Monster Beverage Corporation (MNST)

Monster Beverage Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Monster Beverage stock have an average target of 54.69, with a low estimate of 40 and a high estimate of 68. The average target predicts an increase of 10.06% from the current stock price of 49.69.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$54.69	$57	$68
Change	-19.50%	+10.06%	+14.71%	+36.85%

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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	6	6	6	6	5	5
Buy	4	4	4	4	4	4
Hold	5	5	5	5	6	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
Peter Grom UBS	UBS	Hold Maintains $57 → $53	Hold	Maintains	$57 → $53	+6.66%	Jan 16, 2025
Gerald Pascarelli Needham	Needham	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Dec 6, 2024
Peter Grom UBS	UBS	Hold Maintains $55 → $57	Hold	Maintains	$55 → $57	+14.71%	Nov 8, 2024
Chris Carey Wells Fargo	Wells Fargo	Buy Maintains $57 → $60	Buy	Maintains	$57 → $60	+20.75%	Nov 5, 2024
Andrea Teixeira JP Morgan	JP Morgan	Hold Maintains $50 → $49	Hold	Maintains	$50 → $49	-1.39%	Nov 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

7.63B

Increased by 6.86%

from 7.14B

Revenue Next Year

8.18B

Increased by 7.20%

from 7.63B

EPS This Year

1.67

Increased by 8.30%

from 1.54

EPS Next Year

1.90

Increased by 13.74%

from 1.67

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	4.20B	4.60B	5.54B	6.31B	7.14B	7.63B	8.18B	8.84B
Revenue Growth	10.34%	9.47%	20.50%	13.89%	13.14%	6.86%	7.20%	8.09%
EPS	1.02	1.32	1.29	1.12	1.54	1.67	1.90	2.11
EPS Growth	15.34%	30.05%	-2.27%	-13.18%	37.50%	8.30%	13.74%	11.44%
Forward PE	-	-	-	-	-	29.79	26.20	23.51
No. Analysts	-	-	-	-	-	29	29	20

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	8.0B	8.9B	10.1B
Avg	7.6B	8.2B	8.8B
Low	7.3B	7.5B	7.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	12.5%	16.2%	23.4%
Avg	6.9%	7.2%	8.1%
Low	1.7%	-1.5%	-5.0%

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.