

Ambev remains a Buy, supported by strong Q2 results, margin expansion, and reaffirmed 2026 guidance amid a challenging macro environment. ABEV delivered 6.1% net revenue growth, 8.9% Normalized EBITDA growth, and 24% Normalized EPS growth, with robust market share gains in Brazil. Valuation remains compelling, with intrinsic value estimated above current levels, implying a significant discount and margin of safety while Brazil's general election is near.

Bank of America Corp DE lessened its stake in Ambev S.A. (NYSE: ABEV) by 51.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,305,441 shares of the company's stock after selling 17,313,628 shares during the period. Bank of America

Ambev S.A. (ABEV) Q2 2026 Earnings Call Transcript

Ambev NYSE: ABEV reported stronger second-quarter operating performance, led by beer-volume growth, revenue management and margin expansion, while continuing to invest in brand activations tied to the FIFA World Cup.

Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Cervecerias Unidas (CCU) and Ambev (ABEV). But which of these two stocks offers value investors a better bang for their buck right now?

Ambev (ABEV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here is how Ambev (ABEV) and Chefs' Warehouse (CHEF) have performed compared to their sector so far this year.

Think pocket change can't yield income? About $2,400 invested in this beer giant should bring roughly $100 in annual payouts.