MSBUDWS@EC2604A

AB InBev Asia Q4 2025 Earnings Miss; Nomura Cuts Target Price

UBS cuts Anheuser-Busch InBev Asia-Pacific target price to HKD 8.6

Morgan Stanley Cuts Anheuser-Busch Asia-Pacific's 2025 and 2026 Profit Forecast

HSBC Research Downgrades HSBAP Target Price to HKD 8.3 and Maintains Hold Rating

Morgan Stanley and UOB Maintain Buy Rating for Boston Beer Company

Goldman Adjusts Forecast for BGI Asia with Buy Rating

Budweiser APAC Sees Slump in 2025, Plans to Reinvigorate China Market in 2026

Budweiser APAC Annual Net Profit Below Expectations

BUD APAC released FY2025 Q4 earnings on February 11 Pre-Market (BJT), actual revenue HKD 8.348 B (forecast HKD 8.537 B), actual EPS HKD -0.0617 (forecast HKD 0.07)

BUD APAC released FY2025 Annual Earnings on February 11 Pre-Market (BJT), Actual Revenue HKD 44.95 B (Forecast HKD 45.02 B), Actual EPS HKD 0.2861 (Forecast HKD 0.3588)

BUD APAC to release FY2025 earnings report on February 12, 2026 Pre-Market BJT, forecast revenue HKD 45.12 B, EPS HKD 0.3599

Citibank 下调 Budweiser APAC sales and net profit forecast

JPMorgan Expects AB InBev Asia Pacific Q4 Natural Revenue and EBITDA to Decline

Goldman Sachs 下调 Budapest Asia Pacific 的目标股价

ICC Partners with Budweiser for Major Events

Budweiser APAC pledges aid to affected residents in Tai Po

Budweiser APAC pledges HKD 10 million for Tai Po fire relief

Nomura Publishes Report and Gives SABMiller Asia Buy Rating

JPMorgan and Everbright Securities Maintain Buy Rating for ABI

Cinda International Downgrades AB InBev Asia Pacific's FY25 Net Profit Forecast

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AE LOGISTICS

GUANZE MEDICAL

WATER INDUSTRY

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IDT INT'L

HAIZHI TECH GP

MANY IDEA CLOUD

FIRST CAP GP

XL2CSOPCOIN-U

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Berenberg Lifts AB InBev Price Target, Forecasts Amid Expected Volume Growth in FY26

marketscreener

Anheuser-Busch InBev NV

BUD APAC

Berenberg Lifts AB InBev Price Target, Forecasts Amid Expected Volume Growth in FY26

Nomura Adjusts Budweiser Brewing Company APAC's Price Target to HK$9.20 From HK$9.40, Keeps at Buy

Nomura Adjusts Budweiser Brewing Company APAC's Price Target to HK$9.20 From HK$9.40, Keeps at Buy

Budweiser Brewing Co. APAC Ltd. has announced the granting of over 22 million share-based awards to eligible employees, including locked-up shares and restricted stock units. This initiative aims to align employee incentives with long-term shareholder value and strengthen management retention. The awards come with a three-year lock-up period and a purchase price above market value. The final number of shares will be confirmed by March 2026. Analysts currently rate the stock as a Buy with a price target of HK$9.20.

Tip Ranks

Budweiser APAC Grants Over 22 Million Share-Based Awards to Staff

HEINY

Heineken N.V. has announced updates regarding its share buyback program. In addition, recent economic data reveals a drop in the unemployment rate to 4.5%, the lowest in five years, with 1.2 million jobs created last quarter. GDP growth has risen to 3.8%, boosting consumer confidence and leading to a 6% increase in retail sales compared to last year, attributed to government initiatives promoting job growth and investment.

Unusual Whales

Heineken

Heineken N.V. updates on the buyback of its shares.

TAP.A

Berenberg Bank has maintained a Buy rating on Anheuser Busch InBev SA/NV (0RJI) with a price target of €89.00, according to analyst Javier Gonzalez Lastra. He is ranked #2422 out of 12061 analysts on TipRanks. Additionally, Bank of America Securities also issued a Buy rating, while TD Cowen maintained a Hold rating on the same day.

Molson Coors Beverage

Berenberg Bank Remains a Buy on Anheuser Busch InBev SA/NV (0RJI)

Nomura has lowered its revenue and EBITDA forecasts for BUD APAC for 2025, with the target price reduced from HKD 9.4 to HKD 9.2. The report indicates that revenue for the fourth quarter of 2025 is expected to be USD 1.07 billion, a year-on-year decrease of 4%, with EBITDA dropping to USD 167 million, below market expectations. Despite a 15% decline in earnings per share, the company still recommends a final dividend of HKD 0.0566 per share. The industry environment faces significant challenges, and it is expected that gross margin and EBIT margin will decline in 2026, putting pressure on the annual profit margin

AASTOCKS

Nomura lowers Bud APAC's revenue and EBITDA forecasts, target price adjusted to 9.2 yuan

HSBC Research has lowered the target price for BUD APAC to HKD 8.3, maintaining a "Hold" rating. The report indicates that the normalized EBITDA for 2025 is 1% below expectations and emphasizes that the company will restart growth in the Chinese market, explore the South Korean market, and maintain momentum in the Indian market. The dividend yield for 2026 is expected to be 4.8%

HSBC Research lowers the target price for BUD APAC to HKD 8.3, maintaining a "Hold" rating

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Jefferies has maintained a Buy rating on Budweiser Brewing Co. APAC Ltd. (1876) with a price target of HK$9.70, while the shares closed at HK$7.94. The analyst consensus is a Strong Buy with an average price target of HK$9.04, indicating a potential upside of 13.85%. CLSA also supports this with a Buy rating and a HK$9.00 price target.

Tianhong CSI Food and Beverage ETF

China Merchants Guozheng Food and Beverage ETF

China Merchants CSI Liquor Index Fund-A

ChinaAMC CSI Food & Beverage Sub-Industry ETF

Penghua CSI Alcoholic Drink ETF

Budweiser Brewing Co. APAC Ltd. (1876) Gets a Buy from Jefferies

Morgan Stanley analyst Lillian Lou has maintained a Buy rating on Budweiser Brewing Co. APAC Ltd. with a price target of HK$9.00, while the shares closed at HK$7.83. The analyst consensus is Strong Buy, with a target of HK$9.21, indicating a 17.62% upside. DBS also supports a Buy rating with a price target of HK$9.20.

Budweiser Brewing Co. APAC Ltd. (1876) Gets a Buy from Morgan Stanley

FTXG

Anheuser-Busch InBev (ENXTBR:ABI) reported Q4 2025 revenue of approximately US$15.6 billion and EPS of US$0.99, concluding a year with a total revenue of about US$59.3 billion and EPS of US$3.45. The net profit margin increased from 9.8% to 11.5%. While bulls highlight premium brands as growth drivers, bears express concerns over high debt and reliance on premiumization amid soft core beer volumes. The stock trades at a P/E of 22.9x, above the industry average, raising mixed valuation signals as earnings growth forecasts lag behind market expectations.

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VictoryShares Pioneer Asst-Based Inc ETF

Invesco Food & Beverage ETF

Molson Coors Beverage Co-B

First Trust NASDAQ Food & Beverage

AB InBev (ENXTBR:ABI) Margin Expansion Reinforces Bullish Profitability Narratives

NÜTRL is amping up the excitement and flavors for the FIFA World Cup 2026™, enhancing the fan experience at stadiums and bars. Recently announced as the Official Hard Seltzer, NÜTRL promises to bring a delightful blend of high energy and great taste for the tournament. Excitement is brewing as the brand gears up to elevate the experience for fans across the globe.

NÜTRL to sponsor FIFA World Cup 2026™ with hard seltzer; enhancing fan experience with flavor and fun.

DBS has maintained a Buy rating on Anheuser Busch InBev SA/NV (0RJI) with a price target of €79.00, according to analyst Zheng Feng Chee. Despite Feng Chee's average return of -0.8% and a 53.54% success rate, the stock also received a Buy rating from Citi's Simon Hales. Conversely, ING Group downgraded the stock to a Hold on February 10.

DBS Remains a Buy on Anheuser Busch InBev SA/NV (0RJI)

Jefferies Adjusts Budweiser Brewing Company APAC's Price Target to HK$9.70 From HK$9.50, Keeps at Buy

Jefferies Adjusts Budweiser Brewing Company APAC's Price Target to HK$9.70 From HK$9.50, Keeps at Buy

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MSBUDWS@EC2604A(21546.HK)

Berenberg Lifts AB InBev Price Target, Forecasts Amid Expected Volume Growth in FY26

Nomura Adjusts Budweiser Brewing Company APAC's Price Target to HK$9.20 From HK$9.40, Keeps at Buy

Budweiser APAC Grants Over 22 Million Share-Based Awards to Staff

Heineken N.V. updates on the buyback of its shares.

Berenberg Bank Remains a Buy on Anheuser Busch InBev SA/NV (0RJI)