Anheuser-Busch InBev stock gained 1.57 percent on October 5

Published on 10/05/2026 at 18:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Anheuser-Busch InBev stock heads into October 29 results after 2Q26 revenue reached USD 16.66 billion, up 11.0 percent year over year. Underlying EPS rose 23.4 percent to USD 1.21.

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Anheuser-Busch InBev stock (ISIN BE0974293251) was last at EUR 65.90 on Euronext Brussels on October 5, 2026, up 1.57 percent, while the brewer heads toward its next results date. The second-quarter figures showed revenue of USD 16.66 billion and underlying EPS of USD 1.21, giving investors two separate measures of operating momentum.

Revenue growth sets the tone

According to Business Wire on July 30, 2026, reported revenue increased 11.0 percent in 2Q26 from USD 15.00 billion in 2Q25 to USD 16.66 billion. Underlying EPS rose 23.4 percent from USD 0.98 to USD 1.21, while normalized EBITDA increased 5.8 percent to USD 5.938 billion.

The mix also mattered. No-alcohol beer revenue increased 27 percent and Beyond Beer revenue advanced 44 percent in 2Q26, but Asia Pacific volumes declined 4.7 percent and China volumes fell 9.7 percent, leaving regional execution as a clear counterweight to premium brand growth.

Analysts keep a positive stance

MarketBeat reported on October 5, 2026, that Wells Fargo cut its NYSE ADR price target from USD 97.00 to USD 88.00 while maintaining an Overweight rating. The same report listed a Moderate Buy consensus from 17 analysts and an average target of USD 88.83.

The analyst picture therefore remains constructive, but the currency distinction matters: the consensus figures refer to the USD-listed ADR, whereas the reference share price in this article is the EUR quote on Euronext Brussels. That makes the company results and the October reporting date more useful anchors than a direct target-to-price comparison.

October results are the next checkpoint

AB InBev's investor calendar lists third-quarter 2026 results for October 29, 2026, with the earnings release scheduled for 7:00 a.m. Brussels time and the call at 2:00 p.m. Brussels time, according to Anheuser-Busch InBev. The next report will show whether 2Q26's 5.6 percent organic revenue growth and 0.9 percent volume growth carried into the third quarter.

Stock trades below yearly high

Anheuser-Busch InBev stock was last at EUR 65.90 on October 5, 2026, with a session range of EUR 65.50 to EUR 66.68 and a 52-week range of EUR 49.96 to EUR 76.18. Its market capitalization was EUR 129.8 billion and volume reached 1,819,772 shares.