Goldman Sachs upgraded Alsea stock to Neutral

Published on 10/14/2026 at 15:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman set MXN 52.30 target on September 25, 2026. For Alsea stock this means results due October 20, 2026 after net income fell 48.40 percent.

The next test is scheduled

Goldman Sachs set a MXN 52.30 target on September 25, 2026.
Second-quarter net income fell 48.40 percent to MXN 528.00 million.
Third-quarter results are scheduled for October 20, 2026.

Alsea stock, restaurants, analyst rating, quarterly results, Mexican Stock Exchange, Illustration mit AI erstellt.

Goldman Sachs upgraded Alsea stock from Sell to Neutral and set a MXN 52.30 target on September 25, 2026, according to Investing.com. The change followed second-quarter net income of MXN 528.00 million, down 48.40 percent year over year.

Three dated developments

On July 20, 2026, Investing.com listed latest-quarter revenue of MXN 21.09 billion and net income of MXN 531.55 million. On September 25, 2026, Goldman Sachs moved its rating from Sell to Neutral and published the MXN 52.30 target, according to Investing.com. On October 6, 2026, Alsea announced that its third-quarter 2026 results would follow on October 20, 2026, according to Reuters.

What does the target imply?

The MXN 52.30 target gives the analyst action a concrete valuation anchor, while the Neutral rating reflects a more balanced view than the earlier Sell recommendation. Investing.com reported that Goldman Sachs cited softer Mexican consumer demand, foreign-exchange fluctuations and reduced operating leverage as factors behind the weaker second-quarter result. The same report said foreign-exchange-adjusted sales increased 3.50 percent and same-store sales rose 2.60 percent during the period.

Dates investors can track

MarketWatch lists October 20, 2026 for third-quarter results and March 1, 2027 for Alsea's full-year 2026 earnings. The October report will test whether the 2.60 percent same-store sales improvement can offset the 48.40 percent second-quarter net-income decline.

Listing and business profile

Alsea operates restaurant brands across Latin America and Europe and is listed on the Mexican Stock Exchange under ticker ALSEA, according to Reuters. The company profile places Alsea in the Consumer Cyclical sector and Restaurants industry, with operations spanning 4,262 locations.