Molson Coors, US60871R2094

Wells Fargo cuts target for Molson Coors stock from USD 41.00 to USD 38.00

Published on 10/06/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 3.30 percent to USD 3.10 billion. Molson Coors stock costs EUR 32.82 on October 6, 2026 after EUR 32.58, plus 0.74 percent.

Modernes Glashochhaus mit Wasserbecken und Springbrunnen im Vordergrund — Architektur-Render eines gläsernen Firmensitzes repräsentiert Molson Coors Beverage, ISIN US60871R2094, mit moderner Fassade und Springbrunnen, Illustration mit AI erstellt.

Molson Coors (ISIN US60871R2094) was trading at EUR 32.82 at Lang & Schwarz on October 6, 2026 at 10:47 a.m. CEST, with a change of plus 0.74 percent versus the EUR 32.58 prior close. On October 5, 2026, Wells Fargo cut its price target for Molson Coors stock from USD 41.00 to USD 38.00 and kept an equal weight rating, according to MarketBeat.

Wells Fargo cuts target to USD 38.00

The target reduction adds a fresh valuation signal after a difficult operating quarter for the brewer. Wells Fargo's USD 38.00 target is USD 3.00 below its previous USD 41.00 target, while the equal weight rating points to a neutral stance in the cited report.

The broader analyst picture is also measured. MarketBeat reported on September 26, 2026 that 11 analysts held a Hold rating, four rated the stock a Sell and four rated it a Buy, with an average 12-month target of USD 44.06, according to MarketBeat.

Revenue falls as costs rise

Molson Coors reported USD 3.10 billion in revenue for the second quarter of 2026, down 3.30 percent from the prior-year quarter. Earnings per share came in at USD 1.58, above the USD 1.51 consensus estimate, but below USD 2.05 in the same quarter of 2025, according to MarketBeat.

Management reaffirmed fiscal 2026 guidance during the August 6, 2026 earnings call. The company also cited a three-year USD 450.00 million cost savings program, while Midwest premium inflation is expected to exceed USD 130.00 million for fiscal 2026, according to the Yahoo Finance transcript.

The euro quote and NYSE context

The Lang & Schwarz quote puts the stock at EUR 32.82 against a prior close of EUR 32.58 on October 6, 2026. The primary listing is on the NYSE, where the stock was last at USD 36.52 on October 5, 2026 at 4:00 p.m. ET; the same market context showed a 52-week range of USD 35.52 to USD 54.82 and market capitalization of USD 6.90 billion, according to MarketBeat. The combination of falling revenue, cost inflation and a lower Wells Fargo target leaves the operating recovery dependent on pricing, portfolio changes and savings delivery. The further course of trading is shown by the continuously updated real-time quote of Molson Coors stock.