Street View-Monster Beverage rises on successful Q3, new launches
Shares of Monster Beverage MNST.O up 5.2% at $69.77 in afternoon trading
Monster Beverage beat revenue and profit estimates helped by resilient demand for its sugar- free energy drinks amid economic uncertainty
At least 7 brokerages raised PT after results this Thursday
Median PT of 24 brokerages is $75- data compiled by LSEG
GAINS ON PRICING, INNOVATION, AND GLOBAL STRENGTH
Piper Sandler("overweight";PT: $75): Monster is expected to maintain strong gross margins in Q4, supported by pricing actions, though mix headwinds may partially offset the gains
Jefferies("Buy";PT: $80): Innovation is proving incremental in 2026, pricing is helping offset cost pressure and promising revenue growth
JP Morgan("Neutral";PT:$75): Inflationary pressures are expected to intensify, but management sees pricing actions largely offsetting the impact, with gross margins likely to hold steady quarter-on-quarter in Q4.
Stifel("Buy"; PT: $78): Raising estimates to reflect stronger consumption trends and a better margin performance including price realization in 2026.
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