Boston Beer (SAM) to Release Earnings on Thursday

Boston Beer (NYSE:SAM) is projected to release its Q1 2025 earnings data after the market closes on Thursday, April 24th. Analysts expect Boston Beer to post earnings of $0.97 per share and revenue of $436.27 million for the quarter.

Boston Beer Stock Up 1.2 %

Shares of SAM stock opened at $241.73 on Wednesday. The firm has a market cap of $2.72 billion, a P/E ratio of 35.55, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The business has a 50-day moving average price of $235.83 and a two-hundred day moving average price of $269.39. Boston Beer has a 12-month low of $215.10 and a 12-month high of $339.77.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Morgan Stanley dropped their price target on Boston Beer from $290.00 to $270.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 26th. Citigroup lifted their price objective on Boston Beer from $280.00 to $285.00 and gave the stock a “buy” rating in a report on Monday, April 14th. Piper Sandler decreased their price objective on Boston Beer from $240.00 to $230.00 and set a “neutral” rating on the stock in a research note on Thursday, April 17th. UBS Group raised their target price on shares of Boston Beer from $265.00 to $279.00 and gave the company a “neutral” rating in a research note on Thursday, April 17th. Finally, Roth Mkm restated a “buy” rating and set a $349.00 price target (down previously from $389.00) on shares of Boston Beer in a report on Wednesday, February 26th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Boston Beer presently has an average rating of “Hold” and a consensus price target of $290.01.

About Boston Beer

The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names.