Evercore Raises Price Target on Molson Coors (TAP), Maintains Outperform Rating

Molson Coors Beverage Company (NYSE:TAP) is one of the 12 Dividend Stocks With High Insider Buying.

On February 9, 2026, Evercore ISI analyst Robert Ottenstein maintained an Outperform rating on Molson Coors Beverage Company (NYSE:TAP) and raised the stock’s price target from $50 to $55. Conversely, in a recent update on February 11, 2026, JPMorgan’s analyst Andrea Faria Teixeira maintained a Hold rating on the stock with a price target of $50.

In the last quarter, a 4.7% decline in the U.S. beer industry, driven by shifting consumer preferences and intense competition from “Beyond Beer” products, had an impact on the company’s volume shares. During the fourth quarter of 2025, the industry showed signs of stabilization with some leading companies reporting improved volume trends. The effect of such stabilization on Molson Coors Beverage Company (NYSE:TAP) is yet unknown. As per an announcement made by the company earlier last month, on January 9, 2026, Molson Coors Beverage Company (NYSE:TAP) is all set to release its Q4 2025 earnings report alongside the full year 2025 earnings results on February 18, 2026.

Molson Coors Beverage Company (NYSE:TAP), founded in 2005 through a merger of through the merger of Molson of Canada and Coors of the United States, is a global leader in the beverage industry, with headquarters in Illinois.

While we acknowledge the potential of TAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Best Pipeline and MLP Stocks to Buy in 2026 and 13 Cheapest Dividend Aristocrats to Invest in.

Disclosure. None.