Monster Beverage (MNST) Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MNST shares.
View MNST analyst ratings or view top-rated stocks.

19 equities research analysts have issued 1 year price targets for Monster Beverage's shares. Their MNST share price forecasts range from $50.00 to $67.00. On average, they predict the company's share price to reach $59.97 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
View analysts price targets for MNST or view top-rated stocks among Wall Street analysts.

Monster Beverage's stock was trading at $50.7650 at the beginning of the year. Since then, MNST shares have increased by 17.6% and is now trading at $59.68.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our MNST earnings forecast.

Monster Beverage Co. (NASDAQ:MNST) issued its quarterly earnings data on Thursday, May, 4th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.34 by $0.04. The company earned $1.70 billion during the quarter, compared to the consensus estimate of $1.69 billion. Monster Beverage had a net margin of 19.95% and a trailing twelve-month return on equity of 18.47%. Monster Beverage's quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.28 earnings per share.
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ETFs with the largest weight of Monster Beverage (NASDAQ:MNST) stock in their portfolio include Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Invesco Select Growth ETF (IVSG), Invesco DWA Consumer Staples Momentum ETF (PSL), Formidable Fortress ETF (KONG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), First Trust Consumer Staples AlphaDEX Fund (FXG), ClearBridge Large Cap Growth ESG ETF (LRGE) and QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM).

Monster Beverage's stock split on the morning of Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly created shares were issued to shareholders after the market closes on Monday, March 27th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Monster Beverage announced that its board has approved a share buyback plan on Thursday, November 3rd 2022, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its shares are undervalued.

114 employees have rated Monster Beverage Chief Executive Officer Rodney C. Sacks on Glassdoor.com. Rodney C. Sacks has an approval rating of 93% among the company's employees. This puts Rodney C. Sacks in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Monster Beverage investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), Starbucks (SBUX), Cisco Systems (CSCO), Intel (INTC), PayPal (PYPL), Home Depot (HD) and Johnson & Johnson (JNJ).

Monster Beverage trades on the NASDAQ under the ticker symbol "MNST."

Monster Beverage's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (5.09%), FMR LLC (3.92%), State Street Corp (3.40%), Price T Rowe Associates Inc. MD (2.13%), Wellington Management Group LLP (1.55%) and Clearbridge Investments LLC (1.52%). Insiders that own company stock include Emelie Tirre, Guy Carling, Hilton H Schlosberg, Mark J Hall, Mark Vidergauz and Thomas J Kelly.
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Shares of MNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MNST stock can currently be purchased for approximately $59.68.

Monster Beverage (NASDAQ:MNST) has a market capitalization of $59.68 billion and generates $6.31 billion in revenue each year. The company earns $1.19 billion in net income (profit) each year or $1.22 on an earnings per share basis.

The company employs 5,296 workers across the globe.

Monster Beverage's mailing address is 1 MONSTER WAY, CORONA CA, 92879. The official website for the company is www.monsterbevcorp.com. The company can be reached via phone at (800) 426-7367, via email at jsfetcu@pondel.com, or via fax at 951-739-6210.