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

Posted by Geri Gentry on Jul 24th, 2026

Boston Beer (NYSE:SAM – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.500-10.500 for the period, compared to the consensus earnings per share estimate of 9.590. The company issued revenue guidance of -.

Boston Beer Stock Down 0.7%

Shares of NYSE SAM opened at $172.70 on Friday. The stock has a market cap of $1.80 billion, a PE ratio of -27.79, a price-to-earnings-growth ratio of 3.27 and a beta of 0.78. Boston Beer has a 52-week low of $158.68 and a 52-week high of $264.46. The business has a 50-day moving average price of $177.50 and a 200 day moving average price of $209.46.

Boston Beer (NYSE:SAM – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $3.65 EPS for the quarter, missing the consensus estimate of $4.83 by ($1.18). Boston Beer had a positive return on equity of 12.08% and a negative net margin of 2.96%.The firm had revenue of $568.34 million for the quarter, compared to analyst estimates of $566.68 million. During the same period last year, the firm earned $5.45 EPS. The company’s quarterly revenue was down 3.3% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Sell-side analysts anticipate that Boston Beer will post 9.51 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on SAM. Roth Capital set a $315.00 target price on shares of Boston Beer in a report on Friday, May 1st. Citigroup lowered their price objective on shares of Boston Beer from $240.00 to $195.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. The Goldman Sachs Group dropped their price objective on shares of Boston Beer from $192.00 to $169.00 and set a “sell” rating on the stock in a research note on Wednesday, July 8th. Zacks Research raised shares of Boston Beer from a “strong sell” rating to a “hold” rating in a report on Thursday, April 23rd. Finally, Evercore set a $240.00 target price on shares of Boston Beer in a research note on Friday, May 1st. Ten investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Boston Beer currently has a consensus rating of “Reduce” and an average target price of $224.00.

Check Out Our Latest Research Report on Boston Beer

Boston Beer News Summary

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

Negative Sentiment: Q2 EPS came in at $3.65, below the consensus estimate, and down from $5.45 a year ago, signaling earnings deterioration. Article: Boston Beer (SAM) Q2 Earnings and Revenues Miss Estimates
Negative Sentiment: Revenue of about $568.3 million was slightly below Wall Street expectations and down 3.3% year over year, reflecting ongoing sales weakness. Article: Boston Beer Company Posts Lower Second-Quarter Profit as Sales Decline
Negative Sentiment: Operating profit and net income both declined, and shipment volume fell 4.5% year over year, indicating margin and demand pressure. Article: Boston Beer Company (SAM) Releases Q2 2026 Earnings: Revenue Miss and Profit Decline
Neutral Sentiment: The company maintained FY 2026 EPS guidance of 8.50 to 10.50, which may help limit downside if management can stabilize performance. Article: Boston Beer Reports Second Quarter Financial Results

Hedge Funds Weigh In On Boston Beer

Institutional investors and hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Boston Beer by 154.9% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock worth $49,000 after purchasing an additional 141 shares during the period. CIBC Private Wealth Group LLC lifted its position in shares of Boston Beer by 4,780.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock worth $52,000 after purchasing an additional 239 shares during the last quarter. Group One Trading LLC acquired a new position in shares of Boston Beer during the fourth quarter valued at about $52,000. US Bancorp DE raised its stake in shares of Boston Beer by 28.2% in the third quarter. US Bancorp DE now owns 386 shares of the company’s stock valued at $82,000 after purchasing an additional 85 shares in the last quarter. Finally, Quarry LP boosted its stake in shares of Boston Beer by 447.9% in the 3rd quarter. Quarry LP now owns 515 shares of the company’s stock valued at $109,000 after purchasing an additional 421 shares in the last quarter. 81.13% of the stock is currently owned by hedge funds and other institutional investors.

About Boston Beer

(Get Free Report)

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.