Wells Fargo has downgraded Molson Coors Beverage Co (TAP) from Overweight to Equal-Weight as of November 18, 2025. This revision suggests a more cautious outlook for the company, potentially reflecting concerns over competitive pressures and market conditions that could impact performance.
Molson Coors, headquartered in Golden, Colorado, operates primarily in the beverages industry and employs 16,800 full-time staff. The company produces and sells beer through its two segments: Americas and EMEA&APAC. The Americas segment encompasses the production, marketing, and sales of both owned and partner brands across the United States, Canada, and various Latin American countries. Meanwhile, the EMEA&APAC segment handles similar functions for its brands in numerous European and Asia-Pacific markets.
As of the downgrade, Molson Coors had a market capitalization of $9.2 billion and an earnings per share (EPS) of -10.68. The company's recent earnings performance has been mixed, with Q3 2025 EPS reported at $1.67, slightly below the estimated $1.72. Upcoming earnings are anticipated on August 2, 2026, with an EPS estimate of $2.06 and revenue projection of $3.2 billion.
Analyst ratings and price targets are based on research and financial models, providing insights into market expectations. However, they should be considered alongside company fundamentals and industry trends when making investment decisions. Analyst opinions can shift as new information emerges, highlighting the dynamic nature of market assessments.