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

Molson Coors Beverage (NYSE:TAP) had its price objective decreased by equities research analysts at Wells Fargo & Company from $54.00 to $52.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 4.41% from the company’s current price.

A number of other equities analysts have also recently issued reports on TAP. Sanford C. Bernstein lowered their target price on 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. Barclays reiterated an “underweight” rating and set a $49.00 price objective on shares of Molson Coors Beverage in a report on Friday, January 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Molson Coors Beverage in a research report on Monday, December 29th. Zacks Research raised Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. Finally, Needham & Company LLC lowered their price objective on shares of Molson Coors Beverage from $58.00 to $54.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Molson Coors Beverage presently has an average rating of “Hold” and an average price target of $51.82.

Molson Coors Beverage Stock Performance

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

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

Hedge Funds Weigh In On Molson Coors Beverage

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its position in Molson Coors Beverage by 32.9% during the first quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock worth $49,000 after acquiring an additional 198 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Molson Coors Beverage by 16.5% during the 4th quarter. UMB Bank n.a. now owns 1,467 shares of the company’s stock worth $68,000 after purchasing an additional 208 shares during the last quarter. New York Life Investment Management LLC increased its stake in shares of Molson Coors Beverage by 0.9% during the 4th quarter. New York Life Investment Management LLC now owns 22,904 shares of the company’s stock worth $1,069,000 after purchasing an additional 210 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Molson Coors Beverage by 64.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock valued at $27,000 after purchasing an additional 221 shares during the period. Finally, SBI Securities Co. Ltd. lifted its stake in Molson Coors Beverage by 84.1% in the 4th quarter. SBI Securities Co. Ltd. now owns 534 shares of the company’s stock valued at $25,000 after purchasing an additional 244 shares during the last quarter. 78.46% of the stock is owned by institutional investors.

Trending Headlines about Molson Coors Beverage

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

About Molson Coors Beverage

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.