Boston Beer (SAM) Stock Forecast, Price Target & Predictions


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SAM Stock Forecast


Boston Beer stock forecast is as follows: an average price target of $344.00 (represents a 14.24% upside from SAM’s last price of $301.11) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.

SAM Price Target


The average price target for Boston Beer (SAM) is $344.00 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $389.00 to $318.00. This represents a potential 14.24% upside from SAM's last price of $301.11.

SAM Analyst Ratings


Hold

According to 13 Wall Street analysts, Boston Beer's rating consensus is 'Hold'. The analyst rating breakdown for SAM stock is 0 'Strong Buy' (0.00%), 5 'Buy' (38.46%), 7 'Hold' (53.85%), 1 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).

Boston Beer Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 26, 2024William KirkRoth Capital$389.00$270.5243.80%29.19%
Jul 26, 2024Nik ModiRBC Capital$318.00$287.0210.79%5.61%
Jul 26, 2024Michael LaveryPiper Sandler$325.00$270.5220.14%7.93%
Jul 12, 2024Michael LaveryPiper Sandler$344.00$288.1319.39%14.24%
Jun 05, 2024Eric SerottaMorgan Stanley$290.00$298.41-2.82%-3.69%
May 14, 2024Kaumil GajrawalaJefferies$360.00$283.8226.84%19.56%
Apr 29, 2024Steve PowersDeutsche Bank$273.00$285.00-4.21%-9.34%
Apr 18, 2024Eric SerottaEvercore ISI$310.00$283.969.17%2.95%
Apr 15, 2024Steve PowersDeutsche Bank$264.00$285.65-7.58%-12.32%
Mar 21, 2024Michael LaveryPiper Sandler$350.00$293.9219.08%16.24%
Jan 16, 2024Nadine SarwatBernstein$335.00$358.83-6.64%11.26%
Jul 21, 2023Gerald PascarelliWedbush$325.00$303.177.20%7.93%
Jan 04, 2023Kevin GrundyJefferies$275.00$322.63-14.76%-8.67%
Dec 06, 2022Deutsche Bank$316.00$379.70-16.78%4.95%
Oct 17, 2022Kaumil GajrawalaCredit Suisse$405.00$355.5213.92%34.50%
Jul 22, 2022Credit Suisse$385.00$336.1814.52%27.86%
Jul 11, 2022Credit Suisse$400.00$317.4126.02%32.84%
Jul 07, 2022Nik ModiRBC Capital$331.00$306.238.09%9.93%
Apr 25, 2022Kaumil GajrawalaCredit Suisse$620.00$347.1878.58%105.90%
Apr 24, 2022Wendy NicholsonCitigroup$375.00$350.706.93%24.54%
Apr 22, 2022Cowen & Co.$375.00$347.008.07%24.54%
Apr 22, 2022Deutsche Bank$337.00$345.97-2.59%11.92%
Apr 20, 2022Guggenheim$520.00$365.3142.34%72.69%
Dec 20, 2021Kevin GrundyJefferies$535.00$537.84-0.53%77.68%
Dec 06, 2021Vivien AzerCowen & Co.$500.00$492.261.57%66.05%
Oct 22, 2021Bonnie HerzogGoldman Sachs$450.00$525.64-14.39%49.45%
Sep 13, 2021Filippo FalorniMorgan Stanley$800.00$543.7147.14%165.68%
May 24, 2021Trevor StirlingBernstein$1.34K$1.05K27.33%345.02%

The latest Boston Beer stock forecast, released on Jul 26, 2024 by William Kirk from Roth Capital, set a price target of $389.00, which represents a 43.80% increase from the stock price at the time of the forecast ($270.52), and a 29.19% increase from SAM last price ($301.11).

Boston Beer Price Target by Period


1M3M12M
# Anlaysts--11
Avg Price Target--$323.45
Last Closing Price$301.11$301.11$301.11
Upside/Downside-100.00%-100.00%7.42%

In the current month, the average price target of Boston Beer stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Boston Beer's last price of $301.11. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024RBC CapitalUnderperformUnderperformHold
Oct 23, 2024Roth CapitalSector PerformSector PerformHold
Oct 15, 2024Piper SandlerOverweightOverweightHold
Aug 14, 2024Piper SandlerOverweightOverweightHold
Jul 26, 2024Goldman SachsSellSellHold
Jul 26, 2024RBC CapitalSector PerformSector PerformHold
Jul 17, 2024Deutsche BankHoldHoldHold
Jul 12, 2024Piper SandlerBuyBuyHold
Jul 12, 2024Morgan StanleyUnderperformUnderperformHold
Jul 12, 2024Piper SandlerOverweightOverweightHold
Jun 05, 2024Morgan StanleyUnderperformUnderperformHold
Jun 05, 2024Piper SandlerBuyBuyHold
Jun 04, 2024Morgan StanleyUnderweightEqual-WeightUpgrade
Jun 02, 2024CitigroupNeutralNeutralHold
May 14, 2024Wells FargoOverweightUpgrade
May 14, 2024GuggenheimBuyUpgrade
May 14, 2024UBSSector PerformSector PerformHold
May 14, 2024JefferiesPositiveBuyUpgrade
May 08, 2024Deutsche BankSellCautiousUpgrade
Apr 18, 2024Evercore ISICautiousCautiousHold
Apr 15, 2024Deutsche BankSellSellHold
Mar 22, 2024UBSSector PerformSector PerformHold
Mar 22, 2024RBC CapitalUnderperformUnderperformHold
Feb 29, 2024UBSSector PerformSector PerformHold
Feb 29, 2024RBC CapitalUnderperformUnderperformHold
Oct 30, 2023Morgan StanleyUnderweightUnderweightHold
Sep 08, 2023WedbushNeutralNeutralHold
Jul 28, 2023CFRAHoldHoldHold
Jul 21, 2023WedbushNeutralNeutralHold
Jan 04, 2023JefferiesUnderperformPositiveDowngrade
Jan 04, 2023JefferiesHoldUnderperformDowngrade
Oct 17, 2022Credit SuisseOutperformOutperformHold
Jul 22, 2022JefferiesHoldHoldHold
Jul 11, 2022Credit SuisseOutperformOutperformHold
Jun 28, 2022Goldman SachsNegativeDowngrade
Jun 22, 2022UBSNeutralDowngrade
Jun 22, 2022BernsteinMarket PerformDowngrade
Apr 25, 2022Credit SuissePositivePositiveHold
Oct 15, 2020Deutsche BankHoldHoldHold

Boston Beer's last stock rating was published by RBC Capital on Oct 23, 2024. The company gave SAM a "Underperform" rating, the same as its previous rate.

Boston Beer Financial Forecast


Boston Beer Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$601.60M$641.33M$410.00M$447.52M$596.45M$616.24M$430.11M$348.09M$561.64M$602.80M$545.08M$460.94M$492.79M
Avg Forecast$424.99M$663.36M$645.66M$457.65M$415.09M$645.87M$623.86M$448.55M$401.15M$620.76M$600.20M$432.32M$392.38M$601.06M$597.33M$412.53M$413.57M$594.44M$590.03M$412.44M$392.80M$571.89M$613.28M$444.80M$365.57M$531.45M$657.65M$477.26M$453.25M$519.49M
High Forecast$434.16M$677.67M$659.59M$467.52M$424.04M$659.81M$637.33M$458.23M$409.80M$634.16M$613.15M$441.39M$398.83M$604.07M$597.33M$412.53M$418.25M$594.88M$602.77M$421.34M$401.27M$571.89M$613.28M$444.80M$365.57M$531.45M$657.65M$477.26M$453.25M$519.49M
Low Forecast$415.73M$648.90M$631.58M$447.67M$406.04M$631.79M$610.27M$438.77M$392.41M$607.24M$587.12M$426.43M$383.03M$598.05M$597.33M$412.53M$407.64M$594.00M$577.18M$403.45M$384.24M$571.89M$613.28M$444.80M$365.57M$531.45M$657.65M$477.26M$453.25M$519.49M
# Analysts5555333322267355633323333333128
Surprise %-----------------1.01%1.09%0.99%1.14%1.04%1.00%0.97%0.95%1.06%0.92%1.14%1.02%0.95%

Boston Beer's average Quarter revenue forecast for Dec 23 based on 6 analysts is $413.57M, with a low forecast of $407.64M, and a high forecast of $418.25M. SAM's average Quarter revenue forecast represents a -31.26% decrease compared to the company's last Quarter revenue of $601.60M (Sep 23).

Boston Beer EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5555333322267355633323333333128
EBITDA-----------------$121.16M$78.37M$8.94M$-13.75M$115.78M$92.98M$22.17M$-76.21M$-8.06M$98.30M$94.05M$45.47M$119.02M
Avg Forecast$51.63M$80.60M$78.44M$55.60M$50.43M$78.47M$75.80M$54.50M$48.74M$75.42M$72.92M$52.52M$47.67M$73.03M$72.57M$33.48M$50.25M$72.22M$71.69M$30.44M$-124.97M$74.73M$80.14M$32.55M$47.77M$69.45M$85.94M$90.88M$59.23M$67.88M
High Forecast$52.75M$82.33M$80.14M$56.80M$51.52M$80.16M$77.43M$55.67M$49.79M$77.05M$74.50M$53.63M$48.46M$73.39M$72.57M$40.18M$50.82M$72.28M$73.23M$36.53M$-99.97M$74.73M$80.14M$39.07M$47.77M$69.45M$85.94M$109.05M$59.23M$67.88M
Low Forecast$50.51M$78.84M$76.73M$54.39M$49.33M$76.76M$74.14M$53.31M$47.68M$73.78M$71.33M$51.81M$46.54M$72.66M$72.57M$26.79M$49.53M$72.17M$70.12M$24.35M$-149.96M$74.73M$80.14M$26.04M$47.77M$69.45M$85.94M$72.70M$59.23M$67.88M
Surprise %-----------------1.68%1.09%0.29%0.11%1.55%1.16%0.68%-1.60%-0.12%1.14%1.03%0.77%1.75%

6 analysts predict SAM's average Quarter EBITDA for Dec 23 to be $50.25M, with a high of $50.82M and a low of $49.53M. This is -58.53% lower than Boston Beer's previous annual EBITDA (Sep 23) of $121.16M.

Boston Beer Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5555333322267355633323333333128
Net Income-----------------$45.30M$58.03M$-8.96M$-11.42M$27.29M$53.35M$-1.96M$-51.79M$-58.42M$59.20M$65.56M$32.82M$80.77M
Avg Forecast----$-12.22M$82.15M$70.91M$20.74M$-9.85M$70.85M$61.19M$15.27M$-14.39M$58.42M$58.40M$-3.77M$-3.41M$47.61M$39.48M$-3.42M$-119.54M$34.34M$50.60M$-3.66M$-46.27M$52.19M$80.07M$63.69M$31.98M$55.43M
High Forecast----$-11.88M$84.46M$72.90M$21.32M$-9.57M$72.84M$62.90M$19.59M$1.94M$58.86M$58.40M$-3.01M$9.46M$47.63M$40.59M$-2.74M$-95.63M$34.34M$50.60M$-2.93M$-46.27M$52.19M$80.07M$76.42M$31.98M$55.43M
Low Forecast----$-12.56M$79.82M$68.90M$20.15M$-10.13M$68.84M$59.45M$10.61M$-19.10M$57.97M$58.40M$-4.52M$-8.22M$47.59M$38.36M$-4.11M$-143.44M$34.34M$50.60M$-4.39M$-46.27M$52.19M$80.07M$50.95M$31.98M$55.43M
Surprise %-----------------0.95%1.47%2.62%0.10%0.79%1.05%0.53%1.12%-1.12%0.74%1.03%1.03%1.46%

Boston Beer's average Quarter net income forecast for Dec 23 is $-3.41M, with a range of $-8.22M to $9.46M. SAM's average Quarter net income forecast represents a -107.54% decrease compared to the company's last Quarter net income of $45.30M (Sep 23).

Boston Beer SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5555333322267355633323333333128
SG&A-----------------$194.82M$194.26M$169.12M$180.79M$191.10M$193.73M$170.31M$174.35M$198.88M$194.58M$172.81M$172.47M$138.36M
Avg Forecast$150.98M$235.66M$229.37M$162.58M$147.46M$229.45M$221.63M$159.35M$142.51M$220.53M$213.22M$153.58M$139.39M$213.53M$212.20M$328.10M$146.92M$211.18M$209.61M$298.28M$139.54M$203.17M$217.87M$319.01M$129.87M$188.80M$233.63M$167.85M$161.02M$184.55M
High Forecast$154.24M$240.75M$234.32M$166.09M$150.64M$234.40M$226.41M$162.79M$145.58M$225.29M$217.82M$156.81M$141.69M$214.60M$212.20M$393.73M$148.58M$211.33M$214.13M$357.93M$142.55M$203.17M$217.87M$382.82M$129.87M$188.80M$233.63M$201.42M$161.02M$184.55M
Low Forecast$147.69M$230.52M$224.37M$159.04M$144.25M$224.45M$216.80M$155.88M$139.40M$215.72M$208.58M$151.49M$136.07M$212.46M$212.20M$262.48M$144.82M$211.02M$205.04M$238.62M$136.50M$203.17M$217.87M$255.21M$129.87M$188.80M$233.63M$134.28M$161.02M$184.55M
Surprise %-----------------0.92%0.93%0.57%1.30%0.94%0.89%0.53%1.34%1.05%0.83%1.03%1.07%0.75%

Boston Beer's average Quarter SG&A projection for Dec 23 is $146.92M, based on 6 Wall Street analysts, with a range of $144.82M to $148.58M. The forecast indicates a -24.59% fall compared to SAM last annual SG&A of $194.82M (Sep 23).

Boston Beer EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5555333322267355633323333333128
EPS-----------------$3.70$4.73$-0.73$-0.93$2.21$4.33$-0.16$-4.22$-4.76$4.82$5.34$2.68$6.61
Avg Forecast----$-1.05$7.03$6.07$1.78$-0.84$6.07$5.24$1.31$-1.23$5.00$5.00$-0.03$-0.29$4.08$3.38$-0.29$0.60$2.89$4.25$2.04$-3.89$4.39$6.73$2.64$2.69$4.66
High Forecast----$-1.02$7.23$6.24$1.83$-0.82$6.24$5.38$1.68$0.17$5.04$5.00$-0.03$0.81$4.08$3.47$-0.28$0.61$2.89$4.25$2.04$-3.89$4.39$6.73$2.64$2.69$4.66
Low Forecast----$-1.08$6.83$5.90$1.73$-0.87$5.89$5.09$0.91$-1.63$4.96$5.00$-0.03$-0.70$4.07$3.28$-0.29$0.58$2.89$4.25$2.04$-3.89$4.39$6.73$2.64$2.69$4.66
Surprise %-----------------0.91%1.40%2.55%-1.56%0.77%1.02%-0.08%1.09%-1.09%0.72%2.02%1.00%1.42%

According to 6 Wall Street analysts, Boston Beer's projected average Quarter EPS for Dec 23 is $-0.29, with a low estimate of $-0.70 and a high estimate of $0.81. This represents a -107.90% decrease compared to SAM previous annual EPS of $3.70 (Sep 23).

Boston Beer Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FMXFomento Económico Mexicano$87.28$141.5062.12%Buy
BUDAnheuser-Busch InBev SA/NV$50.37$73.0044.93%Buy
SAMBoston Beer$301.11$344.0014.24%Hold
ABEVAmbev$1.87$2.1012.30%Buy
TAPMolson Coors Beverage$57.82$60.254.20%Hold

SAM Forecast FAQ


Is Boston Beer a good buy?

No, according to 13 Wall Street analysts, Boston Beer (SAM) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 38.46% of SAM's total ratings.

What is SAM's price target?

Boston Beer (SAM) average price target is $344 with a range of $318 to $389, implying a 14.24% from its last price of $301.11. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Boston Beer stock go up soon?

According to Wall Street analysts' prediction for SAM stock, the company can go up by 14.24% (from the last price of $301.11 to the average price target of $344), up by 29.19% based on the highest stock price target, and up by 5.61% based on the lowest stock price target.

Can Boston Beer stock reach $500?

SAM's average twelve months analyst stock price target of $344 does not support the claim that Boston Beer can reach $500 in the near future.

What are Boston Beer's analysts' financial forecasts?

Boston Beer's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.13B (high $2.18B, low $2.09B), average EBITDA is $259.2M (high $264.79M, low $253.55M), average net income is $161.58M (high $166.8M, low $156.31M), average SG&A $757.89M (high $774.24M, low $741.37M), and average EPS is $13.83 (high $14.28, low $13.38). SAM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.19B (high $2.24B, low $2.14B), average EBITDA is $266.28M (high $272.02M, low $260.47M), average net income is $0 (high $0, low $0), average SG&A $778.59M (high $795.39M, low $761.62M), and average EPS is $0 (high $0, low $0).

Did the SAM's actual financial results beat the analysts' financial forecasts?

Based on Boston Beer's last annual report (Dec 2023), the company's revenue was $2.13B, beating the average analysts forecast of $2.01B by 6.11%. Apple's EBITDA was $100M, missing the average prediction of $224.59M by -55.47%. The company's net income was $76.25M, missing the average estimation of $80.26M by -4.99%. Apple's SG&A was $730.55M, missing the average forecast of $865.99M by -15.64%. Lastly, the company's EPS was $6.22, missing the average prediction of $6.88 by -9.55%. In terms of the last quarterly report (Sep 2023), Boston Beer's revenue was $601.6M, beating the average analysts' forecast of $594.44M by 1.20%. The company's EBITDA was $121.16M, beating the average prediction of $72.22M by 67.75%. Boston Beer's net income was $45.3M, missing the average estimation of $47.61M by -4.87%. The company's SG&A was $194.82M, missing the average forecast of $211.18M by -7.75%. Lastly, the company's EPS was $3.7, missing the average prediction of $4.08 by -9.22%