TD Cowen Cuts Molson Coors Beverage (NYSE:TAP) Price Target to $43.00

Molson Coors Beverage (NYSE:TAP) had its price target reduced by TD Cowen from $47.00 to $43.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “hold” rating on the stock. TD Cowen’s price target would suggest a potential downside of 13.54% from the company’s previous close.

A number of other equities research analysts have also issued reports on the company. Zacks Research raised Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Jefferies Financial Group set a $45.00 target price on shares of Molson Coors Beverage in a research note on Thursday. Wells Fargo & Company dropped their price target on Molson Coors Beverage from $54.00 to $52.00 and set an “equal weight” rating on the stock in a research report on Thursday. BNP Paribas Exane downgraded shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 price objective on the stock. in a research note on Friday, January 16th. Finally, Roth Mkm set a $58.00 price objective on shares of Molson Coors Beverage in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Molson Coors Beverage presently has a consensus rating of “Hold” and a consensus target price of $51.82.

Molson Coors Beverage Price Performance

Shares of NYSE:TAP traded up $1.38 on Friday, reaching $49.73. The company’s stock had a trading volume of 1,699,180 shares, compared to its average volume of 3,157,734. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.45 and a current ratio of 0.60. Molson Coors Beverage has a 52-week low of $42.94 and a 52-week high of $64.66. The company has a 50-day simple moving average of $48.85 and a 200 day simple moving average of $47.87. The company has a market cap of $9.83 billion, a P/E ratio of -4.57 and a beta of 0.48.

Molson Coors Beverage (NYSE:TAP) last released its quarterly earnings results on Wednesday, February 18th. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.17 by $0.04. The company had revenue of $2.66 billion during the quarter, compared to analyst estimates of $2.71 billion. Molson Coors Beverage had a positive return on equity of 8.67% and a negative net margin of 16.41%.The firm’s revenue was down 2.7% on a year-over-year basis. During the same quarter last year, the business posted $1.30 earnings per share. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. As a group, equities research analysts anticipate that Molson Coors Beverage will post 6.35 EPS for the current fiscal year.

Institutional Trading of Molson Coors Beverage

A number of hedge funds and other institutional investors have recently made changes to their positions in TAP. Polianta Ltd acquired a new position in shares of Molson Coors Beverage in the 3rd quarter valued at $1,543,000. JPMorgan Chase & Co. grew its stake in Molson Coors Beverage by 20.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,036,110 shares of the company’s stock valued at $49,828,000 after acquiring an additional 175,587 shares during the period. Swiss National Bank increased its holdings in Molson Coors Beverage by 5.5% in the 2nd quarter. Swiss National Bank now owns 537,600 shares of the company’s stock worth $25,853,000 after acquiring an additional 27,900 shares in the last quarter. Wilsey Asset Management Inc. raised its position in Molson Coors Beverage by 4.9% during the third quarter. Wilsey Asset Management Inc. now owns 591,259 shares of the company’s stock worth $26,754,000 after acquiring an additional 27,819 shares during the period. Finally, Invesco Ltd. lifted its holdings in Molson Coors Beverage by 3.6% during the third quarter. Invesco Ltd. now owns 4,430,544 shares of the company’s stock valued at $200,482,000 after purchasing an additional 152,859 shares in the last quarter. Institutional investors and hedge funds own 78.46% of the company’s stock.

Key Stories Impacting Molson Coors Beverage

Here are the key news stories impacting Molson Coors Beverage this week:

• Positive Sentiment: Q4 EPS beat consensus ($1.21 vs. $1.17) despite a revenue miss and weaker volumes — investors often reward beats even when sales lag. Molson Coors Brewing (TAP) Surpasses Q4 Earnings Estimates
• Positive Sentiment: Quarterly dividend raised to $0.48 (annualized yield ~4.0%), which can support investor demand for income names. Molson Coors Beverage Company Reports 2025 Fourth Quarter and Full Year Results
• Neutral Sentiment: Management presented at the CAGNY conference (slides/transcript available) — useful for longer‑term visibility but unlikely to move price materially on its own. Molson Coors Presents at CAGNY Conference — Slideshow
• Negative Sentiment: FY‑2026 guidance was well below consensus (EPS guidance ~4.607–4.823 vs. street ~5.42), signaling a sharp profit decline next year and weighing on sentiment. Molson Coors forecasts sharp drop in 2026 profit as aluminum costs bite
• Negative Sentiment: Net sales and volumes declined (Q4 revenue miss vs. estimates), underscoring soft consumer demand and margin pressure. Molson Coors Profit, Sales Fall as Beer Demand Remains Soft
• Negative Sentiment: Analysts trimmed price targets (Needham and Wells Fargo lowered PTs to ~$52); Needham’s cut prompted an early session gap down — analyst caution may cap upside near term. Molson Coors Shares Gap Down Following Analyst Downgrade

About Molson Coors Beverage

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.