TD Cowen cuts target for Anheuser-Busch InBev stock to USD 85
Published on 10/14/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst revision and operating figures
- TD Cowen cut its target from USD 89.00 to USD 85.00 on October 13, 2026.
- Second-quarter 2026 revenue reached USD 16.66 billion and earnings per share were USD 1.21.
- Anheuser-Busch InBev stock trades at EUR 70.88 at 10:45 a.m. CEST at Lang & Schwarz on October 14, 2026.
Anheuser-Busch InBev (BE0974293251) stock trades at EUR 70.88 at Lang & Schwarz on October 14, 2026, at 10:45 a.m. CEST. MarketBeat reported on October 13, 2026, that TD Cowen cut its target from USD 89.00 to USD 85.00 and maintained a Hold rating.
Target cut puts valuation in view
The revision is cautious, but the same report showed a wider analyst picture. Twelve analysts had Buy ratings and four had Hold ratings, producing a Moderate Buy consensus and an average target of USD 87.83, according to MarketBeat.
What do the latest results show?
The second-quarter 2026 numbers provide the operating counterweight to the target cut. Revenue reached USD 16.66 billion, up 11.00 percent from the same quarter a year earlier, while earnings per share came to USD 1.21 versus USD 1.09 expected, as MarketBeat reported. The revenue comparison gives investors a concrete measure of the business momentum behind the valuation discussion.
Three dated developments
On July 29, 2026, Anheuser-Busch InBev reported second-quarter revenue of USD 16.66 billion and earnings per share of USD 1.21; on October 5, 2026, Wells Fargo cut its target from USD 97.00 to USD 88.00 while keeping an Overweight rating; and on October 13, 2026, TD Cowen cut its target from USD 89.00 to USD 85.00, according to MarketBeat.
Next reporting date is October 29
AB InBev's next scheduled event is its third-quarter 2026 results release on October 29, 2026, according to the company's investor-relations page. That date gives the market a defined checkpoint for judging whether second-quarter growth is continuing.
Stock trades at EUR 70.88
The euro quotation stood at EUR 70.88 at Lang & Schwarz on October 14, 2026, at 10:45 a.m. CEST. The company reported fiscal-year 2025 revenue of USD 59.3 billion, normalized EBITDA of USD 21.2 billion and total volume of 561.1 million hectoliters, according to the company investor page. The further course of trading is shown by the continuously updated real-time quote of Anheuser-Busch InBev stock.
Anheuser-Busch InBev stock facts
- Company: Anheuser-Busch InBev SA/NV
- ISIN: BE0974293251
- Ticker: BUD
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 10:45 a.m. CEST): EUR 70.88
- Market capitalization: USD 159.5 billion (as of October 13, 2026)
- Sector / Industry: Consumer Defensive / Beverages - Alcoholic
Market context: Market report S&P 500.
