The Bull Case For Anheuser-Busch InBev (ENXTBR:ABI) Could Change Following $6 Billion Buyback and Leadership Shift

• Anheuser-Busch InBev announced a US$6 billion share repurchase program and released its third quarter 2025 earnings, reporting sales of US$15.13 billion and net income of US$1.05 billion for the quarter ended September 30, 2025.
• The board also approved an interim dividend, renewed a key services framework with its Asia-Pacific subsidiary, and disclosed the upcoming departure of its longstanding Chief People Officer, marking a period of significant corporate actions.
• We'll explore how the launch of a US$6 billion share buyback program may influence Anheuser-Busch InBev's investment narrative moving forward.

The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.

Anheuser-Busch InBev Investment Narrative Recap

Owning Anheuser-Busch InBev means believing in the company's ability to capture premiumization trends and expansion into emerging markets, even as it navigates changing consumer preferences and macro risks. The new US$6 billion share buyback program is not likely to materially change the most important short-term catalyst, volume recovery in key markets like China and Brazil, or alleviate the biggest risk, which is ongoing volume and demand softness that could undermine long-term top-line growth.

Among the recent announcements, the board's approval of an interim dividend of €0.15 per share stands out, reaffirming the company’s ongoing commitment to shareholder returns. For investors, dividend stability can be viewed as a signal of confidence in near-term cash flow and earnings, which directly links to volume and revenue trends in major markets.

On the other hand, it’s important for investors to be aware of the potential impact if volume declines in emerging markets deepen and...

Read the full narrative on Anheuser-Busch InBev (it's free!)

Anheuser-Busch InBev is projected to reach $67.7 billion in revenue and $9.7 billion in earnings by 2028. This outlook assumes a 5.0% annual revenue growth rate and a $2.6 billion increase in earnings from the current $7.1 billion.

Uncover how Anheuser-Busch InBev's forecasts yield a €69.05 fair value, a 24% upside to its current price.

Exploring Other Perspectives

Simply Wall St Community members offered 10 fair value estimates for Anheuser-Busch InBev, ranging from US$52.56 to US$146.94 per share. While premiumization supports a long-term growth story, contributors show just how widely opinions differ on what the stock could be worth.

Explore 10 other fair value estimates on Anheuser-Busch InBev - why the stock might be worth over 2x more than the current price!

Build Your Own Anheuser-Busch InBev Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Anheuser-Busch InBev research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.
• Our free Anheuser-Busch InBev research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Anheuser-Busch InBev's overall financial health at a glance.

No Opportunity In Anheuser-Busch InBev?

Our top stock finds are flying under the radar-for now. Get in early:

• Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 37 best rare earth metal stocks of the very few that mine this essential strategic resource.
• Find companies with promising cash flow potential yet trading below their fair value.
• Explore 27 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com