The Boston Beer Company, Inc. (SAM)

The Boston Beer Company Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for SAM stock have an average target of 319, with a low estimate of 250 and a high estimate of 389. The average target predicts an increase of 7.53% from the current stock price of 296.65.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$250	$319	$325	$389
Change	-15.73%	+7.53%	+9.56%	+31.13%

Analyst Ratings

The average analyst rating for SAM stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	2	2	2	2	2	1
Buy	1	1	1	1	1	1
Hold	9	9	9	9	9	7
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	13	13	13	13	13	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nik Modi RBC Capital	RBC Capital	Hold Reiterates $318	Hold	Reiterates	$318	+7.20%	Oct 25, 2024
Michael Lavery Piper Sandler	Piper Sandler	Buy Maintains $325 → $330	Buy	Maintains	$325 → $330	+11.24%	Oct 25, 2024
Kaumil Gajrawala Jefferies	Jefferies	Strong Buy → Hold Downgrades $355 → $325	Strong Buy → Hold	Downgrades	$355 → $325	+9.56%	Oct 25, 2024
Bill Kirk Roth MKM	Roth MKM	Strong Buy Reiterates $389	Strong Buy	Reiterates	$389	+31.13%	Oct 23, 2024
Bill Kirk Roth MKM	Roth MKM	Strong Buy Maintains $395 → $389	Strong Buy	Maintains	$395 → $389	+31.13%	Jul 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.03B

Increased by 0.91%

from 2.01B

Revenue Next Year

2.08B

Increased by 2.61%

from 2.03B

EPS This Year

9.31

Increased by 49.93%

from 6.21

EPS Next Year

12.03

Increased by 29.25%

from 9.31

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 28, 2019	Dec 26, 2020	Dec 25, 2021	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.25B	1.74B	2.06B	2.09B	2.01B	2.03B	2.08B	2.16B
Revenue Growth	25.53%	38.93%	18.50%	1.59%	-3.91%	0.91%	2.61%	3.89%
EPS	9.16	15.53	1.17	5.44	6.21	9.31	12.03	14.67
EPS Growth	17.09%	69.58%	-92.47%	364.51%	14.20%	49.93%	29.25%	21.97%
Forward PE	-	-	-	-	-	31.87	24.66	20.22
No. Analysts	-	-	-	-	-	17	17	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.1B	2.2B	2.4B
Avg	2.0B	2.1B	2.2B
Low	2.0B	2.0B	2.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	6.4%	10.1%	13.0%
Avg	0.9%	2.6%	3.9%
Low	-2.8%	-3.6%	-2.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	11.46	14.24	17.02
Avg	9.31	12.03	14.67
Low	6.68	10.75	12.10

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	84.5%	53.0%	41.5%
Avg	49.9%	29.2%	22.0%
Low	7.7%	15.5%	0.6%

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.