AB InBev outlines 5 to 9 percent EBIT growth: Anheuser-Busch InBev stock trades at EUR 75.71

Published on 10/23/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached USD 16.66 billion, up 11.00 percent. Anheuser-Busch InBev stock trades at EUR 75.71 on October 23, 2026.

Growth plan and financial update

AB InBev outlined 5.00 to 9.00 percent annual EBIT growth targets on September 23, 2026.
Second-quarter 2026 revenue reached USD 16.66 billion, up 11.00 percent year over year.
Anheuser-Busch InBev stock trades at EUR 75.71 at 10:03 a.m. CEST at Lang & Schwarz on October 23, 2026.
TD Cowen cut its target from USD 89.00 to USD 85.00 on October 13, 2026.

Isometrisches 3D-Diagramm der Braukette von Gerstenfeld bis Abfüllung — Isometrische 3D-Grafik zeigt die Wertschöpfungskette der Bierproduktion von Anheuser-Busch InBev, ISIN BE0974293251, Illustration mit AI erstellt.

Anheuser-Busch InBev stock (ISIN BE0974293251) trades at EUR 75.71 at Lang & Schwarz on October 23, 2026 at 10:03 a.m. CEST. The brewer outlined a medium-term target for average annual EBIT growth of 5.00 to 9.00 percent at its capital markets day on September 23, 2026, as Ground News reported.

Growth plan shifts the metric

The strategy places EBIT at the center of the medium-term target instead of EBITDA. Ground News reported that the September 23, 2026 presentation emphasized organic growth, portfolio expansion, digital platforms and greater capital-allocation flexibility.

The chronology is clear. On February 12, 2026, AB InBev published fiscal year 2025 revenue of USD 59.30 billion and normalized EBITDA of USD 21.20 billion. On July 30, 2026, it reported second-quarter revenue of USD 16.66 billion. On September 23, 2026, management outlined the 5.00 to 9.00 percent annual EBIT growth target.

What does the target mean?

The target puts operating profit growth ahead of a volume-only narrative. AB InBev's second-quarter 2026 revenue was up 11.00 percent from the prior-year quarter, while its latest full-year performance showed total volume of 561.10 million hectoliters and underlying earnings per share of USD 3.73, according to AB InBev.

Analyst expectations have become more selective. According to MarketBeat on October 13, 2026, TD Cowen cut its target from USD 89.00 to USD 85.00 and maintained a Hold rating. The revision contrasts with the company's 5.00 to 9.00 percent operating-growth ambition.

Next results date is set

The next substantiated date is October 29, 2026, when AB InBev is scheduled to release third-quarter 2026 results, according to the company's investor page. The release is scheduled for 7:00 a.m. Brussels time, followed by a conference call at 2:00 p.m. Brussels time.

Trading price and investor context

The current euro quotation gives investors a market reference ahead of the results date, while the capital-markets-day target supplies the central operating context. The company's market capitalization stood at EUR 149.30 billion on October 22, 2026.

At Lang & Schwarz, the stock was trading at EUR 75.71 on October 23, 2026 at 10:03 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Anheuser-Busch InBev stock.