39,203 Shares in Monster Beverage Corporation $MNST Acquired by Accuvest Global Advisors

Key Points

• Accuvest Global Advisors opened a new Monster Beverage position, buying 39,203 shares worth about $1.63 million in the third quarter. The stock represents roughly 1.2% of its portfolio; institutional investors collectively own 72.36% of the company.
• Monster’s third-quarter revenue rose 16.7% year over year and topped analysts’ expectations, while adjusted EPS of $0.30 matched consensus. Reports of rising costs and margin pressure weighed on shares after the results.
• Analyst sentiment remains broadly positive: MarketBeat reported a “Moderate Buy” consensus, with an average price target of $67.05; Wells Fargo and Piper Sandler recently raised their targets while retaining overweight ratings.

Accuvest Global Advisors purchased a new position in Monster Beverage Corporation (NASDAQ:MNST - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 39,203 shares of the company's stock, valued at approximately $1,632,000. Monster Beverage makes up approximately 1.2% of Accuvest Global Advisors' holdings, making the stock its 24th largest holding.

Other institutional investors have also recently made changes to their positions in the company. SteelPeak Wealth LLC lifted its position in Monster Beverage by 101.6% in the 3rd quarter. SteelPeak Wealth LLC now owns 57,569 shares of the company's stock worth $2,396,000 after buying an additional 29,014 shares during the last quarter. Vontobel Holding Ltd. grew its position in Monster Beverage by 97.6% during the third quarter. Vontobel Holding Ltd. now owns 146,109 shares of the company's stock valued at $6,081,000 after acquiring an additional 72,173 shares during the last quarter. Carderock Capital Management Inc. raised its stake in shares of Monster Beverage by 98.6% during the third quarter. Carderock Capital Management Inc. now owns 246,880 shares of the company's stock worth $10,275,000 after acquiring an additional 122,539 shares in the last quarter. First Citizens Bank & Trust Co. lifted its holdings in shares of Monster Beverage by 399.2% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 33,613 shares of the company's stock worth $1,399,000 after acquiring an additional 26,880 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC bought a new stake in shares of Monster Beverage in the 3rd quarter worth approximately $1,907,000. Institutional investors own 72.36% of the company's stock.

Trending Headlines about Monster Beverage

Here are the key news stories impacting Monster Beverage this week:

• Positive Sentiment: International demand drove growth: net sales rose 16.7% year over year to $2.56 billion, with sales outside the U.S. up 28.1% to $1.20 billion—47% of total sales. Adjusted EPS was $0.30, up from $0.28 a year earlier. Monster Beverage Reports 2026 Third Quarter Financial Results
• Positive Sentiment: Wells Fargo raised its price target to $52 from $50 and Piper Sandler lifted its target to $53 from $50.50; both maintained “overweight” ratings, signaling continued analyst optimism. Wells Fargo price-target update Piper Sandler price-target update
• Negative Sentiment: Despite the revenue beat, adjusted earnings matched consensus, and reports cited rising cost pressures and margin weakness. The market’s focus on profitability appears to have outweighed sales growth, with shares falling after the results. Monster Beverage shares slip after Q3 results as margin pressure offsets sales growth

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MNST. Evercore lowered their target price on Monster Beverage from $95.00 to $52.00 in a research note on Thursday, October 8th. Wells Fargo & Company raised their target price on shares of Monster Beverage from $50.00 to $52.00 and gave the stock an "overweight" rating in a report on Friday. Zacks Research upgraded shares of Monster Beverage from a "hold" rating to a "strong-buy" rating in a report on Monday, October 12th. Piper Sandler lifted their target price on shares of Monster Beverage from $50.50 to $53.00 and gave the stock an "overweight" rating in a research note on Friday. Finally, Sanford C. Bernstein lowered their price target on shares of Monster Beverage from $95.00 to $50.00 in a report on Sunday, August 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $67.05.

Monster Beverage Price Performance

MNST opened at $45.72 on Monday. The business has a 50 day simple moving average of $44.71 and a two-hundred day simple moving average of $43.30. The firm has a market capitalization of $89.57 billion, a price-to-earnings ratio of 41.38, a PEG ratio of 2.89 and a beta of 0.51. Monster Beverage Corporation has a one year low of $34.26 and a one year high of $50.17.

Monster Beverage (NASDAQ:MNST - Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.30 earnings per share for the quarter, hitting the consensus estimate of $0.30. The business had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.49 billion. Monster Beverage had a return on equity of 24.99% and a net margin of 22.66%. The business's revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the business posted $0.56 EPS. As a group, sell-side analysts expect that Monster Beverage Corporation will post 1.15 EPS for the current fiscal year.

Monster Beverage Profile

Monster Beverage Corporation develops, markets and sells energy drinks and other beverages. Its portfolio includes Monster Energy, Reign, NOS and Full Throttle, along with products in categories such as sports drinks, juices and alcoholic beverages.

The company traces its roots to Hansen's, a beverage business established in the 1930s. It introduced the Monster Energy brand in 2002 and adopted the Monster Beverage name in 2012.

Based in Corona, California, Monster sells its products in the United States and internationally.

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