Wells Fargo cuts target for Anheuser-Busch InBev stock to USD 88
Published on 10/06/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Anheuser-Busch InBev stock was trading at EUR 66.61 at Lang & Schwarz on October 6, 2026 at 10:11 a.m. CEST, up 0.03 percent from the prior close of EUR 66.59. MarketBeat reported on October 5, 2026 that Wells Fargo cut its target from USD 97.00 to USD 88.00 while keeping an overweight rating.
Wells Fargo lowers the target
The target cut is the clearest fresh analyst signal for the brewer. The revised USD 88.00 target still stood above the companys US-listed reference price cited by MarketBeat, but the report offered a more cautious valuation marker than the previous USD 97.00 level.
MarketBeat also reported that 12 analysts rated the stock Buy and five rated it Hold, producing a Moderate Buy consensus. That split gives the Wells Fargo move context: the latest change was negative for the target, while the broader analyst balance remained constructive.
Second-quarter growth stays measurable
Business Wire reported on July 30, 2026 that reported revenue increased 11.00 percent to USD 16.66 billion in the second quarter of 2026. Normalized EBITDA rose 5.80 percent to USD 5.94 billion, while the normalized EBITDA margin expanded to 35.60 percent.
The company also maintained a medium-term outlook calling for EBITDA growth of 4.00 percent to 8.00 percent, according to the same second-quarter release. Revenue growth therefore came with a clear operating comparison: reported sales grew faster than normalized EBITDA in the period, leaving margin development as an important measure for the next update.
Buyback adds a capital-return signal
In a release dated September 28, 2026, Sharenet reported that AB InBev repurchased 1,124,057 shares between September 21 and September 25 for EUR 76.56 million. Since the program began in November 2025, the company had bought back 32,805,776 shares, equal to 1.62 percent of shares outstanding.
The next scheduled reporting event is October 29, 2026, when AB InBev plans to publish third-quarter results, as shown on the companys investor page. That date gives the market a defined checkpoint for testing the 4.00 percent to 8.00 percent EBITDA outlook against fresh operating data.
Stock holds near EUR 67
The Lang & Schwarz quote stood at EUR 66.61 on October 6, 2026 at 10:11 a.m. CEST, plus 0.03 percent versus the prior close of EUR 66.59. Market capitalization was USD 147.4 billion as of October 5, 2026.
The further course of trading is shown by the continuously updated real-time quote of Anheuser-Busch InBev stock.
Anheuser-Busch InBev at a glance
- Company: Anheuser-Busch InBev SA/NV
- ISIN: BE0974293251
- Ticker: ABI
- Primary exchange: Euronext Brussels
- Price Lang & Schwarz as of October 6, 2026, 10:11 a.m. CEST: EUR 66.61
- Change versus prior close: plus 0.03 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 66.59
- Market capitalization: USD 147.4 billion (as of October 5, 2026)
- Sector / Industry: Consumer Defensive / Beverages - Alcoholic
- Next earnings date: October 29, 2026
