​
​

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

OverviewRevenueOwnershipFinancialsChartTranscripts

TAP Stock Forecast

Molson Coors Beverage Company stock forecast is as follows: an average price target of $62.45 (represents a 2.71% upside from TAP’s last price of $60.80) and a rating consensus of 'Hold', based on 16 wall street analysts offering a 1-year stock forecast.

TAP Price Target

The average price target for Molson Coors Beverage Company (TAP) is $62.45 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $47.00. This represents a potential 2.71% upside from TAP's last price of $60.80.

TAP Analyst Ratings

Hold

According to 16 Wall Street analysts, Molson Coors Beverage Company's rating consensus is 'Hold'. The analyst rating breakdown for TAP stock is 0 'Strong Buy' (0.00%), 4 'Buy' (25.00%), 11 'Hold' (68.75%), 1 'Sell' (6.25%), and 0 'Strong Sell' (0.00%).

Molson Coors Beverage Company Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 08, 2024Chris CareyWells Fargo$74.00$60.0323.27%21.71%
Aug 07, 2024Michael LaveryPiper Sandler$59.00$52.1013.24%-2.96%
Jul 19, 2024Michael LaveryPiper Sandler$57.00$53.077.41%-6.25%
Jul 18, 2024Lauren LiebermanBarclays$47.00$53.98-12.93%-22.70%
Jul 14, 2024Trevor StirlingBernstein$61.00$51.2419.05%0.33%
Apr 30, 2024Robert OttensteinEvercore ISI$68.00$57.2618.76%11.84%
Apr 12, 2024Lauren LiebermanBarclays$67.00$67.81-1.19%10.20%
Apr 09, 2024Bonnie HerzogGoldman Sachs$75.00$66.6312.56%23.36%
Mar 22, 2024Michael LaveryPiper Sandler$69.00$67.242.62%13.49%
Jan 06, 2023-Cowen & Co.$60.00$49.5821.02%-1.32%
Row per page
Go to

The latest Molson Coors Beverage Company stock forecast, released on Nov 08, 2024 by Chris Carey from Wells Fargo, set a price target of $74.00, which represents a 23.27% increase from the stock price at the time of the forecast ($60.03), and a 21.71% increase from TAP last price ($60.80).

Molson Coors Beverage Company Price Target by Period

1M3M12M
# Anlaysts119
Avg Price Target$74.00$74.00$64.11
Last Closing Price$60.80$60.80$60.80
Upside/Downside21.71%21.71%5.44%

In the current month, the average price target of Molson Coors Beverage Company stock is $74.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 21.71% increase as opposed to Molson Coors Beverage Company's last price of $60.80. This month's average price target is down 0.00% compared to last quarter, and up 15.43% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 08, 2024Wells Fargo-OverweightUpgrade
Oct 18, 2024Cowen & Co.NeutralNeutralHold
Sep 24, 2024Piper SandlerNeutralNeutralHold
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
Row per page
Go to

Molson Coors Beverage Company's last stock rating was published by Wells Fargo on Nov 08, 2024. The company Upgrade its TAP rating from "null" to "Overweight".

Molson Coors Beverage Company Financial Forecast

Molson Coors Beverage 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------------$2.79B$3.30B$3.27B$2.35B$2.63B$2.94B$2.92B$2.21B$2.62B$2.82B$2.94B$1.90B$2.29B$2.75B$2.50B$2.10B$2.49B$2.84B
Avg Forecast$2.75B$3.10B$3.30B$2.50B$2.73B$3.10B$3.25B$2.50B$2.71B$3.13B$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$2.79B$3.15B$3.36B$2.54B$2.78B$3.16B$3.30B$2.55B$2.72B$3.14B$3.18B$2.50B$2.80B$3.31B$3.34B$2.26B$2.69B$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
Low Forecast$2.69B$3.04B$3.24B$2.45B$2.68B$3.04B$3.18B$2.41B$2.69B$3.12B$3.18B$2.50B$2.74B$3.15B$3.22B$2.18B$2.59B$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
# Analysts333344468433696437434744410101099
Surprise %------------1.00%1.02%0.99%1.05%0.99%1.02%0.99%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 Company's average Quarter revenue forecast for Mar 24 based on 3 analysts is $2.50B, with a low forecast of $2.50B, and a high forecast of $2.50B. 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 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
# Analysts333344468433696437434744410101099
EBITDA------------$165.50M$592.20M$488.50M$327.70M$1.18B$488.60M$284.70M$453.40M$227.20M$616.80M$654.60M$265.40M$-1.19B$599.60M$567.50M$27.30M$353.50M$-166.00M
Avg Forecast$439.74M$495.88M$528.81M$400.02M$437.32M$496.95M$520.27M$400.23M$434.39M$501.39M$509.33M$308.07M$445.26M$519.04M$526.42M$280.07M$408.31M$685.43M$697.70M$221.40M$604.53M$691.64M$667.12M$625.02M$572.45M$631.11M$581.33M$90.37M$588.70M$680.17M
High Forecast$447.01M$504.08M$537.55M$406.63M$444.56M$505.17M$528.87M$408.17M$435.98M$503.44M$509.33M$369.69M$448.47M$530.32M$535.13M$336.08M$489.98M$685.43M$697.70M$265.67M$604.53M$691.64M$667.12M$750.03M$572.45M$631.11M$581.33M$108.44M$588.70M$680.17M
Low Forecast$430.90M$485.92M$518.18M$391.98M$428.54M$486.97M$509.81M$385.94M$431.19M$499.35M$509.33M$246.46M$438.83M$504.57M$515.84M$224.05M$326.65M$685.43M$697.70M$177.12M$604.53M$691.64M$667.12M$500.02M$572.45M$631.11M$581.33M$72.30M$588.70M$680.17M
Surprise %------------0.37%1.14%0.93%1.17%2.88%0.71%0.41%2.05%0.38%0.89%0.98%0.42%-2.08%0.95%0.98%0.30%0.60%-0.24%

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 Company's previous annual EBITDA (Dec 23) of $165.50M.

Molson Coors Beverage 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
# Analysts333344468433696437434744410101099
Net Income------------$103.30M$430.70M$342.40M$72.50M$-589.80M$216.40M$47.30M$151.50M$82.40M$453.00M$388.60M$84.10M$-1.37B$342.80M$195.00M$-117.00M$163.70M$-402.80M
Avg Forecast$270.72M$405.47M$427.15M$178.02M$259.29M$397.01M$409.49M$179.31M$234.17M$346.88M$352.58M$109.84M$232.68M$323.60M$340.87M$99.86M$93.12M$283.66M$250.81M$78.94M$178.17M$321.75M$281.80M$158.95M$156.21M$214.77M$143.16M$-109.91M$165.29M$317.29M
High Forecast$276.54M$414.19M$436.34M$181.85M$264.87M$405.54M$418.30M$195.80M$240.39M$362.85M$354.36M$131.81M$245.15M$346.71M$348.20M$119.83M$111.74M$291.46M$254.51M$94.73M$178.17M$321.75M$281.80M$190.74M$156.21M$214.77M$143.16M$-87.93M$165.29M$317.29M
Low Forecast$263.65M$394.88M$416.00M$173.37M$252.52M$386.64M$398.80M$160.77M$230.03M$330.90M$350.80M$87.88M$226.45M$292.08M$331.97M$79.89M$74.49M$275.86M$247.10M$63.15M$178.17M$321.75M$281.80M$127.16M$156.21M$214.77M$143.16M$-131.89M$165.29M$317.29M
Surprise %------------0.44%1.33%1.00%0.73%-6.33%0.76%0.19%1.92%0.46%1.41%1.38%0.53%-8.77%1.60%1.36%1.06%0.99%-1.27%

Molson Coors Beverage Company'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 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
# Analysts333344468433696437434744410101099
SG&A-------------$746.80M$734.90M$615.00M$575.50M$660.00M$707.60M$675.70M$665.10M$664.80M$681.70M$542.90M$648.30M$634.50M$524.50M$629.70M$612.90M$690.20M
Avg Forecast$681.78M$768.83M$819.88M$620.20M$678.04M$770.49M$806.64M$620.53M$673.49M$777.38M$789.68M$489.91M$690.34M$804.74M$816.18M$445.38M$774.15M$716.81M$729.63M$352.08M$632.20M$723.30M$697.65M$1.03B$598.65M$660.00M$607.93M$591.54M$615.65M$711.30M
High Forecast$693.06M$781.55M$833.44M$630.46M$689.25M$783.23M$819.98M$632.84M$675.96M$780.55M$789.68M$587.90M$695.32M$822.22M$829.68M$534.45M$928.97M$716.81M$729.63M$422.49M$632.20M$723.30M$697.65M$1.23B$598.65M$660.00M$607.93M$709.84M$615.65M$711.30M
Low Forecast$668.08M$753.38M$803.41M$607.74M$664.42M$755.01M$790.43M$598.37M$668.54M$774.21M$789.68M$391.93M$680.37M$782.30M$799.78M$356.30M$619.32M$716.81M$729.63M$281.66M$632.20M$723.30M$697.65M$820.86M$598.65M$660.00M$607.93M$473.23M$615.65M$711.30M
Surprise %-------------0.93%0.90%1.38%0.74%0.92%0.97%1.92%1.05%0.92%0.98%0.53%1.08%0.96%0.86%1.06%1.00%0.97%

Molson Coors Beverage Company'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 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
# Analysts333344468433696437434744410101099
EPS-------------$1.99$1.58$0.33$-2.72$1.00$0.22$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$1.95$2.05$0.86$1.25$1.91$1.97$0.86$1.13$1.67$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$1.99$2.10$0.87$1.27$1.95$2.01$0.94$1.16$1.74$1.70$0.74$1.18$1.67$1.67$0.26$1.10$1.38$1.21$0.19$0.85$1.53$1.34$-0.10$0.74$1.02$0.68$0.33$0.78$1.51
Low Forecast$1.27$1.90$2.00$0.83$1.21$1.86$1.92$0.77$1.11$1.59$1.69$0.74$1.09$1.40$1.60$0.25$1.04$1.31$1.17$0.19$0.85$1.53$1.34$-0.10$0.74$1.02$0.68$0.33$0.78$1.51
Surprise %-------------1.28%0.96%1.28%-2.54%0.74%0.18%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 Company'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 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

TAP Forecast FAQ

Is Molson Coors Beverage Company a good buy?

No, according to 16 Wall Street analysts, Molson Coors Beverage Company (TAP) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 25.00% of TAP's total ratings.

What is TAP's price target?

Molson Coors Beverage Company (TAP) average price target is $62.45 with a range of $47 to $75, implying a 2.71% from its last price of $60.8. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Molson Coors Beverage Company stock go up soon?

According to Wall Street analysts' prediction for TAP stock, the company can go up by 2.71% (from the last price of $60.8 to the average price target of $62.45), up by 23.36% based on the highest stock price target, and down by -22.70% based on the lowest stock price target.

Can Molson Coors Beverage Company stock reach $90?

TAP's average twelve months analyst stock price target of $62.45 does not support the claim that Molson Coors Beverage Company can reach $90 in the near future.

What is Molson Coors Beverage Company's current price target trend?

1 Wall Street analyst forecast a $74 price target for Molson Coors Beverage Company (TAP) this month, up 21.71% from its last price of $60.8. Compared to the last 3 and 12 months, the average price target increased by 21.71% and increased by 5.44%, respectively.

What are Molson Coors Beverage Company's analysts' financial forecasts?

Molson Coors Beverage Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $11.59B (high $11.79B, low $11.31B), average EBITDA is $1.85B (high $1.89B, low $1.81B), average net income is $1.25B (high $1.28B, low $1.2B), average SG&A $2.88B (high $2.93B, low $2.81B), and average EPS is $5.99 (high $6.18, low $5.76). TAP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.65B (high $11.84B, low $11.41B), average EBITDA is $1.86B (high $1.9B, low $1.83B), average net income is $1.28B (high $1.31B, low $1.25B), average SG&A $2.89B (high $2.94B, low $2.83B), and average EPS is $6.16 (high $6.29, low $6).

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

Based on Molson Coors Beverage Company'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 $1.77B by -18.78%. The company's net income was $948.9M, missing the average estimation of $997.01M by -4.83%. 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 Company'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 $445.26M by -62.83%. Molson Coors Beverage Company's net income was $103.3M, missing the average estimation of $232.68M by -55.60%. 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%