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Ambev SA
(NYSE:ABEV)
Ambev SA (ABEV) vs. SPDR S&P 500 ETF (SPY)
Ambev SA Business Overview & Revenue Model
Ambev SA Earnings Call Summary
Ambev SA Financial Statement Overview
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Ambev SA Technical Analysis
Ambev SA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ― | ― | ― | ― | ― | ― | |
80 Outperform | $39.94B | 13.94 | 15.97% | 8.22% | -0.68% | 4.29% | |
75 Outperform | $125.58B | 17.57 | 8.97% | 1.83% | -2.06% | 21.03% | |
70 Outperform | $2.43B | 17.13 | 9.07% | 2.53% | 16.59% | 1.72% | |
67 Neutral | $24.81B | 20.80 | 15.91% | 2.92% | -5.57% | 119.49% | |
65 Neutral | $21.09B | 45.73 | 5.48% | 4.33% | 1.44% | -38.87% | |
53 Neutral | $9.17B | -4.34 | -17.66% | 4.08% | -4.01% | -339.22% |
Ambev SA Corporate Events
On December 22, 2025, Ambev S.A. disclosed that it has entered into a related-party agreement with its controlling shareholder Anheuser-Busch InBev and its subsidiaries for the use and operation of the BEES B2B digital sales platform. Under the terms, Ambev will pay an annual fee aligned with market standards for access to the full suite of BEES technology, products and services, and will have the option to acquire an equity stake or participate in any deal if a third party joins the shareholding structure of the entity that owns the platform, reflecting recognition of its investments in the system. The company stressed that the deal followed its related-party transaction policy, was benchmarked by an independent financial advisor against similar technology and digital services contracts, and was reviewed by the Governance Committee and approved by the Board of Directors without participation from ABI representatives on Ambev’s side, with management asserting that the arrangement is at arm’s length and justified by operational synergies, scale, international reach and information security benefits.
The most recent analyst rating on (ABEV) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
On December 9, 2025, Ambev S.A. approved a new policy regulating the hiring of services related or not related to auditing, provided by independent auditors. This policy outlines the general principles, jurisdictions, and unauthorized services to ensure compliance with regulations from the Brazilian Securities and Exchange Commission and the U.S. SEC. The policy aims to maintain the independence of auditors and includes a pre-approved list of services with annual fee limits. The Fiscal Board, acting as an audit committee, plays a crucial role in overseeing these engagements, ensuring transparency and adherence to the Sarbanes-Oxley Act.
The most recent analyst rating on (ABEV) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
On December 9, 2025, Ambev S.A. approved a new policy on remuneration and the granting of stock options and restricted shares to its Executive Board. This policy aims to align executive compensation with the company’s long-term value generation and performance culture, emphasizing meritocracy and competitive remuneration. The policy outlines various aspects of executive compensation, including fixed and variable remuneration, stock options, and benefits, all designed to attract and retain talent while ensuring alignment with the company’s strategic goals.
The most recent analyst rating on (ABEV) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
On December 9, 2025, Ambev S.A.’s Board of Directors approved the distribution of dividends amounting to R$ 0.4612 per share, based on the extraordinary balance sheet as of November 30, 2025. The payment, scheduled for December 30, 2025, will be made without withholding income tax. Additionally, the Board approved the distribution of interest on own capital at a gross amount of R$ 0.2690 per share, with a net distribution of R$ 0.2286 per share, subject to taxation. This distribution reflects Ambev’s commitment to shareholder value and transparency.
The most recent analyst rating on (ABEV) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
On December 9, 2025, Ambev S.A.’s Board of Directors approved the preparation of an extraordinary balance sheet as of November 30, 2025, and announced a dividend distribution of R$0.4612 per share, to be paid on December 30, 2025. Additionally, the Board approved the distribution of interest on capital of R$0.2690 per share, to be paid by December 31, 2026. The Board also acknowledged the resignation of Nelson José Jamel, effective January 1, 2026, and elected Ricardo Manuel Frangatos Pires Moreira to the People Committee.
The most recent analyst rating on (ABEV) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
During November 2025, Ambev S.A. reported that there were no changes in the securities and derivatives transactions by its management and related persons, as per the compliance with Article 11 of the CVM Instruction # 358/2002. The initial and final balances of shares and ADRs remained unchanged, indicating a stable position in their securities dealings for the month.
The most recent analyst rating on (ABEV) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
During the month of October 2025, Ambev S.A. reported no changes in the transactions of securities and derivatives by its board of directors and management. The company’s report, in compliance with Article 11 of CVM Instruction # 358/2002, indicated that the initial and final balances of shares and ADRs remained unchanged, reflecting stability in the company’s securities activities for the period. This stability in securities transactions suggests a period of operational steadiness for Ambev, which may reassure stakeholders about the company’s current market positioning.
The most recent analyst rating on (ABEV) stock is a Hold with a $13.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
In October 2025, Ambev S.A. reported transactions involving the delivery of 33,615 restricted shares at a price of R$11.99 each, totaling a volume of R$403,043.85. This transaction reflects Ambev’s ongoing management of its outstanding shares and may impact its market positioning by adjusting its share structure.
The most recent analyst rating on (ABEV) stock is a Hold with a $13.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
Ambev S.A., a leading beverage company based in Brazil, has submitted its monthly report for October 2025 to the Securities and Exchange Commission. This report, signed by Chief Financial and Investor Relations Officer Guilherme Fleury de Figueiredo Ferraz Parolari, is part of the company’s compliance with the Securities Exchange Act of 1934, indicating its ongoing commitment to regulatory transparency.
The most recent analyst rating on (ABEV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
Ambev S.A. has consolidated its best practices through a new Manual on Disclosure and Use of Information and Securities Trading Policy. This initiative aligns with the Brazilian Securities and Exchange Commission’s Ruling No. 44/21, which regulates the disclosure of material information and restricts securities trading by certain entities. The Manual aims to ensure transparency and adherence to regulations, impacting how directors and related persons manage and disclose privileged information, thereby reinforcing market integrity and investor trust.
The most recent analyst rating on (ABEV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
On October 29, 2025, Ambev S.A.’s Board of Directors approved a share buyback program, allowing the repurchase of up to 208 million common shares primarily for cancellation. This initiative aims to enhance shareholder value through effective capital management. Additionally, the Board approved updates to the company’s Manual on Disclosure and Use of Information and Securities Trading Policy, facilitating the execution of the buyback program and ensuring compliance with trading regulations.
The most recent analyst rating on (ABEV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
On October 29, 2025, Ambev S.A. released its interim consolidated financial statements for the quarter and nine-month period ending September 30, 2025. The review, conducted by PricewaterhouseCoopers, concluded that the financial statements were prepared in accordance with International Accounting Standard 34, with no significant issues identified. This announcement provides reassurance to stakeholders regarding the company’s financial reporting practices and its adherence to international accounting standards.
The most recent analyst rating on (ABEV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
Ambev SA reported its third-quarter results for 2025, highlighting a 5.8% decline in consolidated volumes due to soft industry conditions, particularly in Brazil and Canada. Despite this, the company achieved a 1.2% increase in net revenue and a 2.9% growth in normalized EBITDA, driven by effective cost management and strategic execution. The company also announced a share buyback program worth approximately R$ 2.5 billion, reflecting confidence in its long-term growth strategy. Ambev’s digital platforms, BEES and Zé Delivery, continued to show strong performance, contributing to the company’s competitive advantage.
The most recent analyst rating on (ABEV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
On October 29, 2025, Ambev S.A.’s Board of Directors approved a share buyback program to repurchase up to 208 million common shares, with the primary aim of cancelation. This move is intended to optimize capital allocation and potentially enhance shareholder value. The program, set to run until April 29, 2027, will involve transactions through major financial brokers and reflects Ambev’s strategic financial management. The impact on the company’s operations and market positioning could be significant, as it may influence share value and investor confidence.
The most recent analyst rating on (ABEV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
In September 2025, Ambev S.A. reported transactions involving the delivery of restricted shares, with a total of 146,923 shares delivered at a price of R$12.30 each, amounting to a volume of R$1,807,152.90. This transaction reflects Ambev’s ongoing management of its outstanding shares in treasury, impacting its financial operations and potentially influencing shareholder value.
The most recent analyst rating on (ABEV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.
In September 2025, Ambev S.A. reported transactions involving its securities and derivatives, as per CVM Instruction # 358/2002. The transactions were conducted by management and related persons, with notable activities including the sale of 5,000 shares at R$12.50 each through Corretora Itaú. These transactions reflect the company’s ongoing compliance with regulatory requirements and provide insights into the trading activities of its management, potentially impacting investor perceptions and market dynamics.
The most recent analyst rating on (ABEV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Ambev SA stock, see the ABEV Stock Forecast page.