Comments
Loading...

Monster Beverage

MNSTNASDAQ
Logo brought to you by Benzinga Data
$46.06
1.052.34%
At Close: -
$46.01
-0.05-0.11%
After Hours: Aug 9, 5:35 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Wed Aug 7th, after the market close
The most recent conference call was at 17:00 PM, 4 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$120.00
Lowest Price Target1
$40.00
Consensus Price Target1
$68.75

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

Monster Beverage (NASDAQ:MNST) Stock, Analyst Ratings, Price Targets, Forecasts

Monster Beverage Corp has a consensus price target of $68.75 based on the ratings of 29 analysts. The high is $120 issued by Argus Research on March 21, 2023. The low is $40 issued by Truist Securities on August 9, 2024. The 3 most-recent analyst ratings were released by Truist Securities, RBC Capital, and Citigroup on August 9, 2024, August 8, 2024, and August 8, 2024, respectively. With an average price target of $51.33 between Truist Securities, RBC Capital, and Citigroup, there's an implied 11.57% upside for Monster Beverage Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Apr
2
May
3
1
1
Jun
1
1
Jul
3
4
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
RBC Capital
Citigroup
JP Morgan
Deutsche Bank

1calculated from analyst ratings

Analyst Ratings for Monster Beverage

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Monster Beverage (MNST) stock?

A

The latest price target for Monster Beverage (NASDAQ:MNST) was reported by Truist Securities on August 9, 2024. The analyst firm set a price target for $40.00 expecting MNST to fall to within 12 months (a possible -13.06% downside). 39 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Monster Beverage (MNST)?

A

The latest analyst rating for Monster Beverage (NASDAQ:MNST) was provided by Truist Securities, and Monster Beverage maintained their sell rating.

Q

When was the last upgrade for Monster Beverage (MNST)?

A

The last upgrade for Monster Beverage Corp happened on August 7, 2023 when Piper Sandler raised their price target to $63. Piper Sandler previously had a neutral for Monster Beverage Corp.

Q

When was the last downgrade for Monster Beverage (MNST)?

A

The last downgrade for Monster Beverage Corp happened on April 25, 2024 when JP Morgan changed their price target from $66 to $59 for Monster Beverage Corp.

Q

When is the next analyst rating going to be posted or updated for Monster Beverage (MNST)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Monster Beverage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Monster Beverage was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.

Q

Is the Analyst Rating Monster Beverage (MNST) correct?

A

While ratings are subjective and will change, the latest Monster Beverage (MNST) rating was a maintained with a price target of $46.00 to $40.00. The current price Monster Beverage (MNST) is trading at is $46.01, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch