What's Going On With Anheuser-Busch Stock Wednesday? - Anheuser-Busch InBev (NYSE:BUD)

Budweiser Maker Anheuser-Busch Unleashes $600 Million US Manufacturing PushInvestment And Expansion Plan The investment will span 2025 and 2026 under its Brewing Futures initiative. It will support brewery upgrades, technology systems, and supply chain improvements. These efforts aim to boost production and packaging capacity across operations. The company also plans to open 15 training centers and expand trade school partnerships. Workforce Development And Hiring Anheuser-Busch aims to upskill more than 90% of its manufacturing workforce over the next five years. This builds on training already provided to over 2,700 employees since 2022. The company is also expanding veteran hiring through the Heroes MAKE America program. It includes tools to translate military experience into manufacturing roles. Long-Term Manufacturing Commitment The move builds on the company's long-standing U.S. manufacturing footprint, with 99% of its beer produced domestically. "Anheuser-Busch's $600 million investment is a testament to our unwavering commitment to the future of American manufacturing," said CEO Brendan Whitworth. "By strengthening our manufacturing operations, we are creating sustainable careers - not just jobs - and investing in the people who are vital to our success." "Anheuser-Busch's expanded investment is a commitment to the American worker and the future of our nation's strength in manufacturing," said Jay Timmons, President and CEO of the National Association of Manufacturers. Technical Analysis Anheuser-Busch is currently trading within its 52-week range, which has seen highs of $81.56 and lows of $56.97. The stock is trading 0.6% above its 20-day simple moving average (SMA), suggesting a slight short-term bullish trend, while it is 2% below its 50-day SMA, indicating some intermediate-term weakness. The 12-month performance shows a return of 8.89%, reflecting a stable upward trend over the past year. The relative strength index (RSI) is at 47.57, which is neutral, suggesting that the stock is neither overbought nor oversold at this time. Key Resistance: $81.50 -- A level where selling pressure may emerge. Key Support: $67.00 -- A potential area of demand for buyers. Earnings & Analyst Outlook Anheuser-Busch is set to report earnings on May 5, 2026 (confirmed). EPS Estimate: 91 cents (Up from 81 cents) Revenue Estimate: $14.68 billion (Up from $13.63 billion) Valuation: P/E of 21.5x (Indicates fair valuation) Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $79.25. Recent analyst moves include: Evercore ISI Group: Outperform (Raises Target to $100.00) (Feb. 13) Wells Fargo: Overweight (Raises Target to $88.00) (Feb. 13) Wells Fargo: Overweight (Raises Target to $85.00) (Feb. 9) BUD Stock Price Activity: Anheuser-Busch InBev shares were down 0.21% at $72.63 at the time of publication on Wednesday, according to Benzinga Pro data. Photo by Mehaniq via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.