What’s Happening With BUD Stock?
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Anheuser-Busch InBev's stock (NYSE: BUD) has seen a modest 10% increase since January 2023, attributed to an 8% rise in revenue per share, despite a stable P/S ratio of 2.1x. The company reported a revenue increase from $52.8 billion in 2022 to $54.9 billion, with a notable decline in North American sales due to backlash from a marketing campaign. Future sales are expected to grow at a mid-single-digit rate, but the stock is trading at 18x forward earnings, suggesting limited growth potential with a projected valuation of $66 per share, indicating a 10% upside.
Source: Forbes The copyright of this article belongs to the original author/organization.
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