Ambev ABEV Shares Rally 1.23% to New High on Strong Q3 Earnings

Ambev (ABEV) shares hit a new high this month, climbing 1.23% intraday as optimism over its Q3 2025 results fueled investor confidence. The stock’s rally extended a two-day winning streak, with cumulative gains of 1.67% since October 30, when the company released its quarterly earnings.

The beverage giant’s Q3 performance highlighted a 1.2% year-over-year rise in organic revenue, driven by a 7.4% increase in net revenue per hectoliter. This pricing strength, coupled with a 2.9% EBITDA margin expansion, underscored its disciplined cost management and premiumization strategies. Normalized profit also rose 7.4% to R$3.74 billion, supported by tax efficiency and operational optimization. These results positioned Ambev as a resilient player in Brazil’s volatile market, where inflation and currency fluctuations have historically pressured margins.

Ambev’s strategic focus on brand equity and market share retention has bolstered its long-term outlook. Year-to-date through September 2025, the company posted 3.7% topline growth, reflecting its ability to balance pricing power with cost control. While challenges like input costs and regulatory risks persist, its dominant market position in Brazil and regional diversification across Latin America provide a buffer. The stock’s recent surge signals investor recognition of Ambev’s operational discipline and stable cash flows, aligning with its reputation as a defensive play in a high-growth sector.