Molson Coors Beverage (TAP) Stock Forecast, Price Target & Predictions
TAP Stock Forecast
Molson Coors Beverage (TAP) stock forecast, based on 16 Wall Street analysts, predicts a 12-month average price target of $66.50, with a high of $74.00 and a low of $59.00. This represents a 21.02% increase from the last price of $54.95.
TAP Stock Rating
Molson Coors Beverage stock's rating consensus is Hold, based on 16 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (25.00%), 11 Hold (68.75%), 1 Sell (6.25%), and 0 Strong Sell (0.00%).
Hold
TAP Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Molson Coors Beverage | 21.02% |
Sector | Consumer Defensive Stocks | 12.48% |
Industry | Beer Stocks | 37.66% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 9 |
Avg Price Target | - | $74.00 | $64.11 |
Last Closing Price | $54.95 | $54.95 | $54.95 |
Upside/Downside | - | 34.67% | 16.67% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 4 | 3 | 12 | 2 | 1 | 22 |
Dec, 24 | 4 | 3 | 13 | 2 | 1 | 23 |
Nov, 24 | 3 | 4 | 13 | 2 | 1 | 23 |
Oct, 24 | 3 | 4 | 14 | 2 | 1 | 24 |
Sep, 24 | 3 | 4 | 14 | 2 | 1 | 24 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 08, 2024 | Chris Carey | Wells Fargo | $74.00 | $60.03 | 23.27% | 34.67% |
Aug 07, 2024 | Michael Lavery | Piper Sandler | $59.00 | $52.10 | 13.24% | 7.37% |
Jul 19, 2024 | Michael Lavery | Piper Sandler | $57.00 | $53.07 | 7.41% | 3.73% |
Jul 18, 2024 | Lauren Lieberman | Barclays | $47.00 | $53.98 | -12.93% | -14.47% |
Jul 14, 2024 | Trevor Stirling | Bernstein | $61.00 | $51.24 | 19.05% | 11.01% |
Apr 30, 2024 | Robert Ottenstein | Evercore ISI | $68.00 | $57.26 | 18.76% | 23.75% |
Apr 12, 2024 | Lauren Lieberman | Barclays | $67.00 | $67.81 | -1.19% | 21.93% |
Apr 09, 2024 | Bonnie Herzog | Goldman Sachs | $75.00 | $66.63 | 12.56% | 36.49% |
Mar 22, 2024 | Michael Lavery | Piper Sandler | $69.00 | $67.24 | 2.62% | 25.57% |
Jan 06, 2023 | Cowen & Co. | $60.00 | $49.58 | 21.02% | 9.19% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 08, 2024 | Wells Fargo | Overweight | upgrade | |
Oct 18, 2024 | Cowen & Co. | Neutral | Neutral | hold |
Sep 24, 2024 | Piper Sandler | Neutral | Neutral | hold |
Aug 08, 2024 | Barclays | Underweight | Underweight | hold |
Aug 07, 2024 | Jefferies | Hold | Hold | hold |
Aug 07, 2024 | Cowen & Co. | Outperform | Hold | downgrade |
Jul 19, 2024 | Piper Sandler | Neutral | Neutral | hold |
Jul 18, 2024 | Barclays | Equal-Weight | Underweight | downgrade |
Jul 14, 2024 | Bernstein | Market Perform | Market Perform | hold |
May 24, 2024 | Edward Jones | Hold | Hold | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $-4.36 | $4.63 | $-0.86 | $4.39 | - | - | - | - | - |
Avg Forecast | $4.15 | $4.16 | $3.89 | $5.35 | $5.80 | $5.97 | $6.25 | $6.41 | $6.94 |
High Forecast | $4.04 | $4.06 | $3.83 | $5.32 | $5.76 | $5.75 | $5.21 | $5.36 | $6.79 |
Low Forecast | $4.23 | $4.24 | $3.97 | $5.41 | $5.83 | $6.11 | $7.00 | $7.14 | $7.08 |
Surprise % | -205.06% | 11.30% | -122.11% | -17.94% | - | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $9.65B | $10.28B | $10.70B | $11.70B | - | - | - | - | - |
Avg Forecast | $9.78B | $10.20B | $10.73B | $11.69B | $11.59B | $11.54B | $11.59B | $11.68B | $11.55B |
High Forecast | $9.59B | $10.00B | $10.60B | $11.64B | $11.58B | $11.48B | $11.56B | $11.64B | $11.36B |
Low Forecast | $9.92B | $10.35B | $10.90B | $11.70B | $11.61B | $11.59B | $11.63B | $11.72B | $11.73B |
Surprise % | -1.28% | 0.82% | -0.28% | 0.07% | - | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $-945.70M | $1.01B | $-186.50M | $948.90M | - | - | - | - | - |
Avg Forecast | $-1.67B | $963.74M | $964.21M | $948.90M | $1.26B | $1.29B | $1.15B | $1.36B | $1.51B |
High Forecast | $-2.11B | $771.00M | $771.37M | $759.12M | $1.25B | $1.25B | $1.13B | $1.16B | $1.48B |
Low Forecast | $-1.23B | $1.16B | $1.16B | $1.14B | $1.27B | $1.33B | $1.52B | $1.55B | $1.54B |
Surprise % | -43.43% | 4.35% | -119.34% | - | - | - | - | - | - |