Boston Beer (NYSE:SAM) Stock Price Down 4.1% - What's Next?

Key Points

• SAM fell 4.1%
• Wall Street sentiment is cautious: the stock's average rating on MarketBeat is "Reduce" with an average target of $228.30, amid mixed analyst moves including downgrades from Zacks and Weiss and higher price targets from Citi and UBS.
• Boston Beer beat the quarter's EPS and revenue estimates (EPS -$2.12 vs. -$2.33 est.; revenue $385.7M) despite a 4.1% YoY revenue decline, and issued FY2026 guidance of 8.50–11.00 EPS versus a sell-side consensus of about 9.29 EPS.

Shares of The Boston Beer Company, Inc. (NYSE:SAM - Get Free Report) traded down 4.1% during trading on Monday . The stock traded as low as $247.56 and last traded at $246.6430. 8,927 shares changed hands during trading, a decline of 95% from the average session volume of 170,480 shares. The stock had previously closed at $257.21.

Wall Street Analyst Weigh In

SAM has been the topic of several recent analyst reports. Zacks Research downgraded shares of Boston Beer from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 24th. Weiss Ratings downgraded shares of Boston Beer from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, February 25th. Citigroup upped their price objective on shares of Boston Beer from $220.00 to $230.00 and gave the company a "neutral" rating in a report on Wednesday, February 25th. Wall Street Zen upgraded shares of Boston Beer from a "sell" rating to a "hold" rating in a report on Sunday. Finally, UBS Group upped their price objective on shares of Boston Beer from $230.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, April 7th. Ten investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Boston Beer has an average rating of "Reduce" and an average target price of $228.30.

Boston Beer Stock Performance

The company's fifty day moving average is $234.32 and its two-hundred day moving average is $216.84. The company has a market cap of $2.55 billion, a price-to-earnings ratio of 25.01, a P/E/G ratio of 2.82 and a beta of 0.90.

Boston Beer (NYSE:SAM - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported ($2.12) earnings per share for the quarter, topping the consensus estimate of ($2.33) by $0.21. The company had revenue of $385.68 million for the quarter, compared to the consensus estimate of $381.75 million. Boston Beer had a net margin of 5.20% and a return on equity of 12.16%. Boston Beer's quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($1.68) EPS. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. On average, sell-side analysts anticipate that The Boston Beer Company, Inc. will post 9.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Boston Beer

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its position in shares of Boston Beer by 55.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 62,051 shares of the company's stock valued at $14,820,000 after buying an additional 22,129 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Boston Beer by 8.8% during the 1st quarter. Empowered Funds LLC now owns 1,207 shares of the company's stock valued at $288,000 after buying an additional 98 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Boston Beer by 5.1% during the 1st 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 buying an additional 1,067 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Boston Beer by 17.9% during the 2nd quarter. Cetera Investment Advisers now owns 1,653 shares of the company's stock valued at $315,000 after buying an additional 251 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Boston Beer by 41.5% during the 2nd quarter. First Trust Advisors LP now owns 15,657 shares of the company's stock valued at $2,988,000 after buying an additional 4,591 shares in the last quarter. 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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