PerpEquities

Equity · Consumer defensive

Molson Coors Beverage Company (TAP) perpetual futures

TAP perpetual futures on 1 crypto exchange – live perp price vs the stock, funding rate, open interest and where to trade TAPUSDT.

Molson Coors Beverage Company produces, markets and sells beer, flavored malt beverages, craft beers and ready-to-drink products across the Americas, Europe, the Middle East, Africa and Asia Pacific.

$40.85—NYSE closed
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Price chart

 

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venue perp mark · Helix (Injective) (TAP/USDC)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

1/1 live markets
Venues
1
Live markets
1/1
24h volume
-Coverage: 0/1 markets
Open interest
-Coverage: 0/1 markets
Best liquidity
$0
Helix (Injective)
Tightest spread
-
Highest volume
-
Settlement mix
USDC · 1/1
Perp/spot vol.
-
Spot volume $101.3M
OI / float
-
Float $6.1B
Spot performance
1D+3.24%
5D+3.05%
1M+4.64%
6M0.00%
YTD-12.51%
1Y-10.48%

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
Helix (Injective)TradeTAP/USDCTrading$40.85+3.6% APR
+0.00042% every 1h
-$0--USDC12x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

No sufficient depth · 0 of 1 venues absorb $10k

No fresh book data: Helix (Injective)

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

TAP

Tightest spread

-
No live data-

Highest volume

-
No live data-

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q3 '26 · filed 2026-11-05 · next report 2027-02-17 · Updated 18m ago
All financials →

Valuation & key figures

Market cap
$7.59B
Updated 18m ago
Revenue
$11B
Trailing 12 months
Revenue growth
-1%
FY2026 consensus
Profit margin
8.1%
Net income / revenue, TTM
P/E
8.7×
Forward 9.1× (FY2026)
P/S
0.7×
Price / sales, TTM
Peer P/E
19.3×
Similar listed perps
EV / EBITDA
6.6×
TTM
Free cash flow
$1.17B
Trailing 12 months
Net income
$893M
Trailing 12 months
Revenue estimate
$11B
FY2026 consensus
Earnings
2027-02-17
Revenue est. $2.6B · Updated 18m ago
Dividend
$0.48
Per payment · 2026-08-28
Revenue (TTM)$11B-1.6% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)11.8%+32.1 pp vs a year agoOperating income $1.3B
Net income (TTM)$893M+142.7% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$1.17B+6.9% vs a year agoCapex $652M
Diluted EPS (TTM)$4.70+144.0% vs a year agoSum of the last 4 quarters
Net cash-$5.59B-4.7% vs a year agoCash + short-term investments - debt
  • Last report (2026-11-05): revenue in line, EPS beat by 1.4%Revenue $2.93B vs $2.94B expected (-0.3%); EPS $1.46 vs $1.44 (+1.4%).
  • Revenue growth steady: -1.6% year on yearQ3 '26 revenue $2.93B, against an average of -1.5% over the four quarters before.
  • Operating margin 11.8% (TTM), +32.1 pp on a year agoOperating income grew 157.2% while revenue grew -1.6%.
  • 19.8% of pre-tax profit is eaten by non-operating lossesPre-tax income $1.09B vs operating income $1.3B (TTM). Losses on equity stakes and other one-off items cut net income and EPS - operating income is the cleaner measure of the business.

Revenue, operating income and growth

quarterly
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates · all 297 lines Molson Coors Beverage Company reported to the SEC

Next catalyst

Catalysts

Earnings
2027-02-17
Revenue est. $2.6B · Updated 18m ago
Dividend
$0.48
2026-08-28

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20264.49$11B-1%12
FY 20274.39$10.9B0%12
FY 20284.77$10.9B0%8
FY 20295.69$10.9B0%5
FY 20305.99$11.1B+1%5
Q1 20270.45$2.3B-1%9
Source: FMP · Consensus

Company events

6
2027-02-17EarningsActual - / Estimate 0.8-
2026-11-05EarningsActual 1.46 / Estimate 1.44Beat
2026-08-28Dividend$0.48-
2026-08-06EarningsActual 1.58 / Estimate 1.51Beat
2026-05-29Dividend$0.48-
2026-04-30EarningsActual 0.62 / Estimate 0.36Beat

Peer comparison

Similar listed perps

Company data

Company intelligence

Updated: Nov 15, 2026, 02:11 PM UTC

Company profile

Sector
Consumer Defensive
Industry
Beverages - Alcoholic
Chief executive
Rahul Goyal
Employees
16,200
IPO date
Jun 12, 1975
Country
US
Exchange
New York Stock Exchange
Website
Altman Z-scorei1.41
Piotroski scorei7/9
Overall ratingiA
Owner earningsi$307.02M$1.64 per share
ESG risk ratingiB+Industry rank: 1/12

Rating factors

Return on equityi
3/5
Return on assetsi
3/5
Debt to equityi
2/5
Price to earningsi
4/5
Price to booki
5/5
Market cap history
$7.62B-0.3%Aug 2026 – Nov 2026
$6.80B$7.43B$8.06BHigh: $8.06B · 2026-11-02Low: $6.80B · 2026-09-28Latest: $7.62B · 2026-11-13Aug 2026Sep 2026Oct 2026Nov 2026
Latest: $7.62B · 2026-11-13High: $8.06B · 2026-11-02Low: $6.80B · 2026-09-28
Largest fund holders
FundWeightShares held
IJR0.36%9.6M
XAW.TO0.01%9.6M
AFTY1.39%5.2M
VTI0.01%4.7M
VB0.07%3.3M
DFSV0.47%3.3M
VEIPX0.18%3.2M
DFAT0.33%2.6M
VECA.S0.05%2.5M
VBR0.12%2.2M
VXF0.07%1.8M
SPSM0.36%1.5M

Analyst track record

How the analysts covering TAP have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings104307
Analysts2126
Buy / hold / sell23 / 58 / 2382 / 174 / 51
Upgrades / downgrades / initiations0 / 5 / 04 / 11 / 4
Price targets hit / missed17 / 86 (17%)17 / 282 (6%)
Avg. return after a rating (TipRanks)-8.2%-22.7%
Best / worst call+13.4% / -33.1%+13.4% / -53.0%

After buy calls on this stock: not enough measured cases yet

Latest ratings

DateAnalystCallTarget
Nov 9, 2026Eric SerottaMorgan StanleyNov 9, 2026HoldReiterated$42.00↗
Nov 9, 2026Drew LevineJ.P. MorganNov 9, 2026SellDowngraded$37.00↗
Nov 6, 2026Peter GromUBSNov 6, 2026HoldMaintained$44.00↗
Nov 6, 2026Michael LaveryPiper SandlerNov 6, 2026HoldMaintained$43.00↗
Nov 6, 2026Peter GalboBank of America SecuritiesNov 6, 2026SellReiterated$36.00↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$36.00$38.00$40.00$42.00$44.00$46.00$48.00$50.00$52.00Dec 25 · Buy 5 · Hold 13 · Sell 2Dec 25Jan 26 · Buy 5 · Hold 13 · Sell 3Feb 26 · Buy 5 · Hold 11 · Sell 3Feb 26Mar 26 · Buy 5 · Hold 11 · Sell 3Apr 26 · Buy 5 · Hold 11 · Sell 3Apr 26May 26 · Buy 5 · Hold 11 · Sell 3Jun 26 · Buy 5 · Hold 12 · Sell 3Jun 26Jul 26 · Buy 5 · Hold 12 · Sell 2Aug 26 · Buy 6 · Hold 12 · Sell 2Aug 26Sep 26 · Buy 6 · Hold 12 · Sell 2Oct 26 · Buy 6 · Hold 12 · Sell 2Oct 26Nov 26 · Buy 4 · Hold 10 · Sell 4Dec 25 · avg. target $51.50Jan 26 · avg. target $51.24Feb 26 · avg. target $49.21Mar 26 · avg. target $48.16Apr 26 · avg. target $47.37May 26 · avg. target $46.53Jun 26 · avg. target $46.11Jul 26 · avg. target $45.00Aug 26 · avg. target $46.10Sep 26 · avg. target $46.00Oct 26 · avg. target $44.65Nov 26 · avg. target $42.78Dec 25 · month-end close $46.68Jan 26 · month-end close $48.04Feb 26 · month-end close $48.99Mar 26 · month-end close $43.06Apr 26 · month-end close $42.74May 26 · month-end close $39.53Jun 26 · month-end close $38.96Jul 26 · month-end close $41.56Aug 26 · month-end close $39.76Sep 26 · month-end close $36.47Oct 26 · month-end close $40.12Nov 26 · month-end close $40.84

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Nov 14, 2026 · 104 ratings

Frequently asked questions

Where can I trade TAP perpetual futures?

Molson Coors Beverage Company (TAP) perpetual futures trade on one crypto venue: Helix (Injective). PerpEquities shows its live price, funding rate, open interest and liquidity.

Can I trade TAP around the clock?

Yes. Unlike the underlying stock, TAP perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on TAP perpetuals?

Right now the TAP perp funding rate is +3.6% annualized (one venue). A positive rate means longs pay shorts. PerpEquities shows the live rate and its history.

How does the TAP perp price compare to the Molson Coors Beverage Company stock?

The venue-median TAP perp mark is $40.9 versus a reference stock price of $40.9, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a TAP perpetual future?

A TAP perpetual is a derivative that tracks the price of Molson Coors Beverage Company with no expiry date. It lets you take long or short exposure to Molson Coors Beverage Company on crypto venues, around the clock.

What is TAPUSDT perpetual?

TAPUSDT is the symbol most crypto exchanges use for the Molson Coors Beverage Company perpetual settled in USDT (Tether). It tracks the TAP share price through an index, trades 24/7 with leverage and never expires.

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