Bernstein keeps EUR 96 target for Anheuser-Busch InBev stock

Published on 10/16/2026 at 10:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein kept a EUR 96.00 target on October 15, 2026. Anheuser-Busch InBev stock costs EUR 73.32 on October 16, 2026.

Analyst view and operating figures

Bernstein maintained a EUR 96.00 price target on October 15, 2026.
Second-quarter revenue reached USD 16.66 billion, up 11.00 percent year over year.
Anheuser-Busch InBev stock traded at EUR 73.32 at 10:46 a.m. CEST at Lang & Schwarz on October 16, 2026.

Trading-Floor mit großen Bildschirmen und Aktienkursen im Börsensaal — Belebter Börsenhandelsraum mit großen Kurscharts symbolisiert die Euronext-Notierung von Anheuser-Busch InBev, ISIN BE0974293251, Illustration mit AI erstellt.

Anheuser-Busch InBev (ISIN BE0974293251) stock was quoted at EUR 73.32 at Lang & Schwarz on October 16, 2026 at 10:46 a.m. CEST. Bernstein maintained a Buy rating and a EUR 96.00 price target in a report dated October 15, 2026, according to Markets Insider.

Operating growth supports the case

The company delivered USD 16.66 billion in revenue in the second quarter of 2026, according to MarketBeat. The figure was 11.00 percent above the prior-year quarter, while earnings per share reached USD 1.21 against a consensus estimate of USD 1.09.

That operating result gives the analyst debate a concrete base. Bernstein's EUR 96.00 target lies 30.88 percent above the Lang & Schwarz price of EUR 73.32, using identical euro inputs. The target is therefore materially higher than the current German-market quote, while the rating remains constructive rather than aggressive.

Three dated signals for investors

Chronology: On July 29, 2026, AB InBev reported second-quarter revenue of USD 16.66 billion and earnings per share of USD 1.21, according to MarketBeat. On October 5, 2026, Wells Fargo cut its target from USD 97.00 to USD 88.00 while retaining an Overweight rating, as reported by MarketBeat. On October 15, 2026, Bernstein maintained its Buy rating and EUR 96.00 target, according to Markets Insider.

What comes next for results?

AB InBev's investor calendar lists October 29, 2026, for the third-quarter 2026 results, including a release at 7:00 a.m. Brussels time and an earnings call at 2:00 p.m., on the company's investor page. The next reporting date is the clearest scheduled catalyst. It will test whether the second-quarter revenue pace and earnings performance can continue into the second half of 2026.

Price and target remain separate signals

The current euro quote places the stock below Bernstein's target, but the two figures answer different questions. The target reflects an analyst valuation view, while the Lang & Schwarz quote captures the intraday market price at a specific time.

Anheuser-Busch InBev was trading at EUR 73.32 at Lang & Schwarz on October 16, 2026 at 10:46 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Anheuser-Busch InBev stock.