Monster Beverage (MNST) Stock Forecast, Price Target & Predictions


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MNST Stock Forecast


Monster Beverage stock forecast is as follows: an average price target of $41.68 (represents a -22.90% downside from MNST’s last price of $54.06) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

MNST Price Target


The average price target for Monster Beverage (MNST) is $41.68 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $64.00 to $23.75. This represents a potential -22.90% downside from MNST's last price of $54.06.

MNST Analyst Ratings


Buy

According to 14 Wall Street analysts, Monster Beverage's rating consensus is 'Buy'. The analyst rating breakdown for MNST stock is 0 'Strong Buy' (0.00%), 9 'Buy' (64.29%), 5 'Hold' (35.71%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Monster Beverage Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Bonnie HerzogGoldman Sachs$63.00$45.2639.21%16.54%
Aug 08, 2024Andrew StrelzikBMO Capital$54.00$45.3319.14%-0.11%
Aug 08, 2024Michael LaveryPiper Sandler$46.00$44.204.07%-14.91%
Aug 08, 2024Kaumil GajrawalaJefferies$60.00$50.5318.74%10.99%
Jul 01, 2024Nik ModiRBC Capital$64.00$49.9528.13%18.39%
Jun 24, 2024Kevin GrundyBNP Paribas$48.00$49.09-2.22%-11.21%
Jun 14, 2024Nik ModiRBC Capital$65.00$48.5233.98%20.24%
Jun 14, 2024Bonnie HerzogGoldman Sachs$66.00$48.7235.47%22.09%
Jun 14, 2024Steve PowersDeutsche Bank$63.00$48.7229.31%16.54%
Jun 13, 2024Kaumil GajrawalaJefferies$61.00$49.7722.56%12.84%
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The latest Monster Beverage stock forecast, released on Aug 08, 2024 by Bonnie Herzog from Goldman Sachs, set a price target of $63.00, which represents a 39.21% increase from the stock price at the time of the forecast ($45.26), and a 16.54% increase from MNST last price ($54.06).

Monster Beverage Price Target by Period


1M3M12M
# Anlaysts-414
Avg Price Target-$55.75$57.64
Last Closing Price$54.06$54.06$54.06
Upside/Downside-100.00%3.13%6.62%

In the current month, the average price target of Monster Beverage stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Monster Beverage's last price of $54.06. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2024Goldman SachsBuyBuyHold
Aug 08, 2024BMO CapitalMarket PerformMarket PerformHold
Aug 08, 2024Piper SandlerNeutralNeutralHold
Aug 08, 2024Wells FargoOverweightOverweightHold
Aug 08, 2024JefferiesBuyBuyHold
Jul 10, 2024CitigroupBuyBuyHold
Jun 24, 2024Exane BNP Paribas-UnderperformInitialise
Jun 14, 2024Piper SandlerOverweightOverweightHold
Jun 14, 2024RBC CapitalOutperformOutperformHold
Jun 14, 2024Goldman SachsBuyBuyHold
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Monster Beverage's last stock rating was published by Goldman Sachs on Aug 08, 2024. The company gave MNST a "Buy" rating, the same as its previous rate.

Monster Beverage Financial Forecast


Monster Beverage Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$1.86B$1.85B$1.70B$1.51B$1.62B$1.66B$1.52B$1.43B$1.41B$1.46B$1.24B$1.20B$1.25B
Avg Forecast$2.29B$2.48B$2.49B$2.28B$2.15B$2.31B$2.30B$2.21B$1.95B$2.09B$2.08B$2.01B$1.81B$1.91B$2.01B$1.90B$1.76B$1.87B$1.87B$1.70B$1.60B$1.65B$1.61B$1.43B$1.33B$1.39B$1.39B$1.22B$1.13B$1.23B
High Forecast$2.29B$2.48B$2.49B$2.28B$2.15B$2.31B$2.30B$2.21B$1.95B$2.09B$2.08B$2.01B$1.81B$1.94B$2.01B$1.90B$1.82B$1.87B$1.87B$1.70B$1.60B$1.65B$1.61B$1.43B$1.33B$1.39B$1.39B$1.22B$1.13B$1.23B
Low Forecast$2.29B$2.48B$2.49B$2.28B$2.15B$2.31B$2.30B$2.21B$1.95B$2.09B$2.08B$2.01B$1.81B$1.86B$2.01B$1.90B$1.71B$1.87B$1.87B$1.70B$1.60B$1.65B$1.61B$1.43B$1.33B$1.39B$1.39B$1.22B$1.13B$1.23B
# Analysts5855107558544811561366655511121110999
Surprise %-----------------0.99%0.99%1.00%0.94%0.98%1.03%1.06%1.07%1.01%1.05%1.02%1.06%1.02%

Monster Beverage's average Quarter revenue forecast for Dec 23 based on 13 analysts is $1.76B, with a low forecast of $1.71B, and a high forecast of $1.82B. MNST's average Quarter revenue forecast represents a -5.42% decrease compared to the company's last Quarter revenue of $1.86B (Sep 23).

Monster Beverage EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5855107558544811561366655511121110999
EBITDA-----------------$510.53M$523.80M$485.06M$394.35M$417.93M$372.95M$399.49M$422.32M$457.69M$539.69M$427.92M$417.39M$472.42M
Avg Forecast$708.42M$767.87M$770.90M$705.56M$664.61M$714.87M$710.86M$684.98M$604.66M$647.58M$642.92M$623.17M$560.32M$590.51M$622.62M$550.33M$543.43M$577.46M$579.30M$500.30M$479.02M$511.70M$498.71M$454.82M$411.51M$431.75M$430.86M$441.17M$350.23M$379.68M
High Forecast$708.42M$767.87M$770.90M$705.56M$664.61M$714.87M$710.86M$684.98M$604.66M$647.58M$642.92M$623.17M$560.32M$599.73M$622.62M$660.40M$562.06M$577.49M$579.30M$600.36M$574.83M$511.70M$498.71M$545.78M$411.51M$431.75M$430.86M$529.40M$350.23M$379.68M
Low Forecast$708.42M$767.87M$770.90M$705.56M$664.61M$714.87M$710.86M$684.98M$604.66M$647.58M$642.92M$623.17M$560.32M$575.13M$622.62M$440.26M$527.90M$577.44M$579.30M$400.24M$383.22M$511.70M$498.71M$363.85M$411.51M$431.75M$430.86M$352.94M$350.23M$379.68M
Surprise %-----------------0.88%0.90%0.97%0.82%0.82%0.75%0.88%1.03%1.06%1.25%0.97%1.19%1.24%

13 analysts predict MNST's average Quarter EBITDA for Dec 23 to be $543.43M, with a high of $562.06M and a low of $527.90M. This is 6.44% upper than Monster Beverage's previous annual EBITDA (Sep 23) of $510.53M.

Monster Beverage Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5855107558544811561366655511121110999
Net Income-----------------$452.69M$413.87M$397.44M$301.67M$322.39M$273.36M$294.20M$321.31M$337.20M$403.76M$315.19M$471.74M$347.65M
Avg Forecast----$545.25M$587.97M$583.08M$557.90M$475.58M$506.99M$510.08M$480.53M$423.97M$442.24M$469.24M$391.00M$398.80M$412.90M$408.53M$355.46M$359.24M$306.28M$362.18M$323.14M$314.26M$346.63M$350.75M$325.53M$294.13M$327.87M
High Forecast----$545.25M$587.97M$583.08M$557.90M$475.58M$506.99M$510.08M$480.53M$423.97M$452.77M$469.41M$469.20M$449.93M$413.41M$408.53M$426.55M$431.09M$306.28M$362.18M$387.77M$314.26M$346.63M$350.75M$390.63M$294.13M$327.87M
Low Forecast----$545.25M$587.97M$583.08M$557.90M$475.58M$506.99M$510.08M$480.53M$423.97M$421.19M$469.06M$312.80M$368.12M$412.39M$408.53M$284.36M$287.39M$306.28M$362.18M$258.51M$314.26M$346.63M$350.75M$260.42M$294.13M$327.87M
Surprise %-----------------1.10%1.01%1.12%0.84%1.05%0.75%0.91%1.02%0.97%1.15%0.97%1.60%1.06%

Monster Beverage's average Quarter net income forecast for Dec 23 is $398.80M, with a range of $368.12M to $449.93M. MNST's average Quarter net income forecast represents a -11.91% decrease compared to the company's last Quarter net income of $452.69M (Sep 23).

Monster Beverage SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5855107558544811561366655511121110999
SG&A--------------------$685.50M$5.50M--$608.90M-----
Avg Forecast$505.15M$547.54M$549.70M$503.11M$473.91M$509.75M$506.89M$488.44M$431.16M$461.77M$458.44M$444.36M$399.55M$421.07M$443.97M$419.28M$387.50M$411.77M$413.08M$374.35M$353.43M$364.88M$355.61M$315.20M$293.43M$307.86M$307.23M$269.85M$249.74M$270.74M
High Forecast$505.15M$547.54M$549.70M$503.11M$473.91M$509.75M$506.89M$488.44M$431.16M$461.77M$458.44M$444.36M$399.55M$427.65M$443.97M$419.28M$400.79M$411.79M$413.08M$374.35M$353.43M$364.88M$355.61M$315.20M$293.43M$307.86M$307.23M$269.85M$249.74M$270.74M
Low Forecast$505.15M$547.54M$549.70M$503.11M$473.91M$509.75M$506.89M$488.44M$431.16M$461.77M$458.44M$444.36M$399.55M$410.11M$443.97M$419.28M$376.43M$411.75M$413.08M$374.35M$353.43M$364.88M$355.61M$315.20M$293.43M$307.86M$307.23M$269.85M$249.74M$270.74M
Surprise %--------------------1.94%0.02%--2.08%-----

Monster Beverage's average Quarter SG&A projection for Mar 23 is $374.35M, based on 6 Wall Street analysts, with a range of $374.35M to $374.35M. The forecast indicates a -45.39% fall compared to MNST last annual SG&A of $685.50M (Dec 22).

Monster Beverage EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5855107558544811561366655511121110999
EPS-----------------$0.43$0.40$0.38$0.29$0.31$0.26$0.28$0.30$0.32$0.38$0.30$0.45$0.33
Avg Forecast----$0.53$0.57$0.56$0.54$0.46$0.49$0.49$0.46$0.41$0.43$0.45$0.43$0.38$0.40$0.39$0.33$0.31$0.30$0.35$0.30$0.30$0.33$0.34$0.31$0.28$0.32
High Forecast----$0.53$0.57$0.56$0.54$0.46$0.49$0.49$0.46$0.41$0.44$0.45$0.43$0.43$0.40$0.39$0.33$0.31$0.30$0.35$0.30$0.30$0.33$0.34$0.31$0.28$0.32
Low Forecast----$0.53$0.57$0.56$0.54$0.46$0.49$0.49$0.46$0.41$0.41$0.45$0.43$0.35$0.40$0.39$0.33$0.31$0.30$0.35$0.30$0.30$0.33$0.34$0.31$0.28$0.32
Surprise %-----------------1.08%1.02%1.14%0.93%1.05%0.74%0.92%0.99%0.96%1.12%0.98%1.59%1.04%

According to 13 Wall Street analysts, Monster Beverage's projected average Quarter EPS for Dec 23 is $0.38, with a low estimate of $0.35 and a high estimate of $0.43. This represents a -10.60% decrease compared to MNST previous annual EPS of $0.43 (Sep 23).

Monster Beverage Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CELHCelsius$31.07$65.13109.62%Buy
KOFCoca-Cola FEMSA$80.57$131.9363.75%Buy
KDPKeurig Dr Pepper$32.68$39.2720.17%Buy
KOCoca-Cola Company$65.11$73.2312.47%Buy
PEPPepsiCo$166.34$184.0010.62%Buy
FIZZNational Beverage$47.70$45.00-5.66%Hold
CCEPCoca-Cola Europacific Partners$75.86$70.70-6.80%Buy
COCOVita Coco Company$34.61$31.50-8.99%Buy
PRMWPrimo Water$26.24$22.33-14.90%Buy
MNSTMonster Beverage$54.06$41.68-22.90%Buy

MNST Forecast FAQ


Yes, according to 14 Wall Street analysts, Monster Beverage (MNST) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 64.29% of MNST's total ratings.

Monster Beverage (MNST) average price target is $41.68 with a range of $23.75 to $64, implying a -22.90% from its last price of $54.06. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MNST stock, the company can go down by -22.90% (from the last price of $54.06 to the average price target of $41.68), up by 18.39% based on the highest stock price target, and down by -56.07% based on the lowest stock price target.

MNST's average twelve months analyst stock price target of $41.68 does not support the claim that Monster Beverage can reach $80 in the near future.

Monster Beverage's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.97B (high $8.97B, low $8.97B), average EBITDA is $2.78B (high $2.78B, low $2.78B), average net income is $2.27B (high $2.27B, low $2.27B), average SG&A $1.98B (high $1.98B, low $1.98B), and average EPS is $2.19 (high $2.19, low $2.19). MNST's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $9.54B (high $9.54B, low $9.54B), average EBITDA is $2.95B (high $2.95B, low $2.95B), average net income is $0 (high $0, low $0), average SG&A $2.11B (high $2.11B, low $2.11B), and average EPS is $0 (high $0, low $0).

Based on Monster Beverage's last annual report (Dec 2022), the company's revenue was $6.31B, beating the average analysts forecast of $6.29B by 0.29%. Apple's EBITDA was $1.58B, missing the average prediction of $1.94B by -18.49%. The company's net income was $1.19B, missing the average estimation of $1.35B by -11.79%. Apple's SG&A was $709.9M, missing the average forecast of $1.39B by -48.90%. Lastly, the company's EPS was $1.13, missing the average prediction of $1.26 by -10.42%. In terms of the last quarterly report (Sep 2023), Monster Beverage's revenue was $1.86B, missing the average analysts' forecast of $1.87B by -0.50%. The company's EBITDA was $510.53M, missing the average prediction of $577.46M by -11.59%. Monster Beverage's net income was $452.69M, beating the average estimation of $412.9M by 9.64%. The company's SG&A was $0, missing the average forecast of $411.77M by -100.00%. Lastly, the company's EPS was $0.43, beating the average prediction of $0.398 by 8.03%