Boston Beer (NYSE:SAM) Price Target Lowered to $250.00 at Citigroup

Posted by Francis Steltz on May 4th, 2026

Boston Beer (NYSE:SAM – Get Free Report) had its target price cut by Citigroup from $270.00 to $250.00 in a report released on Monday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price objective suggests a potential upside of 18.15% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. Morgan Stanley lowered their price objective on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $233.00 price objective on shares of Boston Beer in a research note on Friday. Zacks Research raised Boston Beer from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 23rd. UBS Group lowered their price target on shares of Boston Beer from $250.00 to $245.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Evercore set a $240.00 price objective on shares of Boston Beer in a report on Friday. Ten analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $238.82.

Read Our Latest Stock Report on SAM

Boston Beer Price Performance

Shares of Boston Beer stock traded down $2.70 during midday trading on Monday, hitting $211.60. The company had a trading volume of 117,808 shares, compared to its average volume of 187,557. The business’s 50 day simple moving average is $235.05 and its two-hundred day simple moving average is $218.98. The stock has a market cap of $2.21 billion, a PE ratio of -33.59, a P/E/G ratio of 2.07 and a beta of 0.88. Boston Beer has a 1-year low of $185.34 and a 1-year high of $264.46.

Boston Beer (NYSE:SAM – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.96 by ($0.32). The company had revenue of $433.93 million during the quarter, compared to analyst estimates of $436.06 million. Boston Beer had a positive return on equity of 12.08% and a negative net margin of 2.96%.The company’s revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.16 EPS. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. On average, sell-side analysts expect that Boston Beer will post 9.95 EPS for the current fiscal year.

Institutional Trading of Boston Beer

Several institutional investors have recently made changes to their positions in SAM. Quent Capital LLC bought a new position in shares of Boston Beer during the third quarter valued at $27,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Boston Beer by 137.3% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 159 shares of the company’s stock valued at $34,000 after acquiring an additional 92 shares during the period. Ascentis Independent Advisors bought a new position in shares of Boston Beer during the first quarter valued at $37,000. Flagship Harbor Advisors LLC bought a new position in shares of Boston Beer during the fourth quarter valued at $35,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Boston Beer by 154.9% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock valued at $49,000 after acquiring an additional 141 shares during the period. 81.13% of the stock is currently owned by institutional investors and hedge funds.

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.