Needham & Company LLC Has Lowered Expectations for Molson Coors Beverage (NYSE:TAP) Stock Price

Molson Coors Beverage (NYSE:TAP) had its price objective dropped by analysts at Needham & Company LLC from $54.00 to $52.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price target points to a potential upside of 4.41% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. Sanford C. Bernstein decreased their price target on shares of Molson Coors Beverage from $54.00 to $50.00 and set a “market perform” rating for the company in a report on Wednesday, November 5th. Piper Sandler cut their price objective on Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday. Zacks Research raised Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a report on Friday, November 14th. Evercore dropped their price target on Molson Coors Beverage from $53.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. assumed coverage on Molson Coors Beverage in a report on Wednesday, November 5th. They set a “neutral” rating and a $49.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Molson Coors Beverage currently has an average rating of “Hold” and an average price target of $51.82.

Molson Coors Beverage Stock Up 3.0%

Shares of Molson Coors Beverage stock opened at $49.81 on Thursday. Molson Coors Beverage has a 12-month low of $42.94 and a 12-month high of $64.66. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average price of $48.89 and a two-hundred day moving average price of $47.88. The stock has a market capitalization of $9.84 billion, a P/E ratio of -4.59 and a beta of 0.48.

Molson Coors Beverage (NYSE:TAP) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.04. The business had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Molson Coors Beverage had a negative net margin of 16.41% and a positive return on equity of 9.04%. Molson Coors Beverage’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.30 earnings per share. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Equities analysts expect that Molson Coors Beverage will post 6.35 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TAP. Invesco Ltd. lifted its position in Molson Coors Beverage by 1.2% in the fourth quarter. Invesco Ltd. now owns 4,485,000 shares of the company’s stock worth $209,360,000 after purchasing an additional 54,456 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Molson Coors Beverage by 124.1% during the 4th quarter. Corient Private Wealth LLC now owns 194,385 shares of the company’s stock worth $8,534,000 after acquiring an additional 107,638 shares during the period. Alberta Investment Management Corp acquired a new stake in shares of Molson Coors Beverage during the 4th quarter valued at about $1,447,000. Mercer Global Advisors Inc. ADV boosted its position in shares of Molson Coors Beverage by 19.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 90,955 shares of the company’s stock valued at $4,246,000 after acquiring an additional 15,125 shares in the last quarter. Finally, Corecam AG bought a new stake in Molson Coors Beverage in the fourth quarter valued at about $382,000. 78.46% of the stock is currently owned by institutional investors and hedge funds.

Key Molson Coors Beverage News

Here are the key news stories impacting Molson Coors Beverage this week:

• Positive Sentiment: Q4 EPS beat consensus ($1.21 vs. $1.17) which provided some near‑term support to the stock. Molson Coors Surpasses Q4 Earnings Estimates
• Positive Sentiment: Board raised the quarterly dividend to $0.48 (annualized yield ~4.0%), up 2.1% from prior — a shareholder‑friendly move that can support the share price for income investors.
• Neutral Sentiment: Analysts trimmed price targets but largely kept constructive stances: Needham cut its target to $52 while maintaining a buy rating (smaller upside implied). Needham PT Cut to $52
• Neutral Sentiment: Management presented at the CAGNY conference and released slides/transcript — useful for modeling but didn’t materially change the underlying outlook. CAGNY Presentation
• Negative Sentiment: Company issued weak FY‑2026 guidance (EPS $4.607–4.823 vs. consensus ~5.42) and flagged headwinds from higher aluminum costs and softer, price‑sensitive consumer demand — the central driver of downward pressure. Reuters: Forecasts Sharp Drop in 2026 Profit
• Negative Sentiment: TD Cowen cut its price target to $43 and moved to a “hold” — a larger downgrade that implies meaningful downside risk versus recent levels and likely contributed to selling pressure. TD Cowen PT Cut to $43
• Negative Sentiment: Shares gapped down in early trading after Needham’s revision and other analyst reactions, reflecting short‑term volatility as the market digests the soft sales, volume declines and weaker guidance. Shares Gap Down Following Analyst Downgrade

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.