Anheuser-Busch InBev stock approaches Q3 results after strong half year

Published on 10/07/2026 at 14:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Anheuser-Busch InBev stock reflects 5.7 percent HY26 organic revenue growth and a 22.1 percent EPS increase. Q3 results are scheduled for October 29, 2026.

Isometrisches 3D-Diagramm der Braukette von Gerstenfeld bis Abfüllung — Isometrische 3D-Grafik zeigt die Wertschöpfungskette der Bierproduktion von Anheuser-Busch InBev, ISIN BE0974293251, Illustration mit AI erstellt.

Anheuser-Busch InBev (ISIN BE0974293251) closed at EUR 67.56 on Euronext Brussels on October 6, 2026, while its 52-week range stood at EUR 50.10 to EUR 76.18. The brewer's next quantified checkpoint is its third-quarter results release scheduled for October 29, 2026, according to AB InBev.

Half year revenue grows 5.7 percent

AB InBev's HY26 organic revenue increased 5.7 percent to USD 31.927 billion, while normalized EBITDA rose 5.6 percent to USD 11.375 billion. The figures cover the six months ended June 30, 2026, and come from the company's second-quarter release published on July 30, 2026, via Business Wire.

Underlying EPS advanced 22.1 percent to USD 2.18 from USD 1.79 in HY25. The comparison matters because the earnings increase outpaced organic revenue growth, giving the upcoming Q3 report a clear test of whether mix and cost management can keep widening the profit conversion.

Digital brands lift the operating mix

The second-quarter release showed a 50 percent increase in BEES Marketplace gross merchandise value to USD 1.2 billion, while no-alcohol beer revenue grew 27 percent and Beyond Beer revenue increased 44 percent. Corona, Stella Artois and Michelob Ultra revenue rose 17 percent, 19 percent and 21 percent outside their home markets, respectively, according to Business Wire.

Regional performance remained uneven. China revenue declined 8.8 percent in Q2 2026, while Brazil revenue increased 7.8 percent and Brazil EBITDA rose 16.1 percent, leaving geographic mix as an important variable for the next report.

Analysts keep a positive ADR view

For the separate NYSE ADR, Wells Fargo lowered its target from USD 97.00 to USD 88.00 while retaining an Overweight rating in a report issued on October 5, 2026, as MarketBeat reported. The portal listed a Moderate Buy consensus from 17 analysts, with 12 Buy ratings, five Hold ratings and an average target of USD 88.83.

Stock remains below the yearly high

Anheuser-Busch InBev stock closed at EUR 67.56 on October 6, 2026, against a 52-week high of EUR 76.18 and a 52-week low of EUR 50.10. The Brussels listing carried a market capitalization of EUR 133.2 billion and volume of 1,680,000 shares on that session.