Constellation Brands issued a grim fiscal 2026 earnings forecast, causing shares to plummet. High-end beer sales have slowed, impacted by U.S. tariffs. Stock hit a 52-week low at $146.6. Q1 2026 results showed a decline in net sales and profits across beer, wine, and spirits segments.

The company downgraded its fiscal 2026 outlook, with EPS expected to drop significantly. Beer segment sales are forecasted to fall, while wine & spirits remain unchanged. Analysts anticipate a 16.9% YoY decrease in EPS for 2026, followed by a 19% surge in 2027.

Bank of America lowered Constellation Brands’ price target to $142, while Jefferies adjusted it to $179. Wall Street has a “Moderate Buy” consensus on STZ, with a price target of $202.28, suggesting a potential 38% upside. The stock could rally as much as 63% to $239.

Read more at Yahoo Finance: Should You Buy the Post-Earnings Plunge in Constellation Brands Stock?