Piper Sandler Forecasts Strong Price Appreciation for Monster Beverage (NASDAQ:MNST) Stock

Monster Beverage (NASDAQ:MNST) had its price target upped by investment analysts at Piper Sandler from $94.00 to $101.00 in a report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price objective suggests a potential upside of 12.32% from the stock’s current price.

MNST has been the topic of several other reports. JPMorgan Chase & Co. dropped their price objective on shares of Monster Beverage from $81.00 to $78.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft lowered shares of Monster Beverage from a “buy” rating to a “hold” rating and upped their price target for the company from $94.00 to $98.00 in a research note on Monday, July 20th. BMO Capital Markets restated a “market perform” rating and set a $95.00 price objective (up from $73.00) on shares of Monster Beverage in a research report on Monday, July 20th. Bank of America cut their price objective on shares of Monster Beverage from $100.00 to $96.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, UBS Group boosted their price objective on Monster Beverage from $104.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Monster Beverage presently has an average rating of “Moderate Buy” and an average price target of $95.55.

Monster Beverage Stock Down 4.5%

Shares of NASDAQ MNST traded down $4.24 during midday trading on Friday, hitting $89.92. 3,065,739 shares of the company’s stock were exchanged, compared to its average volume of 5,789,246. The firm has a market capitalization of $87.94 billion, a PE ratio of 43.36, a price-to-earnings-growth ratio of 3.07 and a beta of 0.53. Monster Beverage has a 12 month low of $60.97 and a 12 month high of $100.34. The company’s 50 day moving average price is $94.29 and its 200 day moving average price is $84.71.

Monster Beverage shares are scheduled to split on Tuesday, August 11th. The 2-1 split was announced on Wednesday, July 8th. The newly created shares will be distributed to shareholders after the market closes on Monday, August 10th.

Monster Beverage (NASDAQ:MNST) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. Monster Beverage had a return on equity of 26.86% and a net margin of 23.11%.The business had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter last year, the firm posted $0.52 EPS. The company’s quarterly revenue was up 20.2% on a year-over-year basis. On average, equities research analysts anticipate that Monster Beverage will post 2.31 EPS for the current year.

Monster Beverage announced that its board has authorized a share repurchase plan on Friday, May 15th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to purchase up to 0.6% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, Director Mark J. Hall sold 54,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $85.81, for a total transaction of $4,633,740.00. Following the sale, the director owned 299,246 shares of the company’s stock, valued at $25,678,299.26. This represents a 15.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Thomas J. Kelly sold 7,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $87.81, for a total value of $614,670.00. Following the transaction, the chief financial officer owned 62,553 shares in the company, valued at approximately $5,492,778.93. This trade represents a 10.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 178,700 shares of company stock valued at $15,457,562. 8.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of MNST. Norges Bank acquired a new position in Monster Beverage during the fourth quarter worth about $691,104,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Monster Beverage by 7,360.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,191,407 shares of the company’s stock valued at $474,695,000 after purchasing an additional 6,108,420 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Monster Beverage by 133.4% in the 4th quarter. Wellington Management Group LLP now owns 8,499,546 shares of the company’s stock valued at $651,660,000 after purchasing an additional 4,858,109 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Monster Beverage during the 2nd quarter valued at approximately $440,838,000. Finally, State Street Corp grew its holdings in shares of Monster Beverage by 8.0% during the 3rd quarter. State Street Corp now owns 37,719,091 shares of the company’s stock valued at $2,538,872,000 after purchasing an additional 2,789,273 shares during the last quarter. Institutional investors own 72.36% of the company’s stock.

Key Monster Beverage News

Here are the key news stories impacting Monster Beverage this week:

• Positive Sentiment: Strong Q2 results: Monster reported earnings of $0.60 per share, above analyst estimates of $0.58-$0.59, while revenue reached $2.50 billion versus the $2.43 billion consensus. Revenue increased 20.2% year over year, supported by continued growth in the core energy-drink business. Monster Beverage earnings report
• Positive Sentiment: International momentum: Management attributed much of the sales increase to demand outside the United States, reinforcing Monster’s global growth opportunity. Monster Beverage sees sales jump on international growth
• Positive Sentiment: More favorable Evercore view: Evercore raised its price target from $95 to $105 and upgraded its rating to “outperform,” implying approximately 15% potential upside from the cited share price.
• Neutral Sentiment: Mixed analyst signal: UBS also lifted its target from $104 to $105 but maintained a “neutral” rating, indicating that it sees limited conviction despite the higher valuation estimate.
• Neutral Sentiment: Pricing and investor updates: Monster outlined selective pricing actions for the fourth quarter of 2026 and scheduled an investor meeting for December 1. Pricing could support revenue, but investors may monitor whether higher prices affect demand. Monster pricing actions and investor meeting
• Negative Sentiment: Valuation and expectations: With MNST trading at a relatively elevated earnings multiple, the stock may be facing profit-taking or high expectations even after beating quarterly estimates. The modest target increases and UBS’s neutral rating provide limited additional upside catalysts.

About Monster Beverage

Monster Beverage Corporation (NASDAQ: MNST) is an American beverage company best known for its Monster Energy brand of energy drinks. The company’s product portfolio centers on carbonated energy beverages and a range of complementary ready-to-drink offerings, including energy coffees, hydration beverages and other flavored functional drinks. Monster markets multiple sub-brands and flavor variants to address different consumer segments and consumption occasions.

Originally organized around the Hansen’s Natural line of juices and sodas, the company pivoted toward the energy drink category and formally adopted the Monster Beverage name in the early 2010s to reflect its strategic focus.