Anheuser-Busch Inbev SA Sponsor (BUD) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.21
- Estimate
- $1.14
- Surprise
- +6.4%
- Revenue (period 2026-06-30)
- $16.66B
- Score at report (before → after)
- 6.2 → 6.3/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
Anheuser-Busch Inbev SA Sponsor (BUD) beat the $1.14 estimate with diluted EPS of $1.21 — a clear 6.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.2/10) to Hold at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BUD Hold at 6.4/10.
4 of the last 4 quarters beat the estimate; this quarter's +6.4% surprise compares with a +6.2% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Consumer Defensive): +0.8
- Strong earnings beat streak (4/4)
What argues against it
- Thin upside margin: 5.2%
- Reward/Risk 1.1:1 at current price — below 1.5:1 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $80.47
- Price target
- $84.42
- Stop
- $77.74
- Upside to target
- +4.9%
- Reward-to-risk
- 1.1:1
At 17.1× trailing and 15.9× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
BUD at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Beverages - Brewers
- Market cap
- $155.60B
- P/E (fwd)
- 15.9
- P/E (ttm)
- 17.1
- 52-week range
- $57.79–$86.60
- Off 52-week high
- 7.1%
- RSI (14)
- 52
- Volume vs avg
- 0.83×
- Score today
- 6.4/10