Tap Global Group PLC (LSE:TAP) shares rose 20% to 1.5p on Monday after the AIM-listed digital finance company reported that assets under management in its Tap Earn yield product had grown 43% to more than $5 million despite a sharp fall in cryptocurrency prices over the past month.
The company said the growth was driven by net customer deposits rather than price appreciation, with Bitcoin and Ethereum both falling materially since Tap Earn's AUM was last reported at $3.5 million on 18 May.
Tap Global said the performance demonstrated the counter-cyclical characteristics the product was designed to deliver, with yield-based revenue continuing to accrue as deposits grew during a period when trading volumes across the crypto sector typically contract.
Tap Earn works by generating revenue from the spread between the gross yield the group earns through its treasury management programme and the variable rate paid out to customers, meaning income accrues on balances held rather than transactions completed.
The company also announced it had raised the customer-facing yield on supported stablecoins, digital assets pegged to fiat currencies, from up to 7.0% at launch to up to 8.0%, which it said positioned Tap Earn among the highest published rates in the retail crypto yield market.
Chief executive Arsen Torosian said every dollar of AUM added recurring yield revenue that did not depend on trading volumes, describing the past four weeks as evidence of the strategy working as intended.
The update marks the second AUM disclosure since Tap Earn launched, with the board having set out in May its intention to build a revenue base that functions across all phases of the market cycle, reducing the group's historical dependence on transactional income tied to crypto price activity.
Tap Global Group, the AIM-listed digital finance and cryptocurrency payments platform, rose 6% to 1.38p after announcing that its entire board and senior leadership team have voluntarily locked in shares representing 63% of the company's issued capital for a minimum of three years.
Under the agreement, no participating shareholder may sell shares on the open market until at least March 2029, and even after that date they are permanently barred from open market sales under any circumstances.
The only permitted route to personal liquidity after the lock-in period expires is as a secondary seller alongside a company fundraising, capped at 20% of any such share issuance and subject to board approval.
Chief executive and co-founder Arsen Torosian, who holds 59.42% of the company's shares, is the largest participant in the arrangement, with the remaining locked shares held by the chief technology officer, head of development, and two non-executive directors.
The structure means the leadership team can only realise value from their shareholdings if the company raises fresh capital, tying their financial interests directly to growth and share price performance.
Tap Global operates an app that combines traditional payment infrastructure with cryptocurrency settlement, positioning itself in the growing market for digital asset financial services.
The announcement is unusual in its scope, with voluntary lock-ins of this duration and breadth rare among AIM-listed companies, particularly at the micro-cap end of the market where insider selling can weigh heavily on smaller shareholders.
The agreement does carry standard release clauses, including acceptance of a recommended takeover offer, company liquidation, and severe financial hardship, and shares arising from the exercise of options are not subject to the restrictions.
TORONTO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors" or “the company”) (NYSE: TAP, TAP.A; TSX: TPX.A, TPX.B) today announced that Will Meijer will join the company on April 13 as president, Canada sales. Based in Toronto, Meijer will serve on the company’s senior leadership team, reporting to President and Chief Executive Officer Rahul Goyal.
Canada is a critical market for Molson Coors’ long-term growth, and Meijer brings deep industry expertise and a proven track record of strong leadership to the role. He rejoins Molson Coors after previously spending 16 years with the company in a variety of senior positions across the business, including president of Six Pints (Molson’s Canadian craft beer division), vice president of sales for Ontario and Atlantic Canada and vice president of brand activation.
“We believe Will’s deep understanding of the Canadian beverage alcohol landscape, combined with his strong leadership experience, make him the right leader to help drive our business forward,” said President and CEO Rahul Goyal. “Will knows our business well, understands our team and our customers, and brings valuable perspective that should help position our iconic portfolio of brands to win with consumers in Canada.”
Meijer currently serves as executive vice president of sales at Arterra Wines Canada, where he’s led the Canadian sales organization with a focus on market share growth, execution excellence and value optimization. In that role, Meijer has been responsible for representing the company across Canada’s wine industry while developing and executing national sales and customer marketing strategies and identifying new business and brand development opportunities.
“After 16 years with Molson Coors previously in my career, I’m honoured to return to this great team and begin an exciting next chapter,” said Meijer. “I’m committed to doing right by our people, our legacy and this business. Molson Coors’ strategy focuses on getting much closer to the consumers who enjoy our products and the customers who sell them each day. That vision energizes me, and I can’t wait to roll up my sleeves and support the team on our journey toward growth.”
Meijer holds a Masters in Business Administration from the Shulich School of Business at York University and a Business Administration degree from the Ivey School of Business at the University of Western Ontario. He and his family live in Halton Hills, just west of Toronto. Outside of work, Meijer enjoys travelling with his family, skiing and mountain biking and can often be found enjoying a cold Creemore Lager on a patio by the water in the summer.
Meijer’s appointment follows the departure of previous President, Canada Sales, Chantalle Butler, who left the business in February to pursue her next opportunity outside the company.
In February, Molson Coors announced its new long-range strategy, called Horizon 2030, which focuses on building a scaled portfolio of strong brands across the total-beverage spectrum, from iconic beer brands in Canada such as Molson Canadian and Coors Light, high-end beer brands like Madri Excepcional, and flavoured adult beverages such as Coors Seltzer and Simply Spiked. Molson Coors’ portfolio in Canada also includes local favourites such as Creemore Springs, Brasseur du Montreal and Trou du Diable. The company has two major corporate offices in Toronto and Montreal, along with nine breweries across Ontario, Quebec, British Columbia, Newfoundland and New Brunswick.
ABOUT MOLSON COORS BEVERAGE COMPANY
For more than two centuries, we have brewed beverages that unite people to celebrate all life’s moments. From our core power brands, Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko, to our above premium brands, including Madrí Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel’s Summer Shandy, to our value brands, like Miller High Life and Keystone Light, we produce many beloved and iconic beers. While our Company's history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits and non-alcoholic beverages. We also have partner brands, such as Simply Spiked, ZOA Energy, and Fever-Tree, among others, through license, distribution, partnership and joint venture agreements. As a business, our ambition is to be the first choice for our people, our consumers and our customers, and our success depends on our ability to make our products available to meet a wide range of consumer segments and occasions.
To learn more about Molson Coors Beverage Company, visit molsoncoors.com.
ABOUT MOLSON COORS CANADA INC.
Molson Coors Canada Inc. ("MCCI") is a subsidiary of Molson Coors Beverage Company. MCCI Class A and Class B exchangeable shares offer substantially the same economic and voting rights as the respective classes of common shares of MCBC, as described in MCBC’s annual proxy statement and Form 10-K filings with the U.S. Securities and Exchange Commission. The trustee holder of the special Class A voting stock and the special Class B voting stock has the right to cast a number of votes equal to the number of then outstanding Class A exchangeable shares and Class B exchangeable shares, respectively.
FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Words such as “expects,” “intend,” “goals,” “plans,” “believes,” “continues,” “may,” “anticipate,” “seek,” “estimate,” “outlook,” “trends,” “future benefits,” “potential,” “projects,” “strategies,” “estimates,” and variations of such words and similar expressions are intended to identify forward-looking statements. From time to time, the Company may also provide oral or written forward-looking statements in other materials the Company releases to the public. Such forward-looking statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements, and include, but are not limited to, statements by the President and CEO, contributions of the new President, Canada Sales, the Company’s Horizon 2030 strategy, and expectations (financial or otherwise). In addition, statements that the Company makes in this press release that are not statements of historical fact may also be forward-looking statements.
Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s historical experience, and present projections and expectations include, but are not limited to, the potential for increased restructuring costs or difficulty retaining key employees due to the restructuring, and the other risk factors described in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. We do not undertake to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Founded in 2012, Monaco stands as the #1 independently owned ready-to-drink (RTD) singles cocktail brand in the U.S.
With 5% market share of RTD singles, the brand is expected to complement Molson Coors’ strategic growth plans
CHICAGO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors" or “the Company”) (NYSE: TAP, TAP.A), the brewer behind leading brands like Coors, Miller, Blue Moon, Peroni U.S., Fever-Tree U.S. and Topo Chico Hard, today announced the acquisition of Atomic Brands, Inc., maker of Monaco Cocktails (“Monaco”), a pioneering ready-to-drink (RTD) brand known for combining bold flavors and quality with convenient packaging that’s ready when you are.
Molson Coors sees significant opportunity to further scale Monaco, including through increased marketing support and expansion through chain retailers.
Share Launched in 2012, Monaco helped ignite the RTD cocktail category and popularized the concept of canned cocktails for big nights, high-intensity sports and live events, drawing consumers to the brand and its flavorful lineup of modern classics like Citrus Rush, Watermelon Crush, Lime Crush, Black Raspberry and more.
Since launching 14 years ago, Monaco has grown to become a top-five RTD cocktail brand* in the U.S. and holds a 5% market share of RTD singles*, in addition to now being the #1 independently owned RTD singles cocktail brand in the U.S. across all tracked retail channels.
Sold in over 70,000 retail locations across the U.S., Monaco shows up particularly strongly in convenience stores. Molson Coors sees significant opportunity to further scale Monaco, including through increased marketing support and expansion through chain retailers. Currently, the majority of Monaco’s distribution overlaps with Molson Coors’ U.S. distributor network, further positioning the brand for operational and commercial integration with Molson Coors.
QUOTE FROM RAHUL GOYAL, PRESIDENT AND CEO, MOLSON COORS BEVERAGE COMPANY: “Don and his team have built something genuinely impressive with Monaco. This brand was developed from the ground up with dedication and a fanbase fostered through real, in-person experiences. We believe it has the scale, the consumer loyalty and the runway for growth that we’ve been looking for – but it’s more than that. Monaco is built different. Very few brands blend quality, value and fun quite like Monaco does, and all of us at Molson Coors are excited to build on the momentum by introducing the brand to even more consumers.”
QUOTE FROM DON DEUBLER, FOUNDER AND CEO, ATOMIC BRANDS: “I’m extremely proud of the journey we’ve taken with Monaco since launching in 2012. We pioneered the canned cocktail category when it was all but forgotten, igniting a new generation of drinkers with bold, pop-culture-inspired flavors, iconic packaging and consistent high-energy messaging. Monaco has always stood for exceptional quality, incredible value, and unforgettable experiences, fueled by partnerships with music festivals and live action sports. Today, joining forces with Molson Coors fills me with gratitude for everyone who believed in us along the way. This next chapter will harness their unmatched distribution reach, operational expertise, and passion for iconic consumer brands to bring Monaco’s high-octane fun to even more fans nationwide. We’re ready to keep the party going stronger than ever.”
The acquisition advances Molson Coors’ ambition to build a strong portfolio of scaled brands across beer and beyond beer. In February 2026, Molson Coors announced its Horizon 2030 strategy, aimed at creating growth in a world of constantly evolving consumer preferences and choice. Monaco is expected to further the Company’s strategy and complement its vast beer portfolio, including growing brands such as Coors Banquet and Peroni U.S., while also advancing its Beyond Beer lineup, which also includes beloved brands like Fever Tree U.S. and Topo Chico Hard.
The deal is subject to the satisfaction of closing conditions, and the transaction is expected to close in the coming weeks.
Unless otherwise specified, all data points related to Monaco’s U.S. sales performance are sourced from Circana.
*Source: Nielsen xAOC + Convenience and Liquor, Open States Period Ending Jan 24, 2026
ABOUT MOLSON COORS BEVERAGE COMPANY
For more than two centuries, Molson Coors has brewed beverages that unite people to celebrate all life's moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling, and Ožujsko to our above premium brands, including Madrí Excepcional, Staropramen, Blue Moon Belgium White and Leinekugel’s Summer Shandy, to our value brands, like Miller High Life and Keystone Light, Molson Coors produces many beloved and iconic beers. While Molson Coors’ history is rooted in beer, it offers a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits and non-alcoholic beverages. Molson Coors also has partner brands, such as Simply Spiked, ZOA Energy, Fever-Tree, among others, through license, distribution, partnership and joint venture agreements. As a business, Molson Coors’ ambition is to be the first choice for its people, its consumers and its customers, and Molson Coors’ success depends on its ability to make its products available to meet a wide range of consumer segments and occasions. To learn more about Molson Coors Beverage Company, visit molsoncoors.com.
FORWARD LOOKING STATEMENTS
This press release includes “forward-looking statements” within the meaning of the U.S. federal securities laws. Generally, the words "expects," "intend," "goals," "plans," "believes," "continues," "may," "anticipate," "seek," "estimate," "outlook," "trends," "future benefits," "potential," "projects," "strategies," "implies," and variations of such words and similar expressions are intended to identify forward-looking statements. Statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements, and include, but are not limited to, statements regarding Molson Coors’ strategy, its expectations regarding premiumizing its portfolio and the anticipated consummation of the acquisition and the timing and benefits thereof. Although Molson Coors believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Actual events or results may differ materially from those contained in the forward-looking statements due to risks, uncertainties and assumptions. These risk factors include those detailed in Molson Coors’ public filings with the Securities and Exchange Commission (the “SEC”), including its most recent Annual Report on Form 10-K and subsequent filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Molson Coors does not undertake to update any forward-looking or other statements in this release, except as required by law.
Acquisition establishes Molson Coors as a top-five supplier in the fast-growing ready-to-drink cocktail segment*
More than 80 Monaco team members to join Molson Coors, expected to strengthen U.S. sales capabilities
CHICAGO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors" or “the Company”) (NYSE: TAP, TAP.A) has completed the acquisition of Atomic Brands Inc., maker of Monaco Cocktails (“Monaco”), officially welcoming the brand to its U.S. Beyond Beer portfolio.
The acquisition establishes Molson Coors as a top-five supplier in the fast-growing ready-to-drink cocktail segment. With the transaction now closed, Molson Coors is focused on supporting the plan for Monaco’s next phase of growth and leveraging its national scale while maintaining continuity for customers, distributors and consumers.
“As we move forward, we’re committed to protecting what’s made Monaco a leader in RTD cocktails over the past 14 years,” said Brian Feiro, president of U.S. sales for Molson Coors. “That means having the right people and systems in place to support the integration phase for all of our partners and Monaco’s many fans out in the market.”
As part of the integration, Molson Coors is retaining more than 80 members of Monaco’s sales team, who will continue supporting Monaco throughout the integration, and over time, are expected to also represent Molson Coors’ broader flavor portfolio.
“Feet on the street matter,” Feiro added. “Just as we’ve done with our non-alc business, the addition of the Monaco team reflects our commitment to investing in new capabilities to build a winning total-beverage portfolio.”
Launched in 2012, Monaco grew to become the #1 independently owned ready-to-drink (RTD) singles cocktail brand in the U.S., helping to ignite the canned cocktail category by combining bold flavors and quality with convenient, ready-to-drink packaging. The brand has built a loyal following through strong performance in convenience and independent retail, primarily in singles, positioning it for continued expansion.
The acquisition supports the Company’s long-term strategy to build a strong portfolio of scaled brands across beer and beyond beer, aligned with evolving consumer preferences and occasions.
All data points are sourced from Circana unless otherwise specified.
*Source: Nielsen xAOC + Convenience and Liquor, Open States Period Ending Jan 24, 2026
ABOUT MOLSON COORS BEVERAGE COMPANY
For more than two centuries, Molson Coors has brewed beverages that unite people to celebrate all life's moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling, and Ožujsko to our above premium brands, including Madrí Excepcional, Staropramen, Blue Moon Belgium White and Leinekugel’s Summer Shandy, to our value brands, like Miller High Life and Keystone Light, Molson Coors produces many beloved and iconic beers. While Molson Coors’ history is rooted in beer, it offers a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits and non-alcoholic beverages. Molson Coors also has partner brands, such as Simply Spiked, ZOA Energy, Fever-Tree, among others, through license, distribution, partnership and joint venture agreements. As a business, Molson Coors’ ambition is to be the first choice for its people, its consumers and its customers, and Molson Coors’ success depends on its ability to make its products available to meet a wide range of consumer segments and occasions. To learn more about Molson Coors Beverage Company, visit molsoncoors.com.
FORWARD LOOKING STATEMENTS
This press release includes “forward-looking statements” within the meaning of the U.S. federal securities laws. Generally, the words "expects," "intend," "goals," "plans," "believes," "continues," "may," "anticipate," "seek," "estimate," "outlook," "trends," "future benefits," "potential," "projects," "strategies," "implies," and variations of such words and similar expressions are intended to identify forward-looking statements. Statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, transaction plans and integration efforts, and other characterizations of future events or circumstances are forward-looking statements, and include, but are not limited to, statements regarding Molson Coors’ strategy, its expectations regarding premiumizing its portfolio and the anticipated consummation of the acquisition and the timing and benefits thereof. Although Molson Coors believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Actual events or results may differ materially from those contained in the forward-looking statements due to risks, uncertainties and assumptions. These risk factors include those detailed in Molson Coors’ public filings with the Securities and Exchange Commission (the “SEC”), including its most recent Annual Report on Form 10-K and subsequent filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Molson Coors does not undertake to update any forward-looking or other statements in this release, except as required by law.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$38.04▼
$54.82Dividend Yield4.61%
Price Target$44.88
A sudden jolt of investor interest has put Molson Coors Beverage Company NYSE: TAP in the spotlight. Shares of the brewing giant recently rose after analyst commentary identified Molson Coors as a prime takeover target. This speculation comes as the broader beverage industry is buzzing with M&A activity, prompting Wall Street to look more closely at the numbers and strategy behind one of the consumer staple sector’s most established names.
The buyout whispers are not random market noise. They are rooted in a growing recognition of the significant value embedded within this legacy brewer. For investors, this creates a compelling situation where the market may finally be waking up to a discounted opportunity. The chatter is forcing a deeper look into Molson Coors's fundamentals, its proactive strategy, and the industry trends that make it a logical acquisition candidate.
Get Molson Coors Beverage alerts:
Beyond Beer: A Perfect Target in a Changing Market The potential for a Molson Coors buyout is supported by a powerful strategic case. The global alcohol sector is in a period of consolidation, with large companies actively seeking to gain market share and enter high-growth categories. The potential for a merger between giants like Pernod Ricard OTCMKTS: PRNDY and Brown-Forman highlights this trend, creating a favorable environment for further deals. In this landscape, a company with Molson Coors' brand recognition and distribution network becomes a highly valuable asset.
More importantly, Molson Coors management is playing offense with its Horizon 2030 strategy, a clear plan to adapt to evolving consumer tastes. The most significant proof of this proactive pivot is the recent acquisition of Atomic Brands, the maker of Monaco Cocktails. This move is an aggressive, strategic push into the booming, high-margin Ready-to-Drink (RTD) market, a segment projected to grow faster than traditional beer over the next five years. This acquisition complements an already successful push into beyond beer products, including the popular Vizzy Hard Seltzer and a distribution partnership for Topo Chico Hard Seltzer.
This expansion serves two bullish purposes. First, it strengthens Molson Coors as a standalone company by diversifying its revenue streams away from the slow-growth traditional beer market. Second, it makes its brand portfolio vastly more appealing to a potential suitor. An acquirer would not just be buying legacy beer brands like Coors Light and Miller Lite; they would gain an immediate and meaningful foothold in one of the fastest-growing beverage segments. This makes Molson Coors a more valuable target, increasing the logic for a buyout at a premium price.
Why Molson Coors Looks Undervalued Beyond the strategic fit, Molson Coors' financial metrics suggest the company is fundamentally undervalued. This deep value is precisely what attracts both corporate buyers and discerning investors. A closer look at the numbers shows a compelling financial case built on a discounted valuation, strong cash generation, and Molson Coors’ clean balance sheet.
Discounted Valuation: Several key metrics suggest Molson Coors stock is trading at a discount to its intrinsic value. Its forward price-to-earnings ratio sits at an attractive 6.84, significantly lower than many of its industry peers, suggesting the stock is inexpensive relative to future earnings. Furthermore, its price-to-book ratio is 0.79. A price-to-book ratio below 1.0 can indicate that the stock is trading for less than the actual value of its assets, a classic sign of an undervalued company. Superior Cash Generation: A company's ability to generate cash is a critical sign of its financial health. Molson Coors excels here, with a remarkably low Price-to-Cash-Flow (P/CF) ratio of just 1.52. This highlights Molson Coors's efficiency at turning revenue into cash, which funds everything from strategic acquisitions to dividends. This strong cash flow makes the business stable and highly attractive to a potential acquirer. A Solid Foundation: A potential buyout is made even more feasible by Molson Coors's solid balance sheet. With a manageable debt-to-equity ratio of 0.37, Molson Coors is not over-leveraged. This financial stability makes it a cleaner and less risky target for an acquisition when compared to competitors with higher debt loads. Rewarding Shareholders: Management has demonstrated a commitment to returning capital to its shareholders. The stock currently offers a dividend yield of 4.5%, providing a steady income stream for investors. This is supported by a four-year track record of dividend growth, signaling financial discipline and confidence in future performance. Strong Insider Confidence: One of the most powerful indicators of a stock's potential is when its own leadership is buying shares. Recent trading activity shows that Molson Coors insiders have been net buyers of the stock. This includes a notable purchase by a director in March 2026, a strong vote of confidence from those who know Molson Coors's prospects and true value best. A Win-Win Scenario: Tapping Into a Bullish Future Overall MarketRank™62nd Percentile
Analyst RatingHold
Upside/Downside9.9% Upside
Short Interest LevelBearish
Dividend StrengthModerate
News Sentiment1.56 Insider TradingSelling Shares
Proj. Earnings Growth5.49%
See Full Analysis
For investors, Molson Coors presents a compelling, dual-sided opportunity for potential gains. The investment case does not hinge on a single outcome but rather on two distinct, bullish paths forward that could unlock significant shareholder value.
The first, more immediate path is through an acquisition. In this scenario, a corporate suitor acts on the compelling strategic and financial logic, acquiring Molson Coors at a significant premium to its current trading price to capture its valuable brands, distribution network, and undervalued cash flows.
The second, equally viable path, is the successful execution of Molson Coors' Horizon 2030 strategy. As the strategic pivot to higher-growth beyond beer categories like RTDs gains traction and contributes more to the bottom line, it could drive significant earnings growth. Success on this front could force the market to re-evaluate Molson Coors at a much higher valuation based on its own merits. For investors seeking a defensive stock that combines a stable dividend income with the compelling upside of a potential acquisition catalyst, Molson Coors presents a bullish case built on a foundation of tangible value and strategic foresight.
Should You Invest $1,000 in Molson Coors Beverage Right Now?Before you consider Molson Coors Beverage, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Molson Coors Beverage wasn't on the list.
While Molson Coors Beverage currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for June 2026. Learn which stocks have the most short interest and how to trade them. Click the link to see which companies made the list.
Molson Coors Beverage Co (NYSE:TAP) is scheduled to report its first-quarter results on Thursday, April 30, before the market opens.
The earnings expectation has been reduced from 40 cents per share to 36 cents per share to reflect lower revenue and margin estimates in the Americas, according to JPMorgan.
• Molson Coors Beverage stock is trading near recent lows. What’s the outlook for TAP shares?
The Molson Coors Beverage Analyst: Analyst Drew Levine maintained a Neutral rating, while cutting the price target from $45 to $43.
The Molson Coors Beverage Thesis: The lowered estimate for the Americas is partially offset by higher estimates for the EMEA (Europe, Middle East, and Africa) and APAC (Asia-Pacific) regions, and the final estimate is still higher than the consensus of 35 cents per share, Levine said in the note.
Check out other analyst stock ratings.
He also revised sales estimates for Molson Coors Beverage:
Raised the estimate for constant-currency sales growth to 1.5%, from the previous projection of a decline of 0.9% and compared to the consensus of a 0.3% decline. Cut total sales growth estimate to 0.8%, from 1.4% previously. Now expects a volume decline of 3.8%, higher than the previous forecast of a 3.4% contraction, versus the consensus of a 2.3% decline. The analyst expects the company's gross margin to shrink 234 basis points (bps) year-on-year to 33.8%, below the consensus of 34.8%.
Levine lowered the EPS estimate for 2026 from $4.71 per share to $4.65 per share, now representing a 14% year-on-year decline, and 2027 EPS from $5 per share to $4.75 per share, reflecting 1.9% growth versus 6.1% growth previously.
"The set up into the spring/summer also seems supportive with easier comparisons against poor weather and potential tailwinds (World Cup, America 250)," Levine wrote. He further stated, however, that Molson Coors Beverage's market share performance "has been lackluster" and the pricing environment is tough, although the acquisition of Atomic Brands could provide a boost to revenues this year.
TAP Price Action: Shares of Molson Coors Beverage had risen by 0.31% to $42.57 at the time of publication on Monday.
Photo: Habanero Pixel via Shutterstock
Market News and Data brought to you by Benzinga APIs
Cross-border activation rewards the city’s fans for show of support during playoff moment
TORONTO--(BUSINESS WIRE)--Canada is part of the hockey DNA in Buffalo, NY. Just go to any professional game and you’ll hear both national anthems. Last week, that connection was on full display when the microphone cut out during ‘O Canada,’ and fans didn’t hesitate to step in and finish it together. To say ‘thank you,’ Molson Canadian showed up in Buffalo ahead of Game 6, sampling Molson Canadian for fans and bringing its “Cheer Canadian” platform to the city.
In addition to the surprise sampling moment, the brand launched localized digital out-of-home placements featuring a simple, heartfelt message inspired by the anthem moment, turning an act of respect into a shared celebration.
“That moment was a powerful expression of cultural pride. It was bigger than the game,” said Eric Kouri, Marketing Director, Molson Coors Beverage Company. “As a brand that has represented Canada for over 240 years and has long been part of the Buffalo community, it was important to show our gratitude to Buffalo fans.”
Molson Canadian launched “Cheer Canadian” at the start of the playoffs, with billboards across key markets nationwide encouraging fans to rally behind Canadian teams and players competing for the Cup - whether their home team made the postseason or not. Rooted in the belief that hockey is Canada’s game, the campaign invites fans to support the sport, the players, and the moments that bring people together.
The “Cheer Canadian” campaign will continue through the playoffs as Molson Canadian celebrates Canadians competing for hockey’s ultimate prize - and the fans, wherever they are, who rally behind them.
For more information, follow instagram.com/molson.
ABOUT MOLSON COORS BEVERAGE COMPANY
For more than two centuries, Molson Coors has brewed beverages that unite people to celebrate all life's moments. From our core power brands Coors Light, Miller Lite, Coors Original, Molson Canadian, Carling and Ožujsko to our above premium brands including Madrí Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel's Summer Shandy, to our economy and value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beers. While Molson Coors’ history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey and non-alcoholic beverages like ZOA Energy. As a business, our ambition is to be the first choice for our people, our consumers and our customers, with a wide range of products available to meet a wide range of consumer segments and occasions.
Molson Coors Beverage Company is a publicly traded company that operates through its Americas and EMEA&APAC reporting segments and is traded on the New York Stock Exchange and Toronto Stock Exchange.
To learn more about Molson Coors Beverage Company, visit molsoncoors.com.
Molson Coors (TAP) delivered a Q1'26 EPS beat of 63%, yet reaffirmed full-year guidance for an 11-15% EPS decline, creating a compelling value disconnect. The EPS decline is driven by a quantified, largely temporary aluminum cost headwind, not structural deterioration; underlying FCF remains robust at $1.1B, supporting a 13.6% yield. Capital allocation is highly shareholder-friendly, with a 4.5% dividend yield, aggressive buybacks, and a manageable debt maturity profile, all at 9x forward earnings near 52-week lows.
GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE: TAP, TAP.A, TAP 32; TSX: TPX.A, TPX.B) announced today that it has priced its previously announced public offering (the “Offering”) of $1,500,000,000 aggregate principal amount of its senior notes, consisting of $500,000,000 aggregate principal amount of 4.900% Senior Notes due 2031 and $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2036 (collectively, the “Notes”). The Offering is expected to close on or about May 27, 2026, subject to customary closing conditions.
Molson Coors intends to use the net proceeds of the Offering for general corporate purposes, including the repayment of the $2.0 billion 3.00% Senior Notes due 2026.
Citigroup Global Markets Inc., BofA Securities, Inc. and Goldman Sachs & Co. LLC are acting as joint book-running managers for the Offering.
The Offering is being made pursuant to an effective shelf registration statement (including a prospectus) (File No. 333-277183) filed with the Securities and Exchange Commission (“SEC”), which became effective upon filing. A preliminary prospectus supplement related to the Offering was filed with the SEC on May 20, 2026 and is available on the SEC’s website at www.sec.gov. A final prospectus supplement related to the Offering will be filed with the SEC. A copy of the prospectus and related preliminary prospectus supplement for the Offering may be obtained by contacting: Citigroup Global Markets Inc. by mail at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 by telephone at 1-800-831-9146 or by email at [email protected]; BofA Securities, Inc. by mail at NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attention: Prospectus Department or by email at [email protected]; Goldman Sachs & Co. LLC by mail at 200 West Street, New York, NY 10282, Attention: Prospectus Department, by facsimile at 212-902-9316, by telephone at 1-866-471-2526 or by email at [email protected].
This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Notes or any other security, nor shall there be any sale of the Notes or any other security in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction.
Overview of Molson Coors
For more than two centuries, we have brewed beverages that unite people to celebrate all life’s moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko to our above premium brands including Madrí Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel’s Summer Shandy, to our value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beers. While our history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer and Monaco, spirits and non-alcoholic beverages. We also have partner brands, such as Simply Spiked, ZOA Energy, Fever-Tree, among others, through license, distribution, partnership and joint venture agreements. As a business, our ambition is to be the first choice for our people, our consumers and our customers, and our success depends on our ability to make our products available to meet a wide range of consumer segments and occasions.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the U.S. federal securities laws. Such statements include, without limitation, Molson Coors’ plans and intentions regarding the Offering and the use of proceeds from the Offering. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including, without limitation, prevailing market conditions and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect Molson Coors and its results is included in Molson Coors’ filings with the SEC, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available at www.sec.gov. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Molson Coors does not undertake to update forward-looking statements, whether as a result of new information, future events or otherwise.