Monster Beverage Corporation (MNST)
NASDAQ: MNST · Real-Time Price · USD
52.01
+0.34 (0.66%)
At close: Sep 26, 2024, 4:00 PM
52.02
+0.01 (0.02%)
After-hours: Sep 26, 2024, 7:10 PM EDT
Monster Beverage Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Monster Beverage stock have an average target of 55.24, with a low estimate of 40 and a high estimate of 68. The average target predicts an increase of 6.21% from the current stock price of 52.01.
Analyst Consensus: Buy
* Price targets were last updated on Aug 12, 2024.
Analyst Ratings
The average analyst rating for MNST stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 6 | 6 | 6 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 17 | 16 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Hold Maintains $56 → $50 | Hold | Maintains | $56 → $50 | -3.86% | Aug 12, 2024 |
| Truist Securities | Truist Securities | Strong Sell Maintains $46 → $40 | Strong Sell | Maintains | $46 → $40 | -23.09% | Aug 9, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $64 → $60 | Buy | Maintains | $64 → $60 | +15.36% | Aug 8, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $60 → $54 | Strong Buy | Maintains | $60 → $54 | +3.83% | Aug 8, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $56 → $50 | Hold | Maintains | $56 → $50 | -3.86% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
7.68B
from 7.14B
Increased by 7.58%
Revenue Next Year
8.31B
from 7.68B
Increased by 8.16%
EPS This Year
1.71
from 1.54
Increased by 11.02%
EPS Next Year
1.95
from 1.71
Increased by 14.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.1B | 9.3B | 10.4B | ||
| Avg | 7.7B | 8.3B | 9.1B | ||
| Low | 7.2B | 7.6B | 8.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.7% | 20.5% | 25.5% | ||
| Avg | 7.6% | 8.2% | 10.1% | ||
| Low | 0.8% | -1.5% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.85 | 2.11 | 2.47 | ||
| Avg | 1.71 | 1.95 | 2.19 | ||
| Low | 1.59 | 1.71 | 1.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.1% | 23.1% | 26.4% | ||
| Avg | 11.0% | 14.2% | 11.9% | ||
| Low | 3.1% | 0.3% | -2.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.