Molson Coors Beverage Company (TAP)
NYSE: TAP · Real-Time Price · USD
63.88
+1.99 (3.22%)
Nov 13, 2024, 4:00 PM EST - Market closed

TAP Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for TAP stock have an average target of 60.31, with a low estimate of 47 and a high estimate of 75. The average target predicts a decrease of -5.59% from the current stock price of 63.88.

Analyst Consensus: Hold
Target Low Average Median High
Price $47 $60.31 $58 $75
Change -26.42% -5.59% -9.20% +17.41%

Analyst Ratings

The average analyst rating for TAP stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 322211
Buy 111112
Hold 1099998
Sell 122221
Strong Sell 111111
Total 161515151413

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Sell
Maintains
$49$51
Sell Maintains $49$51 -20.16% Nov 11, 2024
Wells Fargo
Wells Fargo
Buy
Upgrades
$52$74
Buy Upgrades $52$74 +15.84% Nov 8, 2024
JP Morgan
JP Morgan
Hold
Maintains
$57$60
Hold Maintains $57$60 -6.07% Oct 18, 2024
TD Cowen
TD Cowen
Hold
Maintains
$58$56
Hold Maintains $58$56 -12.34% Oct 8, 2024
Barclays
Barclays
Sell
Maintains
$47$49
Sell Maintains $47$49 -23.29% Aug 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
11.80B
from 11.70B
Increased by 0.83%
Revenue Next Year
11.83B
from 11.80B
Increased by 0.22%
EPS This Year
5.77
from 4.37
Increased by 31.94%
EPS Next Year
5.89
from 5.77
Increased by 2.11%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
10.58B9.65B10.28B10.70B11.70B11.80B11.83B11.92B
Revenue Growth
-1.77%-8.75%6.48%4.10%9.36%0.83%0.22%0.81%
EPS
1.11-4.384.62-0.814.375.775.896.16
EPS Growth
-78.45%----31.94%2.11%4.67%
Forward PE
-----11.0810.8510.37
No. Analysts -----212115
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 12.4B 12.5B 12.7B
Avg 11.8B 11.8B 11.9B
Low 11.3B 11.1B 11.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
6.0%
5.8%
7.0%
Avg
0.8%
0.2%
0.8%
Low
-3.2%
-5.8%
-5.9%

EPS Forecast

EPS 20242025202620272028
High 6.35 6.47 6.85
Avg 5.77 5.89 6.16
Low 5.41 5.29 5.50

EPS Growth

EPS Growth 20242025202620272028
High
45.3%
12.2%
16.3%
Avg
31.9%
2.1%
4.7%
Low
23.8%
-8.2%
-6.6%
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.