{
 "as_of": "2026-11-06",
 "cmr": "br-cm-kg/BVMF/BRABEVACNOR1",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# AMBEV S.A. (B3: BRABEVACNOR1) — research page\n\nAs of 2026-11-06 · br-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is AMBEV S.A., listed on B3 under ticker BRABEVACNOR1, with ISIN BRABEVACNOR1. Its LEI is not on the record, and its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 0 filings in the window 2025-11-06 to 2026-11-06, across 0 filing days, and no filing type breakdown. The median gap between filing days is not on the record, and there is no latest filing date or latest filing type. Days from the latest filing to the record date of 2026-11-06 are not on the record. For B3, the record holds 657 issuers, with a median cadence gap, median filings and median latency that are not on the record for the exchange. The sector peer comparison is not on the record for this market.\n\n## Auditor\n\nThe auditor of record is not on the record, and its location is not on the record. Auditor changes are not on the record, because this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because this register has no lifecycle type map yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nFor the client category investidores profissionais, the outcome is not determinable. The rule states a product scope, and no scope object's bridge holds ISO 10962 ES, nor names the subject's class, so the subject is not shown within the scope. The rule version is acm-68000/br/cvm-suitability-resolu-o-cvm-n-30-2021-arts-2-3/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 17 research houses: Banco do Brasil, Barclays, Bernstein, Bradesco BBI, BTG Pactual, Citi, Evercore ISI, Goldman Sachs, HSBC, Itaú BBA, JP Morgan, Morgan Stanley, Safra, Santander, Scotiabank, UBS and XP Investimentos.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record's start date is not on the record.\n\n## Sources\n\n6 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://arquivos.b3.com.br/api/download/?token=<one-time> (identity.exchange)\n- https://mcp.br-cm-kg.ai/events/BVMF/BRABEVACNOR1 (the disclosure lines)\n- https://sistemasweb.b3.com.br/PlantaoNoticias/Noticias/Index?agencia=18 (the halt flag)\n- https://mcp.br-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/ (coverage)\n- https://mcp.br-cm-kg.ai/record/BVMF/BRABEVACNOR1 (the record)\n",
 "market": "BR",
 "node": "br-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the BR vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "BR",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "BR",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "BR",
    "state": "not_on_record"
   },
   "changes": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "br-cm-kg/BVMF/BRABEVACNOR1",
  "coverage": {
   "count": 17,
   "houses": [
    {
     "analyst": "Georgia Jorge",
     "house": "Banco do Brasil",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Benjamin Theurer",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Nadine Sarwat",
     "house": "Bernstein",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Henrique Brustolin",
     "house": "Bradesco BBI",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Thiago Duarte",
     "house": "BTG Pactual",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Renata Cabral",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Robert Ottenstein",
     "house": "Evercore ISI",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Thiago Bortoluci",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Carlos Laboy",
     "house": "HSBC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Gustavo Troyano",
     "house": "Itaú BBA",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Lucas Ferreira",
     "house": "JP Morgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Ricardo Alves",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Ricardo Boiati",
     "house": "Safra",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Guilherme Palhares",
     "house": "Santander",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Felipe Ucros",
     "house": "Scotiabank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Rodrigo Alcantara",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    },
    {
     "analyst": "Leonardo Alencar",
     "house": "XP Investimentos",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/",
     "result": "read: 17 of 36 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 657,
     "median_cadence_gap_days": null,
     "median_filings": 0,
     "median_latency_days": null,
     "name": "B3"
    },
    "sector": {
     "market": "BR",
     "state": "not_on_record"
    }
   },
   "by_type": {},
   "cadence_median_gap_days": null,
   "filing_days": 0,
   "filings": 0,
   "latency_days": null,
   "latest": [],
   "latest_filing_date": null,
   "note": "no disclosure line on the record for this issuer in the window",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.br-cm-kg.ai/events/BVMF/BRABEVACNOR1",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "B3 Cadastro de Instrumentos (InstrumentsConsolidatedFile) 2026-11-06; SgmtNm=CASH, MktNm=EQUITY-CASH, SctyCtgyNm=SHARES, CFI ES*/EP*; ISIN as published by B3; MIC BVMF (ISO 10383)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://arquivos.b3.com.br/api/download/?token=<one-time> (via https://arquivos.b3.com.br/api/download/requestname?fileName=InstrumentsConsolidatedFile&date=2026-11-06)",
    "state": "sourced",
    "value": "B3"
   },
   "isin": {
    "read_by": "B3 Cadastro de Instrumentos (InstrumentsConsolidatedFile) 2026-11-06; SgmtNm=CASH, MktNm=EQUITY-CASH, SctyCtgyNm=SHARES, CFI ES*/EP*; ISIN as published by B3; MIC BVMF (ISO 10383)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://arquivos.b3.com.br/api/download/?token=<one-time> (via https://arquivos.b3.com.br/api/download/requestname?fileName=InstrumentsConsolidatedFile&date=2026-11-06)",
    "state": "sourced",
    "value": "BRABEVACNOR1"
   },
   "jurisdiction": {
    "market": "BR",
    "state": "not_on_record"
   },
   "lei": {
    "market": "BR",
    "reason": "the roster carries none",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "B3 Cadastro de Instrumentos (InstrumentsConsolidatedFile) 2026-11-06; SgmtNm=CASH, MktNm=EQUITY-CASH, SctyCtgyNm=SHARES, CFI ES*/EP*; ISIN as published by B3; MIC BVMF (ISO 10383)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://arquivos.b3.com.br/api/download/?token=<one-time> (via https://arquivos.b3.com.br/api/download/requestname?fileName=InstrumentsConsolidatedFile&date=2026-11-06)",
    "state": "sourced",
    "value": "AMBEV S.A."
   },
   "sector": {
    "market": "BR",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "BR",
    "state": "not_on_record"
   },
   "segment": {
    "market": "BR",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "B3 Cadastro de Instrumentos (InstrumentsConsolidatedFile) 2026-11-06; SgmtNm=CASH, MktNm=EQUITY-CASH, SctyCtgyNm=SHARES, CFI ES*/EP*; ISIN as published by B3; MIC BVMF (ISO 10383)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://arquivos.b3.com.br/api/download/?token=<one-time> (via https://arquivos.b3.com.br/api/download/requestname?fileName=InstrumentsConsolidatedFile&date=2026-11-06)",
    "state": "sourced",
    "value": "BRABEVACNOR1"
   },
   "website": {
    "market": "BR",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "BR",
  "node": "br-cm-kg",
  "numbers_hash": "sha256:35471b652eccaae7f0239692e537209d048a3cbbb8c203e9b89fcfb1d8a3d900",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "investidores profissionais"
   ],
   "outcomes": {
    "investidores profissionais": {
     "determinable": false,
     "reason": "the rule states a product scope and no scope object's bridge (cfi_categories) holds ISO 10962 ES, nor names the subject's class: the subject is not shown within the scope",
     "signal": null
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.br-cm-kg.ai/book/aio.json",
    "door": "https://mcp.br-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/br/cvm-suitability-resolu-o-cvm-n-30-2021-arts-2-3/r1",
   "section": "br.aio.v6"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.br-cm-kg.ai/record/BVMF/BRABEVACNOR1",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://sistemasweb.b3.com.br/PlantaoNoticias/Noticias/Index?agencia=18",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:35471b652eccaae7f0239692e537209d048a3cbbb8c203e9b89fcfb1d8a3d900",
 "path": "/br/BVMF/BRABEVACNOR1",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is AMBEV S.A., listed on B3 under ticker BRABEVACNOR1, with ISIN BRABEVACNOR1. Its LEI is not on the record, and its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 0 filings in the window 2025-11-06 to 2026-11-06, across 0 filing days, and no filing type breakdown. The median gap between filing days is not on the record, and there is no latest filing date or latest filing type. Days from the latest filing to the record date of 2026-11-06 are not on the record. For B3, the record holds 657 issuers, with a median cadence gap, median filings and median latency that are not on the record for the exchange. The sector peer comparison is not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and its location is not on the record. Auditor changes are not on the record, because this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because this register has no lifecycle type map yet. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For the client category investidores profissionais, the outcome is not determinable. The rule states a product scope, and no scope object's bridge holds ISO 10962 ES, nor names the subject's class, so the subject is not shown within the scope. The rule version is acm-68000/br/cvm-suitability-resolu-o-cvm-n-30-2021-arts-2-3/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 17 research houses: Banco do Brasil, Barclays, Bernstein, Bradesco BBI, BTG Pactual, Citi, Evercore ISI, Goldman Sachs, HSBC, Itaú BBA, JP Morgan, Morgan Stanley, Safra, Santander, Scotiabank, UBS and XP Investimentos.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record's start date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "6 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://arquivos.b3.com.br/api/download/?token=<one-time>"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.br-cm-kg.ai/events/BVMF/BRABEVACNOR1"
  },
  {
   "for": "the halt flag",
   "source": "https://sistemasweb.b3.com.br/PlantaoNoticias/Noticias/Index?agencia=18"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.br-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://ri.ambev.com.br/en/informacoes-aos-acionistas/analysts-coverage-consensus-estimates/"
  },
  {
   "for": "the record",
   "source": "https://mcp.br-cm-kg.ai/record/BVMF/BRABEVACNOR1"
  }
 ],
 "title": "AMBEV S.A. (BRABEVACNOR1) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}