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Monster Beverage Corp
NASDAQ:MNST

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Monster Beverage Corp
NASDAQ:MNST
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Price: 49.09 USD 0.84% Market Closed
Updated: Jun 23, 2024
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Wall Street
Price Targets

MNST Price Targets Summary
Monster Beverage Corp

Wall Street analysts forecast MNST stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MNST is 64.01 USD with a low forecast of 46.46 USD and a high forecast of 73.5 USD.

Lowest
Price Target
46.46 USD
5% Downside
Average
Price Target
64.01 USD
30% Upside
Highest
Price Target
73.5 USD
50% Upside

MNST Last Price Targets
Monster Beverage Corp

The latest public price target was made on Jun 14, 2024 by Bonnie Herzog from Goldman Sachs , who expects MNST stock to rise by 34% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Bonnie Herzog
Goldman Sachs
66 USD
Upside 34%
1 week ago
Jun 14, 2024
Goldman Sachs Reiterates Buy Rating on Monster Beverage (MNST)
StreetInsider
Nik Modi
RBC Capital
65 USD
Upside 32%
1 week ago
Jun 14, 2024
RBC Capital Reiterates Outperform Rating on Monster Beverage (MNST)
StreetInsider
Steve Powers
Deutsche Bank
63 USD
Upside 28%
1 week ago
Jun 14, 2024
Monster Beverage (MNST) PT Lowered to $63 at Deutsche Bank
StreetInsider
Kaumil Gajrawala
Jefferies
61 USD
Upside 24%
1 week ago
Jun 13, 2024
Monster Beverage (MNST) PT Lowered to $61 at Jefferies
StreetInsider
Sean McGowan
Roth Capital
56 USD
Upside 14%
1 week ago
Jun 12, 2024
Monster Beverage price target lowered to $56 from $59 at Roth MKM
TheFly
Andrew Strelzik
BMO Capital
56 USD
Upside 14%
1 month ago
May 3, 2024
Monster Beverage price target lowered to $56 from $58 at BMO Capital
TheFly
Michael Lavery
Piper Sandler
59 USD
Upside 20%
1 month ago
May 3, 2024
Monster Beverage (MNST) PT Raised to $59 at Piper Sandler
StreetInsider
Bill Chappell
Truist Financial
46 USD
Downside 6%
1 month ago
Apr 25, 2024
Truist Securities Double Downgrades Monster Beverage (MNST) to Sell
StreetInsider
Michael Lavery
Piper Sandler
50 USD
Upside 2%
7 months ago
Oct 24, 2023
Monster Beverage Analyst Steps To The Sidelines As Bang Energy Sales Decline
Benzinga
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Bonnie Herzog
Goldman Sachs
Price Target 66 USD
Upside/Downside 34%
View Source
Nik Modi
RBC Capital
Price Target 65 USD
Upside/Downside 32%
View Source
Steve Powers
Deutsche Bank
Price Target 63 USD
Upside/Downside 28%
View Source
Kaumil Gajrawala
Jefferies
Price Target 61 USD
Upside/Downside 24%
View Source
Sean McGowan
Roth Capital
Price Target 56 USD
Upside/Downside 14%
View Source
Andrew Strelzik
BMO Capital
Price Target 56 USD
Upside/Downside 14%
View Source
Michael Lavery
Piper Sandler
Price Target 59 USD
Upside/Downside 20%
View Source
Bill Chappell
Truist Financial
Price Target 46 USD
Upside/Downside 6%
View Source
Michael Lavery
Piper Sandler
Price Target 50 USD
Upside/Downside 2%
View Source
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Monster Beverage Corp Competitors:
Price Targets
605499
Eastroc Beverage Group Co Ltd
5% Upside
FMX
Fomento Economico Mexicano SAB de CV
6% Upside
CELH
Celsius Holdings Inc
54% Upside
CCOLA.E
Coca-Cola Icecek AS
6% Upside
KDP
Keurig Dr Pepper Inc
9% Upside
PRMW
Primo Water Corp
3% Downside
COKE
Coca-Cola Consolidated Inc
86% Downside
1234
Hey-Song Corp
22% Downside

Revenue
Forecast

Revenue Estimate
Monster Beverage Corp

For the last 8 years the compound annual growth rate for Monster Beverage Corp's revenue is 13%. The projected CAGR for the next 3 years is 11%.

13%
Past Growth
11%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Monster Beverage Corp

For the last 8 years the compound annual growth rate for Monster Beverage Corp's operating income is 10%. The projected CAGR for the next 3 years is 14%.

10%
Past Growth
14%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Monster Beverage Corp

For the last 8 years the compound annual growth rate for Monster Beverage Corp's net income is 15%. The projected CAGR for the next 3 years is 15%.

15%
Past Growth
15%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MNST's stock price target?
Price Target
64.01 USD

According to Wall Street analysts, the average 1-year price target for MNST is 64.01 USD with a low forecast of 46.46 USD and a high forecast of 73.5 USD.

What is Monster Beverage Corp's Revenue forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Monster Beverage Corp's revenue is 13%. The projected CAGR for the next 3 years is 11%.

What is Monster Beverage Corp's Operating Income forecast?
Projected CAGR
14%

For the last 8 years the compound annual growth rate for Monster Beverage Corp's operating income is 10%. The projected CAGR for the next 3 years is 14%.

What is Monster Beverage Corp's Net Income forecast?
Projected CAGR
15%

For the last 8 years the compound annual growth rate for Monster Beverage Corp's net income is 15%. The projected CAGR for the next 3 years is 15%.