Monster Beverage (MNST) Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 6 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MNST shares.
View MNST analyst ratings or view top-rated stocks.

21 Wall Street analysts have issued twelve-month price targets for Monster Beverage's stock. Their MNST share price forecasts range from $50.00 to $72.00. On average, they expect the company's share price to reach $61.71 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price.
View analysts price targets for MNST or view top-rated stocks among Wall Street analysts.

Monster Beverage's stock was trading at $50.7650 at the beginning of the year. Since then, MNST shares have increased by 3.5% and is now trading at $52.54.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our MNST earnings forecast.

Monster Beverage Co. (NASDAQ:MNST) announced its quarterly earnings results on Thursday, August, 3rd. The company reported $0.39 EPS for the quarter, meeting analysts' consensus estimates of $0.39. The business earned $1.86 billion during the quarter, compared to analysts' expectations of $1.87 billion. Monster Beverage had a trailing twelve-month return on equity of 19.75% and a net margin of 21.45%. The business's revenue for the quarter was up 12.1% on a year-over-year basis. During the same period last year, the business earned $0.25 earnings per share.
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ETFs with the largest weight of Monster Beverage (NASDAQ:MNST) stock in their portfolio include Invesco Select Growth ETF (IVSG), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Formidable Fortress ETF (KONG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), ClearBridge Large Cap Growth ESG ETF (LRGE) and Invesco Focused Discovery Growth ETF (IVDG).

Shares of Monster Beverage split on the morning of Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly created shares were distributed to shareholders after the closing bell on Monday, March 27th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Monster Beverage announced that its board has authorized a stock buyback program on Thursday, November 3rd 2022, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

114 employees have rated Monster Beverage Chief Executive Officer Rodney C. Sacks on Glassdoor.com. Rodney C. Sacks has an approval rating of 93% among the company's employees. This puts Rodney C. Sacks in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Monster Beverage investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), Starbucks (SBUX), Cisco Systems (CSCO), Intel (INTC), PayPal (PYPL), Home Depot (HD) and Johnson & Johnson (JNJ).

Monster Beverage trades on the NASDAQ under the ticker symbol "MNST."

Monster Beverage's stock is owned by many different retail and institutional investors. Top institutional investors include Park National Corp OH (0.01%). Insiders that own company stock include Ana Demel, Emelie Tirre, Guy Carling, Hilton H Schlosberg, Mark J Hall, Mark Vidergauz and Thomas J Kelly.
View institutional ownership trends.

Shares of MNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MNST stock can currently be purchased for approximately $52.54.

Monster Beverage (NASDAQ:MNST) has a market capitalization of $55.04 billion and generates $6.69 billion in revenue each year. The company earns $1.19 billion in net income (profit) each year or $1.36 on an earnings per share basis.

The company employs 5,296 workers across the globe.

Monster Beverage's mailing address is 1 MONSTER WAY, CORONA CA, 92879. The official website for the company is www.monsterbevcorp.com. The company can be reached via phone at (800) 426-7367, via email at jsfetcu@pondel.com, or via fax at 951-739-6210.