FMX

Fomento Economico Mexicano SAB DE CV
D

FMX

Arincen44/100B

Fomento Economico Mexicano SAB DE CV stock forecast 2026–2029

Analysts' average 12-month price target for Fomento Economico Mexicano SAB DE CV is 138.00, 4.1% above the current price of 132.52. Their targets range from 130.00 to 150.00.

Of the 5 firms that rated Fomento Economico Mexicano SAB DE CV in the past 12 months, 3 rate it buy or strong buy, 2 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.

12-month price target
138.00 USD
+4.14%

Analysts' 1-year price targets range from 130.00 to 150.00, with an average of 138.00.

Past year
1-year forecast
Strong sellStrong buy
Buy
5 ratings
Buy
3
Hold
2
Sell
0

12-month price target

Highest target150.00
Average target138.00
Lowest target130.00
Current price132.52

Fomento Economico Mexicano SAB DE CV price target history

Have analysts recently raised or lowered their Fomento Economico Mexicano SAB DE CV price target and rating?

See how analysts moved their price target

How analysts rate Fomento Economico Mexicano SAB DE CV, month by month

3 of 5 firms rate it buy now, against 4 of 7 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 20263205
Oct 20263205
Sept 20263205
Aug 20264206
Jul 20264206
Jun 20264206
May 20263306
Apr 20263306
Mar 20264307
Feb 20264307
Jan 20263306
Dec 20254307

Fomento Economico Mexicano SAB DE CV analyst upgrades, downgrades and price targets

The latest rating change came on 6 August 2026, when UBS downgraded Fomento Economico Mexicano SAB DE CV from Buy to Neutral. The most recent new target came from UBS on 23 October 2026: 134.00.

DateFirmRatingPrice targetChangePrice then
23 Oct 2026
UBS
Rodrigo Alcantara
Reiterated · Neutral139.00 → 134.00-3.6%128.72
11 Aug 2026
Banco Santander
—130.00—119.92

Fomento Economico Mexicano SAB DE CV EPS and revenue estimates

Analysts expect Fomento Economico Mexicano SAB DE CV's EPS to grow 33.1% a year until 2027.

Analysts expect Fomento Economico Mexicano SAB DE CV's revenue to grow 6.6% a year until 2028. Over the last 5 years it fell 37.6% a year, and over the last 3 years it fell 57.2%.

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2027 (est.) 5.14-5.6%4.70 – 5.57 52.75B+7.8%51.66B – 53.84B4
FY2026 (est.) 5.44+150.4%5.27 – 5.60 48.94B+9.1%48.18B – 49.72B4
FY2025 2.17-53.7%— 44.85B+4.6%——
FY2024 4.70-8.3%— 42.86B+1.2%——
FY2023 5.12+49.3%— 42.33B+25.2%——
FY2022 3.43—— 33.82B———

Does Fomento Economico Mexicano SAB DE CV beat earnings estimates?

On average, analysts' EPS estimate was 497.8% off the result, either way, and their revenue estimate 2.6%, over the last 12 quarters.

EPS beats
73 / 108
Revenue beats
56 / 98
Average EPS surprise, last 12
+463.8%
Since
September 1998
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY202628 Oct 20261.181.10-6.8%12.84B13.03B+1.5%
Q2 FY202628 Jul 20260.060.93+1,405.1%12.94B13.20B+2.0%
Q1 FY202630 Apr 20260.650.92+41.5%11.43B11.71B+2.5%
Q4 FY202525 Feb 20261.500.92-38.7%12.21B12.21B-0.0%
Q3 FY202528 Oct 20251.060.38-64.0%11.60B11.71B+0.9%
Q2 FY202528 Jul 20250.910.42-53.8%11.28B11.27B-0.1%
Q1 FY202528 Apr 20250.520.45-13.5%9.51B9.66B+1.6%
Q4 FY202427 Feb 20250.070.94+1,171.9%9.62B9.99B+3.9%
Q3 FY202428 Oct 20241.061.37+29.2%9.92B9.99B+0.7%
Q2 FY202424 Jul 20240.071.92+2,543.2%10.66B12.13B+13.8%
Q1 FY202426 Apr 20240.070.47+578.1%10.93B10.75B-1.6%
Q4 FY202323 Feb 20241.471.07-27.2%11.48B11.18B-2.6%

Fomento Economico Mexicano SAB DE CV stock price 2026–2029: scenarios

If Fomento Economico Mexicano SAB DE CV's earnings grow at the 53.8% a year analysts expect to FY2027, then 15.0% a year, it would earn about 6.79 a share in FY2029. At the P/E it has traded at over the last five years (22.0 to 34.9) that is 149.23 to 236.71 a share, or 176.16 at its average P/E of 25.9. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 5.44119.49141.05189.54
FY2027 5.14112.84133.20178.99
FY2028 (extrapolated)5.91129.77153.18205.84
FY2029 (extrapolated)6.79149.23176.16236.71

Each year's EPS is the analysts' consensus to FY2027; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (22.0, 25.9, 34.9).

Is Fomento Economico Mexicano SAB DE CV stock undervalued or overvalued?

Fomento Economico Mexicano SAB DE CV's P/E of 23.6 is near the top of its 5-year range (0.5 to 51.3, median 1.2). Analysts expect faster growth than in recent years, which can explain part of the high P/E. Its forward P/E, on the consensus for FY2026, is 24.4.

Price to earnings ratio (TTM)
23.62
Five-year median P/E
1.20
Five-year P/E range
0.5 – 51.3
Forward P/E (FY2026)
24.37
PEG ratio
0.44
To the average target
+4.1%
See the full P/E history check Plus

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Common questions about the Fomento Economico Mexicano SAB DE CV stock forecast