The Boston Beer Company, Inc. (SAM)
NYSE: SAM · IEX Real-Time Price · USD
300.92
-0.98 (-0.32%)
Jul 2, 2024, 4:00 PM EDT - Market closed
The Boston Beer Company Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for SAM stock have an average target of 335, with a low estimate of 250 and a high estimate of 422. The average target predicts an increase of 11.33% from the current stock price of 300.92.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SAM stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 10 | 9 | 9 | 9 | 9 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 1 | 1 | 1 | 2 | 1 | 1 |
| Total | 13 | 12 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades $290 | Sell → Hold | Upgrades | $290 | -3.63% | Jun 5, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $335 → $360 | Hold → Strong Buy | Upgrades | $335 → $360 | +19.63% | May 14, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Sell → Hold Upgrades $273 | Strong Sell → Hold | Upgrades | $273 | -9.28% | May 8, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $310 → $325 | Hold | Maintains | $310 → $325 | +8.00% | Apr 26, 2024 |
| Citigroup | Citigroup | Hold Maintains $350 → $315 | Hold | Maintains | $350 → $315 | +4.68% | Apr 16, 2024 |
Financial Forecast
Revenue This Year
2.07B
from 2.01B
Increased by 2.96%
Revenue Next Year
2.14B
from 2.07B
Increased by 3.48%
EPS This Year
10.49
from 6.21
Increased by 68.85%
EPS Next Year
12.77
from 10.49
Increased by 21.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2B | 2.3B | 2.4B | 2.5B | 2.6B |
| Avg | 2.1B | 2.1B | 2.2B | 2.4B | 2.5B |
| Low | 2.0B | 2.0B | 2.0B | 2.2B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.0% | 9.6% | 11.6% | 11.3% | 11.6% |
| Avg | 3.0% | 3.5% | 4.6% | 5.2% | 5.1% |
| Low | -2.5% | -4.2% | -5.0% | - | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.03 | 15.27 | 19.68 | 20.61 | 24.72 |
| Avg | 10.49 | 12.77 | 15.71 | 18.02 | 20.81 |
| Low | 9.31 | 10.38 | 13.98 | 15.22 | 16.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 93.8% | 45.7% | 54.0% | 31.2% | 37.1% |
| Avg | 68.8% | 21.8% | 23.0% | 14.7% | 15.4% |
| Low | 49.9% | -1.0% | 9.5% | -3.2% | -11.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.