Boston Beer (NYSE:SAM) Upgraded at Zacks Research

Key Points

• Zacks Research upgraded Boston Beer from a "strong sell" to a "hold," though the analyst consensus remains a "Reduce" rating with a consensus target price of $232.30.
• Boston Beer beat quarterly EPS ($-2.12 vs. -2.33 est.) and revenue ($385.7M vs. $381.8M) despite a 4.1% YoY revenue decline, and set FY2026 guidance of 8.50–11.00 EPS (sell-side average ~10.08 EPS).

Boston Beer (NYSE:SAM - Get Free Report) was upgraded by investment analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a note issued to investors on Thursday,Zacks.com reports.

Other analysts also recently issued research reports about the stock. Morgan Stanley decreased their price objective on shares of Boston Beer from $245.00 to $235.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 25th. UBS Group boosted their price objective on shares of Boston Beer from $230.00 to $250.00 and gave the stock a "neutral" rating in a report on Tuesday, April 7th. Weiss Ratings downgraded 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 reissued a "sector perform" rating and set a $245.00 price objective on shares of Boston Beer in a report on Friday, February 20th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Boston Beer from $226.00 to $211.00 and set a "hold" rating on the stock in a report on Monday, March 30th. Ten analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $232.30.

Boston Beer Trading Down 1.8%

Shares of SAM opened at $236.13 on Thursday. Boston Beer has a twelve month low of $185.34 and a twelve month high of $264.46. The stock's 50 day moving average is $234.93 and its two-hundred day moving average is $218.54. The firm has a market capitalization of $2.47 billion, a PE ratio of 24.24, a P/E/G ratio of 2.30 and a beta of 0.90.

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 for the quarter, beating analysts' consensus estimates of ($2.33) by $0.21. The company had revenue of $385.68 million for the quarter, compared to analyst estimates of $381.75 million. Boston Beer had a return on equity of 12.16% and a net margin of 5.20%.The firm's revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter in the previous 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 predict that Boston Beer will post 10.08 EPS for the current year.

Institutional Trading of Boston Beer

A number of institutional investors have recently added to or reduced their stakes in the stock. Calamos Advisors LLC raised its position in Boston Beer by 12.1% during the third quarter. Calamos Advisors LLC now owns 65,364 shares of the company's stock worth $13,819,000 after acquiring an additional 7,035 shares during the last quarter. Savoir Faire Capital Management L.P. raised its position in Boston Beer by 28.4% during the third quarter. Savoir Faire Capital Management L.P. now owns 38,825 shares of the company's stock worth $8,208,000 after acquiring an additional 8,585 shares during the last quarter. Savant Capital LLC acquired a new position in Boston Beer during the third quarter worth about $2,030,000. American Century Companies Inc. raised its position in Boston Beer by 35.7% during the third quarter. American Century Companies Inc. now owns 123,034 shares of the company's stock worth $26,012,000 after acquiring an additional 32,382 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in Boston Beer by 835.1% during the third quarter. SG Americas Securities LLC now owns 5,667 shares of the company's stock worth $1,198,000 after acquiring an additional 5,061 shares during the last quarter. Hedge funds and other 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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