MNST - Monster Beverage Corp - Stock Forecast

Consumer Defensive - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

MNST is currently covered by 22 analysts with an average price target of $60.55. This is a potential upside of $5.88 (10.76%) from yesterday's end of day stock price of $54.67.

Monster Beverage Corp's activity chart (see below) currently has 368 price targets and 335 ratings on display. The stock rating distribution of MNST is 68.18% BUY and 31.82% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 82.96% with an average time for these price targets to be met of 272.2 days.

Highest price target for MNST is $69, Lowest price target is $55, average price target is $60.55.

Most recent stock forecast was given by DARA MOHSENIAN from MORGAN STANLEY on 03-May-2024. First documented stock forecast 20-May-2013.

Overview

Monster Beverage Corporation is a leading manufacturer and distributor of energy drinks and concentrates, as well as other non-alcoholic beverages. The company markets its products in the United States and globally through a network of bottlers, distributors, and retail channels.

Operations

The company operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. The Monster Energy Drinks segment includes the flagship Monster Energy brand, as well as other energy drink brands, such as Monster Rehab, Java Monster, and Muscle Monster. The Strategic Brands segment includes a variety of non-energy drink brands, such as NOS, Full Throttle, Burn, and Mother. The Other segment includes emerging products and brands, as well as certain strategic investments.

Monster Beverage offers a diverse portfolio of products, including carbonated and non-carbonated energy drinks, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, sports drinks, and still and sparkling waters. The company’s products are marketed as natural, sparkling juices, and flavored sparkling beverages.

The company distributes its products to bottlers, full-service beverage distributors, as well as sells directly to retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience chains, drug stores, foodservice customers, value stores, e-commerce retailers, and the military. The company also supplies concentrates and/or beverage bases to authorized bottling and canning operations.

Monster Beverage provides its products under various brand names, including Monster Energy, Monster Ultra, Monster Rehab, Monster Hydro and others.

The company has also expanded its product offerings to include Reign Total Body Fuel and Reign Inferno Thermogenic Fuel, which are marketed as performance energy drinks.

History

Founded in 1985 as Hansen Natural Corporation, Monster Beverage Corporation is headquartered in Corona, California.

Currently out of the existing stock ratings of MNST, 60 are a BUY (68.18%), 28 are a HOLD (31.82%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

65

$10.78 (19.88%)

68

4 days ago

25/32 (78.13%)

$10 (18.18%)

244

Hold

59

$4.78 (8.82%)

58

4 days ago

2/5 (40%)

$4 (7.27%)

161

Hold

60

$5.78 (10.66%)

62

4 days ago

2/4 (50%)

$5 (9.09%)

50

Hold

56

$1.78 (3.28%)

58

4 days ago

7/8 (87.5%)

$1 (1.82%)

82

Buy

63

$8.78 (16.19%)

65

8 days ago

41/45 (91.11%)

$9.63 (18.04%)

312

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What is MNST (Monster Beverage Corp) average time for price targets to be met?

On average it took 272.2 days on average for the stock forecasts to be realized with a an average price target met ratio 82.96

Which analyst has the current highest performing score on MNST (Monster Beverage Corp) with a proven track record?

CHRISTOPHER CAREY

Which analyst has the most public recommendations on MNST (Monster Beverage Corp)?

Christopher Carey works at WELLS FARGO and has 8 price targets and 9 ratings on MNST

Which analyst is the currently most bullish on MNST (Monster Beverage Corp)?

Filippo Falorni with highest potential upside - $14.78

Which analyst is the currently most reserved on MNST (Monster Beverage Corp)?

Pablo Zuanic with lowest potential downside - -$32.22

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