Monster Beverage - MNST Stock Forecast, Price & News

18 Wall Street 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 analysts is that investors should "buy" MNST shares.
View MNST analyst ratings or view top-rated stocks.

18 analysts have issued twelve-month price objectives for Monster Beverage's shares. Their MNST share price forecasts range from $90.00 to $118.00. On average, they anticipate the company's stock price to reach $106.67 in the next year. This suggests a possible upside of 4.4% 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 $101.53 on January 1st, 2023. Since then, MNST stock has increased by 0.6% and is now trading at $102.18.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our MNST earnings forecast.

Monster Beverage Co. (NASDAQ:MNST) posted its quarterly earnings data on Thursday, November, 4th. The company reported $0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by $0.04. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.39 billion. Monster Beverage had a net margin of 19.46% and a trailing twelve-month return on equity of 17.91%. Monster Beverage's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the business earned $0.65 earnings per share.
Read the conference call transcript.

Monster Beverage shares split on the morning of Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly issued 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 announced 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 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 typically an indication 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 a variety of institutional and retail investors. Top institutional investors include Nordea Investment Management AB (0.55%), Swiss National Bank (0.31%), Fort Washington Investment Advisors Inc. OH (0.24%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Natixis Advisors L.P. (0.20%) and California Public Employees Retirement System (0.16%). 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.
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.
Compare Top Brokerages Here.

One share of MNST stock can currently be purchased for approximately $102.18.

Monster Beverage (NASDAQ:MNST) has a market capitalization of $53.31 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.