Boston Beer (SAM) to Release Earnings on Thursday

Boston Beer (NYSE:SAM) is expected to be issuing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect Boston Beer to announce earnings of $4.83 per share and revenue of $567.5920 million for the quarter. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Interested persons can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

Boston Beer (NYSE:SAM) last announced its earnings results on Thursday, April 30th. The company reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.96 by ($0.32). Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. The firm had revenue of $433.93 million during the quarter, compared to analyst estimates of $436.06 million. During the same quarter last year, the business earned $2.16 earnings per share. Boston Beer’s revenue was down 4.4% on a year-over-year basis. On average, analysts expect Boston Beer to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Boston Beer Trading Down 5.1%

NYSE SAM opened at $171.38 on Wednesday. The firm’s fifty day simple moving average is $177.62 and its two-hundred day simple moving average is $209.80. Boston Beer has a 12-month low of $158.68 and a 12-month high of $264.46. The firm has a market capitalization of $1.78 billion, a P/E ratio of -27.20, a P/E/G ratio of 3.39 and a beta of 0.78.

Institutional Investors Weigh In On Boston Beer

A number of large investors have recently bought and sold shares of SAM. Virtu Financial LLC acquired a new position in Boston Beer in the 4th quarter worth approximately $390,000. Invesco Ltd. lifted its stake in Boston Beer by 1.9% during the 4th quarter. Invesco Ltd. now owns 117,112 shares of the company’s stock valued at $22,852,000 after acquiring an additional 2,223 shares during the period. Corient Private Wealth LLC lifted its stake in Boston Beer by 1,191.4% during the 4th quarter. Corient Private Wealth LLC now owns 26,978 shares of the company’s stock valued at $5,264,000 after acquiring an additional 24,889 shares during the period. Vident Advisory LLC boosted its holdings in shares of Boston Beer by 5.2% in the 4th quarter. Vident Advisory LLC now owns 3,076 shares of the company’s stock valued at $600,000 after acquiring an additional 153 shares during the last quarter. Finally, State of Tennessee Department of Treasury boosted its holdings 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 valued at $661,000 after acquiring an additional 2,475 shares during the last quarter. Hedge funds and other institutional investors own 81.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SAM. Morgan Stanley lowered their price objective on Boston Beer from $235.00 to $220.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Roth Capital set a $315.00 target price on Boston Beer in a research report on Friday, May 1st. Jefferies Financial Group set a $230.00 price target on Boston Beer in a research note on Friday, May 1st. UBS Group lowered their price target on Boston Beer from $245.00 to $190.00 and set a “neutral” rating for the company in a report on Thursday, July 16th. Finally, Weiss Ratings lowered Boston Beer from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $224.00.

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.