Royal Bank Of Canada Cuts Boston Beer (NYSE:SAM) Price Target to $210.00

Boston Beer (NYSE:SAM) had its price objective lowered by Royal Bank Of Canada from $234.00 to $210.00 in a research report sent to investors on Friday, MarketBeat.com reports. The brokerage currently has a sector perform rating on the stock.

A number of other equities analysts have also weighed in on SAM. Sanford C. Bernstein reduced their target price on shares of 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. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $233.00 price target on shares of Boston Beer in a research note on Friday, May 1st. Zacks Research upgraded Boston Beer from a “strong sell” rating to a “hold” rating in a report on Thursday, April 23rd. Morgan Stanley set a $190.00 price objective on Boston Beer in a research report on Friday. Finally, Wall Street Zen downgraded Boston Beer from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. One analyst has rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $207.27.

Boston Beer Stock Performance

Shares of SAM opened at $180.07 on Friday. Boston Beer has a twelve month low of $158.68 and a twelve month high of $264.46. The firm’s 50 day moving average price is $177.61 and its two-hundred day moving average price is $209.34. The firm has a market cap of $1.87 billion, a P/E ratio of -26.52, a PEG ratio of 3.68 and a beta of 0.78.

Boston Beer (NYSE:SAM) last released its quarterly earnings results on Thursday, July 23rd. The company reported $3.65 earnings per share 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 company had revenue of $568.34 million during the quarter, compared to analyst estimates of $566.68 million. During the same quarter last year, the company earned $5.45 EPS. The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. On average, sell-side analysts anticipate that Boston Beer will post 8.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Boston Beer

Several hedge funds have recently modified their holdings of SAM. Vanguard Group Inc. increased its position in shares of Boston Beer by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock valued at $202,776,000 after acquiring an additional 89,053 shares during the last quarter. AQR Capital Management LLC boosted its position in Boston Beer by 340.4% during the third quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock valued at $136,801,000 after purchasing an additional 500,120 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Boston Beer by 6.1% during the first 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 during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Boston Beer by 5.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 271,516 shares of the company’s stock valued at $52,981,000 after purchasing an additional 13,113 shares in the last quarter. Finally, 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 valued at $48,570,000 after purchasing an additional 35,644 shares in the last quarter. Institutional investors own 81.13% of the company’s stock.

Boston Beer News Roundup

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

• Positive Sentiment: Boston Beer’s revenue came in slightly ahead of some expectations and operating cash flow improved year over year, showing the business is still generating cash even as results soften.
• Positive Sentiment: Several analysts still see upside from current levels, with recent targets from Citigroup and RBC above the stock’s price, suggesting the long-term outlook is not being fully abandoned.
• Neutral Sentiment: Management highlighted product mix shifts, including strength in SunCruiser, which may help offset pressure from weaker Twisted Tea trends.
• Negative Sentiment: Second-quarter EPS of $3.65 missed estimates by a wide margin, signaling that profitability fell short of Wall Street’s expectations.
• Negative Sentiment: Revenue declined 3.3% year over year and shipment volume fell 4.5%, pointing to weaker demand.
• Negative Sentiment: Marketing costs rose 16.4%, adding margin pressure and contributing to the earnings miss.
• Negative Sentiment: Boston Beer also lowered its FY2026 guidance to 8.5–10.5 EPS, below the consensus estimate, which can weigh on sentiment around the 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.