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

Key Points

• Boston Beer is expected to report Q3 2026 results after Thursday’s market close. Analysts forecast earnings of $4.21 per share and revenue of $523.01 million; the conference call is scheduled for 5:00 p.m. ET.
• The company’s previous quarter fell short on earnings, reporting $3.65 per share versus the $4.83 consensus estimate, while revenue declined 3.3% year over year to $568.34 million.
• Analyst sentiment is cautious: Boston Beer has an average “Reduce” rating, with nine Holds, two Sells and one Buy, and an average price target of $205.09 versus the shares’ $177.97 opening price.

Boston Beer (NYSE:SAM - Get Free Report) is expected to be announcing its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $4.21 per share and revenue of $523.01 million for the quarter. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:00 PM ET.

Boston Beer (NYSE:SAM - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $3.65 EPS for the quarter, missing the consensus estimate of $4.83 by ($1.18). The business had revenue of $568.34 million during the quarter, compared to the consensus estimate of $566.68 million. Boston Beer had a positive return on equity of 9.99% and a negative net margin of 3.42%. Boston Beer's quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.45 earnings per share. On average, analysts expect Boston Beer to post $8.99 EPS for the current fiscal year and $10.27 EPS for the next fiscal year.

Boston Beer Trading Up 0.4%

Shares of SAM opened at $177.97 on Thursday. Boston Beer has a 12-month low of $158.68 and a 12-month high of $264.46. The company has a market capitalization of $1.85 billion, a PE ratio of -26.21 and a beta of 0.82. The business's 50 day moving average is $174.78 and its 200 day moving average is $189.15.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SAM. Deutsche Bank Aktiengesellschaft set a $176.00 target price on Boston Beer in a research report on Friday, July 24th. UBS Group decreased their target price on Boston Beer from $245.00 to $190.00 and set a "neutral" rating for the company in a research report on Thursday, July 16th. Roth Capital reissued a "buy" rating and set a $295.00 price objective (down from $315.00) on shares of Boston Beer in a report on Friday, July 24th. Morgan Stanley set a $190.00 price target on shares of Boston Beer and gave the company an "equal weight" rating in a research report on Friday, July 24th. Finally, Royal Bank Of Canada reduced their target price on Boston Beer from $210.00 to $190.00 and set a "sector perform" rating on the stock in a research report on Tuesday, October 6th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Boston Beer currently has an average rating of "Reduce" and an average price target of $205.09.

About Boston Beer

The Boston Beer Company, Inc is a craft brewing and alcoholic beverage company founded in 1984 by Jim Koch and headquartered in Boston, Massachusetts. The company is best known for Samuel Adams Boston Lager, which helped establish its reputation as one of the early leaders of the modern American craft beer movement.

Boston Beer develops, produces and sells a broad portfolio of beverages, including beers, hard seltzers, ciders, flavored malt beverages and ready-to-drink products. Its brands include Samuel Adams, Truly Hard Seltzer, Twisted Tea, Angry Orchard and Dogfish Head.

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