JPMorgan Chase & Co. Lowers Celsius (NASDAQ:CELH) Price Target to $67.00

Key Points

• JPMorgan Chase & Co. cut its Celsius price target from $77 to $67 while keeping an "overweight" rating, a level that implies roughly a 100% upside from current share prices.
• Analyst consensus remains broadly positive with an average target of $65.17, 20 Buy ratings and 3 Hold ratings, producing an overall "Moderate Buy" view.
• Celsius shares traded at $33.57 (down ~0.5%) with a market cap of $8.62B and a high P/E (~134), though the company recently posted strong results—Q revenue of $721.6M (up 117% YoY) and an EPS beat.

Celsius (NASDAQ:CELH - Get Free Report) had its price target dropped by research analysts at JPMorgan Chase & Co. from $77.00 to $67.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price points to a potential upside of 99.58% from the company's previous close.

A number of other equities analysts also recently commented on the company. TD Cowen decreased their price target on Celsius from $66.00 to $55.00 and set a "buy" rating for the company in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft set a $41.00 target price on Celsius in a report on Thursday. UBS Group lowered their price target on Celsius from $72.00 to $62.00 and set a "buy" rating for the company in a report on Tuesday, April 7th. Bank of America upgraded Celsius from an "underperform" rating to a "buy" rating and set a $65.00 price objective on the stock in a research note on Friday, February 27th. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $64.00 price objective on shares of Celsius in a report on Tuesday, March 17th. Twenty equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $65.17.

Celsius Trading Down 0.5%

Shares of NASDAQ CELH traded down $0.16 during trading on Monday, hitting $33.57. 6,657,246 shares of the company traded hands, compared to its average volume of 5,841,009. The firm has a market capitalization of $8.62 billion, a P/E ratio of 134.28, a P/E/G ratio of 1.34 and a beta of 0.95. Celsius has a 1 year low of $32.01 and a 1 year high of $66.74. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average price of $39.53 and a 200-day moving average price of $45.74.

Celsius (NASDAQ:CELH - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.07. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The company had revenue of $721.63 million during the quarter, compared to the consensus estimate of $638.17 million. During the same period in the previous year, the firm earned ($0.11) earnings per share. Celsius's revenue for the quarter was up 117.2% on a year-over-year basis. On average, equities analysts predict that Celsius will post 1.59 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. State of Michigan Retirement System lifted its stake in Celsius by 1.9% in the first quarter. State of Michigan Retirement System now owns 38,500 shares of the company's stock valued at $1,366,000 after buying an additional 700 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Celsius by 32.7% in the 1st quarter. Principal Financial Group Inc. now owns 454,856 shares of the company's stock worth $16,138,000 after acquiring an additional 112,135 shares during the period. Diversify Wealth Management LLC increased its holdings in shares of Celsius by 0.4% in the first quarter. Diversify Wealth Management LLC now owns 67,421 shares of the company's stock valued at $2,202,000 after buying an additional 297 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of Celsius by 4,648.1% during the 1st quarter. Fifth Third Bancorp now owns 92,873 shares of the company's stock valued at $3,295,000 after acquiring an additional 90,917 shares during the last quarter. Finally, Sovran Advisors LLC bought a new stake in shares of Celsius during the 1st quarter worth $1,895,000. 60.95% of the stock is currently owned by institutional investors.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company's flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.

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.