Monster Beverage stock rose 1.1% following recent analyst activity. Evercore ISI Group maintained an "Outperform" rating and raised its price target from $80.00 to $85.00. Deutsche Bank Aktiengesellschaft raised its price target from $84.00 to $88.00 while reiterating a "buy" rating. These adjustments contributed to a consensus "Moderate Buy" rating among analysts. However, Wall Street Zen downgraded the stock to a "Hold" rating. The average price target from 23 analysts suggests a slight downside from the current stock price, while GuruFocus estimates a larger downside based on its GF Value. Monster Beverage has strong cash flow and no long-term debt according to available reports.
Read full analysisMonster Beverage stock rose 1.1% following recent analyst activity. Evercore ISI Group maintained an "Outperform" rating and raised its price target from $80.00 to $85.00. Deutsche Bank Aktiengesellschaft raised its price target from $84.00 to $88.00 while reiterating a "buy" rating. These adjustments contributed to a consensus "Moderate Buy" rating among analysts. However, Wall Street Zen downgraded the stock to a "Hold" rating. The average price target from 23 analysts suggests a slight downside from the current stock price, while GuruFocus estimates a larger downside based on its GF Value. Monster Beverage has strong cash flow and no long-term debt according to available reports.
Monster Beverage is one of the largest energy drink companies globally, known for its Monster Energy brand that competes with Red Bull and PepsiCo's Rockstar. The company carries no long-term debt and generates strong cash flow, positioning it as a hybrid between consumer staples stability and growth. Today's move reflects its defensive characteristics, as investors rotated into staples during a broad market selloff.