Celsius Holdings (CELH) Shares Soar 9.91% on Strong International Sales

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 Celsius Holdings, 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.