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 in the US, Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and nonbeer beverage categories under partner brands from Heineken, Anheuser-Busch InBev, Asahi, Fever-Tree, and Coca-Cola. North America remains its largest market, accounting for nearly 80% of total revenue.

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

As of October 16, 2026, TAP stock price climbed to $39.52 with 2,413,385 million shares trading.

TAP has a beta of -0.32, meaning it tends to be less sensitive to market movements. TAP has a correlation of 0.02 to the broad based SPY ETF.

TAP has a market cap of $7.42 billion. This is considered a Mid Cap stock.

Last quarter Molson Coors Beverage Company Class B reported $3 billion in Revenue and $1.58 earnings per share. This fell short of revenue expectation by $-7 million and exceeded earnings estimates by $.05.

In the last 3 years, TAP traded as high as $69.18 and as low as $35.52.

The top ETF exchange traded funds that TAP belongs to (by Net Assets): IJR, VTI, DFSV, VB, DFAT.

TAP has underperformed the market in the last year with a return of -11.9%, while the SPY ETF gained +16.7%. In the last 3 month period, TAP fell short of the market, returning -4.3%, while SPY returned +1.9%. However, in the most recent 2 weeks TAP has outperformed the stock market by returning +7.2%, while SPY returned -0.8%.

TAP support price is $38.30 and resistance is $39.76 (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.