$54.25
-0.44[-0.80%]
At close: Apr 17
$54.25
0[0.00%]
After Hours: 4:20PM EDT
Monster Beverage
(NASDAQ:MNST)Monster Beverage Stock (NASDAQ:MNST), Analyst Ratings, Price Targets, Predictions
Monster Beverage Corp has a consensus price target of $72.07, established from looking at the 74 latest analyst ratings. The last 3 analyst ratings were released from HSBC, Morgan Stanley, and RBC Capital on March 6, 2024, February 29, 2024, and February 29, 2024. With an average price target of $67 between HSBC, Morgan Stanley, and RBC Capital, there's an implied 23.50% upside for Monster Beverage Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
HSBC
Morgan Stanley
RBC Capital
BMO Capital
UBS
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Monster Beverage
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/06/2024 | MNST | Buy Now | Monster Beverage | $54.25 | 25.35% | HSBC | Carlos Laboy | $72 → $68 | Maintains | Buy | Get Alert |
| 02/29/2024 | MNST | Buy Now | Monster Beverage | $54.25 | 25.35% | Morgan Stanley | Dara Mohsenian | $63 → $68 | Maintains | Overweight | Get Alert |
| 02/29/2024 | MNST | Buy Now | Monster Beverage | $54.25 | 19.82% | RBC Capital | Nik Modi | $60 → $65 | Maintains | Outperform | Get Alert |
| 01/17/2024 | MNST | Buy Now | Monster Beverage | $54.25 | 6.91% | BMO Capital | Andrew Strelzik | $57 → $58 | Maintains | Market Perform | Get Alert |
| 01/10/2024 | MNST | Buy Now | Monster Beverage | $54.25 | 14.29% | UBS | Peter Grom | $57 → $62 | Maintains | Neutral | Get Alert |
| 11/20/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 6.91% | Piper Sandler | Michael Lavery | $50 → $58 | Maintains | Neutral | Get Alert |
| 11/20/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 1.38% | Roth MKM | Sean McGowan | $57 → $55 | Maintains | Neutral | Get Alert |
| 11/13/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 19.82% | Jefferies | Kaumil Gajrawala | → $65 | Initiates | → Buy | Get Alert |
| 10/31/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 5.07% | JP Morgan | Andrea Teixeira | $65 → $57 | Maintains | Overweight | Get Alert |
| 10/24/2023 | MNST | Buy Now | Monster Beverage | $54.25 | -7.83% | Piper Sandler | Michael Lavery | $63 → $50 | Downgrade | Overweight → Neutral | Get Alert |
| 10/17/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 6.91% | B of A Securities | Peter Galbo | $63 → $58 | Maintains | Buy | Get Alert |
| 10/11/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 10.6% | Citigroup | Filippo Falorni | $67 → $60 | Maintains | Buy | Get Alert |
| 08/14/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 32.72% | HSBC | Carlos Laboy | → $72 | Initiates | → Buy | Get Alert |
| 08/10/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 5.07% | MKM Partners | Sean McGowan | $55 → $57 | Maintains | Neutral | Get Alert |
| 08/10/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 19.82% | Evercore ISI Group | Robert Ottenstein | → $65 | Reiterates | Outperform → Outperform | Get Alert |
| 08/07/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 10.6% | RBC Capital | Nik Modi | → $60 | Reiterates | Outperform → Outperform | Get Alert |
| 08/07/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 16.13% | Piper Sandler | Michael Lavery | $60 → $63 | Upgrade | Neutral → Overweight | Get Alert |
| 08/04/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 16.13% | Morgan Stanley | Dara Mohsenian | $63 → $63 | Reiterates | Overweight → Overweight | Get Alert |
| 07/31/2023 | MNST | Buy Now | Monster Beverage | $54.25 | 19.82% | Stifel | Mark Astrachan | $63 → $65 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Monster Beverage (MNST)?
The latest price target for Monster Beverage (NASDAQ: MNST) was reported by HSBC on March 6, 2024. The analyst firm set a price target for $68.00 expecting MNST to rise to within 12 months (a possible 25.35% upside). 29 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Monster Beverage (MNST)?
The latest analyst rating for Monster Beverage (NASDAQ: MNST) was provided by HSBC, and Monster Beverage maintained their buy rating.
When was the last upgrade for Monster Beverage (MNST)?
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.
When was the last downgrade for Monster Beverage (MNST)?
The last downgrade for Monster Beverage Corp happened on October 24, 2023 when Piper Sandler changed their price target from $63 to $50 for Monster Beverage Corp.
When is the next analyst rating going to be posted or updated for Monster Beverage (MNST)?
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 March 6, 2024 so you should expect the next rating to be made available sometime around March 6, 2025.
Is the Analyst Rating Monster Beverage (MNST) correct?
While ratings are subjective and will change, the latest Monster Beverage (MNST) rating was a maintained with a price target of $72.00 to $68.00. The current price Monster Beverage (MNST) is trading at is $54.25, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.