Boston Beer (NYSE:SAM) Given New $230.00 Price Target at Citigroup

Boston Beer (NYSE:SAM) had its target price hoisted by Citigroup from $220.00 to $230.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Other equities analysts have also issued reports about the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $245.00 price objective on shares of Boston Beer in a research note on Friday, February 20th. Morgan Stanley dropped their price target on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Piper Sandler reduced their price objective on shares of Boston Beer from $230.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. UBS Group reiterated a “neutral” rating on shares of Boston Beer in a research report on Monday. Finally, Weiss Ratings upgraded shares of Boston Beer from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. Eleven investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $233.71.

Boston Beer Stock Performance

SAM stock opened at $218.32 on Wednesday. The company has a market capitalization of $2.33 billion, a P/E ratio of 22.41, a PEG ratio of 1.76 and a beta of 1.03. The company has a fifty day moving average price of $217.00 and a 200-day moving average price of $213.91. Boston Beer has a 52-week low of $185.34 and a 52-week high of $260.00.

Boston Beer (NYSE:SAM) last announced its earnings results on Tuesday, February 24th. The company reported ($2.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.33) by $0.21. The business had revenue of $385.68 million during the quarter, compared to analyst estimates of $381.75 million. Boston Beer had a return on equity of 11.96% and a net margin of 5.20%.Boston Beer’s revenue for the quarter was down 4.1% compared to the same quarter last year. During the same period last year, the company earned ($1.68) EPS. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, sell-side analysts forecast that Boston Beer will post 9.29 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Boston Beer

Hedge funds and other institutional investors have recently modified their holdings of the company. Quent Capital LLC bought a new position in shares of Boston Beer in the 3rd quarter worth $27,000. MassMutual Private Wealth & Trust FSB raised its holdings in Boston Beer by 137.3% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 159 shares of the company’s stock worth $34,000 after buying an additional 92 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of Boston Beer in the fourth quarter valued at $35,000. GAMMA Investing LLC lifted its stake in shares of Boston Beer by 81.7% in the third quarter. GAMMA Investing LLC now owns 189 shares of the company’s stock valued at $40,000 after buying an additional 85 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Boston Beer by 154.9% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock valued at $49,000 after buying an additional 141 shares during the last quarter. Institutional investors own 81.13% of the company’s stock.

Key Headlines Impacting Boston Beer

Here are the key news stories impacting Boston Beer this week:

• Positive Sentiment: Q4 results surprised on the upside on EPS and margins — SAM reported a narrower-than-feared loss and stronger gross margin (up ~360 bps), beating EPS and revenue estimates, which supports near-term earnings credibility. Read More.
• Positive Sentiment: Management outlined a FY-2026 EPS target of $8.50–$11 and flagged margin gains plus expansion of the Sun Cruiser platform — this highlights potential upside if volumes and mix recover. Read More.
• Neutral Sentiment: Citigroup raised its price target to $230 while keeping a Neutral rating — a modest endorsement but not a buy signal. Read More.
• Neutral Sentiment: Morgan Stanley trimmed its target to $235 and kept an Equal Weight rating — mixed analyst tone that may limit upside momentum. Read More.
• Neutral Sentiment: Comparative analyst coverage (BUD vs SAM) keeps the stock in the spotlight for value-oriented investors but doesn’t change SAM’s immediate operating picture. Read More.
• Negative Sentiment: Demand weakness: depletions fell ~6% and shipments ~7.5% in Q4, with revenue down ~4.1% YoY — volume trends are the primary headwind to a durable recovery. Read More.
• Negative Sentiment: Management warned depletions could fall again in 2026 and cited tariff policy risks that could pressure margins and guidance — this increased uncertainty likely pressured the stock. Read More.
• Negative Sentiment: FY-2026 EPS guidance ($8.50–$11) sits below some street expectations (consensus ~$10.96 midpoint), leaving investors focused on whether volume recovery and margin gains can meet the high end of the range. Read More.

Boston Beer Company Profile

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.