Molson Coors Beverage Company (TAP)
NYSEConsumer StaplesBeverages - BrewersSnapshot 2026-07-07
$39.26+1.03%
Close 2026-07-07 · 1-day change
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Track TAP free→NYSEConsumer StaplesBeverages - BrewersSnapshot 2026-07-07
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Track TAP free→Molson Coors is cutting costs and buying back shares, paying $168.5 million in Q1 2026. It expects free cash flow between $990 million and $1.21 billion in 2026. The company beat earnings estimates in Q1 and Q4 2025 despite revenue challenges. Debt raised supports cash flow targets and restructuring.
Revenue is expected to decline about 10% next year. Glass supply shortages and shipment declines threaten sales. The company cut its EPS guidance to a loss of $0.13 per share in 2026. Management is volatile and quality remains weak.
The market prices in about 10% revenue decline and a share price 46% below our fair value. Our fair value is well above the Street median, reflecting more optimism on recovery and cash flow. The market is cautious given recent guidance cuts and sector headwinds.
Breaks if: quarterly share repurchases fall below $168.5 million
Increase the share-repurchase program by $2 billion, extending it to December 31, 2031.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 2 of last 2 quarters. Paid $168.5 million for share repurchases in 2026-Q1, up from $59.6 million in 2025-Q1. The expansion of the program by $2 billion and increased repurchase activity indicate delivering on this priority.
“CEO: 'Expanding our share-repurchase program to reinforce confidence in our long-term value.'”
“Board approved an increase to the share-repurchase program by $2 billion.”
Breaks if: EPS falls below -$0.15 in FY26
Breaks if: free cash flow falls below $990 million in FY26
Breaks if: revenue growth falls below -1% in FY26