Molson Coors Beverage (TAP) Stock Forecast, Price Target & Predictions
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
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
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 07, 2024 | Michael Lavery | Piper Sandler | $59.00 | $52.10 | 13.24% | 5.79% |
Jul 19, 2024 | Michael Lavery | Piper Sandler | $57.00 | $53.07 | 7.41% | 2.21% |
Jul 18, 2024 | Lauren Lieberman | Barclays | $47.00 | $53.98 | -12.93% | -15.73% |
Jul 14, 2024 | Trevor Stirling | Bernstein | $61.00 | $51.24 | 19.05% | 9.38% |
Apr 30, 2024 | Robert Ottenstein | Evercore ISI | $68.00 | $57.26 | 18.76% | 21.93% |
Apr 12, 2024 | Lauren Lieberman | Barclays | $67.00 | $67.81 | -1.19% | 20.14% |
Apr 09, 2024 | Bonnie Herzog | Goldman Sachs | $75.00 | $66.63 | 12.56% | 34.48% |
Mar 22, 2024 | Michael Lavery | Piper Sandler | $69.00 | $67.24 | 2.62% | 23.72% |
Jan 06, 2023 | - | Cowen & Co. | $60.00 | $49.58 | 21.02% | 7.58% |
Dec 06, 2022 | Steve Powers | Deutsche Bank | $50.00 | $54.50 | -8.26% | -10.35% |
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
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 4 | 8 |
Avg Price Target | $59.00 | $56.00 | $62.88 |
Last Closing Price | $55.77 | $55.77 | $55.77 |
Upside/Downside | 5.79% | 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
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
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 |
Apr 30, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Apr 17, 2024 | Deutsche Bank | Hold | Hold | Hold |
Apr 16, 2024 | Citigroup | Neutral | Neutral | Hold |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 |
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
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
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
FMX | Fomento Económico Mexicano | $101.96 | $151.50 | 48.59% | Buy |
SAM | Boston Beer Company | $284.35 | $360.71 | 26.85% | Hold |
BUD | Anheuser-Busch InBev SA/NV | $62.84 | $69.83 | 11.12% | Buy |
TAP | Molson Coors Beverage Company | $55.77 | $61.30 | 9.92% | Hold |
ABEV | Ambev | $2.33 | $2.10 | -9.87% | Buy |
TAP Forecast FAQ
Is Molson Coors Beverage a good buy?
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.
What is TAP's price target?
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.
Will Molson Coors Beverage stock go up soon?
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.
Can Molson Coors Beverage stock reach $80?
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.
What is Molson Coors Beverage's current price target trend?
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.
What are Molson Coors Beverage's analysts' financial forecasts?
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).
Did the TAP's actual financial results beat the analysts' financial forecasts?
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%