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... [Read more]
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 StatementsAnalyst 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.
News

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...

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...

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.

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...
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.

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...
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

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...

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...

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 --

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.
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.

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...

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

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...

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.

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

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...

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...

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...

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.

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,...

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.

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...