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

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

Analysts Set New Price Targets

SAM has been the subject of several recent research reports. Citigroup reduced their price target on Boston Beer from $250.00 to $220.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $245.00 target price on shares of Boston Beer in a report on Friday. Piper Sandler decreased their target price on shares of Boston Beer from $230.00 to $220.00 and set a “neutral” rating for the company in a research note on Friday, November 21st. UBS Group restated a “neutral” rating on shares of Boston Beer in a research report on Monday. Finally, Weiss Ratings upgraded shares of Boston Beer from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $244.19.

Boston Beer Stock Up 1.6%

Shares of Boston Beer stock traded up $3.53 during trading hours on Tuesday, reaching $227.69. 190,566 shares of the company’s stock were exchanged, compared to its average volume of 166,016. The business has a fifty day moving average of $216.07 and a two-hundred day moving average of $213.81. The company has a market capitalization of $2.43 billion, a P/E ratio of 26.85, a price-to-earnings-growth ratio of 1.71 and a beta of 1.03. Boston Beer has a 1 year low of $185.34 and a 1 year high of $260.00.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC raised its holdings in shares of Boston Beer by 340.4% in the 3rd quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock valued at $136,801,000 after buying an additional 500,120 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of 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 during the period. Dimensional Fund Advisors LP grew its holdings in shares of Boston Beer by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 265,779 shares of the company’s stock valued at $56,191,000 after purchasing an additional 3,336 shares in the last quarter. Invesco Ltd. increased its stake in Boston Beer by 1.9% during the 4th quarter. Invesco Ltd. now owns 117,112 shares of the company’s stock worth $22,852,000 after buying an additional 2,223 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in Boston Beer by 278.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 112,507 shares of the company’s stock worth $21,467,000 after buying an additional 82,742 shares in the last quarter. 81.13% of the stock is currently owned by hedge funds and other institutional investors.

About Boston Beer

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.