Monster Beverage Corporation (MNST)

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...

• Industry: Beverages - Non-Alcoholic
• Sector: Consumer Staples
• CEO: Rodney Cyril Sacks H.Dip.Law, H.Dip.Tax
• Employees: 5,296
• Stock Exchange: NASDAQ
• Ticker Symbol: MNST

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%.

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

$58.94

(2.31% upside)

Analyst Consensus: Buy