The Boston Beer Company, Inc. (SAM)
NYSE: SAM · IEX Real-Time Price · USD
293.30
+7.20 (2.52%)
At close: Apr 24, 2024, 4:00 PM
293.28
-0.02 (-0.01%)
After-hours: Apr 24, 2024, 7:04 PM EDT
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 334.86, with a low estimate of 250 and a high estimate of 422. The average target predicts an increase of 14.17% from the current stock price of 293.30.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 9 | 9 | 10 | 9 | 9 | 9 |
| Sell | 3 | 3 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 2 |
| Total | 14 | 14 | 13 | 12 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $350 → $315 | Hold | Maintains | $350 → $315 | +7.40% | Apr 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $257 → $250 | Strong Sell | Maintains | $257 → $250 | -14.76% | Apr 9, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $350 | Buy | Initiates | $350 | +19.33% | Mar 22, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $337 | Hold | Reiterates | $337 | +14.90% | Feb 29, 2024 |
| Citigroup | Citigroup | Hold Maintains $370 → $350 | Hold | Maintains | $370 → $350 | +19.33% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
2.07B
from 2.01B
Increased by 3.01%
Revenue Next Year
2.14B
from 2.07B
Increased by 3.53%
EPS This Year
10.16
from 6.21
Increased by 63.66%
EPS Next Year
12.67
from 10.16
Increased by 24.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2B | 2.3B | 2.4B | 2.8B | 3.0B |
| Avg | 2.1B | 2.1B | 2.2B | 2.5B | 2.7B |
| Low | 2.0B | 2.0B | 2.1B | 2.4B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.9% | 10.5% | 13.1% | 24.9% | 19.0% |
| Avg | 3.0% | 3.5% | 3.9% | 13.8% | 7.7% |
| Low | -1.9% | -2.2% | -4.2% | 6.4% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.34 | 13.74 | 16.96 | 26.78 | 33.13 |
| Avg | 10.16 | 12.67 | 15.26 | 20.52 | 31.87 |
| Low | 8.82 | 11.76 | 13.17 | 17.28 | 30.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 82.6% | 35.2% | 33.9% | 75.4% | 61.4% |
| Avg | 63.7% | 24.6% | 20.5% | 34.5% | 55.3% |
| Low | 42.0% | 15.7% | 4.0% | 13.2% | 50.6% |
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.