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.
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18 brokerages have issued 1 year target prices for Monster Beverage's stock. Their MNST share price forecasts range from $90.00 to $118.00. On average, they expect the company's stock price to reach $106.67 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
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Monster Beverage's stock was trading at $101.53 at the beginning of the year. Since then, MNST shares have increased by 1.2% and is now trading at $102.79.
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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) posted its quarterly earnings data on Thursday, November, 3rd. The company reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.02. The business earned $1.62 billion during the quarter, compared to the consensus estimate of $1.65 billion. Monster Beverage had a net margin of 19.46% and a trailing twelve-month return on equity of 17.91%. The business's quarterly revenue was up 15.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.63 EPS.
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Monster Beverage's stock 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 distributed to shareholders after the market closes 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 has authorized a stock buyback program on Thursday, November 3rd 2022, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board of directors 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 many different retail and institutional investors. Top institutional investors include Natixis Advisors L.P. (0.20%), Assenagon Asset Management S.A. (0.12%), New York State Teachers Retirement System (0.08%), Sather Financial Group Inc (0.07%), Ferguson Wellman Capital Management Inc. (0.06%) and Villere ST Denis J & Co. LLC (0.06%). 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 $102.79.

Monster Beverage (NASDAQ:MNST) has a market capitalization of $53.63 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.