weight → Equal Weight	—	$3.11	$3.11	+0.0%	-1.0%	-1.9%	-1.0%	-1.3%	+0.6%
Nov 26	Bernstein	Downgrade	Outperform → Market Perform	—	$2.51	$2.49	-0.8%	+0.0%	+1.2%	+2.4%	+2.8%	+4.4%
Aug 20	UBS	Maintains	Neutral → Neutral	—	$2.17	$2.17	+0.0%	+0.9%	+0.9%	+2.8%	+1.4%	+1.4%
Aug 1	HSBC	Downgrade	Buy → Hold	—	$2.18	$2.22	+1.8%	+0.0%	+1.4%	+1.4%	+3.7%	+4.6%
Jun 4	UBS	Maintains	Neutral → Neutral	—	$2.48	$2.50	+0.8%	-0.4%	-0.8%	+0.4%	+0.0%	-1.2%
May 12	Barclays	Maintains	Equal Weight → Equal Weight	—	$2.53	$2.50	-1.2%	-1.2%	-0.4%	+0.0%	+0.4%	+0.8%
Apr 22	UBS	Downgrade	Buy → Neutral	—	$2.40	$2.38	-0.8%	+1.2%	+2.1%	+2.5%	+2.9%	+3.8%
Apr 7	Morgan Stanley	Downgrade	Equal Weight → Underweight	—	$2.31	$2.16	-6.5%	-3.9%	-6.9%	-0.4%	-2.2%	-2.6%
Mar 5	UBS	Maintains	Buy → Buy	—	$2.09	$2.13	+1.9%	+4.8%	+5.7%	+6.7%	+6.7%	+4.8%
Jan 22	Citigroup	Downgrade	Buy → Neutral	—	$1.82	$1.82	+0.0%	-1.1%	+0.0%	-1.6%	+0.5%	+1.6%
Jan 21	Barclays	Maintains	Equal Weight → Equal Weight	—	$1.78	$1.79	+0.6%	+2.2%	+1.1%	+2.2%	+0.6%	+2.8%
Jul 31	UBS	Maintains	Buy → Buy	—	$2.09	$2.06	-1.4%	-1.4%	-1.9%	-1.0%	+0.0%	+1.9%
May 9	Barclays	Maintains	Equal Weight → Equal Weight	—	$2.37	$2.34	-1.3%	-1.3%	-2.1%	-1.7%	-0.4%	+0.8%
Mar 4	Barclays	Downgrade	Overweight → Equal Weight	—	$2.48	$2.48	+0.0%	+0.8%	+2.8%	+2.4%	+2.8%	+3.2%
May 24	Bernstein	Maintains	Outperform → Outperform	—	$2.88	$2.92	+1.4%	+2.1%	+1.0%	+1.0%	-1.7%	-3.1%
Jul 13	JP Morgan	Upgrade	Neutral → Overweight	—	$2.51	$2.60	+3.6%	+6.0%	+7.2%	+5.6%	+5.2%	+5.6%
Nov 3	BofA Securities	Upgrade	Underperform → Neutral	—	$3.00	$3.04	+1.3%	+4.7%	+4.7%	+7.3%	+5.0%	+6.7%
Oct 6	Barclays	Upgrade	Equal Weight → Overweight	—	$2.73	$2.73	+0.0%	-0.7%	-1.8%	+0.4%	-1.1%	-1.1%
Jun 17	Barclays	Upgrade	Underweight → Equal Weight	—	$3.79	$3.86	+1.8%	-0.8%	-2.6%	-1.8%	-3.4%	-5.3%
May 20	Itau BBA	Downgrade	Outperform → Market Perform	—	$3.35	$3.34	-0.3%	+0.0%	-1.5%	-0.6%	-1.5%	-1.8%
Jan 13	Bradesco	Downgrade	Neutral → Underperform	—	$3.19	$3.08	-3.4%	-3.4%	-0.3%	-4.4%	-3.8%	-4.7%
Jan 12	Bradesco Corretora	Downgrade	Neutral → Underperform	—	$2.96	$3.01	+1.7%	+7.8%	+4.1%	+7.4%	+3.0%	+3.7%
Nov 3	Citigroup	Upgrade	Neutral → Buy	—	$2.18	$2.23	+2.3%	+3.2%	+3.2%	+11.5%	+13.8%	+22.0%
Mar 24	JP Morgan	Downgrade	Neutral → Underweight	—	$2.25	$2.39	+6.2%	+0.0%	+5.3%	+17.3%	+11.6%	+10.2%
Dec 3	Barclays	Downgrade	Equal Weight → Underweight	—	$4.24	$4.23	-0.2%	+0.0%	+1.9%	+1.9%	+5.0%	+4.5%
Nov 15	UBS	Maintains	Sell → Sell	—	$4.15	$4.17	+0.5%	+1.2%	-0.5%	+1.2%	+1.4%	+3.1%
Aug 27	Barclays	Downgrade	Overweight → Equal Weight	—	$4.37	$4.38	+0.2%	+0.0%	+0.5%	+2.5%	+3.9%	+1.6%
Jul 26	JP Morgan	Upgrade	Underweight → Neutral	—	$5.16	$5.20	+0.8%	+1.6%	+4.7%	+3.1%	+2.1%	+2.5%
Oct 25	Bank of America	Downgrade	Neutral → Underperform	—	$4.21	$3.97	-5.7%	-4.0%	-1.9%	-2.1%	+1.9%	+2.9%
Oct 25	BofA Securities	Downgrade	Neutral → Underperform	—	$4.21	$3.97	-5.7%	-4.0%	-1.9%	-2.1%	+1.9%	+2.9%
Jul 27	Barclays	Upgrade	Equal Weight → Overweight	—	$5.31	$5.37	+1.1%	-0.6%	-1.1%	-3.2%	-2.8%	-4.1%
May 22	JP Morgan	Maintains	Overweight → Overweight	—	$5.46	$5.49	+0.5%	+1.1%	+0.9%	+1.6%	-0.2%	-4.8%
Apr 9	JP Morgan	Maintains	Overweight → Overweight	—	$6.86	$6.83	-0.4%	-1.0%	+1.2%	+2.0%	-1.3%	-1.6%
Oct 27	Barclays	Maintains	Equal Weight → Equal Weight	—	$6.32	$6.41	+1.4%	+1.1%	+0.5%	+0.2%	-0.5%	-0.6%
Sep 12	Credit Suisse	Upgrade	Neutral → Outperform	—	$6.48	$6.58	+1.5%	+3.1%	+3.2%	+4.0%	+5.1%	+3.4%
Nov 10	JP Morgan	Upgrade	Neutral → Overweight	—	$5.48	$5.27	-3.8%	-3.1%	-6.6%	-8.6%	-5.8%	-5.7%
Nov 3	Barclays	Maintains	Equal Weight → Equal Weight	—	$5.55	$5.67	+2.2%	-1.4%	-2.2%	+0.4%	+2.0%	-1.3%
Aug 18	Morgan Stanley	Downgrade	Overweight → Equal Weight	—	$6.25	$6.20	-0.8%	-1.6%	-1.1%	-2.4%	-2.9%	-2.9%
May 5	JP Morgan	Downgrade	Overweight → Neutral	—	$5.48	$5.49	+0.2%	-2.4%	-2.7%	-2.9%	-0.9%	-0.7%
Jun 1	JP Morgan	Upgrade	Neutral → Overweight	—	$5.75	$5.84	+1.6%	+1.4%	+2.4%	+1.7%	+1.2%	+3.0%
Dec 17	Morgan Stanley	Maintains	Overweight → Overweight	—	$5.68	$5.70	+0.4%	+2.8%	+5.6%	+5.8%	+7.0%	+6.9%
Nov 11	JP Morgan	Maintains	Neutral → Neutral	—	$6.39	$6.24	-2.3%	-1.7%	+0.6%	-2.3%	-4.4%	-3.9%
Jun 9	Barclays	Maintains	Overweight → Overweight	—	$7.18	$7.21	+0.4%	+2.1%	+1.0%	-0.6%	-0.6%	-1.3%
Jun 3	JP Morgan	Maintains	Overweight → Overweight	—	$7.09	$7.14	+0.7%	+0.6%	-1.0%	-0.8%	+1.3%	+3.4%
May 1	JP Morgan	Maintains	Overweight → Overweight	—	$7.25	$7.31	+0.8%	-1.4%	-0.1%	+1.0%	+2.2%	+0.4%
Jan 7	Morgan Stanley	Upgrade	Equal Weight → Overweight	—	$6.98	$7.28	+4.3%	+3.9%	+3.9%	+1.4%	+4.6%	+3.7%
Jan 10	JP Morgan	Maintains	Overweight → Overweight	—	$8.49	$8.53	+0.5%	+0.6%	-0.6%	+0.7%	+2.0%	+3.1%
Aug 21	Deutsche Bank	Maintains	Hold → Hold	—	$6.13	$6.14	+0.2%	-3.1%	-1.0%	-1.3%	-1.0%	-1.3%
Jul 20	Citigroup	Maintains	Buy → Buy	—	$6.01	$5.95	-1.0%	+0.3%	-1.3%	-0.7%	-3.2%	+1.3%

Data updated apr 26, 2026 9:25am · Source: massive.com