Molson Coors (TAP) Had Miserable Numbers, Says Jim Cramer

We recently published 12 Stocks on Jim Cramer’s Radar.  Molson Coors Beverage Company (NYSE:TAP) is one of the stocks on Jim Cramer’s radar.

Alcoholic beverages company Molson Coors Beverage Company (NYSE:TAP)’s shares are down by 20.5% over the past year and are up by 1.9% year-to-date. Evercore ISI discussed the firm on February 9th. It raised the share price target to $55 from $50 and kept an Outperform rating. Two days later, JPMorgan kept a $50 share price target and a Hold rating on Molson Coors Beverage Company (NYSE:TAP)’s shares. The firm reported its fourth quarter earnings on February 18th and posted $2.66 billion in revenue and $1.21 in earnings per share for a mixed bag of results. As a result, Molson Coors Beverage Company (NYSE:TAP)’s revenue missed analyst estimates of $2.71 billion, while its earnings beat estimates of $1.16. However, the firm’s 2026 estimate of an 11% to 15% drop in adjusted earnings was well below analyst estimates. Cramer has been bearish on the alcoholic beverages industry since 2025’s start due to a multitude of factors, such as the growing unpopularity of drinking among younger drinkers. He reiterated the sentiment and briefly discussed Molson Coors Beverage Company (NYSE:TAP)’s earnings:

Molson Coors (TAP) Had Miserable Numbers, Says Jim Cramer

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“Those were miserable numbers, Molson Coors, let’s see what, this is one of the industries where everybody who’s running it is in flux.”

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