Celsius Holdings Surges to 242nd in Daily Trading Volume with $340 Million Turnover Despite Stock Decline
On May 19, 2025, Celsius Holdings (CELH) experienced a significant increase in trading volume, with a turnover of $340 million, marking a 57.34% rise from the previous day. This surge placed Celsius in the 242nd position in terms of daily trading volume. However, despite the high trading volume, the stock price of Celsius Holdings declined by 4.80%.
Needham & Company LLC maintained a "buy" rating for Celsius Holdings, setting a price target of $45.00 per share in a research report released on May 9. This rating suggests a positive outlook for the company's stock performance in the near future.
Baird Financial Group Inc. reduced its holdings in Celsius Holdings by 62.3% during the fourth quarter. This significant reduction in holdings could indicate a shift in the investment strategy of the financial group, potentially impacting the stock's performance.
Celsius Holdings is making strides in the energy drink market, but analysts caution that slowing revenue growth and competitive pressures may require a more cautious approach. This analysis highlights the need for investors to consider both the opportunities and challenges facing the company.