Analysts Set The Boston Beer Company, Inc. (NYSE:SAM) Price Target at $206.91

The Boston Beer Company, Inc. (NYSE:SAM) has earned a consensus rating of “Reduce” from the twelve ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $206.9091.

A number of analysts have weighed in on the company. Zacks Research lowered Boston Beer from a “hold” rating to a “strong sell” rating in a research note on Friday, July 24th. Weiss Ratings reissued a “sell (d)” rating on shares of Boston Beer in a research note on Monday, August 3rd. UBS Group cut their price target on shares of Boston Beer from $245.00 to $190.00 and set a “neutral” rating on the stock in a report on Thursday, July 16th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $195.00 price target on shares of Boston Beer in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft set a $176.00 price objective on shares of Boston Beer in a research report on Friday, July 24th.

Boston Beer Price Performance

Boston Beer stock opened at $182.78 on Wednesday. Boston Beer has a 1-year low of $158.68 and a 1-year high of $264.46. The firm has a market capitalization of $1.90 billion, a P/E ratio of -26.92 and a beta of 0.80. The company’s 50-day moving average is $181.60 and its 200 day moving average is $203.82.

Boston Beer (NYSE:SAM) last announced its 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). Boston Beer had a negative net margin of 3.42% and a positive return on equity of 9.99%. The business had revenue of $568.34 million for the quarter, compared to analysts’ expectations of $566.68 million. During the same quarter last year, the firm earned $5.45 EPS. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Research analysts anticipate that Boston Beer will post 8.99 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SAM. California State Teachers Retirement System lifted its holdings in shares of Boston Beer by 15,014.9% in the 2nd quarter. California State Teachers Retirement System now owns 1,507,410 shares of the company’s stock worth $266,857,000 after buying an additional 1,497,437 shares during the period. Vanguard Group Inc. lifted its stake in Boston Beer by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock worth $202,776,000 after acquiring an additional 89,053 shares during the period. AQR Capital Management LLC grew its holdings in Boston Beer by 340.4% during the 3rd quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock worth $136,801,000 after acquiring an additional 500,120 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Boston Beer by 6.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 273,612 shares of the company’s stock valued at $63,040,000 after purchasing an additional 15,611 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Boston Beer by 5.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 271,516 shares of the company’s stock worth $52,981,000 after purchasing an additional 13,113 shares during the period. 81.13% of the stock is currently owned by hedge funds and other institutional investors.

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.