Monster Beverage (NASDAQ:MNST) Price Target Raised to $101.00

Key Points

• Piper Sandler raised Monster Beverage’s price target from $94 to $101 and maintained an “overweight” rating, implying 12.32% upside from the previous close. The stock has a consensus “Moderate Buy” rating and an average target of $95.55.
• Monster beat quarterly expectations, reporting $0.60 in earnings per share versus the $0.58 consensus and $2.50 billion in revenue versus $2.43 billion expected. Revenue grew 20.2% year over year, driven partly by international demand.
• Shares fell 4.5% to $89.92 despite the results, while the company also announced a $500 million share-buyback authorization and a 2-for-1 stock split scheduled for August 11.

Monster Beverage (NASDAQ:MNST - Get Free Report) had its target price upped by stock analysts at Piper Sandler from $94.00 to $101.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an "overweight" rating on the stock. Piper Sandler's target price would indicate a potential upside of 12.32% from the company's previous close.

A number of other research firms also recently commented on MNST. Deutsche Bank Aktiengesellschaft downgraded Monster Beverage from a "buy" rating to a "hold" rating and upped their price objective for the company from $94.00 to $98.00 in a report on Monday, July 20th. Rothschild & Co Redburn raised Monster Beverage from a "neutral" rating to a "buy" rating and upped their price target for the company from $76.00 to $90.00 in a research note on Wednesday, May 6th. Weiss Ratings lowered shares of Monster Beverage from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 23rd. UBS Group increased their target price on shares of Monster Beverage from $104.00 to $105.00 and gave the stock a "neutral" rating in a report on Friday. Finally, Evercore boosted their price target on shares of Monster Beverage from $95.00 to $105.00 and gave the company an "outperform" rating in a report on Friday. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Monster Beverage has an average rating of "Moderate Buy" and a consensus target price of $95.55.

Monster Beverage Trading Down 4.5%

Shares of MNST traded down $4.24 on Friday, reaching $89.92. 3,065,739 shares of the company's stock were exchanged, compared to its average volume of 5,789,246. The business has a 50 day moving average price of $94.29 and a two-hundred day moving average price of $84.71. Monster Beverage has a 12 month low of $60.97 and a 12 month high of $100.34. The stock has a market capitalization of $87.94 billion, a P/E ratio of 43.36, a price-to-earnings-growth ratio of 3.07 and a beta of 0.53.

Shares of Monster Beverage are going to split on Tuesday, August 11th. The 2-1 split was announced on Wednesday, July 8th. The newly issued shares will be distributed to shareholders after the closing bell on Monday, August 10th.

Monster Beverage (NASDAQ:MNST - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.02. The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.43 billion. Monster Beverage had a net margin of 23.11% and a return on equity of 26.86%. The business's quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.52 EPS. Equities research analysts predict that Monster Beverage will post 2.31 EPS for the current year.

Monster Beverage announced that its Board of Directors has initiated a share buyback plan on Friday, May 15th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 0.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.

Insider Transactions at Monster Beverage

In other news, Director Mark J. Hall sold 54,000 shares of Monster Beverage stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $85.81, for a total value of $4,633,740.00. Following the sale, the director directly owned 299,246 shares in the company, valued at $25,678,299.26. This trade represents a 15.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Emelie Tirre sold 88,700 shares of the business's stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $85.96, for a total transaction of $7,624,652.00. Following the completion of the sale, the insider directly owned 81,763 shares in the company, valued at approximately $7,028,347.48. This represents a 52.03% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 178,700 shares of company stock worth $15,457,562. Insiders own 8.10% of the company's stock.

Institutional Investors Weigh In On Monster Beverage

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its stake in shares of Monster Beverage by 397.9% during the 1st quarter. Jones Financial Companies Lllp now owns 15,201 shares of the company's stock worth $890,000 after purchasing an additional 12,148 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Monster Beverage by 247.7% in the second quarter. Sivia Capital Partners LLC now owns 12,986 shares of the company's stock valued at $813,000 after acquiring an additional 9,251 shares during the last quarter. Cresset Asset Management LLC grew its position in shares of Monster Beverage by 23.9% in the 2nd quarter. Cresset Asset Management LLC now owns 6,652 shares of the company's stock valued at $417,000 after acquiring an additional 1,281 shares during the period. Federated Hermes Inc. grew its position in shares of Monster Beverage by 55.9% in the 2nd quarter. Federated Hermes Inc. now owns 4,798 shares of the company's stock valued at $301,000 after acquiring an additional 1,721 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of Monster Beverage by 151.7% during the 2nd quarter. NewEdge Advisors LLC now owns 34,075 shares of the company's stock worth $2,134,000 after purchasing an additional 20,538 shares during the last quarter. 72.36% of the stock is currently owned by institutional investors and hedge funds.

Key Monster Beverage News

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

• Positive Sentiment: Strong Q2 results: Monster reported earnings of $0.60 per share, above analyst estimates of $0.58-$0.59, while revenue reached $2.50 billion versus the $2.43 billion consensus. Revenue increased 20.2% year over year, supported by continued growth in the core energy-drink business. Monster Beverage earnings report
• Positive Sentiment: International momentum: Management attributed much of the sales increase to demand outside the United States, reinforcing Monster’s global growth opportunity. Monster Beverage sees sales jump on international growth
• Positive Sentiment: More favorable Evercore view: Evercore raised its price target from $95 to $105 and upgraded its rating to “outperform,” implying approximately 15% potential upside from the cited share price.
• Neutral Sentiment: Mixed analyst signal: UBS also lifted its target from $104 to $105 but maintained a “neutral” rating, indicating that it sees limited conviction despite the higher valuation estimate.
• Neutral Sentiment: Pricing and investor updates: Monster outlined selective pricing actions for the fourth quarter of 2026 and scheduled an investor meeting for December 1. Pricing could support revenue, but investors may monitor whether higher prices affect demand. Monster pricing actions and investor meeting
• Negative Sentiment: Valuation and expectations: With MNST trading at a relatively elevated earnings multiple, the stock may be facing profit-taking or high expectations even after beating quarterly estimates. The modest target increases and UBS’s neutral rating provide limited additional upside catalysts.

Monster Beverage Company Profile

Monster Beverage Corporation NASDAQ: MNST is an American beverage company best known for its Monster Energy brand of energy drinks. The company's product portfolio centers on carbonated energy beverages and a range of complementary ready-to-drink offerings, including energy coffees, hydration beverages and other flavored functional drinks. Monster markets multiple sub-brands and flavor variants to address different consumer segments and consumption occasions.

Originally organized around the Hansen's Natural line of juices and sodas, the company pivoted toward the energy drink category and formally adopted the Monster Beverage name in the early 2010s to reflect its strategic focus.

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.

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