Monster Beverage Corporation (MNST)

NASDAQ: MNST · IEX Real-Time Price · USD
+0.28 (0.49%)
At close: May 26, 2023, 4:00 PM
+1.89 (3.28%)
After-hours: May 26, 2023, 7:53 PM EDT
Market Cap 60.30B
Revenue (ttm) 6.49B
Net Income (ttm) 1.29B
Shares Out 1.05B
EPS (ttm) 1.22
PE Ratio 47.22
Forward PE 32.79
Dividend n/a
Ex-Dividend Date n/a
Volume 3,596,704
Open 57.85
Previous Close 57.33
Day's Range 57.15 - 57.87
52-Week Range 41.95 - 60.47
Beta 0.86
Analysts Buy
Price Target 58.94 (+2.31%)
Earnings Date May 4, 2023

About MNST

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. It offers carbonated energy drinks, non-carbonated, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sod... [Read more]

CEO Rodney Cyril Sacks H.Dip.Law, H.Dip.Tax
Employees 5,296
Stock Exchange NASDAQ
Ticker Symbol MNST
Full Company Profile

Financial Performance

In 2022, MNST's revenue was $6.31 billion, an increase of 13.89% compared to the previous year's $5.54 billion. Earnings were $1.19 billion, a decrease of -13.49%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for MNST stock is "Buy." The 12-month stock price forecast is $58.94, which is an increase of 2.31% from the latest price.

Price Target
(2.31% upside)
Analyst Consensus: Buy
Stock Forecasts


Investors Are Energized, Not Scared Off, By Monster's Fast Growth

The stock rocketed to a new high of $60.27 on May 5, as investors were energized by the company's better-than-expected first-quarter results. MarketBeat's Monster Beverage earnings data show the compa...

2 weeks ago - MarketBeat

Monster Beverage Reports 2023 First Quarter Results

-- Record First Quarter Net Sales Rise 11.9 Percent to $1.70 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $52.0 Million, Rise 15.3 Percent  -- -- Gross Margin Percentag...

3 weeks ago - GlobeNewsWire

Monster Beverage stock on track for a record high today. Here's what analysts like.

Shares of energy-drink maker Monster Beverage Inc. were on pace to close at a record high on Monday, as new drinks help juice demand ahead of the company's quarterly earnings this week.

1 month ago - Market Watch

Monster Beverage To Report Financial Results For 2023 First Quarter On May 4, 2023

CORONA, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its first quarter ended March 31, 2023 will be reported on Thursday, May...

1 month ago - GlobeNewsWire

Low-calorie drinks bolstering beverage brand revenue, says BofA's Bryan Spillane

Bryan Spillane of Bank of America joins 'The Exchange' to discuss Coca-Cola's earnings recap, beverage bottling services making gains, and how to play the beverage sector.

Other symbols: CCEP
1 month ago - CNBC Television

Monster Beverage: Strong Earnings Forecast, Bullish Chart Pattern

Monster Beverage Corp. (NASDAQ: MNST) is holding steady in a flat base with an 8% correction, after hitting resistance at $52.75, following a 2-for-1 stock split. The stock began trading on an adjuste...

2 months ago - MarketBeat

Stocks moving in after hours: Novavax, AMC, Rivian, Monster Beverage

Yahoo Finance Live's Seana Smith examines several stocks trending in the after-hours trading session

Other symbols: NVAXRIVN
3 months ago - Yahoo Finance

Monster Beverage stock dives 6% as earnings and sales miss, stock split and price increases planned

Monster Beverage Corp. MNSTshares dove 6% in after-hours trading Tuesday, after the energy-drink company reported holiday earnings and sales lower than Wall Street's targets and executives announced p...

3 months ago - Market Watch

Monster Beverage Reports 2022 Fourth Quarter and Full-Year Financial Results

-- Record Fourth Quarter Net Sales Rise 6.2 Percent to $1.51 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $81.9 Million, Rise 11.9 Percent -- -- Gross Margin Percentage...

3 months ago - GlobeNewsWire

Monster Beverage Announces Auditor Change

-- Audit Committee Approves Ernst & Young LLP as Auditor for Fiscal Year Ending December 31, 2023 -- -- Deloitte & Touche LLP Continues as Auditor for Fiscal Year Ended December 31, 2022 --

4 months ago - GlobeNewsWire

Monster Beverage Stock Still Looks Scary Good

With a large chunk of what's expected to be a fast-growing energy drink space, Monster Beverage's outlook remains scary good.

4 months ago - MarketBeat

Evercore ISI upgrades Monster on anticipated new drink reveal

Yahoo Finance Live's Brian Sozzi discusses an Evercore ISI analyst's Outperform rating on Monster Beverage stock.

4 months ago - Yahoo Finance

Monster Beverage Reports 2022 Third Quarter Financial Results

-- Record Third Quarter Net Sales Rise 15.2 Percent to $1.62 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $71.3 million, Rise 20.2 Percent -- -- Pricing Actions Positiv...

7 months ago - GlobeNewsWire

Monster Beverage to Report Financial Results for 2022 Third Quarter on November 3, 2022

Company to Conduct Conference Call at 2 p.m. Pacific Time Company to Conduct Conference Call at 2 p.m. Pacific Time

7 months ago - GlobeNewsWire

Monster Beverage Reports 2022 Second Quarter Financial Results

-- Record Second Quarter Net Sales Rise 13.2 Percent to $1.66 Billion -- -- Net Sales on a Foreign Currency Adjusted Basis Rise 16.9 Percent -- -- Solid Revenue Growth -- -- Price Increase Set for Sep...

10 months ago - GlobeNewsWire

Lucas Oil Pro Motocross And Monster Energy Supercross Partner To Create SuperMotocross World Championship

The announcement made on Tuesday by MX Sports Pro Racing and Feld Motor Sports, Inc., would see a new playoff series and championship with a purse of $10 million.

10 months ago - Forbes

Monster Beverage to Report Financial Results for 2022 Second Quarter on August 4, 2022

Company to Conduct Conference Call at 2 p.m. Pacific Time Company to Conduct Conference Call at 2 p.m. Pacific Time

10 months ago - GlobeNewsWire

4 Profitable Companies With Solid Financial Conditions

When screening the market for value opportunities, investors may want to consider stocks that represent companies with high profitability and robust financial conditions. The companies below meet thes...

11 months ago - GuruFocus

These are 10 of the best-performing stocks since Jim Cramer's 'Mad Money' debuted on TV

"Mad Money" host Jim Cramer breaks down some of the best-performing S&P 500 stocks since his show debuted on CNBC more than 17 years ago.

11 months ago - CNBC

Could PepsiCo Buy Out Celsius Holdings Or Monster Beverage? Why M&A In Energy Drinks Market Is Heating Up

As beverage companies compete to grow their non-carbonated drinks divisions, energy drink companies have often been subject to buyout rumors. A terminated distribution agreement between an energy drin...

Other symbols: CELHPEP
1 year ago - Benzinga

Monster Beverage Board Authorizes New $500.0 Million Share Repurchase Program

CORONA, Calif., June 14, 2022 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today announced that its Board of Directors has authorized a new share repurchase program for the repurchas...

1 year ago - GlobeNewsWire

Insiders Are Selling Monster Beverage And 4 Other Stocks

US gold futures traded lower this morning on Friday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: MPMSINVDAWMS
1 year ago - Benzinga

Monster Beverage Announces Webcast Details for Annual Meeting of Stockholders

CORONA, Calif., June 07, 2022 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that the Company will host a live webcast of its Annual Meeting of Stockholders on Tuesday,...

1 year ago - GlobeNewsWire

Look to buy Monster Beverage on a retracement as it breaks key resistance

Monster Beverage Corporation (NASDAQ:MNST) stock rose past a key resistance of $88 on Friday. On Monday, the stock accelerated gains in premarket before retreating slightly.

1 year ago - Invezz

Celsius Trails Only Monster Beverage On Amazon: Here's Why The Energy Drink Stock Is Surging Today

Celsius Holdings Inc (NASDAQ: CELH) shares are trading higher Wednesday after the company reported better-than-expected financial results. Celsius said first-quarter revenue increased 167% year-over-y...

1 year ago - Benzinga