Monster Beverage (NASDAQ:MNST) Stock Price Target Raised at Wells Fargo & Company

Monster Beverage (NASDAQ:MNST) had its price objective boosted by Wells Fargo & Company from $50.00 to $52.00 in a research note issued to investors on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Other equities research analysts have also issued research reports about the stock. BNP Paribas Exane reaffirmed a “neutral” rating and issued a $98.00 target price (up from $84.00) on shares of Monster Beverage in a report on Monday, September 28th. UBS Group reissued a “neutral” rating and set a $50.00 price target (up from $49.00) on shares of Monster Beverage in a report on Friday. The Goldman Sachs Group reissued a “buy” rating and set a $55.00 price target on shares of Monster Beverage in a report on Friday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $100.00 price target (up from $98.00) on shares of Monster Beverage in a research report on Monday, August 10th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Monster Beverage from $49.50 to $49.00 and set a “neutral” rating on the stock in a research note on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Monster Beverage Stock Down 4.4%

NASDAQ:MNST traded down $2.11 during trading hours on Friday, reaching $45.72. The company had a trading volume of 15,680,007 shares, compared to its average volume of 9,015,017. The stock has a 50-day moving average of $44.71 and a two-hundred day moving average of $43.30. Monster Beverage has a one year low of $34.26 and a one year high of $50.17. The firm has a market capitalization of $89.57 billion, a PE ratio of 41.38, a PEG ratio of 3.02 and a beta of 0.51.

Monster Beverage (NASDAQ:MNST) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.30. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.49 billion. Monster Beverage had a return on equity of 26.02% and a net margin of 23.08%. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 earnings per share. As a group, sell-side analysts expect that Monster Beverage will post 1.16 earnings per share for the current year.

Institutional Investors Weigh In On Monster Beverage

A number of hedge funds have recently added to or reduced their stakes in MNST. Johnson Financial Group Inc. acquired a new position in shares of Monster Beverage during the second quarter worth approximately $27,000. Jones Financial Companies Lllp acquired a new position in shares of Monster Beverage during the 2nd quarter worth about $28,000. Trust Co. of Vermont acquired a new position in shares of Monster Beverage in the 2nd quarter valued at $30,000. NBH Bank acquired a new stake in shares of Monster Beverage during the second quarter worth about $32,000. Finally, Clearstead Trust LLC acquired a new stake in Monster Beverage during the 2nd quarter worth approximately $32,000. Institutional investors own 72.36% of the company’s stock.

Key Monster Beverage News

Here are the key news stories impacting Monster Beverage this week:

• Positive Sentiment: International demand drove growth: net sales rose 16.7% year over year to $2.56 billion, with sales outside the U.S. up 28.1% to $1.20 billion—47% of total sales. Adjusted EPS was $0.30, up from $0.28 a year earlier. Monster Beverage Reports 2026 Third Quarter Financial Results
• Positive Sentiment: Wells Fargo raised its price target to $52 from $50 and Piper Sandler lifted its target to $53 from $50.50; both maintained “overweight” ratings, signaling continued analyst optimism. Wells Fargo price-target update Piper Sandler price-target update
• Negative Sentiment: Despite the revenue beat, adjusted earnings matched consensus, and reports cited rising cost pressures and margin weakness. The market’s focus on profitability appears to have outweighed sales growth, with shares falling after the results. Monster Beverage shares slip after Q3 results as margin pressure offsets sales growth

Monster Beverage Company Profile

Monster Beverage Corporation develops, markets and sells energy drinks and other beverages. Its portfolio includes Monster Energy, Reign, NOS and Full Throttle, along with products in categories such as sports drinks, juices and alcoholic beverages.

The company traces its roots to Hansen’s, a beverage business established in the 1930s. It introduced the Monster Energy brand in 2002 and adopted the Monster Beverage name in 2012.

Based in Corona, California, Monster sells its products in the United States and internationally.