UBS Boosts Monster Beverage's Price Target to $64

UBS has revised its price target for Monster Beverage (MNST) from $63 to $64, maintaining a Neutral stance. The adjustment reflects a slight increase in the anticipated value of MNST shares. The average target price for Monster Beverage Corp is $62.36, with a high estimate of $74 and a low estimate of $49. The average target implies an upside of 6.32% from the current price of $58.65. The company reported net sales of $1.85 billion for Q1 2025, a decrease of 2.3% from Q1 2024. Gross profit margin increased to 56.5% in Q1 2025 from 54.1% in Q1 2024.

UBS has revised its price target for Monster Beverage (MNST) from $63 to $64, maintaining a Neutral stance. The adjustment reflects a slight increase in the anticipated value of MNST shares. The average target price for Monster Beverage Corp is $62.36, with a high estimate of $74 and a low estimate of $49. The average target implies an upside of 6.32% from the current price of $58.65 [1].

Monster Beverage reported net sales of $1.85 billion for Q1 2025, a decrease of 2.3% from Q1 2024. Gross profit margin increased to 56.5% in Q1 2025 from 54.1% in Q1 2024 [1]. The company's earnings per share (EPS) increased by 7.4% to $0.45 in Q1 2025 from $0.42 in Q1 2024 [1].

Analysts predict a profit increase to $0.48 per share for Q2 2025, a 17.1% rise from the same quarter last year [2]. The company's stock has shown resilience, outperforming the S&P 500 and Consumer Staples Select Sector SPDR Funds over the past year. Despite challenges in the first quarter, Monster's adjusted EPS increased by 10.2% year-over-year to $0.47, marking the first time in six quarters that the company surpassed Street expectations [2].

Looking forward, Monster's EPS is projected to rise to $1.85 for fiscal 2025, a 14.2% increase from fiscal 2024, with further growth expected in fiscal 2026 to $2.07 per share, a year-over-year surge of 11.9% [2].

As of now, the stock holds a consensus "Moderate Buy" rating, with a mean price target of $63.40, indicating an 8.1% potential upside [2].

References

[1] https://www.gurufocus.com/news/2984362/ubs-adjusts-price-target-for-monster-beverage-mnst-mnst-stock-news
[2] https://www.indexbox.io/blog/monster-beverage-corporation-set-for-q2-earnings-report/