Monster Beverage (MNST) Stock Price, News & Analysis

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 6 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MNST shares.
View MNST analyst ratings or view top-rated stocks.

22 analysts have issued 12-month price targets for Monster Beverage's shares. Their MNST share price targets range from $52.00 to $72.00. On average, they expect the company's stock price to reach $60.77 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for MNST or view top-rated stocks among Wall Street analysts.

Monster Beverage's stock was trading at $50.7650 at the beginning of the year. Since then, MNST shares have increased by 13.5% and is now trading at $57.61.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our MNST earnings forecast.

Monster Beverage Co. (NASDAQ:MNST) released its earnings results on Thursday, November, 2nd. The company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.01. The business earned $1.86 billion during the quarter, compared to analyst estimates of $1.87 billion. Monster Beverage had a trailing twelve-month return on equity of 20.50% and a net margin of 22.62%. The company's revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.30 earnings per share.
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ETFs with the largest weight of Monster Beverage (NASDAQ:MNST) stock in their portfolio include Invesco Select Growth ETF (IVSG), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Formidable Fortress ETF (KONG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), ClearBridge Large Cap Growth ESG ETF (LRGE) and Invesco Focused Discovery Growth ETF (IVDG).

Monster Beverage shares split on the morning of Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly issued shares were distributed to shareholders after the closing bell on Monday, March 27th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Monster Beverage announced that its board has authorized a share buyback plan on Wednesday, November 8th 2023, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 0.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board 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).

Shares of MNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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