Ambev (NYSE:ABEV) remains a cheap penny stock to consider investing in, with analysts maintaining a Hold rating and $2.5 price target. Despite strong Q3 performance driven by premiumization strategy success, the company faced softer beer volumes in Brazil and Argentina. Financially, Ambev reported a surge in net income.

Ambev (NYSE:ABEV) saw success in Q3 2025, with premium and super-premium brands driving market share growth in Brazil. However, challenges like softer beer volumes in Brazil and Argentina were noted. Financially, Ambev reported strong net income growth. The company produces and distributes a variety of beverages in multiple regions.

While Ambev (ABEV) shows potential for investment, other AI stocks may offer greater upside potential with less downside risk. Investors seeking undervalued AI stocks may want to explore other options. The company has a diverse product portfolio across different regions. This article is originally published on Insider Monkey.

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