Why Constellation Brands stock could be a top value pick heading into 2026

Constellation Brands stock is undervalued due to recent consumer spending softness, presenting a rare buying opportunity. Despite a 35% year-to-date drop, the company boasts strong beer brands gaining market share. Sales declined 15% last quarter, partly due to asset sales, but beer remains dominant. Imported beer trends favor Constellation's portfolio. The stock offers a high dividend yield and attractive price-to-free-cash-flow multiple, suggesting potential for value growth. Management is optimistic about long-term growth, making it a top value pick heading into 2026.