Boston Beer (SAM) Projected to Post Quarterly Earnings on Thursday

Key Points

• Boston Beer is expected to report Q1 2026 results before the open on Thursday, April 23, with analysts forecasting $1.96 EPS and $436.77M in revenue, and the company has set FY2026 guidance of 8.50–11.00 EPS.
• In the last quarter the firm beat estimates, reporting a ($2.12) EPS versus a ($2.33) consensus and revenue of $385.68M, although revenue declined about 4.1% year‑over‑year.
• Shares opened at $244.46 (market cap ~$2.55B) and were up 3.4%; analysts’ consensus rating is "Reduce" with an average target of $232.30, while institutional ownership is high at 81.13% and Goldman Sachs recently increased its stake.

Boston Beer (NYSE:SAM - Get Free Report) will likely be issuing its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $1.96 per share and revenue of $436.7660 million for the quarter. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. Parties may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, April 30, 2026 at 5:00 PM ET.

Boston Beer (NYSE:SAM - Get Free Report) last announced 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 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 period last year, the firm earned ($1.68) EPS. On average, analysts expect Boston Beer to post $9 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Boston Beer Stock Up 3.4%

Boston Beer stock opened at $244.46 on Thursday. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 2.59 and a beta of 0.90. Boston Beer has a 52 week low of $185.34 and a 52 week high of $264.46. The business's 50-day moving average price is $235.35 and its 200 day moving average price is $217.37.

Hedge Funds Weigh In On Boston Beer

A number of institutional investors have recently added to or reduced their stakes in SAM. Goldman Sachs Group Inc. lifted its position 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 buying an additional 22,129 shares in the last quarter. Empowered Funds LLC lifted its position 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 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 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 buying an additional 1,067 shares in the last quarter. Cetera Investment Advisers raised its position in Boston Beer by 17.9% in the second quarter. Cetera Investment Advisers now owns 1,653 shares of the company's stock valued at $315,000 after purchasing an additional 251 shares during the period. Finally, First Trust Advisors LP raised its position in Boston Beer by 41.5% in the second quarter. First Trust Advisors LP now owns 15,657 shares of the company's stock valued at $2,988,000 after purchasing an additional 4,591 shares during the period. Hedge funds and other institutional investors own 81.13% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on SAM shares. Citigroup raised their target price on Boston Beer from $230.00 to $270.00 and gave the stock a "neutral" rating in a report on Wednesday. UBS Group raised their target price on Boston Beer from $230.00 to $250.00 and gave the stock a "neutral" rating in a report on Tuesday, April 7th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $245.00 price objective on shares of Boston Beer in a report on Friday, February 20th. Morgan Stanley dropped their price objective on Boston Beer from $245.00 to $235.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 25th. Finally, Zacks Research lowered Boston Beer from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 24th. Ten investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of $232.30.

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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