Boston Beer (NYSE:SAM) Price Target Cut to $211.00 by Analysts at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank cut its price target on Boston Beer to $211 and kept a "hold" rating, implying roughly an 8.6% downside from the current share price.
• Several brokerages have recently trimmed targets or downgraded SAM, leaving a MarketBeat average target of $231.28 and an overall consensus rating of "Reduce."
• Boston Beer beat quarterly estimates with EPS of ($2.12) and revenue of $385.7M (down 4.1% y/y), and set FY2026 guidance of $8.50–$11.00 EPS versus analyst forecasts of 9.29.

Boston Beer (NYSE:SAM - Get Free Report) had its target price reduced by analysts at Deutsche Bank Aktiengesellschaft from $226.00 to $211.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential downside of 8.64% from the company's current price.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley cut their price target on shares of Boston Beer from $245.00 to $235.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 25th. Weiss Ratings cut Boston Beer from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, February 25th. Zacks Research downgraded Boston Beer from a "hold" rating to a "strong sell" rating in a research report on Tuesday, February 24th. Citigroup upped their price target on Boston Beer from $220.00 to $230.00 and gave the company a "neutral" rating in a research report on Wednesday, February 25th. Finally, UBS Group lowered their price target on Boston Beer from $234.00 to $230.00 and set a "neutral" rating on the stock in a research report on Monday, February 23rd. Eleven research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Boston Beer has an average rating of "Reduce" and an average target price of $231.28.

Boston Beer Stock Up 0.5%

SAM traded up $1.19 during trading on Monday, reaching $230.95. 104,086 shares of the company's stock were exchanged, compared to its average volume of 168,683. The company has a market capitalization of $2.41 billion, a P/E ratio of 23.71, a PEG ratio of 2.51 and a beta of 1.00. The business has a 50 day moving average price of $228.71 and a 200 day moving average price of $215.12. Boston Beer has a fifty-two week low of $185.34 and a fifty-two week high of $260.00.

Boston Beer (NYSE:SAM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported ($2.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($2.33) by $0.21. Boston Beer had a net margin of 5.20% and a return on equity of 12.16%. The company had revenue of $385.68 million during the quarter, compared to analysts' expectations of $381.75 million. During the same quarter in the prior year, the company posted ($1.68) EPS. The business's revenue was down 4.1% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, research analysts forecast that Boston Beer will post 9.29 EPS for the current year.

Hedge Funds Weigh In On Boston Beer

Several large investors have recently made changes to their positions in the company. Quent Capital LLC bought a new stake in Boston Beer during the 3rd quarter worth about $27,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Boston Beer by 137.3% during the 3rd 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 period. Flagship Harbor Advisors LLC bought a new stake in shares of Boston Beer during the fourth quarter worth approximately $35,000. GAMMA Investing LLC raised its stake in shares of Boston Beer by 81.7% during the third quarter. GAMMA Investing LLC now owns 189 shares of the company's stock worth $40,000 after buying an additional 85 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Boston Beer by 154.9% in 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 period. Institutional investors and hedge funds own 81.13% of the company's stock.

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.

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