TAP Stock Summary and Trading Ideas (Molson Coors Beverage Company Class B | NYSE:TAP)

Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling and ranks as the second-largest beer maker in both value and volume terms in the US, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the US, given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.

Molson Coors Beverage Company Class B trades on the NYSE stock market under the symbol TAP.

As of December 17, 2025, TAP stock price climbed to $48.06 with 1,963,420 million shares trading.

TAP has a beta of 0.27, meaning it tends to be less sensitive to market movements. TAP has a correlation of 0.03 to the broad based SPY ETF.

TAP has a market cap of $9.72 billion. This is considered a Mid Cap stock.

Last quarter Molson Coors Beverage Company Class B reported $3 billion in Revenue and $1.67 earnings per share. This fell short of revenue expectation by $-44 million and missed earnings estimates by -$.04.

In the last 3 years, TAP traded as high as $70.90 and as low as $42.94.

The top ETF exchange traded funds that TAP belongs to (by Net Assets): VTI, VOO, VB, RSP, VBR.

TAP has underperformed the market in the last year with a return of -16.2%, while SPY returned +11.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TAP shares. However, TAP has outperformed the market in the last 3 month and 2 week periods, returning +2.3% and +4.4%, while SPY returned +2.0% and -1.5%, respectively. This indicates TAP has been having a stronger performance recently.

TAP support price is $46.99 and resistance is $48.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TAP shares will trade within this expected range on the day.