Molson Coors Beverage Company (TAP)
NYSE: TAP · Real-Time Price · USD
55.23
+0.25 (0.45%)
At close: Jan 17, 2025, 4:00 PM
55.24
+0.01 (0.01%)
After-hours: Jan 17, 2025, 4:00 PM EST
TAP Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for TAP stock have an average target of 61.79, with a low estimate of 47 and a high estimate of 75. The average target predicts an increase of 11.88% from the current stock price of 55.23.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TAP 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 3 | 3 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 9 | 9 | 9 | 9 | 7 | 7 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 15 | 15 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $51 → $48 | Sell | Maintains | $51 → $48 | -13.09% | Jan 17, 2025 |
| UBS | UBS | Hold Maintains $60 → $58 | Hold | Maintains | $60 → $58 | +5.02% | Jan 16, 2025 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $57 → $70 | Hold → Strong Buy | Upgrades | $57 → $70 | +26.74% | Dec 6, 2024 |
| Needham | Needham | Strong Buy Initiates $72 | Strong Buy | Initiates | $72 | +30.36% | Dec 6, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Hold Initiates $64 | Hold | Initiates | $64 | +15.88% | Nov 25, 2024 |
Financial Forecast
Revenue This Year
11.71B
from 11.70B
Increased by 0.08%
Revenue Next Year
11.70B
from 11.71B
Decreased by -0.12%
EPS This Year
5.85
from 4.37
Increased by 33.90%
EPS Next Year
6.04
from 5.85
Increased by 3.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.2B | 12.3B | 12.5B | |||
| Avg | 11.7B | 11.7B | 11.8B | |||
| Low | 11.3B | 11.1B | 11.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.5% | 5.2% | 6.6% | |||
| Avg | 0.1% | -0.1% | 0.6% | |||
| Low | -3.4% | -5.2% | -4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.35 | 6.60 | 6.92 | |||
| Avg | 5.85 | 6.04 | 6.29 | |||
| Low | 5.62 | 5.56 | 5.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 45.3% | 12.9% | 14.6% | |||
| Avg | 33.9% | 3.2% | 4.3% | |||
| Low | 28.5% | -5.0% | -7.8% |
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.