Constellation Brands Earns Analyst Support As Q4 Beat Sets Stage For Strategic Reset

Constellation Brands Inc STZ reported upbeat fourth-quarter sales on Wednesday.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

Roth Capital Partners On Constellation Brands

Analyst Nick Anderson maintained a Buy rating and price target of $256.

Constellation Brands reported a decline of 1.8% in beer shipments, Anderson said in a note. "4Q marks the first negative depletions quarter since FY’10," he added.

The company's beer net sales stood at $1.70 billion, with consolidated net sales of $2.16 billion, above consensus of $2.13 billion, and adjusted earnings of $2.63 per share, beating consensus of $2.28 per share, the analyst stated. Taking into account the impact of tariffs and the Wine Divestitures, Constellation Brands gave its fiscal 2026 guidance below consensus, he said.

Check out other analyst stock ratings.

Needham On Constellation Brands

Analyst Gerald Pascarelli reiterated a Buy rating and price target of $215.

Constellation Brands' quarterly performance is "largely irrelevant given all the other news, including the sale of its low-end wine business and a notably lower outlook on beer," Pascarelli said. Management guided to fiscal 2026 beer sales growth of between flat to 3%, while meaningfully lowering their mid-term targets, 2%-4% growth in fiscal 2027 and 2028, from their previous outlook of 7%-9%, he added.

"STZ’s FY26 EPS guidance of $12.60-$12.90 embeds a tariff impact on Mexico / Canada, which was not quantified, and will likely be a key focus on their upcoming earnings call," the analyst wrote. The conservatism sets the company up for meeting the new set of targets, he further stated.

STZ Price Action: Shares of Constellation Brands had declined by 1.6% to $180.41 at the time of publication on Thursday.

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