TD Cowen Has Lowered Expectations for Molson Coors Beverage (NYSE:TAP) Stock Price

Molson Coors Beverage (NYSE:TAP) had its price objective decreased by research analysts at TD Cowen from $47.00 to $43.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. TD Cowen’s price objective indicates a potential downside of 13.66% from the stock’s current price.

A number of other equities research analysts also recently issued reports on TAP. Wells Fargo & Company lowered their price target on Molson Coors Beverage from $54.00 to $52.00 and set an “equal weight” rating for the company in a research report on Thursday. BNP Paribas Exane lowered Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 price objective on the stock. in a research note on Friday, January 16th. UBS Group set a $52.00 target price on Molson Coors Beverage in a report on Friday. Sanford C. Bernstein dropped their target price on shares of Molson Coors Beverage from $54.00 to $50.00 and set a “market perform” rating for the company in a research report on Wednesday, November 5th. Finally, Evercore cut their price target on shares of Molson Coors Beverage from $53.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. 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 has a consensus rating of “Hold” and a consensus target price of $51.82.

Molson Coors Beverage Stock Performance

NYSE:TAP opened at $49.81 on Friday. The company has a market cap of $9.84 billion, a P/E ratio of -4.59 and a beta of 0.48. The firm’s 50 day moving average is $48.89 and its two-hundred day moving average is $47.87. Molson Coors Beverage has a fifty-two week low of $42.94 and a fifty-two week 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.

Molson Coors Beverage (NYSE:TAP) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.04. The company 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%. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.30 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Analysts expect that Molson Coors Beverage will post 6.35 EPS for the current year.

Institutional Trading of Molson Coors Beverage

Several large investors have recently bought and sold shares of TAP. Polianta Ltd acquired a new position in shares of Molson Coors Beverage in the third quarter worth about $1,543,000. JPMorgan Chase & Co. increased its holdings in Molson Coors Beverage by 20.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,036,110 shares of the company’s stock worth $49,828,000 after purchasing an additional 175,587 shares during the last quarter. Swiss National Bank raised its position in shares of Molson Coors Beverage by 5.5% in the 2nd quarter. Swiss National Bank now owns 537,600 shares of the company’s stock valued at $25,853,000 after purchasing an additional 27,900 shares in the last quarter. Wilsey Asset Management Inc. boosted its stake in shares of Molson Coors Beverage by 4.9% during the 3rd quarter. Wilsey Asset Management Inc. now owns 591,259 shares of the company’s stock valued at $26,754,000 after buying an additional 27,819 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Molson Coors Beverage by 3.6% during the 3rd quarter. Invesco Ltd. now owns 4,430,544 shares of the company’s stock valued at $200,482,000 after buying an additional 152,859 shares during the last quarter. Institutional investors and hedge funds own 78.46% of the company’s stock.

More 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

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.