Molson Coors Beverage (TAP) Stock Overview
Manufactures, markets, distributes, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
TAP Community Fair Values
Create NarrativeSee what 44 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Molson Coors Beverage Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$40.90 |
| 52 Week High | US$54.82 |
| 52 Week Low | US$38.04 |
| Beta | 0.42 |
| 1 Month Change | -1.30% |
| 3 Month Change | -6.39% |
| 1 Year Change | -20.98% |
| 3 Year Change | -39.36% |
| 5 Year Change | -29.23% |
| Change since IPO | 541.57% |
Recent News & Updates
Narrative Update • Jun 07
TAP: Debt Refinancing And Flat 2026 Outlook Will Pressure Long Term Returns
Analysts have trimmed the fair value estimate for Molson Coors Beverage by $1 to $35, citing recent reductions in Street price targets and modest adjustments to the discount rate, revenue contraction, and profit margin assumptions. Analyst Commentary Recent Street research on Molson Coors Beverage has leaned cautious, with several bearish analysts trimming price targets over the past series of reports.Seeking Alpha • May 31
Molson Coors: Deeply Undervalued While Offering A Double-Digit Yield (Upgrade)
Summary Molson Coors Beverage Company is upgraded to Strong Buy, as the valuation disconnect widens despite solid fundamentals and recovery potential. TAP maintains robust cash flow and a healthy balance sheet and offers a potential double-digit combined dividend-plus-buyback yield, which is covered by the underlying free cash flow. Management targets $450 million in cost savings by 2029, network modernization, and premiumization to offset macro and competitive pressures. Intrinsic value for TAP is estimated far above the current price, indicating a significant margin of safety that doesn't seem justified given the company's position. Read the full article on Seeking Alpha
Narrative Update • May 23
TAP: Future Margin Discipline And Brand Activations Will Support Upside Potential
Molson Coors Beverage's updated analyst price target shifts to $57.58 from $65.34 as analysts factor in recent target cuts and raises across the Street, along with refreshed assumptions for growth, margins, and future P/E levels. Analyst Commentary Recent Street research on Molson Coors Beverage shows a mix of target cuts and raises clustered over a relatively short period.Recent updates
Narrative Update • Jun 07
TAP: Debt Refinancing And Flat 2026 Outlook Will Pressure Long Term Returns
Analysts have trimmed the fair value estimate for Molson Coors Beverage by $1 to $35, citing recent reductions in Street price targets and modest adjustments to the discount rate, revenue contraction, and profit margin assumptions. Analyst Commentary Recent Street research on Molson Coors Beverage has leaned cautious, with several bearish analysts trimming price targets over the past series of reports.Seeking Alpha • May 31
Molson Coors: Deeply Undervalued While Offering A Double-Digit Yield (Upgrade)
Summary Molson Coors Beverage Company is upgraded to Strong Buy, as the valuation disconnect widens despite solid fundamentals and recovery potential. TAP maintains robust cash flow and a healthy balance sheet and offers a potential double-digit combined dividend-plus-buyback yield, which is covered by the underlying free cash flow. Management targets $450 million in cost savings by 2029, network modernization, and premiumization to offset macro and competitive pressures. Intrinsic value for TAP is estimated far above the current price, indicating a significant margin of safety that doesn't seem justified given the company's position. Read the full article on Seeking AlphaNarrative Update • May 23
TAP: Future Margin Discipline And Brand Activations Will Support Upside Potential
Molson Coors Beverage's updated analyst price target shifts to $57.58 from $65.34 as analysts factor in recent target cuts and raises across the Street, along with refreshed assumptions for growth, margins, and future P/E levels. Analyst Commentary Recent Street research on Molson Coors Beverage shows a mix of target cuts and raises clustered over a relatively short period.Analysis Article • May 04
Molson Coors Beverage Company Just Recorded A 100% EPS Beat: Here's What Analysts Are Forecasting Next
Molson Coors Beverage Company ( NYSE:TAP ) came out with its quarterly results last week, and we wanted to see how the...
Narrative Update • Apr 28
TAP: Horizon 2030 Reset And Cost Pressures Will Drive Future Returns
Analysts have trimmed the Molson Coors Beverage fair value estimate by about $1.60 to $46.62. This reflects a series of recent price target cuts clustered around softer 2026 guidance, category headwinds, and cost pressures, partly balanced by a few upward revisions tied to refreshed sector views and the new long term "Horizon 2030" plan.Narrative Update • Apr 14
TAP: 2026 Earnings Reset And Cost Pressures Will Restrain Horizon 2030 Potential
Molson Coors Beverage's analyst price targets have generally moved lower by mid single digits in recent updates, as analysts factor in softer 2026 earnings guidance, cost headwinds and flattish sales expectations, despite only modest tweaks to revenue growth, profit margin and future P/E assumptions in this model. Analyst Commentary Across recent research, bearish analysts are generally trimming price targets for Molson Coors and signaling a more cautious stance on execution and growth, particularly around the company’s updated 2026 outlook and cost profile.Narrative Update • Mar 31
TAP: 2026 Earnings Reset And Cost Pressures Will Limit Horizon 2030 Upside
Molson Coors Beverage’s analyst price targets have generally moved lower, with the model fair value estimate trimmed from $36.94 to $36.00 as analysts factor in softer 2026 earnings guidance, flattish sales expectations, cost headwinds, and mixed views on the Horizon 2030 plan. Analyst Commentary Recent research coverage on Molson Coors points to a more cautious tone, with multiple price target cuts clustered around the company’s Q4 results and its 2026 outlook.Narrative Update • Mar 16
TAP: 2026 Earnings Reset And Cost Pressures Will Constrain Future Multiple
The analyst price target for Molson Coors Beverage has been revised lower by $3.06 to $36.94, as analysts reflect softer 2026 guidance, category headwinds, and increased cost pressures in their models, despite mixed views on the new "Horizon 2030" plan. Analyst Commentary Recent research updates around Molson Coors Beverage point to a cautious tone, with several bearish analysts trimming price targets as they factor in softer 2026 guidance, cost pressures, and category headwinds into their models.Narrative Update • Mar 02
TAP: Horizon 2030 Execution And Cost Pressures Will Shape Future Returns
The analyst price target for Molson Coors Beverage has moved lower by around $3, reflecting Street analysts' recalibrated views after Q4 results, softer 2026 earnings guidance, cost headwinds and mixed reactions to the new "Horizon 2030" plan. Analyst Commentary Street research on Molson Coors after the Q4 print and "Horizon 2030" rollout is mixed, with most firms trimming price targets but landing on different conclusions about how attractive the shares look against the new earnings profile.Narrative Update • Feb 16
TAP: Future Returns Will Rely On Execution Against Balanced Risk Reward Profile
Analysts have made a modest upward adjustment to their Molson Coors Beverage price targets, with a roughly $1 move reflecting revised assumptions around revenue growth, margins, and future P/E expectations discussed in recent research updates. Analyst Commentary Recent Street research around Molson Coors Beverage reflects a mix of optimism on execution and caution on valuation and future growth assumptions, which helps explain the modest net upward move in price targets.Narrative Update • Feb 02
TAP: Future Returns Will Depend On Ad Partnerships Versus Category Weakness Risks
Analysts have raised their price target for Molson Coors Beverage to about $51 per share, reflecting updated assumptions on fair value and future P/E, while balancing recent target changes and mixed views on category trends and partnerships. Analyst Commentary Recent research on Molson Coors highlights a divided view, with some analysts focusing on upside tied to valuation and partnerships, while others point to category headwinds and execution risks following the latest quarterly update.Narrative Update • Jan 19
TAP: Future Execution And Advertising Partnership Will Support Upside Potential
Analysts now see fair value for Molson Coors Beverage closer to $65.34 from about $68.47, as they factor in a slightly higher discount rate, modest adjustments to long term revenue growth and profit margin assumptions, and a higher future P/E multiple that reflects mixed recent research commentary on the stock. Analyst Commentary Recent research on Molson Coors Beverage reflects a split view, with some firms trimming targets and ratings while others see reasons to adjust valuations higher.Narrative Update • Jan 05
TAP: Weak Q3 And Category Pressure Will Constrain Earnings And Multiple
Analysts have trimmed their price target on Molson Coors Beverage to a range around the mid US$40s, a reduction of about US$3 per share. They cited a weaker Q3 update, a tougher near term category backdrop, lowered FY25 guidance and tempered profit and P/E expectations, partly offset by ongoing commercial efforts such as its advertising partnership pipeline.Narrative Update • Dec 18
TAP Weak Category Trends And Share Losses Will Pressure Shares Ahead
The fair value estimate for Molson Coors Beverage has been reduced from $54.00 to $40.00 as analysts trim price targets in response to a weaker near term outlook, softer category trends, and lowered guidance, despite improved margin expectations and a more modest future valuation multiple. Analyst Commentary Bearish analysts have been trimming price targets for Molson Coors, highlighting a more cautious stance on the company despite pockets of operational progress.Narrative Update • Dec 04
TAP: Future Returns Will Depend On Consumer Strength And Category Trend Stabilization
Analysts have modestly lowered their price target on Molson Coors Beverage to approximately $51 per share from roughly $51 previously, citing a weak Q3 print, tempered FY25 guidance, ongoing category softness and share losses, and a lack of near term catalysts despite stable margins and only slight adjustments to growth and valuation assumptions. Analyst Commentary Recent Street research reflects a mixed but generally cautious stance on Molson Coors, with modest price target cuts clustered in the high $40s to low $50s and a tilt toward Neutral or Hold ratings.Narrative Update • Nov 20
TAP: Future Upside Will Depend On U.S. Consumer Strength And Market Share Recovery
The analyst price target for Molson Coors Beverage was reduced slightly, by about $0.33 to approximately $50.90. Analysts cite ongoing category weakness, share losses, and a lack of clear near-term catalysts, despite some positive valuation considerations.Narrative Update • Nov 06
TAP: Future Performance Will Depend On U.S. Consumer Resilience Amid Industry Challenges
The analyst price target for Molson Coors Beverage has been revised downward by approximately $2 to around $51. Analysts cite continued category weakness, moderating growth expectations, and a lack of near-term catalysts for improvement.Narrative Update • Oct 23
Analyst Commentary Reflects Mixed Outlook as Molson Coors Faces Valuation Shifts and Industry Headwinds
The consensus analyst price target for Molson Coors Beverage has been lowered by $0.14 to $53.33, as analysts cite a lack of near-term catalysts and revised company guidance within a challenging consumer environment. Analyst Commentary Following the recent adjustments to Molson Coors Beverage's price targets, analysts have provided insights into both the positive and negative factors currently influencing the company's outlook.Narrative Update • Oct 08
Above-Premium Beverage Diversification Will Unlock Future Value
Analysts have reduced their price target for Molson Coors, trimming it by approximately $1 per share. The revision reflects concerns about recent guidance cuts and a lack of near-term catalysts, despite stable valuations.Analysis Article • Aug 08
Results: Molson Coors Beverage Company Beat Earnings Expectations And Analysts Now Have New Forecasts
Molson Coors Beverage Company ( NYSE:TAP ) last week reported its latest second-quarter results, which makes it a good...Narrative Update • Aug 07
Above-Premium Beverage Diversification Will Unlock Future Value
With analysts maintaining stable expectations for both revenue growth (0.7% per annum) and net profit margin (9.49%), the consensus fair value for Molson Coors Beverage remains unchanged at $55.92. What's in the News The company completed repurchasing 190.9 million shares (93.92% of plan), totaling $890 million, under its previously announced buyback program.Analysis Article • Aug 04
Does Molson Coors Beverage (NYSE:TAP) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jun 11
Molson Coors Beverage Company (NYSE:TAP) Screens Well But There Might Be A Catch
Molson Coors Beverage Company's ( NYSE:TAP ) price-to-earnings (or "P/E") ratio of 10.2x might make it look like a buy...Seeking Alpha • Nov 11
Molson Coors: After 9 Years Of Paying Down Debt, Finally Able To Repurchase Shares
Summary Molson Coors issued a lot of debt in 2016 as part of buying out a joint venture interest. In late 2023, Molson Coors finally reached its target leverage ratios and extra cash is now going towards share repurchases instead of debt paydowns. The company capitalized on Budweiser's marketing issues, gaining market share and shelf space, boosting sales for brands like Coors Banquet. Trading at 10x earnings, Molson Coors offers value with potential for multiple expansion to 15-20x earnings. Molson Coors is a 0.02% weighted S&P 500 component and its debt is investment grade rated. Read the full article on Seeking AlphaShareholder Returns
| TAP | US Beverage | US Market | |
|---|---|---|---|
| 7D | 5.9% | 3.7% | -4.1% |
| 1Y | -21.0% | 12.2% | 20.6% |
Return vs Industry: TAP underperformed the US Beverage industry which returned 9.4% over the past year.
Return vs Market: TAP underperformed the US Market which returned 22.3% over the past year.
Price Volatility
| TAP volatility | |
|---|---|
| TAP Average Weekly Movement | 3.8% |
| Beverage Industry Average Movement | 5.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: TAP has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: TAP's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1774 | 16,200 | Rahul Goyal | www.molsoncoors.com |
Molson Coors Beverage Company manufactures, markets, distributes, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers flavored malt beverages including hard seltzers, craft, spirits, and ready to drink beverages. The company also provides non-alcoholic beverages including premium mixers and energy drinks.
Molson Coors Beverage Company Fundamentals Summary
| TAP fundamental statistics | |
|---|---|
| Market cap | US$7.61b |
| Earnings (TTM) | -US$2.11b |
| Revenue (TTM) | US$11.19b |
0.7x
P/S Ratio-3.6x
P/E RatioIs TAP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TAP income statement (TTM) | |
|---|---|
| Revenue | US$11.19b |
| Cost of Revenue | US$6.87b |
| Gross Profit | US$4.32b |
| Other Expenses | US$6.43b |
| Earnings | -US$2.11b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -11.25 |
| Gross Margin | 38.62% |
| Net Profit Margin | -18.85% |
| Debt/Equity Ratio | 59.9% |
How did TAP perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield-18%
Payout RatioDoes TAP pay a reliable dividends?
See TAP dividend history and benchmarks| Molson Coors Beverage dividend dates | |
|---|---|
| Ex Dividend Date | May 29 2026 |
| Dividend Pay Date | Jun 12 2026 |
| Days until Ex dividend | 13 days |
| Days until Dividend pay date | 1 day |
Does TAP pay a reliable dividends?
See TAP dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 03:45 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Molson Coors Beverage Company is covered by 40 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erin Smith | Argus Research Company |
| Michael Branca | Barclays |
| Lauren Lieberman | Barclays |