Monster Beverage Corporation (MNST)
NASDAQ: MNST · Real-Time Price · USD
54.14
-0.59 (-1.08%)
At close: Nov 8, 2024, 4:00 PM
54.18
+0.04 (0.07%)
After-hours: Nov 8, 2024, 6:09 PM EST

Monster Beverage Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Monster Beverage stock have an average target of 55.53, with a low estimate of 40 and a high estimate of 68. The average target predicts an increase of 2.57% from the current stock price of 54.14.

Analyst Consensus: Buy
Target Low Average Median High
Price $40 $55.53 $57 $68
Change -26.12% +2.57% +5.28% +25.60%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 666666
Buy 444444
Hold 555555
Sell 111111
Strong Sell 111111
Total 171717171717

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$55$57
Hold Maintains $55$57 +5.28% Nov 8, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$57$60
Buy Maintains $57$60 +10.82% Nov 5, 2024
JP Morgan
JP Morgan
Hold
Maintains
$50$49
Hold Maintains $50$49 -9.49% Nov 4, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$56$57
Strong Buy Maintains $56$57 +5.28% Oct 15, 2024
Roth MKM
Roth MKM
Hold
Maintains
$56$50
Hold Maintains $56$50 -7.65% Aug 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.67B
from 7.14B
Increased by 7.48%
Revenue Next Year
8.30B
from 7.67B
Increased by 8.09%
EPS This Year
1.71
from 1.54
Increased by 10.86%
EPS Next Year
1.94
from 1.71
Increased by 13.70%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
4.20B4.60B5.54B6.31B7.14B7.67B8.30B9.09B
Revenue Growth
10.34%9.47%20.50%13.89%13.14%7.48%8.09%9.52%
EPS
1.021.321.291.121.541.711.942.17
EPS Growth
15.34%30.05%-2.27%-13.18%37.50%10.86%13.70%12.03%
Forward PE
-----31.7127.8924.90
No. Analysts -----282818
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 8.1B 9.3B 10.4B
Avg 7.7B 8.3B 9.1B
Low 7.2B 7.6B 8.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
13.7%
20.6%
25.7%
Avg
7.5%
8.1%
9.5%
Low
0.8%
-1.4%
-0.6%

EPS Forecast

EPS 20242025202620272028
High 1.85 2.11 2.47
Avg 1.71 1.94 2.17
Low 1.58 1.71 1.91

EPS Growth

EPS Growth 20242025202620272028
High
20.1%
23.3%
27.1%
Avg
10.9%
13.7%
12.0%
Low
2.5%
0.5%
-1.6%
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.