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
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 '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
Buy | 4 | 4 | 4 | 4 | 4 | 4 |
Hold | 5 | 5 | 5 | 5 | 5 | 5 |
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 |
---|---|---|---|---|---|---|---|
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 13.7% | 20.6% | 25.7% | ||
Avg | 7.5% | 8.1% | 9.5% | ||
Low | 0.8% | -1.4% | -0.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.