Molson Coors Class A

TAP.A

Bank of America has downgraded Molson Coors Beverage Co (NYSE:TAP) to ‘Underperform' from ‘Neutral' and lowered its price target to $42 from $50, following the company's fourth quarter 2025 results and its presentation at the recent CAGNY conference. "Our downgrade reflects rising downside risk to forward estimates should the US beer category experience another year of mid‑single‑digit declines or TAP's consumption trend meaningfully underperform the category,” the analysts wrote.

Molson Coors reported weak FY25 results, with sales down 4.2% and significant volume declines, reinforcing my sell rating. TAP faces a potential value trap, as low P/E multiples are offset by deteriorating fundamentals, including a 7.7% Q4 volume drop and rising costs. Cost inflation drove COGS per hectoliter up 8.1%, while net income and FCF are pressured; leverage stands at an elevated 5x net debt/FCF.

Beer maker Molson Coors forecast a sharp drop in annual profit on Wednesday, hurt by higher aluminum tariffs and weak spending among price-sensitive consumers.

Molson Coors Beverage Co. (NYSE:TAP) shares sank in Wednesday's extended trading after the company released its fourth-quarter earnings report, missing revenue estimates and issuing fiscal guidance below estimates.

The maker of Blue Moon and Miller High Life said net sales fell 2.7%, to $2.66 billion, compared with analyst estimates of $2.72 billion.

Molson Coors Beverage Company may benefit from rising political stress and global economic uncertainty, potentially boosting beer demand. TAP trades at a significant discount to sector peers and its historical averages, offering a compelling undervaluation story. Recent industry headwinds may be reversing, with 2026-27 consumer demand expected to stabilize after a difficult 2025 for beer sales.

CNBC's Jim Cramer explains why he is keeping an eye on shares of Molson Coors.

Molson Coors Beverage Company (TAP) is trading near multi-year lows, offering a compelling buying opportunity with a strong yield. TAP remains financially solid, maintaining healthy free cash flow and prudent capital allocation, despite macro headwinds impacting discretionary spending and beer demand. Management is focused on cost-cutting, portfolio diversification, and premiumization, positioning TAP to benefit from eventual rate cuts and industry trends advancing.

Molson Coors swung to a loss and logged lower sales in the third quarter, as the beer industry contends with a widespread slump.

Molson Coors will eliminate 400 positions representing 9% of its Americas salaried workforce as part of a transformation strategy to accelerate growth.