Budweiser stock price forecast for traders eyeing Budweiser stock

For traders eyeing Budweiser stock price forecast, the market tone suggests cautious optimism, as beer sales in Latin America remain strong despite economic headwinds, aiding quarterly performance. "Costs tied to Blackwell’s ramp-up could put some pressure on gross margins, with any dip below the guided 73.5% mark likely to ruffle a few feathers," Britzman said. "Investors will also be keen to hear more about Nvidia’s ( NVDA ) push into robotics and self-driving, where CEO Jensen Huang sees a multi-trillion-dollar market emerging.” Shares of Molson Coors are remarkably cheap, trading at a price-to-earnings multiple of just 9.7x forward earnings estimates . This single-digit valuation means that Molson Coors is significantly more affordable than BUD. Like BUD, TAP has debt but looks cheap, with an EV/EBITDA multiple of 7.3. Technical setups in Budweiser stock price forecast see support at $57.50 and secondary resistance at $60.75, offering traders clear range boundaries to manage positions.