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Celsius Holdings (CELH) Shares Soar 9.91% on Strong International Sales
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 7:00 pm ET1min read
Celsius Holdings (CELH) shares surged 9.91% today, reaching their highest level since August 2024, with an intraday gain of 12.60%.
Analyst Gerald Pascarelli from Needham reiterated a Buy rating for
, raising the price target to $45.00. This positive outlook is driven by improving sales trends, new product innovations, strategic market positioning, and the integration of the brand Alani Nu, which is expected to boost financial results.Despite a 4.4% revenue decline year-over-year for Q4 2024, international sales surged by 39%, indicating robust global expansion, particularly in Asia. This strong performance in international markets suggests that Celsius Holdings is successfully tapping into new growth opportunities abroad.
Celsius Holdings stock gained 39% last month, highlighting strong recent performance. This upward trend reflects investor confidence in the company's strategic initiatives and market positioning, further bolstering the positive sentiment surrounding the stock.
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