Monster Beverage Corporation (MNST)
NASDAQ: MNST · Real-Time Price · USD
51.72
+0.82 (1.61%)
Dec 20, 2024, 4:00 PM EST - Market closed
Monster Beverage Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Monster Beverage stock have an average target of 54.94, with a low estimate of 40 and a high estimate of 68. The average target predicts an increase of 6.23% from the current stock price of 51.72.
Analyst Consensus: Buy
* Price targets were last updated on Nov 8, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 5 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 5 | 5 | 5 | 5 | 5 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 17 | 17 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Dec 6, 2024 |
| UBS | UBS | Hold Maintains $55 → $57 | Hold | Maintains | $55 → $57 | +10.21% | Nov 8, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $57 → $60 | Buy | Maintains | $57 → $60 | +16.01% | Nov 5, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $50 → $49 | Hold | Maintains | $50 → $49 | -5.26% | Nov 4, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $56 → $57 | Strong Buy | Maintains | $56 → $57 | +10.21% | Oct 15, 2024 |
Financial Forecast
Revenue This Year
7.63B
from 7.14B
Increased by 6.88%
Revenue Next Year
8.20B
from 7.63B
Increased by 7.43%
EPS This Year
1.67
from 1.54
Increased by 8.30%
EPS Next Year
1.90
from 1.67
Increased by 13.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.0B | 8.9B | 10.1B | |||
| Avg | 7.6B | 8.2B | 8.9B | |||
| Low | 7.3B | 7.5B | 7.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.5% | 16.2% | 23.1% | |||
| Avg | 6.9% | 7.4% | 8.4% | |||
| Low | 1.7% | -1.5% | -5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.85 | 2.11 | 2.46 | |||
| Avg | 1.67 | 1.90 | 2.11 | |||
| Low | 1.54 | 1.67 | 1.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 20.1% | 26.2% | 29.5% | |||
| Avg | 8.3% | 13.7% | 11.4% | |||
| Low | -0.1% | -0.1% | -9.1% |
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.