Boston Beer (NYSE:SAM) Price Target Cut to $242.00 by Analysts at Royal Bank Of Canada

by · The Cerbat Gem

Boston Beer (NYSE:SAM – Free Report) had its target price lowered by Royal Bank Of Canada from $245.00 to $242.00 in a report released on Friday morning,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

SAM has been the topic of several other reports. UBS Group lowered their target price on shares of Boston Beer from $250.00 to $245.00 and set a “neutral” rating on the stock in a report on Friday. Evercore set a $240.00 price target on Boston Beer in a research report on Friday. Citigroup raised their price objective on Boston Beer from $230.00 to $270.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Wall Street Zen raised Boston Beer from a “sell” rating to a “hold” rating in a report on Sunday, April 12th. Finally, Weiss Ratings downgraded Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, February 25th. Ten equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $240.64.

Check Out Our Latest Research Report on SAM

Boston Beer Stock Down 9.0%

Shares of Boston Beer stock traded down $21.40 during trading on Friday, reaching $215.64. The company’s stock had a trading volume of 577,748 shares, compared to its average volume of 222,513. The business’s 50-day moving average price is $235.05 and its 200-day moving average price is $219.01. Boston Beer has a 52 week low of $185.34 and a 52 week high of $264.46. The firm has a market cap of $2.25 billion, a PE ratio of 22.14, a P/E/G ratio of 2.27 and a beta of 0.88.

Boston Beer (NYSE:SAM – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.64 EPS for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32). Boston Beer had a positive return on equity of 11.38% and a negative net margin of 2.96%.The business had revenue of $433.93 million for the quarter, compared to the consensus estimate of $436.06 million. During the same period in the prior year, the business posted $2.16 earnings per share. Boston Beer’s revenue was down 4.4% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Equities analysts predict that Boston Beer will post 10.08 earnings per share for the current year.

Institutional Trading of Boston Beer

Large investors have recently made changes to their positions in the company. Savoir Faire Capital Management L.P. boosted its holdings in shares of Boston Beer by 28.4% in the 3rd quarter. Savoir Faire Capital Management L.P. now owns 38,825 shares of the company’s stock valued at $8,208,000 after purchasing an additional 8,585 shares in the last quarter. Savant Capital LLC bought a new position in shares of Boston Beer in the 3rd quarter valued at $2,030,000. American Century Companies Inc. raised its holdings in shares of Boston Beer by 35.7% during the 3rd quarter. American Century Companies Inc. now owns 123,034 shares of the company’s stock worth $26,012,000 after buying an additional 32,382 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Boston Beer by 835.1% during the 3rd quarter. SG Americas Securities LLC now owns 5,667 shares of the company’s stock worth $1,198,000 after buying an additional 5,061 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Boston Beer by 445.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 11,036 shares of the company’s stock worth $2,444,000 after buying an additional 9,014 shares during the last quarter. Institutional investors and hedge funds own 81.13% of the company’s stock.

Boston Beer News Roundup

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

  • Positive Sentiment: Management highlighted margin progress and portfolio shifts that could help stabilize profitability as category demand normalizes. SAM Q1 deep dive
  • Positive Sentiment: Brand activity continues (Dogfish Head limited‑edition Survivor collaboration), supporting marketing momentum and shelf visibility. Dogfish Head & Survivor launch
  • Positive Sentiment: Bullish analysts/upside thesis note a strong balance sheet, cash flow and buyback capacity that could support recovery or opportunistic M&A over time. Seeking Alpha: Opportunity thesis
  • Neutral Sentiment: Q1 earnings call transcript and highlights are available for investors who want management’s explanations of cost actions and channel dynamics. Q1 earnings transcript
  • Neutral Sentiment: Some outlets note reported Q1 sales were roughly in line with estimates even as profitability metrics diverged. Q1 sales snapshot
  • Negative Sentiment: Q1 results missed consensus: EPS of $1.64 (vs. ~ $1.85–1.96 estimates) and revenue down year‑over‑year; depletions/volumes declined ~4%, signaling demand softness. Zacks: Q1 miss
  • Negative Sentiment: Litigation (Ardagh jury verdict) and related costs materially weighed on results and prompted guidance changes; the company disclosed it will contest the verdict but recorded significant expenses. WSJ: Litigation impact
  • Negative Sentiment: Management narrowed FY‑2026 non‑GAAP EPS to $8.50–$10.50 (below consensus) and now sees volumes down low‑to‑mid single digits, reducing near‑term earnings visibility. MSN: Guidance narrowed
  • Negative Sentiment: An analyst price‑target tweak (RBC lowered target slightly and set a “sector perform” rating) signaled tempered enthusiasm from a major broker. Benzinga: RBC price target change

Boston Beer Company Profile

(Get Free Report)

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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