Boston Beer (NYSE:SAM) Price Target Lowered to $185.00 at Citigroup

Boston Beer (NYSE:SAM) had its price objective decreased by stock analysts at Citigroup from $195.00 to $185.00 in a report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price objective indicates a potential upside of 2.39% from the stock’s current price.

Several other research analysts have also recently commented on SAM. Sanford C. Bernstein lowered their target price on Boston Beer from $218.00 to $210.00 and set a “market perform” rating for the company in a research note on Tuesday, May 5th. Roth Capital restated a “buy” rating and set a $295.00 target price (down from $315.00) on shares of Boston Beer in a research note on Friday. Zacks Research raised shares of Boston Beer from a “strong sell” rating to a “hold” rating in a report on Thursday, April 23rd. Wall Street Zen downgraded shares of Boston Beer from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Finally, Morgan Stanley set a $190.00 price objective on shares of Boston Beer in a report on Friday. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $207.27.

Boston Beer Trading Up 3.5%

Boston Beer stock traded up $6.17 during mid-day trading on Friday, hitting $180.68. The company’s stock had a trading volume of 440,102 shares, compared to its average volume of 242,587. The stock’s fifty day moving average is $177.50 and its two-hundred day moving average is $209.46. The firm has a market capitalization of $1.88 billion, a PE ratio of -28.74, a price-to-earnings-growth ratio of 3.27 and a beta of 0.78. Boston Beer has a 1 year low of $158.68 and a 1 year 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 for the quarter, missing analysts’ consensus estimates of $4.83 by ($1.18). The company had revenue of $568.34 million for the quarter, compared to analyst estimates 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’s revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.45 earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. On average, equities analysts expect that Boston Beer will post 9.51 EPS for the current fiscal year.

Institutional Investors Weigh In On Boston Beer

A number of hedge funds have recently added to or reduced their stakes in SAM. Vanguard Group Inc. increased its position in shares of Boston Beer by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock worth $202,776,000 after purchasing an additional 89,053 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new position in shares of Boston Beer during the fourth quarter worth about $893,000. Skylands Capital LLC bought a new position in shares of Boston Beer during the fourth quarter worth about $1,181,000. Gotham Asset Management LLC grew its stake in Boston Beer by 16.7% in the fourth quarter. Gotham Asset Management LLC now owns 248,910 shares of the company’s stock worth $48,570,000 after purchasing an additional 35,644 shares in the last quarter. Finally, Tejara Capital Ltd acquired a new position in Boston Beer in the fourth quarter worth about $1,346,000. Institutional investors and hedge funds own 81.13% of the company’s stock.

Boston Beer News Summary

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

• Negative Sentiment: SAM reported Q2 EPS of $3.65, well below consensus estimates, and revenue also missed expectations slightly. The company said weaker shipment volumes and a 16.4% jump in marketing costs weighed on results. Article Title
• Negative Sentiment: The company’s year-over-year sales declined, with shipment volume down 4.5%, and profitability softened as operating profit and net income fell from the prior year. Article Title
• Neutral Sentiment: Boston Beer updated FY2026 EPS guidance to 8.50-10.50, which is below the market’s prior expectation, signaling management is still navigating a challenging demand environment. Article Title
• Neutral Sentiment: Royal Bank of Canada lowered its price target on SAM to $210 from $234 while keeping a “sector perform” rating, reflecting a more cautious but not outright bearish stance. Article Title

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.