Royal Bank Of Canada Lowers Boston Beer (NYSE:SAM) Price Target to $210.00

Boston Beer (NYSE:SAM) had its price objective dropped by stock analysts at Royal Bank Of Canada from $234.00 to $210.00 in a research note issued on Friday, Marketbeat.com reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 16.62% from the company’s current price.

A number of other equities analysts have also recently issued reports on the stock. Citigroup cut their target price on shares of Boston Beer from $240.00 to $195.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Morgan Stanley set a $190.00 target price on Boston Beer in a report on Friday. UBS Group dropped their price target on Boston Beer from $245.00 to $190.00 and set a “neutral” rating on the stock in a research report on Thursday, July 16th. Evercore set a $240.00 price target on Boston Beer in a report on Friday, May 1st. Finally, Wall Street Zen downgraded Boston Beer from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $207.27.

Boston Beer Stock Performance

Shares of NYSE:SAM opened at $180.07 on Friday. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of -26.52, a price-to-earnings-growth ratio of 3.38 and a beta of 0.78. Boston Beer has a 1-year low of $158.68 and a 1-year high of $264.46. The company’s fifty day moving average is $177.61 and its two-hundred day moving average is $209.26.

Boston Beer (NYSE:SAM) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.83 by ($1.18). Boston Beer had a positive return on equity of 9.69% and a negative net margin of 3.42%.The business had revenue of $568.34 million during the quarter, compared to the consensus estimate of $566.68 million. During the same quarter in the previous year, the business posted $5.45 earnings per share. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Sell-side analysts expect that Boston Beer will post 8.74 EPS for the current fiscal year.

Institutional Trading of Boston Beer

Several hedge funds have recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new position in Boston Beer in the 4th quarter worth about $35,000. Ascentis Independent Advisors acquired a new stake in shares of Boston Beer in the first quarter valued at approximately $37,000. Covestor Ltd raised its holdings in shares of Boston Beer by 180.9% during the fourth quarter. Covestor Ltd now owns 250 shares of the company’s stock valued at $49,000 after buying an additional 161 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Boston Beer by 154.9% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock valued at $49,000 after buying an additional 141 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of Boston Beer by 4,780.0% during the third quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock valued at $52,000 after buying an additional 239 shares during the last quarter. 81.13% of the stock is currently owned by institutional investors.

More Boston Beer News

Here are the key news stories impacting Boston Beer this week:

• Positive Sentiment: Boston Beer’s revenue came in slightly ahead of some expectations and operating cash flow improved year over year, showing the business is still generating cash even as results soften.
• Positive Sentiment: Several analysts still see upside from current levels, with recent targets from Citigroup and RBC above the stock’s price, suggesting the long-term outlook is not being fully abandoned.
• Neutral Sentiment: Management highlighted product mix shifts, including strength in SunCruiser, which may help offset pressure from weaker Twisted Tea trends.
• Negative Sentiment: Second-quarter EPS of $3.65 missed estimates by a wide margin, signaling that profitability fell short of Wall Street’s expectations.
• Negative Sentiment: Revenue declined 3.3% year over year and shipment volume fell 4.5%, pointing to weaker demand.
• Negative Sentiment: Marketing costs rose 16.4%, adding margin pressure and contributing to the earnings miss.
• Negative Sentiment: Boston Beer also lowered its FY2026 guidance to 8.5–10.5 EPS, below the consensus estimate, which can weigh on sentiment around the stock.

About Boston Beer

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.