Ambev stock costs EUR 2.63 versus its EUR 2.59 prior close

Published on 10/02/2026 at 20:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Normalized EBITDA reached BRL 6.40 billion in the second quarter of 2026. Ambev stock stood at EUR 2.63 on October 2, 2026, plus 1.54 percent.

ABEV, US02319V1035, Illustration mit AI erstellt.

Ambev (US02319V1035) stood at EUR 2.63 at Lang & Schwarz on October 2, 2026 at 8:42 p.m. CEST, plus 1.54 percent versus the prior close of EUR 2.59. The latest operating figures show normalized EBITDA reaching BRL 6.40 billion in the second quarter of 2026, with the brewer balancing revenue growth against a cautious analyst view.

Profit growth outpaced revenue

According to ScanX News on September 18, 2026, Ambev reported second-quarter net revenue of BRL 20.15 billion, a 6.10 percent organic increase. Normalized EBITDA rose 8.90 percent to BRL 6.40 billion, while its margin expanded by 0.80 percentage points to 31.60 percent.

The earnings mix was more favorable below the revenue line. Normalized earnings per share increased 24.20 percent to BRL 0.22 in the second quarter of 2026, and reported earnings per share rose 25.40 percent, according to ScanX News.

Beer volumes support the mix

Operational data point to beer as the main support for the quarter. Total volumes increased 1.40 percent organically, while Brazil beer volumes rose 5.00 percent, and the premium segment expanded at a high-teens rate, as reported by ScanX News.

Cash generation also strengthened the shareholder-return argument. Operating cash flow reached BRL 7.90 billion in the first half of 2026, an increase of more than 80.00 percent from the prior-year period, while the company had executed 95.00 percent of a BRL 3.20 billion share buyback program, according to ScanX News.

Analyst caution meets the next date

The counterweight is valuation sentiment. MarketBeat reported on September 14, 2026, that six analysts carried a consensus Reduce rating, comprising five Hold ratings and one Sell rating, with an average target of USD 3.08.

The next measurable catalyst is the third-quarter report. GetSignal lists October 29, 2026 as the next earnings date, giving investors a defined checkpoint for whether profit growth can continue to outpace revenue growth.

Ambev stock holds above its close

Ambev stock was trading at EUR 2.63 at Lang & Schwarz on October 2, 2026 at 8:42 p.m. CEST, plus 1.54 percent versus the Lang & Schwarz prior close of EUR 2.59 on October 1, 2026. The session was in the after-hours phase from the Xetra perspective.