Boston Beer (NYSE:SAM) Issues FY 2026 Earnings Guidance

Boston Beer (NYSE:SAM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 8.500-10.500 for the period, compared to the consensus EPS estimate of 9.980. The company issued revenue guidance of -.

Boston Beer Stock Up 0.2%

Shares of SAM stock traded up $0.38 during trading hours on Thursday, hitting $236.87. 217,085 shares of the company were exchanged, compared to its average volume of 183,776. The firm has a fifty day moving average of $234.96 and a 200 day moving average of $218.89. The firm has a market cap of $2.47 billion, a PE ratio of 24.32, a PEG ratio of 2.30 and a beta of 0.90. Boston Beer has a 1 year low of $185.34 and a 1 year high of $264.46.

Boston Beer (NYSE:SAM) last posted its earnings results on Thursday, April 30th. The company reported $1.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32). The business had revenue of $433.93 million for the quarter, compared to analyst estimates of $436.77 million. Boston Beer had a return on equity of 12.16% and a net margin of 5.20%.Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Analysts expect that Boston Beer will post 10.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SAM shares. Wall Street Zen raised shares of Boston Beer from a “sell” rating to a “hold” rating in a research report on Sunday, April 12th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Boston Beer from $226.00 to $211.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Morgan Stanley dropped their target price on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 25th. Zacks Research raised shares of Boston Beer from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 23rd. Finally, UBS Group increased their target price on shares of Boston Beer from $230.00 to $250.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th. Ten research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Boston Beer currently has a consensus rating of “Reduce” and a consensus price target of $232.30.

Institutional Trading of Boston Beer

Several large investors have recently bought and sold shares of SAM. Goldman Sachs Group Inc. grew its position in Boston Beer by 55.4% in the first quarter. Goldman Sachs Group Inc. now owns 62,051 shares of the company’s stock valued at $14,820,000 after acquiring an additional 22,129 shares in the last quarter. Empowered Funds LLC grew its position in Boston Beer by 8.8% in the first quarter. Empowered Funds LLC now owns 1,207 shares of the company’s stock valued at $288,000 after acquiring an additional 98 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Boston Beer by 5.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 21,902 shares of the company’s stock valued at $5,231,000 after acquiring an additional 1,067 shares in the last quarter. Cetera Investment Advisers grew its position in Boston Beer by 17.9% in the second quarter. Cetera Investment Advisers now owns 1,653 shares of the company’s stock valued at $315,000 after acquiring an additional 251 shares in the last quarter. Finally, First Trust Advisors LP grew its position in Boston Beer by 41.5% in the second quarter. First Trust Advisors LP now owns 15,657 shares of the company’s stock valued at $2,988,000 after acquiring an additional 4,591 shares in the last quarter. Institutional investors and hedge funds own 81.13% of the company’s 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.