Barclays Lowers its Price Target on Molson Coors Beverage (TAP) to $40

Molson Coors Beverage Company (NYSE:TAP) is one of the 10 Beaten Down Stocks Insiders Are Piling Into.

On March 25, 2026, Barclays lowered the price target on Molson Coors Beverage Company (NYSE:TAP) to $40 from $47 and maintained an Underweight rating.

On March 23, 2026, Molson Coors Beverage Company (NYSE:TAP) announced it will acquire Atomic Brands, the maker of Monaco Cocktails, with the transaction expected to close in the coming weeks, subject to closing conditions.

Last month, Molson Coors Beverage Company (NYSE:TAP) reported Q4 EPS of $1.21, above the $1.15 consensus estimate, with revenue of $2.66B compared to the $2.71B consensus. CEO Rahul Goyal said the company “navigated a tough year,” pointing to macroeconomic challenges and actions taken to support performance, while highlighting its brand portfolio and balance sheet. The company expects FY26 underlying EPS to decline 11%-15% versus 2025 and sees net sales flat, plus or minus 1%. CFO Tracey Joubert said commodity inflation will remain a “meaningful headwind” in 2026, while noting continued financial discipline, cash generation, and shareholder returns.

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Molson Coors Beverage Company (NYSE:TAP) produces and sells beer and other beverage products globally.

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