Boston Beer (NYSE:SAM) Issues FY 2026 Earnings Guidance

Boston Beer (NYSE:SAM) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 8.500-10.500 for the period, compared to the consensus earnings per share estimate of 9.590. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SAM. UBS Group cut their price target on Boston Beer from $245.00 to $190.00 and set a “neutral” rating for the company in a report on Thursday, July 16th. Morgan Stanley cut their price objective on shares of Boston Beer from $235.00 to $220.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Evercore set a $240.00 target price on Boston Beer in a research report on Friday, May 1st. Weiss Ratings lowered Boston Beer from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $233.00 price target on shares of Boston Beer in a research note on Friday, May 1st. Ten research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $224.00.

Boston Beer Price Performance

Shares of SAM traded down $1.91 during trading hours on Thursday, hitting $172.01. The stock had a trading volume of 548,236 shares, compared to its average volume of 241,244. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of -27.30, a P/E/G ratio of 3.21 and a beta of 0.78. The company’s fifty day moving average is $177.52 and its two-hundred day moving average is $209.66. Boston Beer has a 52 week low of $158.68 and a 52 week high of $264.46.

Boston Beer (NYSE:SAM) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.83 by ($1.18). The firm had revenue of $568.34 million for the quarter, compared to the consensus estimate of $566.68 million. Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Equities analysts predict that Boston Beer will post 9.51 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in shares of Boston Beer during the fourth quarter worth $390,000. Invesco Ltd. lifted its position in Boston Beer by 1.9% during the 4th quarter. Invesco Ltd. now owns 117,112 shares of the company’s stock valued at $22,852,000 after purchasing an additional 2,223 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Boston Beer by 1,191.4% in the 4th quarter. Corient Private Wealth LLC now owns 26,978 shares of the company’s stock valued at $5,264,000 after purchasing an additional 24,889 shares during the last quarter. Vident Advisory LLC boosted its stake in shares of Boston Beer by 5.2% in the 4th quarter. Vident Advisory LLC now owns 3,076 shares of the company’s stock valued at $600,000 after purchasing an additional 153 shares during the last quarter. Finally, State of Tennessee Department of Treasury grew its position in shares of Boston Beer by 399.8% during the 4th quarter. State of Tennessee Department of Treasury now owns 3,094 shares of the company’s stock worth $661,000 after buying an additional 2,475 shares during the period. 81.13% of the stock is currently owned by institutional investors.

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.