Needham & Company LLC Lowers Celsius (NASDAQ:CELH) Price Target to $35.00

Key Points

• Needham lowered Celsius’s price target from $55 to $35 while maintaining a “buy” rating, implying roughly 47% upside from the stock’s $23.77 price. Analysts overall remain moderately bullish, with a consensus target of $56.75.
• Celsius shares fell 18.5% as quarterly results missed expectations: EPS was $0.36 versus $0.42 expected, while revenue reached $817.9 million versus an estimated $870.1 million.
• Revenue still grew 10.6% year over year, partly supported by Alani Nu, but profitability weakened due to promotional and other cost pressures, while sales of the core Celsius brand turned negative.

Celsius (NASDAQ:CELH - Get Free Report) had its price objective cut by investment analysts at Needham & Company LLC from $55.00 to $35.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Needham & Company LLC's price target suggests a potential upside of 47.24% from the company's current price.

CELH has been the topic of several other reports. JPMorgan Chase & Co. reduced their price target on Celsius from $77.00 to $67.00 and set an "overweight" rating on the stock in a research report on Monday, May 4th. Jefferies Financial Group reissued a "buy" rating on shares of Celsius in a research note on Tuesday, May 19th. Bank of America reduced their target price on Celsius from $55.00 to $45.00 and set a "buy" rating on the stock in a report on Wednesday, June 24th. BNP Paribas Exane restated an "outperform" rating and set a $57.00 target price (down from $70.00) on shares of Celsius in a research report on Tuesday, May 26th. Finally, UBS Group lowered their price target on Celsius from $55.00 to $50.00 and set a "buy" rating for the company in a research note on Tuesday, June 30th. Twenty analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $56.75.

Celsius Trading Down 18.5%

Shares of NASDAQ CELH opened at $23.77 on Thursday. Celsius has a fifty-two week low of $23.56 and a fifty-two week high of $66.74. The firm has a market capitalization of $6.08 billion, a P/E ratio of 55.28, a P/E/G ratio of 1.29 and a beta of 0.95. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43. The company's 50 day simple moving average is $29.54 and its 200 day simple moving average is $36.67.

Celsius (NASDAQ:CELH - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.06). The business had revenue of $817.93 million for the quarter, compared to analyst estimates of $870.09 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.Celsius's revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. On average, analysts predict that Celsius will post 1.58 EPS for the current year.

Insider Activity

In other Celsius news, CEO John Fieldly purchased 8,475 shares of the company's stock in a transaction dated Friday, May 22nd. The shares were bought at an average price of $29.36 per share, with a total value of $248,826.00. Following the completion of the transaction, the chief executive officer directly owned 937,540 shares in the company, valued at $27,526,174.40. This trade represents a 0.91% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Hal Kravitz acquired 8,400 shares of the business's stock in a transaction dated Friday, May 22nd. The shares were acquired at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the acquisition, the director directly owned 227,158 shares in the company, valued at $6,753,407.34. This represents a 3.84% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.33% of the company's stock.

Institutional Trading of Celsius

Several hedge funds have recently bought and sold shares of the stock. Flagship Harbor Advisors LLC bought a new stake in shares of Celsius during the fourth quarter worth $31,000. Fideuram Asset Management Ireland dac bought a new stake in Celsius in the 4th quarter valued at $31,000. Brown Brothers Harriman & Co. lifted its position in Celsius by 1,020.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company's stock valued at $32,000 after acquiring an additional 500 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Celsius by 244.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company's stock worth $52,000 after purchasing an additional 794 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in Celsius by 27.8% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company's stock worth $53,000 after purchasing an additional 237 shares during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds.

More Celsius News

Here are the key news stories impacting Celsius this week:

• Positive Sentiment: Revenue increased 10.6% year over year to approximately $817.9 million, with growth supported in part by the Alani Nu portfolio. The results show continued sales expansion despite a challenging quarter. Celsius Holdings revenue growth and profit pressures
• Neutral Sentiment: Unusual options activity accompanied the earnings release, with 53,514 call options purchased—about 76% above average volume. This may indicate speculative bullish interest, but it does not necessarily signal a fundamental change in the company’s outlook.
• Negative Sentiment: Adjusted earnings were $0.36 per share, below the $0.42 analyst consensus and down from $0.47 in the year-earlier quarter. Revenue also missed estimates of approximately $870.1 million. Celsius Q2 earnings and revenue miss estimates
• Negative Sentiment: Profitability weakened as promotional spending and other cost pressures reduced margins. Investors were particularly concerned that sales for the namesake Celsius brand turned negative, potentially offsetting growth from Alani Nu. Celsius namesake brand sales turn negative

About Celsius

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.

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