Ambev SA (ABEV) Climbs to 5-Year High on Strong Q1

Ambev SA (NYSE:ABEV) is one of the 10 Stocks Turning Heads With Double-Digit Gains.

Ambev soared to a nearly five-year high on Tuesday, as investors cheered its strong earnings performance in the first quarter of the year.

At intra-day trading, the stock climbed to a record high of $3.42 before trimming gains to end the session just up by 16.21 percent at $3.37 apiece.

Ambev SA brands. Photo by Marcelo Chagas on Pexels

In an updated report on the same day, Ambev SA (NYSE:ABEV) said that it was able to grow its net income attributable to shareholders in the first three months of the year by 2 percent to R$3.768 billion from R$3.693 billion in the same period last year, despite revenues ending flat at R$22.46 billion.

In a statement, Ambev SA (NYSE:ABEV) Chief Executive Officer Carlos Lisboa said that the company made a solid start to 2026, “with consistent execution of our growth strategy driving positive beer volumes, double-digit Normalized EBITDA growth and margin expansion.”

Consolidated beer volumes grew by low single digits, supported by the continued strengthening of its brands, mega platform activations, and disciplined commercial execution, which helped grow market share across several markets.

Headquartered in Brazil, Ambev SA (NYSE:ABEV) is one of the largest brewery companies in the Southern Hemisphere, which also manufactures soft drinks, energy drinks, juices, teas, and mineral water, among others.

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