Boston Beer (NYSE:SAM – Free Report) had its price objective reduced by Royal Bank Of Canada from $234.00 to $210.00 in a report issued on Friday, Marketbeat reports. Royal Bank Of Canada currently has a sector perform rating on the stock.
Other analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $233.00 target price on shares of Boston Beer in a report on Friday, May 1st. Morgan Stanley set a $190.00 price objective on Boston Beer in a report on Friday. Citigroup decreased their target price on Boston Beer from $240.00 to $195.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. Zacks Research raised Boston Beer from a “strong sell” rating to a “hold” rating in a report on Thursday, April 23rd. Finally, Sanford C. Bernstein dropped their price target on Boston Beer from $218.00 to $210.00 and set a “market perform” rating for the company in a report on Tuesday, May 5th. One analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $207.27.
View Our Latest Stock Analysis on Boston Beer
Boston Beer Trading Up 3.2%
Boston Beer (NYSE:SAM – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.83 by ($1.18). Boston Beer had a negative net margin of 3.42% and a positive return on equity of 9.69%. The business had revenue of $568.34 million for the quarter, compared to analyst estimates of $566.68 million. During the same period in the prior year, the business earned $5.45 EPS. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, sell-side analysts predict that Boston Beer will post 9.51 EPS for the current fiscal year.
Institutional Trading of Boston Beer
A number of large investors have recently bought and sold shares of the business. Flagship Harbor Advisors LLC bought a new stake in Boston Beer in the 4th quarter valued at about $35,000. Ascentis Independent Advisors purchased a new stake in shares of Boston Beer in the first quarter valued at about $37,000. Covestor Ltd lifted its position in shares of Boston Beer by 180.9% during the fourth quarter. Covestor Ltd now owns 250 shares of the company’s stock valued at $49,000 after purchasing an additional 161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position 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 purchasing an additional 141 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in Boston Beer by 4,780.0% during the third quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock worth $52,000 after purchasing an additional 239 shares during the last quarter. 81.13% of the stock is currently owned by institutional investors and hedge funds.
Boston Beer News Summary
Here are the key news stories impacting Boston Beer this week:
- Positive Sentiment: Boston Beer’s revenue came in slightly ahead of some expectations and operating cash flow improved year over year, showing the business is still generating cash even as results soften.
- Positive Sentiment: Several analysts still see upside from current levels, with recent targets from Citigroup and RBC above the stock’s price, suggesting the long-term outlook is not being fully abandoned.
- Neutral Sentiment: Management highlighted product mix shifts, including strength in SunCruiser, which may help offset pressure from weaker Twisted Tea trends.
- Negative Sentiment: Second-quarter EPS of $3.65 missed estimates by a wide margin, signaling that profitability fell short of Wall Street’s expectations.
- Negative Sentiment: Revenue declined 3.3% year over year and shipment volume fell 4.5%, pointing to weaker demand.
- Negative Sentiment: Marketing costs rose 16.4%, adding margin pressure and contributing to the earnings miss.
- Negative Sentiment: Boston Beer also lowered its FY2026 guidance to 8.5–10.5 EPS, below the consensus estimate, which can weigh on sentiment around the stock.
About Boston Beer
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.
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