TD Cowen Boosts Monster Beverage (NASDAQ:MNST) Price Target to $88.00

Monster Beverage (NASDAQ:MNST) had its target price hoisted by research analysts at TD Cowen from $80.00 to $88.00 in a note issued to investors on Friday. The firm presently has a “hold” rating on the stock. TD Cowen’s price objective suggests a potential upside of 1.60% from the stock’s current price.

MNST has been the topic of a number of other reports. Weiss Ratings reissued a “buy (b)” rating on shares of Monster Beverage in a research note on Monday, December 29th. Stifel Nicolaus lifted their target price on shares of Monster Beverage from $82.00 to $92.00 and gave the stock a “buy” rating in a research report on Friday. BMO Capital Markets reissued a “market perform” rating and set a $73.00 target price (up from $53.00) on shares of Monster Beverage in a report on Wednesday, December 3rd. BNP Paribas Exane raised shares of Monster Beverage from an “underperform” rating to a “neutral” rating and set a $77.00 price target for the company in a research note on Friday, January 16th. Finally, Royal Bank Of Canada lifted their price target on shares of Monster Beverage from $83.00 to $88.00 and gave the stock an “outperform” rating in a report on Tuesday. Fourteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $83.90.

Monster Beverage Price Performance

MNST stock traded down $0.04 during trading on Friday, reaching $86.62. 5,640,692 shares of the company were exchanged, compared to its average volume of 6,228,115. The company has a market capitalization of $84.63 billion, a price-to-earnings ratio of 49.21, a P/E/G ratio of 2.18 and a beta of 0.45. The company has a 50-day moving average of $79.93 and a two-hundred day moving average of $72.26. Monster Beverage has a twelve month low of $53.90 and a twelve month high of $87.38.

Monster Beverage (NASDAQ:MNST) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.02. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Monster Beverage had a return on equity of 27.76% and a net margin of 21.65%.Monster Beverage’s revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 EPS. On average, analysts forecast that Monster Beverage will post 1.62 EPS for the current year.

Insider Buying and Selling at Monster Beverage

In other news, Director Rodney C. Sacks sold 206,543 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $73.58, for a total transaction of $15,197,433.94. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Emelie Tirre sold 30,000 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $73.31, for a total transaction of $2,199,300.00. Following the transaction, the insider directly owned 63,939 shares in the company, valued at $4,687,368.09. This trade represents a 31.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 8.30% of the company’s stock.

Institutional Trading of Monster Beverage

Hedge funds have recently bought and sold shares of the business. Access Investment Management LLC bought a new stake in Monster Beverage during the second quarter worth $25,000. Physician Wealth Advisors Inc. increased its position in shares of Monster Beverage by 508.1% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 377 shares of the company’s stock valued at $25,000 after purchasing an additional 315 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Monster Beverage during the 3rd quarter worth $27,000. Harbor Investment Advisory LLC raised its stake in shares of Monster Beverage by 136.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 355 shares of the company’s stock worth $27,000 after purchasing an additional 205 shares during the period. Finally, Newbridge Financial Services Group Inc. boosted its holdings in shares of Monster Beverage by 1,338.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 446 shares of the company’s stock worth $28,000 after buying an additional 415 shares during the last quarter. Institutional investors and hedge funds own 72.36% of the company’s stock.

Key Stories Impacting Monster Beverage

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

• Positive Sentiment: Jefferies raised its price target to $100 and kept a “buy” rating — one of the largest implied upsides among the broker notes, signaling stronger buy-side conviction.
• Positive Sentiment: Citigroup raised its target to $100 and maintained a “buy” rating, reinforcing the bullish view. Read More.
• Positive Sentiment: Deutsche Bank raised its target to $94 and reiterated a “buy” rating — another lift to consensus expectations.
• Positive Sentiment: Stifel raised its target to $92 and remains a “buy,” while Wells Fargo and Piper Sandler bumped targets to $94 and stayed overweight — multiple firms now projecting mid-to-high single-digit to double-digit upside. Read More.
• Positive Sentiment: Monster reported Q4 results that beat consensus: $0.51 EPS vs. $0.49 expected and $2.10B revenue vs. $2.04B expected, with double-digit sales growth and improved margins — the core fundamental driver behind the analyst upgrades. Read More.
• Neutral Sentiment: UBS raised its target to $92 but retained a “neutral” rating, signaling cautious upside despite better results.
• Neutral Sentiment: The Q4 earnings call transcript and analyst takeaways were posted (transcript coverage on Seeking Alpha and others) — useful for detail but largely confirms the beat already priced in. Read More.
• Negative Sentiment: JPMorgan raised its target only to $81 and kept a “neutral” stance — that target implies downside from current levels and represents a more conservative view than most peers.

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.