Ambev stock reports Q2 EBITDA growth at EUR 2.52

Published on 09/29/2026 at 11:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ambev stock was trading at EUR 2.52 at Lang & Schwarz on September 29, 2026, down 0.40 percent versus EUR 2.53. MarketBeat cites a Reduce consensus and USD 3.08 target.

ABEV, US02319V1035, Illustration mit AI erstellt.

Ambev (ISIN US02319V1035) was trading at EUR 2.52 at Lang & Schwarz on September 29, 2026, down 0.40 percent from the EUR 2.53 prior close. The latest quarterly figures show stronger operating momentum than the muted share-price move suggests, with normalized EBITDA up 8.90 percent year over year.

Q2 growth reaches the bottom line

Ambev's second-quarter fiscal 2026 results included organic revenue growth of 6.10 percent and volume growth of 1.40 percent, according to Morningstar on August 31, 2026. Normalized EBITDA increased 8.90 percent as cost management offset higher marketing expenses tied to the FIFA World Cup.

The comparison matters because profit growth outpaced volume growth by 7.50 percentage points. That gap indicates that pricing, product mix and operating control contributed more to the quarter than shipment growth alone.

Revenue missed the consensus estimate

The latest quarterly release cited by MarketBeat on September 26, 2026, showed earnings per share of USD 0.04, matching the USD 0.04 consensus estimate. Revenue was USD 3.89 billion against the USD 4.05 billion forecast, a shortfall of USD 0.16 billion, or 3.95 percent.

That revenue miss is the counterweight to the EBITDA improvement. MarketBeat also reported a consensus Reduce rating and a USD 3.08 target, based on five Hold ratings and one Sell rating. The target stands USD 0.56 above the Lang & Schwarz price, a difference of 22.22 percent.

ABEV trades at EUR 2.52

Ambev was trading at EUR 2.52 at Lang & Schwarz on September 29, 2026, at 11:42 a.m. CEST, down 0.40 percent versus the prior close of EUR 2.53. The small daily move leaves the quarterly operating comparison, rather than the session change, as the clearest measurable signal for the stock.