Monster Beverage (MNST) Shares Soar 1.43% on Earnings Beat

Monster Beverage (MNST) shares surged 1.43%, reaching their highest level since March 2023, with an intraday gain of 2.81%.

The strategy of buying MNST shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The 5-year total return was 82.85%, with an annual compound return of 13.28%. This indicates that the strategy capitalized on the stock's upward momentum, although the returns were slightly below the market average.

Monster Beverage reported a 2.2% increase in net sales for its Monster Energy® Drinks segment in the first quarter of 2025, adjusted for foreign currency. However, total revenue saw a year-over-year decline of 2.4%.

Despite lower sales, Monster Beverage posted an earnings beat in the first quarter, demonstrating a robust recovery with improved margins. This positive outlook is driven by strong demand and supply chain improvements, leading to an increased EPS forecast and a rise in the stock price target from Deutsche Bank.

Piper Sandler raised Monster Beverage's price target from $51 to $54, maintaining a Neutral rating. This adjustment may influence investor sentiment positively.

Strong organic sales in April contributed to Monster Beverage hitting a record high, supported by international growth despite earlier quarterly declines. This performance reflects investor optimism and confidence in the company's future prospects.