Anheuser-Busch InBev BUD Stock Forecast 2023

Anheuser-Busch InBev BUD Stock Forecast 2023: Current Price

Anheuser-Busch InBev SA/NV produces, distributes, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck’s, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands. The company was founded in 1366 and is headquartered in Leuven, Belgium.

BUD Stock Performance

  • 1 M: +6.6%
  • 6 M: 36.8%
  • 12 M: +10.4%

BUD Stock Forecast 2023: Analysts

BUD Target Price, 12 Months$69.25

BUD Stock Forecast 2023: Latest News

Anheuser-Busch, the company that makes Bud Light, is being charged with discriminatory acts in connection with a program that seeks to provide minorities and women more chances.

In addition to filing a federal civil rights complaint against the brewing firm, Stephen Miller’s American First Legal, a conservative legal organization, also complained to the U.S. Equal Employment Opportunity Commission about the company’s alleged discriminatory employment practices.

According to the report, the “woke” corporation “proudly” discriminates against people based on their race, color, national origin, and sex under the “cloak of equity.” It referred to the Business Leadership Accelerator Programme, which offers executive engagement and other possibilities as well as mentorship but excludes White and Asian Americans.

Anheuser-Busch’s CEO has addressed criticism and demands for a boycott of Bud Light following the brand’s association with transgender influencer Dylan Mulvaney.

The business “never meant to be part of a discussion that divides people,” according to CEO Brendan Whitworth, in a long statement posted to Anheuser-Busch’s social media pages on Friday.

The statement added, “We never wanted to participate in a conversation that divides people. We specialize in bringing people together to drink beer.

Dylan Mulvaney, a transgender activist, and influencer who recently appeared in ads and on Budweiser cans as part of a collaboration with Anheuser-Busch was not particularly mentioned by Whitworth.

Anheuser-Busch InBev BUD Stock Forecast 2023: Technical Analysis

  • 52 Week Range: 44.51 – 67.09
  • Volume: 191,053
  • Average Vol.(3m): 1,802,987
  • Market Cap: 127.84B
  • EPS: 2.97
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When we look at the stock’s long-term technicals, it appears to be quite optimistic, but the short-term period graph is very foreboding. The graph looks to be in the sell range when seen over a one-day timeframe. The MA 50 and MA 200 are at 61.66 and 55.81, respectively, and the moving averages appear to be in good shape but the momentum oscillators are not favoring the stock, as shown by the relative strength index, which is 54.728, and the ultimate oscillator, which is 42.616.

Additionally, the MACD (12, 26) and Williams%R show contrasting signals where MACD is putting up a bullfight against Williams%R’s bear pressure which is favorable for the trend. The volatility index is very weak, showing that there is an insufficient interchange.

Anheuser-Busch InBev BUD Stock Forecast 2023: Fundamentals

Press statement from Anheuser-Busch InBev (BUD): $0.86 Non-GAAP EPS for Q4 surpassed expectations by $0.15. $560M is lost on revenue of $14.67B (+3.3% Y/Y).

Total volumes fell by 0.6% in the fourth quarter of 2012, with own beer volumes falling by 0.9% and non-beer volumes rising by 1.9%. In the fourth quarter of 2012, normalized EBITDA increased by 7.6% to $4,947 million while the normalized EBITDA margin shrank by 80 basis points to 33.7%.

At the end of 2022, the ratio of net debt to normalized EBITDA was 3.51 x, down from 3.96 x at the end of 2021.

2023 forecast: We anticipate that a good mix of volume and pricing will cause our revenue to expand faster than EBITDA, with a medium-term forecast of between 4% and 8%.

Depending on the exchange rate and interest rate changes, net pension interest and accretion expenditures are anticipated to range from $200M to $230M each quarter. In FY23, we anticipate that the typical gross debt coupon will be around 4%. Excluding any profits or losses from the hedging of our share-based payment programs, we anticipate the normalized ETR in FY23 to be in the range of 27% to 29%. In FY23, we anticipate net capital expenditures of $4.5 billion to $5 billion.

Anheuser-Busch InBev BUD Stock Forecast 2023: Macros

In 2023, the Beer category will generate US$120.60 billion in revenue. The market is anticipated to expand by 4.77% yearly (CAGR 2023-2027). In terms of worldwide comparison, China will create the largest revenue ($125.60 billion in 2023).

According to population statistics, US$358.20 in income is produced per person in 2023. By 2027, out-of-home consumption (such as that seen in bars and restaurants) will account for 23% of volume consumption and 45% of spending in the beer market.

By 2027, the volume in the beer category is anticipated to reach 24.34 billion L. In 2024, it’s anticipated that the beer market will have a volume rise of 1.0%. In the beer category, the average volume per person is anticipated to reach 69.63L in 2023.

BUD Stock Analysts Price Target

  1. CNN: The analysts offering 12-month price forecasts for Anheuser-Busch InBev SA have a median target of 66.50, with a high estimate of 80.00 and a low estimate of 60.00. The median estimate represents a +2.45% increase from the last price of 64.91.
  2. Tip Ranks: Based on 3 Wall Street analysts offering 12-month price targets for Anheuser-Busch InBev Sa in the last 3 months. The average price target is $74.67 with a high forecast of $80.00 and a low forecast of $68.00. The average price target represents a 15.02% change from the last price of $64.92.
  3. NASDAQ: Based on analysts offering 12-month price targets for BUD in the last 3 months. The average price target is $72 with a high estimate of $80 and a low estimate of $64.
Anheuser-Busch InBev BUD Stock Forecast 2023

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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Author: Pratyush Mengi