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


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SAM Stock Forecast


Boston Beer Company stock forecast is as follows: an average price target of $360.71 (represents a 15.69% upside from SAM’s last price of $311.80) 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 Company (SAM) is $360.71 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $520.00 to $273.00. This represents a potential 15.69% upside from SAM's last price of $311.80.

SAM Analyst Ratings


Hold

According to 13 Wall Street analysts, Boston Beer Company'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 Company 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%24.76%
Jul 26, 2024Nik ModiRBC Capital$318.00$287.0210.79%1.99%
Jul 26, 2024Michael LaveryPiper Sandler$325.00$270.5220.14%4.23%
Jul 12, 2024Michael LaveryPiper Sandler$344.00$288.1319.39%10.33%
Jun 05, 2024Eric SerottaMorgan Stanley$290.00$298.41-2.82%-6.99%
May 14, 2024Kaumil GajrawalaJefferies$360.00$283.8226.84%15.46%
Apr 29, 2024Steve PowersDeutsche Bank$273.00$285.00-4.21%-12.44%
Apr 18, 2024Eric SerottaEvercore ISI$310.00$283.969.17%-0.58%
Apr 15, 2024Steve PowersDeutsche Bank$264.00$285.65-7.58%-15.33%
Mar 21, 2024Michael LaveryPiper Sandler$350.00$293.9219.08%12.25%
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The latest Boston Beer Company 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 24.76% increase from SAM last price ($311.80).

Boston Beer Company Price Target by Period


1M3M12M
# Anlaysts--11
Avg Price Target--$323.45
Last Closing Price$311.80$311.80$311.80
Upside/Downside-100.00%-100.00%3.74%

In the current month, the average price target of Boston Beer Company 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 Company's last price of $311.80. 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
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Boston Beer Company'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 Company Financial Forecast


Boston Beer Company Revenue Forecast

Dec 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 20Jun 20Mar 20Dec 19Sep 19
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$452.14M$330.56M$301.30M$378.47M
Avg Forecast$415.09M$645.87M$623.89M$448.55M$402.07M$621.98M$599.42M$433.76M$392.42M$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$426.19M$347.68M$283.82M$368.67M
High Forecast$423.18M$658.46M$636.05M$457.29M$409.90M$634.10M$611.10M$442.87M$398.88M$604.07M$597.33M$412.53M$418.25M$594.88M$601.54M$420.48M$400.45M$571.89M$613.28M$444.80M$365.57M$531.45M$657.65M$477.26M$453.25M$519.49M$426.19M$347.68M$283.82M$368.67M
Low Forecast$406.56M$632.60M$611.07M$439.33M$393.81M$609.20M$587.10M$427.85M$383.07M$598.05M$597.33M$412.53M$407.64M$594.00M$577.91M$403.97M$384.73M$571.89M$613.28M$444.80M$365.57M$531.45M$657.65M$477.26M$453.25M$519.49M$426.19M$347.68M$283.82M$368.67M
# Analysts22221115655563332333333312888117
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%1.06%0.95%1.06%1.03%

Boston Beer Company'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 Company EBITDA Forecast

Dec 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts22221115655563332333333312888117
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$80.44M$40.52M$19.04M$75.59M
Avg Forecast$50.43M$78.47M$75.80M$54.50M$48.85M$75.57M$72.83M$52.70M$47.68M$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$55.69M$43.92M$37.09M$48.18M
High Forecast$51.41M$80.00M$77.28M$55.56M$49.80M$77.04M$74.25M$53.81M$48.46M$73.39M$72.57M$40.18M$50.82M$72.28M$73.08M$36.53M$-99.97M$74.73M$80.14M$39.07M$47.77M$69.45M$85.94M$109.05M$59.23M$67.88M$55.69M$52.71M$37.09M$48.18M
Low Forecast$49.40M$76.86M$74.24M$53.38M$47.85M$74.02M$71.33M$51.98M$46.54M$72.66M$72.57M$26.79M$49.53M$72.17M$70.21M$24.35M$-149.96M$74.73M$80.14M$26.04M$47.77M$69.45M$85.94M$72.70M$59.23M$67.88M$55.69M$35.14M$37.09M$48.18M
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%1.44%0.92%0.51%1.57%

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 Company's previous annual EBITDA (Sep 23) of $121.16M.

Boston Beer Company Net Income Forecast

Dec 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts22221115655563332333333312888117
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$60.14M$18.23M$13.76M$44.73M
Avg Forecast$-12.22M$82.15M$70.91M$20.74M$-9.80M$70.78M$60.84M$15.60M$-14.51M$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$28.26M$21.54M$17.66M$34.53M
High Forecast$-11.90M$84.23M$72.71M$21.27M$-9.54M$72.57M$62.38M$20.01M$1.95M$58.86M$58.40M$-3.01M$9.46M$47.63M$40.48M$-2.74M$-95.63M$34.34M$50.60M$-2.93M$-46.27M$52.19M$80.07M$76.42M$31.98M$55.43M$28.26M$25.85M$17.66M$34.53M
Low Forecast$-12.53M$79.96M$69.02M$20.19M$-10.05M$68.89M$59.22M$10.84M$-19.25M$57.97M$58.40M$-4.52M$-8.22M$47.59M$38.43M$-4.11M$-143.44M$34.34M$50.60M$-4.39M$-46.27M$52.19M$80.07M$50.95M$31.98M$55.43M$28.26M$17.23M$17.66M$34.53M
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%2.13%0.85%0.78%1.30%

Boston Beer Company'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 Company SG&A Forecast

Dec 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts22221115655563332333333312888117
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$130.02M$124.92M$124.42M$128.00M
Avg Forecast$147.46M$229.45M$221.64M$159.35M$142.84M$220.96M$212.95M$154.09M$139.41M$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$151.41M$147.57M$100.83M$130.97M
High Forecast$150.33M$233.92M$225.96M$162.45M$145.62M$225.27M$217.10M$157.33M$141.70M$214.60M$212.20M$393.73M$148.58M$211.33M$213.70M$357.93M$142.26M$203.17M$217.87M$382.82M$129.87M$188.80M$233.63M$201.42M$161.02M$184.55M$151.41M$177.08M$100.83M$130.97M
Low Forecast$144.43M$224.73M$217.09M$156.07M$139.90M$216.42M$208.57M$152.00M$136.09M$212.46M$212.20M$262.48M$144.82M$211.02M$205.30M$238.62M$136.67M$203.17M$217.87M$255.21M$129.87M$188.80M$233.63M$134.28M$161.02M$184.55M$151.41M$118.06M$100.83M$130.97M
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%0.86%0.85%1.23%0.98%

Boston Beer Company'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 Company EPS Forecast

Dec 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts22221115655563332333333312888117
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$4.93$1.50$1.13$3.70
Avg Forecast$-1.05$7.03$6.07$1.78$-0.84$6.06$5.21$1.34$-1.24$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$2.38$1.97$1.48$2.90
High Forecast$-1.02$7.21$6.22$1.82$-0.82$6.21$5.34$1.71$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$2.38$1.97$1.48$2.90
Low Forecast$-1.07$6.84$5.91$1.73$-0.86$5.90$5.07$0.93$-1.65$4.96$5.00$-0.03$-0.70$4.07$3.29$-0.29$0.58$2.89$4.25$2.04$-3.89$4.39$6.73$2.64$2.69$4.66$2.38$1.97$1.48$2.90
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%2.08%0.76%0.76%1.28%

According to 6 Wall Street analysts, Boston Beer Company'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 Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FMXFomento Económico Mexicano$89.30$147.0064.61%Buy
BUDAnheuser-Busch InBev SA/NV$56.06$71.3327.24%Buy
SAMBoston Beer Company$311.80$360.7115.69%Hold
TAPMolson Coors Beverage Company$60.80$62.452.71%Hold
ABEVAmbev$2.18$2.10-3.67%Buy

SAM Forecast FAQ


Is Boston Beer Company a good buy?

No, according to 13 Wall Street analysts, Boston Beer Company (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 Company (SAM) average price target is $360.71 with a range of $273 to $520, implying a 15.69% from its last price of $311.8. 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 Company stock go up soon?

According to Wall Street analysts' prediction for SAM stock, the company can go up by 15.69% (from the last price of $311.8 to the average price target of $360.71), up by 66.77% based on the highest stock price target, and down by -12.44% based on the lowest stock price target.

Can Boston Beer Company stock reach $500?

SAM's highest twelve months analyst stock price target of $520 supports the claim that Boston Beer Company can reach $500 in the near future.

What are Boston Beer Company's analysts' financial forecasts?

Boston Beer Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.06B (high $2.1B, low $2.02B), average EBITDA is $249.94M (high $254.9M, low $245.17M), average net income is $137.42M (high $145.43M, low $128.9M), average SG&A $730.84M (high $745.31M, low $716.89M), and average EPS is $11.76 (high $12.45, low $11.03). SAM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.13B (high $2.17B, low $2.09B), average EBITDA is $259.2M (high $264.25M, low $253.87M), average net income is $161.58M (high $166.31M, low $156.63M), average SG&A $757.89M (high $772.67M, low $742.32M), and average EPS is $13.83 (high $14.24, low $13.41).

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

Based on Boston Beer Company'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 Company'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 Company'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%