Boston Beer Company Announces CEO Transition

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Boston Beer Co. (SAM) on watch on vague chatter

August 4, 2025 10:17 AM EDT

Boston Beer Co. (NYSE: SAM) was mentioned as a possible takeover target after founder Jim Koch announced after the close on Friday that he will return as CEO, replacing Michael Spillane. Koch is 76 years old, and there is no clear number 2, the analyst... More

Bernstein SocGen Group Reiterates Market Perform Rating on Boston Beer Company (SAM)

August 4, 2025 6:42 AM EDT

Bernstein SocGen Group analyst Nadine Sarwat reiterated a Market Perform rating and $230.00 price target on Boston Beer Company (NYSE: SAM).

The analyst comments "What now? Boston Beer has faced lots of volatility under Michaels tenure. The share price has fallen 30% (with all of this being YTD) (Exhibit 3 and Exhibit 4). LTM shipments have fallen -2% and LTM net revenue has increased +1%.... More