Boston Beer (NYSE:SAM) Raised to “Hold” at Wall Street Zen

Boston Beer (NYSE:SAM) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other analysts also recently issued research reports about the company. Citigroup cut their target price on Boston Beer from $195.00 to $185.00 and set a “neutral” rating on the stock in a research note on Friday. Morgan Stanley set a $190.00 price target on Boston Beer in a research note on Friday. Royal Bank Of Canada lowered their price target on Boston Beer from $234.00 to $210.00 and set a “sector perform” rating on the stock in a report on Friday. Sanford C. Bernstein cut their price objective on shares of Boston Beer from $218.00 to $210.00 and set a “market perform” rating on the stock in a research note on Tuesday, May 5th. Finally, Evercore set a $240.00 price objective on shares of Boston Beer in a report on Friday, May 1st. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $207.27.

Boston Beer Trading Down 0.0%

SAM opened at $180.07 on Friday. The business’s 50 day moving average is $177.61 and its 200-day moving average is $209.34. The stock has a market cap of $1.87 billion, a PE ratio of -26.52, a price-to-earnings-growth ratio of 3.68 and a beta of 0.78. Boston Beer has a twelve month low of $158.68 and a twelve month high of $264.46.

Boston Beer (NYSE:SAM) last issued its quarterly earnings data 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 positive return on equity of 9.99% and a negative net margin of 3.42%.The business had revenue of $568.34 million for the quarter, compared to analyst estimates of $566.68 million. During the same quarter in the prior year, the firm posted $5.45 earnings per share. The business’s quarterly revenue was down 3.3% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, analysts forecast that Boston Beer will post 8.74 EPS for the current year.

Hedge Funds Weigh In On Boston Beer

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC acquired a new position in shares of Boston Beer during the 4th quarter valued at $35,000. Ascentis Independent Advisors acquired a new stake in shares of Boston Beer in the first quarter valued at $37,000. Covestor Ltd lifted its holdings in shares of Boston Beer by 180.9% in the fourth quarter. Covestor Ltd now owns 250 shares of the company’s stock valued at $49,000 after buying an additional 161 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in 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 in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its stake 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 valued at $52,000 after buying an additional 239 shares in the last quarter. 81.13% of the stock is owned by institutional investors.

More Boston Beer News

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.