Monster Beverage - MNST Stock Forecast, Price & News

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MNST shares.
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18 brokerages have issued 12-month target prices for Monster Beverage's shares. Their MNST share price forecasts range from $90.00 to $118.00. On average, they predict the company's share price to reach $106.67 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price.
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Monster Beverage's stock was trading at $101.53 at the beginning of 2023. Since then, MNST shares have decreased by 0.1% and is now trading at $101.40.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
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Monster Beverage Co. (NASDAQ:MNST) issued its quarterly earnings results on Thursday, November, 4th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.04. The business had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.39 billion. Monster Beverage had a net margin of 19.46% and a trailing twelve-month return on equity of 17.91%. The firm's revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.65 EPS.
Read the conference call transcript.

Shares of Monster Beverage split on Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly created shares were payable to shareholders after the closing bell on Wednesday, November 9th 2016. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Monster Beverage declared that its Board of Directors has initiated a share buyback plan on Thursday, November 3rd 2022, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 1% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its shares are 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 a variety of institutional and retail investors. Top institutional investors include Fort Washington Investment Advisors Inc. OH (0.24%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Natixis Advisors L.P. (0.20%), Assenagon Asset Management S.A. (0.12%), ProShare Advisors LLC (0.08%) and New York State Teachers Retirement System (0.08%). Insiders that own company stock include Benjamin Polk, Emelie Tirre, Guy Carling, Hilton H Schlosberg, Mark J Hall, Mark Vidergauz, Sydney Selati and Thomas J Kelly.
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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 $101.40.

Monster Beverage (NASDAQ:MNST) has a market capitalization of $52.90 billion and generates $5.54 billion in revenue each year. The company earns $1.38 billion in net income (profit) each year or $2.26 on an earnings per share basis.

The company employs 4,092 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 (951) 739-6200, via email at jsfetcu@pondel.com, or via fax at 951-739-6210.