Celsius (NASDAQ:CELH) Price Target Raised to $77.00 at JPMorgan Chase & Co.

Celsius (NASDAQ:CELH) had its price target increased by stock analysts at JPMorgan Chase & Co. from $68.00 to $77.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 44.28% from the company’s previous close.

A number of other research analysts have also recently commented on CELH. UBS Group reiterated a “buy” rating and set a $70.00 price target (up from $65.00) on shares of Celsius in a research report on Wednesday, January 14th. Roth Mkm reaffirmed a “buy” rating on shares of Celsius in a report on Thursday, October 2nd. KeyCorp began coverage on shares of Celsius in a research report on Tuesday, December 16th. They issued a “sector weight” rating on the stock. Citigroup lowered their price target on shares of Celsius from $73.00 to $65.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Celsius in a research note on Thursday, November 6th. Eighteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Celsius currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.33.

Celsius Price Performance

CELH traded down $0.54 during trading on Thursday, reaching $53.37. The stock had a trading volume of 2,912,232 shares, compared to its average volume of 4,108,773. The business has a 50-day moving average of $46.78 and a 200-day moving average of $51.80. Celsius has a one year low of $21.10 and a one year high of $66.74. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.61 and a current ratio of 1.89. The stock has a market cap of $13.76 billion, a PE ratio of 533.70, a PEG ratio of 0.91 and a beta of 0.89.

Celsius (NASDAQ:CELH) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.14. The firm had revenue of $725.11 million during the quarter, compared to analysts’ expectations of $703.68 million. Celsius had a return on equity of 41.88% and a net margin of 3.03%.Celsius’s revenue was up 172.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Celsius will post 0.89 EPS for the current fiscal year.

Insider Transactions at Celsius

In other Celsius news, Director Hal Kravitz purchased 10,000 shares of the stock in a transaction on Thursday, November 13th. The stock was acquired at an average price of $45.24 per share, with a total value of $452,400.00. Following the transaction, the director directly owned 216,147 shares of the company’s stock, valued at approximately $9,778,490.28. This trade represents a 4.85% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Celsius

Several hedge funds have recently made changes to their positions in CELH. Pictet Asset Management Holding SA grew its stake in shares of Celsius by 21.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 608,890 shares of the company’s stock worth $27,851,000 after acquiring an additional 108,340 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in Celsius by 4.7% in the 4th quarter. Sanctuary Advisors LLC now owns 11,154 shares of the company’s stock worth $510,000 after purchasing an additional 505 shares in the last quarter. Vanguard Group Inc. boosted its stake in Celsius by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after purchasing an additional 802,743 shares in the last quarter. Kercheville Advisors LLC grew its position in Celsius by 9.5% during the 4th quarter. Kercheville Advisors LLC now owns 243,993 shares of the company’s stock valued at $11,160,000 after purchasing an additional 21,200 shares during the last quarter. Finally, Outfitters Financial LLC increased its stake in Celsius by 8.3% during the 4th quarter. Outfitters Financial LLC now owns 15,420 shares of the company’s stock valued at $705,000 after purchasing an additional 1,180 shares in the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

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.