Molson Coors Beverage (TAP) Stock Forecast, Price Target & Predictions


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TAP Stock Forecast


Molson Coors Beverage stock forecast is as follows: an average price target of $61.30 (represents a 9.92% upside from TAP’s last price of $55.77) and a rating consensus of 'Hold', based on 15 wall street analysts offering a 1-year stock forecast.

TAP Price Target


The average price target for Molson Coors Beverage (TAP) is $61.30 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $47.00. This represents a potential 9.92% upside from TAP's last price of $55.77.

TAP Analyst Ratings


Hold

According to 15 Wall Street analysts, Molson Coors Beverage's rating consensus is 'Hold'. The analyst rating breakdown for TAP stock is 0 'Strong Buy' (0.00%), 3 'Buy' (20.00%), 11 'Hold' (73.33%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).

Molson Coors Beverage Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 07, 2024Michael LaveryPiper Sandler$59.00$52.1013.24%5.79%
Jul 19, 2024Michael LaveryPiper Sandler$57.00$53.077.41%2.21%
Jul 18, 2024Lauren LiebermanBarclays$47.00$53.98-12.93%-15.73%
Jul 14, 2024Trevor StirlingBernstein$61.00$51.2419.05%9.38%
Apr 30, 2024Robert OttensteinEvercore ISI$68.00$57.2618.76%21.93%
Apr 12, 2024Lauren LiebermanBarclays$67.00$67.81-1.19%20.14%
Apr 09, 2024Bonnie HerzogGoldman Sachs$75.00$66.6312.56%34.48%
Mar 22, 2024Michael LaveryPiper Sandler$69.00$67.242.62%23.72%
Jan 06, 2023-Cowen & Co.$60.00$49.5821.02%7.58%
Dec 06, 2022Steve PowersDeutsche Bank$50.00$54.50-8.26%-10.35%
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The latest Molson Coors Beverage stock forecast, released on Aug 07, 2024 by Michael Lavery from Piper Sandler, set a price target of $59.00, which represents a 13.24% increase from the stock price at the time of the forecast ($52.10), and a 5.79% increase from TAP last price ($55.77).

Molson Coors Beverage Price Target by Period


1M3M12M
# Anlaysts148
Avg Price Target$59.00$56.00$62.88
Last Closing Price$55.77$55.77$55.77
Upside/Downside5.79%0.41%12.75%

In the current month, the average price target of Molson Coors Beverage stock is $59.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 5.79% increase as opposed to Molson Coors Beverage's last price of $55.77. This month's average price target is up 5.36% compared to last quarter, and down -6.17% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2024BarclaysUnderweightUnderweightHold
Aug 07, 2024JefferiesHoldHoldHold
Aug 07, 2024Cowen & Co.OutperformHoldDowngrade
Jul 19, 2024Piper SandlerNeutralNeutralHold
Jul 18, 2024BarclaysEqual-WeightUnderweightDowngrade
Jul 14, 2024BernsteinMarket PerformMarket PerformHold
May 24, 2024Edward JonesHoldHoldHold
Apr 30, 2024Evercore ISIOutperformOutperformHold
Apr 17, 2024Deutsche BankHoldHoldHold
Apr 16, 2024CitigroupNeutralNeutralHold
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Molson Coors Beverage's last stock rating was published by Barclays on Aug 08, 2024. The company gave TAP a "Underweight" rating, the same as its previous rate.

Molson Coors Beverage Financial Forecast


Molson Coors Beverage Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$2.79B$3.30B$3.27B$2.35B$2.63B$2.94B-$2.21B$2.62B$2.82B$2.94B$1.90B$2.29B$2.75B$2.50B$2.10B$2.49B$2.84B
Avg Forecast$2.78B$3.20B$3.26B$2.50B$2.75B$3.18B$3.26B$2.52B$2.76B$3.16B$3.18B$2.50B$2.78B$3.24B$3.29B$2.23B$2.64B$2.89B$2.94B$2.14B$2.55B$2.91B$2.81B$1.90B$2.41B$2.66B$2.45B$2.23B$2.48B$2.87B
High Forecast$2.82B$3.25B$3.31B$2.54B$2.80B$3.23B$3.31B$2.56B$2.80B$3.19B$3.23B$2.54B$2.80B$3.31B$3.34B$2.26B$2.69B$2.93B$2.94B$2.20B$2.62B$2.99B$2.89B$1.95B$2.48B$2.73B$2.52B$2.29B$2.55B$2.94B
Low Forecast$2.74B$3.15B$3.21B$2.46B$2.71B$3.13B$3.21B$2.48B$2.71B$3.10B$3.13B$2.46B$2.74B$3.15B$3.24B$2.19B$2.60B$2.84B$2.94B$2.11B$2.50B$2.86B$2.76B$1.86B$2.37B$2.61B$2.41B$2.19B$2.44B$2.82B
# Analysts5454434358536964375348585510744
Surprise %------------1.00%1.02%0.99%1.05%0.99%1.02%-1.03%1.03%0.97%1.05%1.00%0.95%1.04%1.02%0.94%1.00%0.99%

Molson Coors Beverage's average Quarter revenue forecast for Mar 24 based on 3 analysts is $2.50B, with a low forecast of $2.46B, and a high forecast of $2.54B. TAP's average Quarter revenue forecast represents a -10.38% decrease compared to the company's last Quarter revenue of $2.79B (Dec 23).

Molson Coors Beverage EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts5454434358536964375348585510744
EBITDA------------$165.50M$592.20M$488.50M$327.70M$1.18B$488.60M-$453.40M$227.20M$616.80M$654.60M$265.40M$-1.19B$599.60M$567.50M$27.30M$353.50M$-166.00M
Avg Forecast$660.01M$758.80M$773.29M$594.16M$653.84M$755.29M$772.92M$597.35M$653.96M$749.42M$755.12M$308.07M$660.13M$769.52M$780.46M$280.07M$627.45M$640.54M$697.70M$221.40M$371.20M$582.31M$617.79M$625.02M$-1.50B$302.34M$352.98M$90.37M$291.95M$-101.07M
High Forecast$670.49M$770.85M$785.57M$603.60M$664.23M$767.29M$785.20M$606.84M$664.35M$756.51M$767.12M$369.69M$664.89M$786.23M$792.86M$336.08M$637.41M$768.65M$697.70M$265.67M$445.43M$698.77M$741.35M$750.03M$-1.20B$362.81M$423.58M$108.44M$350.34M$-80.86M
Low Forecast$649.72M$746.97M$761.23M$584.90M$643.65M$743.51M$760.87M$588.04M$643.76M$735.23M$743.35M$246.46M$650.59M$748.06M$768.29M$224.05M$617.66M$512.43M$697.70M$177.12M$296.96M$465.85M$494.23M$500.02M$-1.80B$241.87M$282.39M$72.30M$233.56M$-121.29M
Surprise %------------0.25%0.77%0.63%1.17%1.88%0.76%-2.05%0.61%1.06%1.06%0.42%0.79%1.98%1.61%0.30%1.21%1.64%

3 analysts predict TAP's average Quarter EBITDA for Mar 24 to be $308.07M, with a high of $369.69M and a low of $246.46M. This is 86.15% upper than Molson Coors Beverage's previous annual EBITDA (Dec 23) of $165.50M.

Molson Coors Beverage Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts5454434358536964375348585510744
Net Income------------$103.30M$430.70M$342.40M$72.50M$-589.80M$216.40M-$151.50M$82.40M$453.00M$388.60M$84.10M$-1.37B$342.80M$195.00M$-117.00M$163.70M$-402.80M
Avg Forecast$273.93M$388.85M$413.25M$172.13M$266.91M$386.09M$410.43M$179.74M$253.19M$357.33M$357.33M$109.84M$235.82M$327.95M$345.46M$99.86M$226.04M$426.65M$254.85M$78.94M$84.65M$387.86M$332.28M$158.95M$-1.83B$155.27M$108.02M$-109.91M$113.33M$-405.50M
High Forecast$279.59M$396.88M$421.79M$175.68M$272.43M$394.07M$418.91M$183.46M$258.42M$387.11M$364.71M$131.81M$248.45M$351.38M$352.59M$119.83M$230.71M$511.98M$254.85M$94.73M$101.58M$465.44M$398.74M$190.74M$-1.46B$186.32M$129.63M$-87.93M$136.00M$-324.40M
Low Forecast$268.38M$380.97M$404.88M$168.64M$261.50M$378.27M$402.12M$176.10M$248.06M$340.32M$350.08M$87.88M$229.50M$296.01M$338.45M$79.89M$221.46M$341.32M$254.85M$63.15M$67.72M$310.29M$265.82M$127.16M$-2.19B$124.21M$86.42M$-131.89M$90.66M$-486.60M
Surprise %------------0.44%1.31%0.99%0.73%-2.61%0.51%-1.92%0.97%1.17%1.17%0.53%0.75%2.21%1.81%1.06%1.44%0.99%

Molson Coors Beverage's average Quarter net income forecast for Mar 24 is $109.84M, with a range of $87.88M to $131.81M. TAP's average Quarter net income forecast represents a 6.34% increase compared to the company's last Quarter net income of $103.30M (Dec 23).

Molson Coors Beverage SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts5454434358536964375348585510744
SG&A-------------$746.80M$734.90M$615.00M$575.50M$660.00M-$675.70M$665.10M$664.80M$681.70M$542.90M$648.30M$634.50M$524.50M$629.70M$612.90M$690.20M
Avg Forecast$690.22M$793.53M$808.68M$621.36M$683.77M$789.86M$808.30M$624.69M$683.89M$783.72M$789.68M$489.91M$690.34M$804.74M$816.18M$445.38M$656.16M$626.13M$729.63M$352.08M$703.77M$569.21M$582.90M$1.03B$863.84M$287.39M$290.55M$591.54M$424.32M$694.83M
High Forecast$701.18M$806.13M$821.53M$631.23M$694.63M$802.40M$821.14M$634.62M$694.75M$791.13M$802.22M$587.90M$695.32M$822.22M$829.14M$534.45M$666.59M$751.35M$729.63M$422.49M$844.52M$683.05M$699.48M$1.23B$1.04B$344.87M$348.66M$709.84M$509.18M$833.80M
Low Forecast$679.45M$781.15M$796.07M$611.67M$673.10M$777.54M$795.69M$614.95M$673.23M$768.88M$777.37M$391.93M$680.37M$782.30M$803.45M$356.30M$645.93M$500.90M$729.63M$281.66M$563.01M$455.37M$466.32M$820.86M$691.07M$229.91M$232.44M$473.23M$339.45M$555.87M
Surprise %-------------0.93%0.90%1.38%0.88%1.05%-1.92%0.95%1.17%1.17%0.53%0.75%2.21%1.81%1.06%1.44%0.99%

Molson Coors Beverage's average Quarter SG&A projection for Dec 23 is $690.34M, based on 6 Wall Street analysts, with a range of $680.37M to $695.32M. The forecast indicates a -7.56% fall compared to TAP last annual SG&A of $746.80M (Sep 23).

Molson Coors Beverage EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts5454434358536964375348585510744
EPS-------------$1.99$1.58$0.33$-2.72$1.00-$0.70$0.38$2.09$1.79$0.39$-6.31$1.58$0.90$-0.54$0.76$-1.86
Avg Forecast$1.30$1.84$1.96$0.82$1.27$1.83$1.95$0.85$1.20$1.70$1.70$0.74$1.12$1.56$1.64$0.26$1.07$1.35$1.19$0.19$0.85$1.53$1.34$-0.10$0.74$1.02$0.68$0.33$0.78$1.51
High Forecast$1.33$1.88$2.00$0.83$1.29$1.87$1.99$0.87$1.23$1.84$1.73$0.75$1.18$1.67$1.67$0.26$1.09$1.37$1.19$0.20$0.88$1.58$1.38$-0.09$0.77$1.06$0.70$0.34$0.81$1.56
Low Forecast$1.27$1.81$1.92$0.80$1.24$1.79$1.91$0.84$1.18$1.61$1.66$0.72$1.09$1.40$1.61$0.25$1.05$1.32$1.19$0.19$0.83$1.49$1.31$-0.10$0.72$1.00$0.66$0.32$0.77$1.47
Surprise %-------------1.28%0.96%1.28%-2.54%0.74%-3.65%0.45%1.37%1.34%-4.03%-8.52%1.55%1.33%-1.64%0.97%-1.24%

According to 6 Wall Street analysts, Molson Coors Beverage's projected average Quarter EPS for Dec 23 is $1.12, with a low estimate of $1.09 and a high estimate of $1.18. This represents a -43.79% decrease compared to TAP previous annual EPS of $1.99 (Sep 23).

Molson Coors Beverage Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FMXFomento Económico Mexicano$101.96$151.5048.59%Buy
SAMBoston Beer Company$284.35$360.7126.85%Hold
BUDAnheuser-Busch InBev SA/NV$62.84$69.8311.12%Buy
TAPMolson Coors Beverage Company$55.77$61.309.92%Hold
ABEVAmbev$2.33$2.10-9.87%Buy

TAP Forecast FAQ


No, according to 15 Wall Street analysts, Molson Coors Beverage (TAP) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 20.00% of TAP's total ratings.

Molson Coors Beverage (TAP) average price target is $61.3 with a range of $47 to $75, implying a 9.92% from its last price of $55.77. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TAP stock, the company can go up by 9.92% (from the last price of $55.77 to the average price target of $61.3), up by 34.48% based on the highest stock price target, and down by -15.73% based on the lowest stock price target.

TAP's average twelve months analyst stock price target of $61.3 does not support the claim that Molson Coors Beverage can reach $80 in the near future.

1 Wall Street analyst forecast a $59 price target for Molson Coors Beverage (TAP) this month, up 5.79% from its last price of $55.77. Compared to the last 3 and 12 months, the average price target increased by 0.41% and increased by 12.75%, respectively.

Molson Coors Beverage's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $11.71B (high $11.9B, low $11.53B), average EBITDA is $2.78B (high $2.82B, low $2.74B), average net income is $1.24B (high $1.27B, low $1.22B), average SG&A $2.91B (high $2.95B, low $2.86B), and average EPS is $5.9 (high $6.02, low $5.78). TAP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.74B (high $11.93B, low $11.56B), average EBITDA is $2.79B (high $2.83B, low $2.74B), average net income is $1.25B (high $1.27B, low $1.22B), average SG&A $2.91B (high $2.96B, low $2.87B), and average EPS is $5.92 (high $6.04, low $5.8).

Based on Molson Coors Beverage's last annual report (Dec 2023), the company's revenue was $11.7B, beating the average analysts forecast of $11.54B by 1.42%. Apple's EBITDA was $1.44B, missing the average prediction of $2.49B by -42.24%. The company's net income was $948.9M, missing the average estimation of $1.01B by -5.96%. Apple's SG&A was $2.78B, beating the average forecast of $2.76B by 0.84%. Lastly, the company's EPS was $4.37, missing the average prediction of $4.57 by -4.41%. In terms of the last quarterly report (Dec 2023), Molson Coors Beverage's revenue was $2.79B, beating the average analysts' forecast of $2.78B by 0.34%. The company's EBITDA was $165.5M, missing the average prediction of $660.13M by -74.93%. Molson Coors Beverage's net income was $103.3M, missing the average estimation of $235.82M by -56.19%. The company's SG&A was $0, missing the average forecast of $690.34M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $1.12 by -100.00%