Molson Coors Beverage (NYSE:TAP) Price Target Cut to $52.00 by Analysts at Wells Fargo & Company

Molson Coors Beverage (NYSE:TAP) had its target price decreased by Wells Fargo & Company from $54.00 to $52.00 in a research report sent to investors on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

Several other research firms also recently commented on TAP. BNP Paribas Exane downgraded 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. Roth Mkm set a $58.00 price target on Molson Coors Beverage in a research report on Thursday. Zacks Research upgraded Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Piper Sandler lowered their price objective on Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, Barclays reiterated an “underweight” rating and set a $49.00 target price on shares of Molson Coors Beverage in a research report on Friday, January 16th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $52.24.

Molson Coors Beverage Price Performance

TAP opened at $48.33 on Thursday. The firm has a market cap of $9.55 billion, a P/E ratio of -4.45 and a beta of 0.48. The firm has a 50-day moving average of $48.85 and a 200 day moving average of $47.87. 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 fifty-two week low of $42.94 and a fifty-two week high of $64.66.

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

Molson Coors Beverage Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Molson Coors Beverage’s previous quarterly dividend of $0.47. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.0%. Molson Coors Beverage’s payout ratio is currently -17.60%.

Institutional Trading of Molson Coors Beverage

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Caxton Associates LLP bought a new position in Molson Coors Beverage in the 1st quarter valued at $202,000. United Services Automobile Association bought a new stake in Molson Coors Beverage during the first quarter valued at $215,000. Woodline Partners LP boosted its stake in Molson Coors Beverage by 38.7% during the first quarter. Woodline Partners LP now owns 14,546 shares of the company’s stock valued at $885,000 after buying an additional 4,056 shares during the period. Geneos Wealth Management Inc. increased its stake in Molson Coors Beverage by 32.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock worth $49,000 after acquiring an additional 198 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in Molson Coors Beverage by 68.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,252 shares of the company’s stock worth $301,000 after acquiring an additional 2,546 shares during the last quarter. Institutional investors own 78.46% of the company’s stock.

Key Molson Coors Beverage News

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

• Positive Sentiment: Q4 EPS topped consensus ($1.21 vs. $1.17), giving the quarter a faint upside despite weaker top‑line performance. Molson Coors Q4 Earnings Beat Estimates, 2026 View Soft
• Positive Sentiment: The board raised the quarterly dividend to $0.48 (a ~2.1% increase), supporting income investors and yielding roughly 3.9%. (Ex‑dividend March 6.)
• Neutral Sentiment: Analysts trimmed price targets (Needham and Wells Fargo cut targets to $52) but Needham kept a “buy” rating and the revised targets still imply upside from current levels. Benzinga
• Neutral Sentiment: Management presented at the Consumer Analyst Group of New York conference — useful for detail on strategy and cost actions but not a catalyst on its own. CAGNY Presentation
• Negative Sentiment: FY‑2026 guidance came in well below Street expectations: EPS guidance of roughly 4.61–4.82 vs. consensus near 5.42, and revenue guidance slightly under consensus — signaling flat sales and double‑digit profit declines next year. Press Release / Guidance
• Negative Sentiment: Company warned that higher aluminum costs (tariffs/inputs) and softer, price‑sensitive consumer demand will meaningfully pressure 2026 profits — a key driver of the negative market reaction. Molson Coors forecasts sharp drop in 2026 profit as aluminum costs bite

Molson Coors Beverage Company Profile

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.