Anheuser-Busch InBev stock holds firm as Netflix tie-up and India growth highlight brand strength

Anheuser-Busch InBev stock is trading near the upper end of its 12-month range as investors weigh a high-profile Netflix partnership and strong premium-beer momentum in India against a solid second quarter of 2026.

Anheuser-Busch InBev stock (ISIN BE0974293251) is trading close to the upper end of its 12-month range, with New York-listed shares last closing at 79.02 USD on September 2, 2026, only modestly below the recent 12-month high of 86.60 USD according to market data as of September 3, 2026. This leaves the brewer’s equity value at about 159.76 billion USD, underlining that investors are still assigning a premium to its global portfolio of beer brands.

Stock trades near top of 12-month band

According to a recent overview of the shares, Anheuser-Busch InBev SA/NV opened at 79.12 USD on the latest trading day, with a documented 12-month low of 57.79 USD and a 12-month high of 86.60 USD, and a market capitalization of 159.76 billion USD as of early September 2026. The same data set puts the price-to-earnings ratio at 16.76 and the PEG ratio at 1.13, signaling that the stock is priced at a moderate premium relative to its expected earnings growth.

Performance figures compiled through September 2, 2026 show that the stock has gained 24.12% year-to-date compared with a 14.73% advance for the BEL 20 index, and 27.96% over the last 12 months against 23.29% for the benchmark. This quantified outperformance indicates that investors have rewarded the company’s execution and cash generation more strongly than the broader Belgian blue-chip universe.

Second quarter 2026 results show double-digit revenue growth

In its most recent quarterly report for the second quarter of 2026, Anheuser-Busch InBev delivered earnings per share of 1.21 USD, exceeding the analyst consensus of 1.09 USD by 0.12 USD and demonstrating an earnings beat of about 11% for the period ended in mid-2026. Quarterly revenue came in at 16.66 billion USD, ahead of analyst estimates of 16.23 billion USD and representing an 11.0% increase compared with the same quarter of the prior year.

The company reported a net margin of 14.90% and a return on equity of 16.42% in that quarter, underlining robust profitability for a consumer-goods business with significant capital intensity. Long-term debt totaled 73.0 billion USD for fiscal year 2025, up 1.2% from 72.2 billion USD in the previous year, as disclosed in a March 2026 update; while this debt level remains sizeable, stable earnings and cash flows are key in maintaining leverage at manageable levels.

Analyst estimates compiled for the full year 2026 point to expected earnings per share of about 4.38 USD, implying that the second quarter performance, if sustained, would keep the company broadly in line with or slightly ahead of consensus expectations. A separate earnings-calendar overview shows a consensus EPS of 1.15 USD for the quarter ending in September 2026, providing investors with a clear benchmark against which upcoming third-quarter results will be judged.

Brand and regional momentum: Netflix partnership and India premium beer

Beyond the headline numbers, the brand strength of Anheuser-Busch InBev continues to be a central driver of its investment case. A recent collaboration between the company’s Stella Artois brand and the streaming platform Netflix around the series “The Gentlemen” includes a multi-market partnership and experiential activations such as a takeover of a London pub on September 3, 2026. The partners describe this tie-up as a marquee partnership designed to bring fans closer to the brand’s world, illustrating how the brewer leverages media to deepen consumer engagement.

In India, market data from the first half of 2026 indicate that the premium beer segment grew by more than 20%, while AB InBev’s share of that premium segment reached about 60%, its highest level in several years. At the same time, the company crossed a 20% share of the overall Indian beer market for the first time, signaling that premiumization strategies and favorable tax-policy changes are translating into tangible volume and value gains in a key emerging market.

A management commentary for AB InBev’s Indian operations highlights that changes in Maharashtra’s tax policy, combined with strong demand in large states such as Karnataka, West Bengal and Telangana and a strong summer season, contributed to high double-digit growth in the first quarter of the company’s current financial year. For shareholders, this regional momentum is important because it points to sustained organic growth beyond mature North American and European markets.

Corona as a global growth brand in the portfolio

One of Anheuser-Busch InBev’s global brands that illustrates its premium and lifestyle positioning is Corona. Recent brand activity includes the launch of the “2026 Beach 100” guide, which invites consumers worldwide to explore outdoor destinations during the summer season. Such initiatives reinforce Corona’s image as a beach and nature-oriented brand, supporting pricing power and helping the company capture discretionary spending in the higher-margin premium beer segment.

For the group, maintaining and expanding recognition of flagship names such as Corona, Stella Artois, Budweiser and Michelob Ultra is central to sustaining volume and mix improvements. Marketing campaigns, experiential events and content partnerships like the Netflix collaboration play a key role in differentiating these brands from regional competitors and in securing shelf space in both on-premise and retail channels.

Share price context for retail investors

As of the close on September 2, 2026, Anheuser-Busch InBev stock was quoted at 79.02 USD on the New York Stock Exchange, with after-hours indications near 78.01 USD. With the shares trading in the upper half of their documented 57.79 to 86.60 USD 12-month range and outperforming the BEL 20 index year-to-date, the current price level reflects confidence in the brewer’s ability to deliver earnings growth and manage its sizeable long-term debt.

Anheuser-Busch InBev at a glance

• Company: Anheuser-Busch InBev SA/NV
• ISIN: BE0974293251
• Ticker: BUD
• Trading venue: NYSE
• Price (as of September 2, 2026): 79.02 USD
• Market capitalization: 159.76 billion USD (as of September 3, 2026)
• Sector / Industry: Consumer Staples / Beverages
• Index membership: BEL 20