Fomento Economico Mexicano (FMX) Stock Analysis & Forecast

Nov 4 close

$130.18+3.15 (+2.5%)

Gekko Brief

AI summaryNov 4 close

FEMSA's third-quarter 2026 results showed total consolidated revenue up 9.8% and income from operations up 9.9%, with OXXO México and Coca-Cola FEMSA cited as the main drivers. Reported earnings per share of $1.10 came in below the $1.18 estimate, and coverage framed this as a miss despite the strong top-line growth, with margin pressure across key divisions noted as a weight on profitability. Separately, an analyst price target was raised to $133.83, implying upside from the prior closing price, as part of a broader consensus that remained rating the stock a buy.

FMX closed at $130.18, up 2.5% on the day, sitting above both its 50-day average of $121.56 and 200-day average of $118.85, with the 50-day above the 200-day. The GekkoIndex reads 48.8, placing the stock in the Neutral zone, down from a five-day change of -5.8. Price stands 12.3% above Gekko Fair Value of $115.93.

The next earnings date falls on 24 February 2027, outside a typical 20-trading-day holding window, with the prior report showing a history of 3 beats across 8 quarters and an average absolute reaction of 3.8%. Over the last 90 days, smart-money activity includes one open-market insider purchase valued at $248,073. Seasonality over the next 20 trading days has averaged -0.5% across 5 years, with gains in 3 of them. Current analyst coverage of 5 firms shows 2 buy and 3 hold ratings, with a consensus target of $134.86.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Fomento Economico Mexicano price vs fair value

$130.18$115.93Nov ’25May ’26Nov ’26
Close $130.18200-day averageGekko Fair Value $115.93

Fomento Economico Mexicano quick facts

Market cap
$44.35B
P/E ratio
8.2
Forward P/E
89.3
EPS, TTM
$15.45
Revenue, TTM
$894.7B
Profit margin
4%
Dividend yield
—
Beta
0.09
Volume
854,758 avg 722,742
1-year return
+38.3%
Typical daily move
±2.5%
Typical 20-day move
±5.2%
50-day average
$121.56
200-day average
$118.85
Next earnings
Feb 24 before open
Shares outstanding
340.7M
52-week range
$90.87$141.47

Fomento Economico Mexicano swing-trade checklist

Fomento Economico Mexicano scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $130.18 is above the 50-day ($121.56) and 200-day ($118.85) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    48.8, Neutral

    Reading 48.8 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    12.3% above

    Price is 12.3% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 1 open-market insider purchase.

    See smart money
  • Earnings risksupportive

    Reports in 111 days

    Next report Feb 24, 2027, 111 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    −0.5% on average

    From this point in the calendar, the next 20 trading days averaged −0.5% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Fomento Economico Mexicano stock chart and price history

Fomento Economico Mexicano closed at $130.18 on Nov 4, 2026, +38.3% over the past year, inside a 52-week range of $90.87 to $141.47.

Close50-day average200-day averageVolume
Fomento Economico Mexicano share price, past year, with 50-day and 200-day moving averages and volume$90$100$110$120DecJan 2026FebMarAprMayJunJulAugSepOct130.18

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+11.3%
3 months
+6.5%
6 months
+6.6%
1 year
+38.3%
The full FMX chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FMX in Gekko

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About Fomento Economico Mexicano

Fomento Economico Mexicano operates across beverages and retail, best recognized for bottling, marketing, and distributing Coca-Cola branded drinks throughout Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. Alongside this beverage business, it runs a large network of OXXO convenience stores spanning Mexico, Colombia, Peru, Chile, and Brazil, as well as OXXO GAS fuel stations in Mexico that sell fuel, motor oils, lubricants, and car care products.

Beyond beverages and convenience retail, the company runs a pharmacy division under brands including Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon, serving customers in Chile, Colombia, Ecuador, and Mexico. It also produces refrigeration units, chillers, plastic containers, and food processing and weighing equipment, and provides logistics, transportation, and maintenance services, along with point-of-sale refrigeration, plastic solutions, and a distribution network for cleaning supplies and other consumables.

Founded in 1890, Fomento Economico Mexicano is based in Monterrey, Mexico. Its shares trade under the ticker FMX.

Sector
Consumer non-durables
Website
femsa.com

Fomento Economico Mexicano GekkoIndex: the smart money zone

Fomento Economico Mexicano’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 48.8, in the Neutral zone, down 5.8 points over five sessions.

010048.8Neutral

Down 5.8 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying37−0.2%+0.1%−0.1%−0.2%
Accumulation258−0.2%−0.2%−0.8%−1.3%
Neutral (current zone)330+0.2%+0.3%+0.8%+1.6%
Distribution250.0%+1.2%+1.7%+5.8%
Selling0Not available

Average FMX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the FMX price, zone by zone.Track FMX in Gekko

Is Fomento Economico Mexicano stock overvalued? Gekko Fair Value

Fomento Economico Mexicano trades 12.3% above Gekko Fair Value of $115.93, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Fomento Economico Mexicano shares are worth, recalculated every trading day.

$115.93

Gekko Fair Value, Nov 4, 2026

12.3% Overvalued

At the end of Aug 2026 the price was 8.1% below the estimate.

Gekko Fair ValueShare price, month end
$116$127Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FMX in Gekko

Fomento Economico Mexicano insider and Congress trading

Insiders filed 1 open-market purchase in Fomento Economico Mexicano worth $248K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$248Kin 1 open-market purchase

FiledInsiderTypeSharesValue
Aug 12Michael David Kahn
Director
Purchase2,100$248K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in FMX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FMX, plotted on the chart in Gekko.Open FMX in Gekko

Buybacks

Fomento Economico Mexicano has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$57K
As a share of market cap
0.00%
Trailing four quarters
$589.6M

From company filings.

Fomento Economico Mexicano earnings: next date and track record

Fomento Economico Mexicano reports on Feb 24, 2027, before the open (111 days away), and beat the EPS estimate in 3 of its last 8 reports.

3 of 8reports beat the EPS estimate
±3.8%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+5.2%Feb ’25−0.9%Apr ’25−6.5%Jul ’25−1.1%Oct ’25+1.2%Feb ’26+7.1%Apr ’26−8.4%Jul ’260.0%Oct ’26

Last earnings call, Oct 28, 2026 AI summary

What they said
FEMSA reported strong Q3 2026 results led by OXXO México and Coca-Cola FEMSA. OXXO México same-store sales grew 9.2%, driven by 5.5% average ticket growth and 3.5% traffic increase, with traffic up 150bps vs Q2 despite minimal World Cup benefit. Food service traffic grew low double-digits, led by coffee. Market share gains were recorded across all relevant trade channels, with 2026 YTD share above 2024 levels.
Guidance
Management expressed confidence in strategy effectiveness, continuing to test pricing, assortment, and promotional initiatives to scale only value-accretive programs. No specific revenue or earnings targets were disclosed in this excerpt.
ReportedEPSSurpriseRevenueSurpriseMove
Oct 28, 2026$1.10
est $1.18
−6.8%$13.03B
est $12.84B
+1.5%0.0%
Jul 28, 2026$0.93
est $0.06
+1,405.1%$13.20B
est $12.98B
+1.7%−8.4%
Apr 30, 2026$0.92
est $0.65
+41.5%$11.71B
est $11.43B
+2.5%+7.1%
Feb 25, 2026$0.92
est $1.50
−38.7%$12.21B
est $12.21B
0.0%+1.2%
Oct 28, 2025$0.38
est $1.06
−64.0%$11.71B
est $11.60B
+0.9%−1.1%
Jul 28, 2025$0.42
est $0.91
−53.8%$11.27B
est $11.28B
−0.1%−6.5%
Apr 28, 2025$0.45
est $0.52
−13.5%$9.66B
est $9.51B
+1.6%−0.9%
Feb 27, 2025$0.94
est $0.07
+1,171.9%$9.99B
est $9.62B
+3.9%+5.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Fomento Economico Mexicano stock forecast and analyst price targets

Analysts’ average 12-month price target for Fomento Economico Mexicano is $134.86, +3.6% from the last close, from 5 firms rating the stock in the last 90 days.

$134.86consensus 12-month target, +3.6% from the last close
Low $130High $151
Buy2
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 5 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 3BarclaysHold, maintained$140+7.5%
Oct 29BarclaysHold, maintained$138+6.0%
Oct 23UBSHold, reiterated$134+2.9%
Oct 20Goldman SachsBuy, maintained$142+9.1%
Oct 19BarclaysHold, maintained$138+6.0%
+0.8%average 20-day move after past Neutral readings
−0.5%average move over the next 20 trading days in the last 5 years
±2.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Fomento Economico Mexicano seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Fomento Economico Mexicano averaged −0.5% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−12.4%2021+3.6%2022+5.0%2023−8.6%2024+10.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.3%3 of 5
Next 10 trading days0.0%3 of 5
Next 15 trading days−1.8%3 of 5
Next 20 trading days−0.5%3 of 5
Next 30 trading days+1.0%3 of 5

For scale, FMX’s typical 20-trading-day move in either direction is about 5.2%.

Fomento Economico Mexicano market cap and key statistics

Fomento Economico Mexicano’s market cap is $44.35B, with a P/E ratio of 8.2 and revenue of $894.7B over the last twelve months.

Valuation

Market cap
$44.35B
P/E ratio
8.2
Forward P/E
89.3
EPS, TTM
$15.45
Gekko Fair Value
$115.93

Trading

Volume
854,758
Avg volume, 20 days
722,742
52-week high
$141.47
52-week low
$90.87
Shares outstanding
340.7M

Financials

Revenue, TTM
$894.7B
Profit margin
4%
Return on equity
15%
Quarterly earnings growth, YoY
+189.1%

Risk and income

Beta
0.09
Typical daily move
±2.5%
Typical 20-day move
±5.2%

Fomento Economico Mexicano stock news this week

6 headlines about Fomento Economico Mexicano from the past week, newest first, each linking to the publisher.

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In the Buying zone today

Reporting earnings this week

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Fomento Economico Mexicano stock FAQ

What is Fomento Economico Mexicano’s market cap?

Fomento Economico Mexicano’s market cap is $44.35B at the Nov 4, 2026 close of $130.18, with 340.7M shares outstanding. The shares trade on a P/E ratio of 8.2.

What is the Fomento Economico Mexicano stock forecast?

The consensus analyst 12-month price target for Fomento Economico Mexicano is $134.86, +3.6% from the last close. Of the 5 firms that rated the stock in the last 90 days, 2 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Fomento Economico Mexicano stock overvalued or undervalued?

On Gekko’s estimate Fomento Economico Mexicano is overvalued: the Nov 4, 2026 close of $130.18 is 12.3% above Gekko Fair Value of $115.93. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Fomento Economico Mexicano report earnings next?

Fomento Economico Mexicano is expected to report on Feb 24, 2027, before the market opens (111 days away). Analysts expect earnings of $1.93 per share on revenue of $13.08B. Fomento Economico Mexicano beat the earnings estimate in 3 of its last 8 reports, moving 3.8% on average across the report.

What is Fomento Economico Mexicano’s 52-week high and low?

Fomento Economico Mexicano’s 52-week high is $141.47 and its 52-week low is $90.87; it closed at $130.18 on Nov 4, 2026, +38.3% over the past year. Over the last five years the shares peaked at $143.43 on Feb 15, 2024.

Is Fomento Economico Mexicano stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (trend, smart money and earnings risk), 2 as mixed (gekkoindex and seasonality) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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