Brazilian beer volumes resilient but premiumization momentum has stalled. Argentine peso volatility hurts reported numbers despite strong local-currency performance. Canada beer market continues to be a drag. Strong cash generation and dividend yield around 5% provide downside support. Wait for clearer pricing/mix recovery.
Thesis reviewed May 29, 2026
Ambev SA is headquartered in Brazil, which is currently showing elevated risk signals.
π§π·Brazil74WATCHView Brazil risk detail βπConsumer17NEUTRAL| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| JD | JD.com Inc | 24 | +13% | β2% | EARLY |
| NIO | NIO Inc | 24 | -10% | β2% | AVOID |
| LI | Li Auto Inc | 24 | +7% | β2% | NEUTRAL |
| DEO | Diageo PLC | 24 | +8% | β2% | NEUTRAL |
| RACE | Ferrari NV | 24 | +17% | β2% | EARLY |
| TM | Toyota Motor Corporation | 24 | +12% | β2% | EARLY |
| SM | SM Investments Corporation | 24 | +10% | β2% | EARLY |
Investors who hold ABEV may also have indirect exposure through these country funds.
Ambev Q4 Brazil volumes +2% but premium share flat
Argentina recovery offers reported earnings boost in 2026
Labatt Canada market share losses continue to Molson Coors
Estimates Β· Yahoo Finance Β· Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Josh GottheimerNJ | D | Buy | $1kβ$15k | Jul 19, 24 | +44.7% |
| Josh GottheimerNJ | D | Buy | $1kβ$15k | Jul 31, 24 | +44.7% |
| Josh GottheimerNJ | D | Sell | $1kβ$15k | Jun 18, 24 | +67.7% |