Boston Beer price target lowered to $230 from $240 at Piper Sandler
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 17 2025
0mins
Price Target Adjustment: Piper Sandler analyst Michael Lavery has reduced the price target for Boston Beer from $240 to $230 while maintaining a Neutral rating due to updated estimates that now include incremental aluminum tariff costs.
Impact on Earnings: The firm anticipates a potential 9% annualized EPS headwind for Boston Beer, although it expects there will be offsets to mitigate this impact.
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Analyst Views on SAM
Wall Street analysts forecast SAM stock price to rise
9 Analyst Rating
1 Buy
7 Hold
1 Sell
Hold
Current: 182.660
Low
192.00
Averages
239.01
High
326.00
Current: 182.660
Low
192.00
Averages
239.01
High
326.00
About SAM
The Boston Beer Company, Inc. is engaged in the business of selling alcohol beverages throughout the United States and in selected international markets, under various trade names. The trade names include The Boston Beer Company, Twisted Tea Brewing Company, Hard Seltzer Beverage Company, Angry Orchard Cider Company, Dogfish Hea Craft Brewery, Dogfish Head Distilling Co., Angel City Brewing Company, Coney Island Brewing Company, Green Rebel Brewing Co., TeaPot Worldwide, Sun Cruiser Beverage Co., American Fermentation Company LLC, and Sinless Spirits Company. It produces alcohol beverages, including flavored malt beverages, hard seltzer, beer, hard cider, spirits-based ready-to-drink beverages (spirits RTDs) and distilled spirits at Company-owned breweries and its cidery and under contract arrangements at other production facilities. The four primary Company-owned breweries are focused on production and research and development. The Company sells its beverages in various packages.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Historical Performance: Over the past year, SAM's stock has fluctuated between $169.98 and $264.46, with the current trading price of $181.63 indicating proximity to its low, potentially appealing to investors seeking a rebound.
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