UBS Group Issues Positive Forecast for Monster Beverage (NASDAQ:MNST) Stock Price

Monster Beverage (NASDAQ:MNST) had its target price raised by UBS Group from $104.00 to $105.00 in a report published on Friday morning, Marketbeat reports. UBS Group currently has a neutral rating on the stock.

MNST has been the topic of a number of other reports. Royal Bank Of Canada restated an “outperform” rating and set a $97.00 price target on shares of Monster Beverage in a report on Wednesday. Rothschild & Co Redburn upgraded shares of Monster Beverage from a “neutral” rating to a “buy” rating and boosted their target price for the company from $76.00 to $90.00 in a research report on Wednesday, May 6th. Sanford C. Bernstein assumed coverage on shares of Monster Beverage in a research report on Friday, June 12th. They set a “market perform” rating and a $95.00 target price on the stock. Morgan Stanley set a $103.00 price target on shares of Monster Beverage and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, Stifel Nicolaus lifted their price target on shares of Monster Beverage from $90.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $95.55.

Monster Beverage Price Performance

Shares of NASDAQ:MNST opened at $90.36 on Friday. Monster Beverage has a 1 year low of $60.97 and a 1 year high of $100.34. The business’s 50-day moving average is $94.34 and its 200-day moving average is $84.75. The company has a market capitalization of $88.37 billion, a price-to-earnings ratio of 41.83, a P/E/G ratio of 3.06 and a beta of 0.53.

Shares of Monster Beverage are scheduled to split before the market opens on Tuesday, August 11th. The 2-1 split was announced on Wednesday, July 8th. The newly issued shares will be distributed to shareholders after the closing bell on Monday, August 10th.

Monster Beverage (NASDAQ:MNST) last issued its earnings results on Thursday, August 6th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The business had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.43 billion. Monster Beverage had a return on equity of 26.91% and a net margin of 23.08%.The firm’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 earnings per share. Analysts anticipate that Monster Beverage will post 2.31 EPS for the current year.

Monster Beverage declared that its Board of Directors has authorized a stock repurchase plan on Friday, May 15th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 0.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Insider Activity

In other news, Director Mark J. Hall sold 54,000 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $85.81, for a total value of $4,633,740.00. Following the completion of the sale, the director owned 299,246 shares in the company, valued at $25,678,299.26. This represents a 15.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Guy Carling sold 19,000 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $90.90, for a total transaction of $1,727,100.00. Following the completion of the sale, the chief executive officer owned 21,863 shares of the company’s stock, valued at approximately $1,987,346.70. This represents a 46.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 178,700 shares of company stock valued at $15,457,562 over the last quarter. 8.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Monster Beverage

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. grew its holdings in shares of Monster Beverage by 1,338.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 446 shares of the company’s stock valued at $28,000 after acquiring an additional 415 shares in the last quarter. MV Capital Management Inc. bought a new stake in Monster Beverage during the fourth quarter worth $30,000. Trust Co. of Vermont purchased a new position in Monster Beverage in the second quarter worth $30,000. Clearstead Trust LLC purchased a new position in Monster Beverage in the second quarter worth $32,000. Finally, Meeder Asset Management Inc. grew its stake in Monster Beverage by 355.8% in the 1st quarter. Meeder Asset Management Inc. now owns 474 shares of the company’s stock valued at $34,000 after purchasing an additional 370 shares during the period. Hedge funds and other institutional investors own 72.36% of the company’s stock.

Monster Beverage News Summary

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

• Positive Sentiment: Q2 results exceeded expectations: Monster reported earnings of $0.60 per share versus the $0.58 consensus estimate, while revenue rose 20.2% year over year to $2.50 billion, ahead of the $2.43 billion forecast. Monster Beverage earnings report
• Positive Sentiment: Broad-based growth remains intact: Energy-drink demand, international markets and the company’s core business drove the sales acceleration. Management also reported improving margins despite higher costs. Monster Beverage Q2 sales growth
• Positive Sentiment: Analysts raised price targets: Piper Sandler increased its target to $101 and maintained an overweight rating; Evercore raised its target to $105 with an outperform rating; and UBS lifted its target to $105 while retaining a neutral rating. These targets imply meaningful upside from the cited reference price. Piper Sandler price target
• Neutral Sentiment: Pricing actions are planned: Monster outlined selective pricing actions for the fourth quarter of 2026 and scheduled an investor meeting for December 1, which could provide additional details on strategy, margins and growth outlook. Monster pricing actions and investor meeting
• Negative Sentiment: Strong results were not enough to support the stock: The market reaction indicates elevated expectations may already have been reflected in MNST’s valuation. With a high earnings multiple and shares near their 12-month high, investors may be demanding stronger forward guidance or a larger earnings surprise.
• Negative Sentiment: Cost and execution risks remain: Rising costs continue to pressure profitability, while the company’s ability to sustain international growth and successfully implement pricing will be important to future earnings momentum.

Monster Beverage Company Profile

Monster Beverage Corporation (NASDAQ: MNST) is an American beverage company best known for its Monster Energy brand of energy drinks. The company’s product portfolio centers on carbonated energy beverages and a range of complementary ready-to-drink offerings, including energy coffees, hydration beverages and other flavored functional drinks. Monster markets multiple sub-brands and flavor variants to address different consumer segments and consumption occasions.

Originally organized around the Hansen’s Natural line of juices and sodas, the company pivoted toward the energy drink category and formally adopted the Monster Beverage name in the early 2010s to reflect its strategic focus.