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

Key Points

• Wall Street Zen upgraded Boston Beer (SAM) from a "sell" to a "hold," but the Street consensus remains a Reduce with an average price target of $228.30 (ten Hold, three Sell).
• Boston Beer beat Q results with a ($2.12) EPS versus a ($2.33) estimate and $385.68M in revenue, and set FY2026 guidance of 8.50–11.00 EPS (analysts forecast ~9.29 EPS).
• Institutional ownership stands at 81.13%, with notable inflows such as Goldman Sachs increasing its stake by 55.4% to 62,051 shares.

Boston Beer (NYSE:SAM - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Sunday.

SAM has been the subject of a number of other reports. Weiss Ratings cut shares of Boston Beer from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, February 25th. Royal Bank Of Canada restated a "sector perform" rating and set a $245.00 price target on shares of Boston Beer in a report on Friday, February 20th. UBS Group increased their target price on shares of Boston Beer from $230.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft reduced 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 note on Monday, March 30th. Finally, Citigroup increased their target price on shares of Boston Beer from $220.00 to $230.00 and gave the company a "neutral" rating in a research note on Wednesday, February 25th. Ten analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and an average price target of $228.30.

Boston Beer Stock Down 0.9%

SAM stock opened at $257.72 on Friday. The stock has a market cap of $2.69 billion, a PE ratio of 26.46, a price-to-earnings-growth ratio of 2.82 and a beta of 0.90. Boston Beer has a fifty-two week low of $185.34 and a fifty-two week high of $264.46. The firm's 50-day simple moving average is $234.32 and its 200 day simple moving average is $216.87.

Boston Beer (NYSE:SAM - Get Free Report) last released its quarterly earnings results 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 period in the prior year, the company earned ($1.68) earnings per share. The business's quarterly revenue was down 4.1% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. Equities analysts forecast that Boston Beer will post 9.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SAM. Goldman Sachs Group Inc. lifted its stake in Boston Beer by 55.4% during the first quarter. Goldman Sachs Group Inc. now owns 62,051 shares of the company's stock worth $14,820,000 after purchasing an additional 22,129 shares during the period. Empowered Funds LLC lifted its stake in Boston Beer by 8.8% during the first quarter. Empowered Funds LLC now owns 1,207 shares of the company's stock worth $288,000 after purchasing an additional 98 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Boston Beer by 5.1% during 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 worth $5,231,000 after purchasing an additional 1,067 shares during the period. Cetera Investment Advisers lifted its stake in Boston Beer by 17.9% during the second quarter. Cetera Investment Advisers now owns 1,653 shares of the company's stock worth $315,000 after purchasing an additional 251 shares during the period. Finally, First Trust Advisors LP lifted its stake in Boston Beer by 41.5% during the second quarter. First Trust Advisors LP now owns 15,657 shares of the company's stock worth $2,988,000 after purchasing an additional 4,591 shares during the period. Institutional investors 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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