Molson Coors Beverage (NYSE:TAP) Stock Rating Lowered by JPMorgan Chase & Co.

Posted by Stanley Muller on Nov 9th, 2026

Molson Coors Beverage (NYSE:TAP – Get Free Report) was downgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research report issued on Monday, FinViz reports. They presently have a $37.00 price objective on the stock, down from their previous price objective of $41.00. JPMorgan Chase & Co.‘s price target points to a potential downside of 8.10% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Piper Sandler dropped their target price on shares of Molson Coors Beverage from $44.00 to $43.00 and set a “neutral” rating for the company in a report on Friday. Citigroup decreased their price target on shares of Molson Coors Beverage from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 14th. UBS Group boosted their price target on shares of Molson Coors Beverage from $40.00 to $45.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Zacks Research cut shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a research note on Monday, October 19th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Molson Coors Beverage in a research note on Monday, September 21st. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $42.41.

Get Our Latest Stock Report on TAP

Molson Coors Beverage Stock Down 0.2%

Shares of TAP opened at $40.26 on Monday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.60 and a current ratio of 0.86. Molson Coors Beverage has a one year low of $35.52 and a one year high of $54.82. The stock has a market capitalization of $8.44 billion, a price-to-earnings ratio of 8.57 and a beta of 0.45. The stock has a 50 day moving average price of $38.95 and a 200 day moving average price of $42.31.

Molson Coors Beverage (NYSE:TAP – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.02. The company had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.94 billion. Molson Coors Beverage had a return on equity of 8.92% and a net margin of 6.95%. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.67 EPS. Equities research analysts forecast that Molson Coors Beverage will post 4.48 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Molson Coors Beverage

Hedge funds have recently modified their holdings of the company. Jacobi Capital Management LLC purchased a new position in Molson Coors Beverage during the third quarter worth about $25,000. SBI Securities Co. Ltd. boosted its holdings in Molson Coors Beverage by 84.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 992 shares of the company’s stock valued at $36,000 after purchasing an additional 455 shares during the last quarter. CX Institutional grew its stake in shares of Molson Coors Beverage by 496.8% in the 2nd quarter. CX Institutional now owns 1,325 shares of the company’s stock valued at $52,000 after buying an additional 1,103 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Molson Coors Beverage by 39.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,540 shares of the company’s stock valued at $66,000 after buying an additional 436 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in shares of Molson Coors Beverage during the 3rd quarter worth approximately $86,000. Hedge funds and other institutional investors own 78.46% of the company’s stock.

More Molson Coors Beverage News

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

Positive Sentiment: Needham & Company maintained a “buy” rating, despite lowering its price target from $50 to $46. The revised target still implies potential upside from the reference price. Needham analyst recommendations
Neutral Sentiment: Piper Sandler cut its target from $44 to $43 and kept a “neutral” rating, signaling limited conviction in a near-term recovery. Piper Sandler analyst recommendations
Negative Sentiment: Wells Fargo downgraded TAP from “equal weight” to “underweight” and lowered its target to $36 from $38, citing sales pressure and greater inflation risks extending into 2027. Wells Fargo analyst recommendations Wells Fargo sales and inflation outlook
Negative Sentiment: Third-quarter revenue was about $2.93 billion, below estimates and down 1.6% year over year. EPS of $1.46 was lower than the $1.67 reported a year earlier and narrowly missed some estimates, though it topped other consensus figures. Weak demand and cost inflation are squeezing results. Q3 earnings and cost inflation
Negative Sentiment: Molson Coors cut its 2026 sales and earnings outlook and expects soft beer demand to persist, raising concerns about continued revenue and profit pressure. Molson Coors cuts outlook