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

Boston Beer (NYSE:SAM) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.500-11.000 for the period, compared to the consensus earnings per share estimate of 10.960. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SAM. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $245.00 target price on shares of Boston Beer in a report on Friday. Piper Sandler lowered their target price on Boston Beer from $230.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Citigroup cut their price target on Boston Beer from $250.00 to $220.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Weiss Ratings raised shares of Boston Beer from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. Finally, UBS Group restated a “neutral” rating on shares of Boston Beer in a research note on Monday. One equities research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $244.19.

Boston Beer Trading Up 1.6%

Shares of NYSE:SAM traded up $3.53 on Tuesday, reaching $227.69. 190,566 shares of the company were exchanged, compared to its average volume of 166,016. Boston Beer has a 1-year low of $185.34 and a 1-year high of $260.00. The company has a 50-day moving average of $216.07 and a 200-day moving average of $213.81. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 26.85, a price-to-earnings-growth ratio of 1.71 and a beta of 1.03.

Boston Beer (NYSE:SAM) last released its quarterly earnings data on Tuesday, February 24th. The company reported ($2.12) EPS for the quarter, topping the consensus estimate of ($2.32) by $0.20. The business had revenue of $385.68 million for the quarter, compared to analyst estimates of $381.75 million. Boston Beer had a net margin of 4.38% and a return on equity of 12.29%. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, analysts forecast that Boston Beer will post 9.29 earnings per share for the current year.

Hedge Funds Weigh In On Boston Beer

A number of hedge funds have recently made changes to their positions in the business. Virtu Financial LLC acquired a new position in Boston Beer during the 4th quarter worth approximately $390,000. Invesco Ltd. increased its position in shares of Boston Beer by 1.9% in the 4th quarter. Invesco Ltd. now owns 117,112 shares of the company’s stock worth $22,852,000 after purchasing an additional 2,223 shares during the last quarter. Corient Private Wealth LLC raised its stake in Boston Beer by 1,191.4% during the fourth quarter. Corient Private Wealth LLC now owns 26,978 shares of the company’s stock valued at $5,264,000 after buying an additional 24,889 shares in the last quarter. Vident Advisory LLC lifted its stake in Boston Beer by 5.2% during the fourth quarter. Vident Advisory LLC now owns 3,076 shares of the company’s stock worth $600,000 after purchasing an additional 153 shares during the last quarter. Finally, State of Tennessee Department of Treasury lifted its position in shares of Boston Beer by 399.8% in 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 last quarter. Hedge funds and other institutional investors own 81.13% of the company’s stock.

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.