Monster Beverage Corporation $MNST Stock Position Lifted by Parallel Advisors LLC

Key Points

• Parallel Advisors increased its Monster Beverage position by 88.9% in the third quarter, adding 83,751 shares to hold 178,005 shares worth about $7.4 million. Institutional investors and hedge funds collectively own 72.36% of the company.
• Monster reported quarterly EPS of $0.30, in line with estimates, while revenue of $2.53 billion exceeded forecasts and rose 16.7% year over year. International sales helped drive growth, increasing 28.1% and accounting for 47% of total sales.
• Shares came under pressure amid concerns about costs and margins, despite revenue growth; analysts cited profitability concerns following results. Some brokerages raised price targets, and MarketBeat reported a “Moderate Buy” consensus rating.

Parallel Advisors LLC raised its holdings in Monster Beverage Corporation (NASDAQ:MNST - Free Report) by 88.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 178,005 shares of the company's stock after acquiring an additional 83,751 shares during the period. Parallel Advisors LLC's holdings in Monster Beverage were worth $7,409,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of MNST. BlackRock Inc. acquired a new stake in shares of Monster Beverage in the 2nd quarter valued at approximately $5,770,004,000. Bank of America Corp DE bought a new stake in shares of Monster Beverage during the 2nd quarter valued at approximately $1,195,360,000. Ninety One UK Ltd grew its holdings in shares of Monster Beverage by 89.1% during the 3rd quarter. Ninety One UK Ltd now owns 13,105,329 shares of the company's stock valued at $545,444,000 after purchasing an additional 6,175,047 shares during the last quarter. Jupiter Topco LLC acquired a new position in Monster Beverage during the 2nd quarter worth approximately $593,075,000. Finally, Legal & General Group Plc acquired a new position in Monster Beverage during the 2nd quarter worth approximately $478,694,000. Institutional investors and hedge funds own 72.36% of the company's stock.

Monster Beverage Trading Down 4.4%

NASDAQ:MNST opened at $45.72 on Friday. The stock has a market cap of $89.57 billion, a P/E ratio of 41.38, a price-to-earnings-growth ratio of 2.88 and a beta of 0.51. The stock's 50-day moving average is $44.71 and its 200-day moving average is $43.30. Monster Beverage Corporation has a 1-year low of $34.26 and a 1-year high of $50.17.

Monster Beverage (NASDAQ:MNST - Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.30. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.49 billion. Monster Beverage had a net margin of 22.66% and a return on equity of 25.75%. The firm's quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the business earned $0.56 EPS. As a group, equities analysts forecast that Monster Beverage Corporation will post 1.15 EPS for the current year.

Key Stories Impacting 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 Analyst Weigh In

Several brokerages recently commented on MNST. Stifel Nicolaus set a $52.00 price objective on shares of Monster Beverage in a research note on Thursday, October 22nd. JPMorgan Chase & Co. decreased their target price on shares of Monster Beverage from $49.50 to $49.00 and set a "neutral" rating on the stock in a research note on Monday, October 26th. BNP Paribas Exane reiterated a "neutral" rating and set a $98.00 price target (up from $84.00) on shares of Monster Beverage in a report on Monday, September 28th. The Goldman Sachs Group reiterated a "buy" rating and set a $55.00 price target on shares of Monster Beverage in a report on Friday. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $48.50 price target (down from $97.00) on shares of Monster Beverage in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $67.05.

About Monster Beverage

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.