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NASDAQ: MNST
Monster Beverage Corp Stock Forecast, Predictions & Price Target

Analyst price target for MNST

Based on 11 analysts offering 12 month price targets for Monster Beverage Corp.
Min Forecast
$55.00+1.36%
Avg Forecast
$61.64+13.59%
Max Forecast
$72.00+32.69%

Should I buy or sell MNST stock?

Based on 11 analysts offering ratings for Monster Beverage Corp.
Strong Buy
Strong Buy
7 analysts 63.64%
Buy
2 analysts 18.18%
Hold
2 analysts 18.18%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MNST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-20
lockedlocked$00.00+00.00%2023-11-20
lockedlocked$00.00+00.00%2023-11-13
lockedlocked$00.00+00.00%2023-10-31
lockedlocked$00.00+00.00%2023-10-17
Citigroup
Bottom 13%
13
Strong BuyMaintains$60.00+10.58%2023-10-11
HSBC
Top 31%
70
Strong BuyInitiates Coverage On$72.00+32.69%2023-08-14
Evercore ISI Group
Bottom 19%
19
BuyReiterates$65.00+19.79%2023-08-10
RBC Capital
Bottom 3%
3
BuyReiterates$60.00+10.58%2023-08-07
Morgan Stanley
Top 4%
97
Strong BuyReiterates$63.00+16.11%2023-08-04

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Forecast return on equity

Is MNST forecast to generate an efficient return?
Company
N/A
Industry
20.53%
Market
30.45%

Forecast return on assets

Is MNST forecast to generate an efficient return on assets?
Company
N/A
Industry
5.54%

MNST revenue forecast

What is MNST's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$7.2B+3.29%
Avg 2 year Forecast
$7.9B+14.72%
Avg 3 year Forecast
$8.7B+25.61%
MNST's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MNST earnings growth forecast

How is MNST forecast to perform vs Beverages - Non-Alcoholic companies and vs the US market?
Company
7.11%
Industry
9.46%
Market
17.93%
MNST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MNST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MNST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MNST revenue growth forecast

How is MNST forecast to perform vs Beverages - Non-Alcoholic companies and vs the US market?
Company
7.93%
Industry
3.84%
Market
7.54%
MNST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MNST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MNST vs Beverage Stocks

TickerPricePrice TargetUp/downsideConsensus
MNST$54.26$61.64+13.59%Strong Buy
KDP$32.03$37.29+16.41%Strong Buy
CCEP$62.28$70.25+12.80%Strong Buy
KOF$87.30$98.39+12.71%Strong Buy
CELH$52.00$72.00+38.46%Strong Buy

Monster Beverage Stock Forecast FAQ

Is Monster Beverage Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: MNST) stock is to Strong Buy MNST stock.

Out of 11 analysts, 7 (63.64%) are recommending MNST as a Strong Buy, 2 (18.18%) are recommending MNST as a Buy, 2 (18.18%) are recommending MNST as a Hold, 0 (0%) are recommending MNST as a Sell, and 0 (0%) are recommending MNST as a Strong Sell.

If you're new to stock investing, here's how to buy Monster Beverage stock.

What is MNST's revenue growth forecast for 2023-2025?

(NASDAQ: MNST) Monster Beverage's forecast annual revenue growth rate of 7.93% is forecast to beat the US Beverages - Non-Alcoholic industry's average forecast revenue growth rate of 3.84%, and it is also forecast to beat the US market's average forecast revenue growth rate of 7.54%.

Monster Beverage's revenue in 2023 is $6,922,850,000.On average, 10 Wall Street analysts forecast MNST's revenue for 2023 to be $7,439,617,594,159, with the lowest MNST revenue forecast at $7,331,678,046,952, and the highest MNST revenue forecast at $7,511,778,444,290. On average, 10 Wall Street analysts forecast MNST's revenue for 2024 to be $8,263,167,498,313, with the lowest MNST revenue forecast at $8,096,554,342,168, and the highest MNST revenue forecast at $8,444,950,289,312.

In 2025, MNST is forecast to generate $9,047,418,892,312 in revenue, with the lowest revenue forecast at $8,511,538,535,584 and the highest revenue forecast at $9,308,828,740,556.

What is MNST's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: MNST) forecast ROA is N/A, which is lower than the forecast US Beverages - Non-Alcoholic industry average of 5.54%.

What is MNST's Price Target?

According to 11 Wall Street analysts that have issued a 1 year MNST price target, the average MNST price target is $61.64, with the highest MNST stock price forecast at $72.00 and the lowest MNST stock price forecast at $55.00.

On average, Wall Street analysts predict that Monster Beverage's share price could reach $61.64 by Nov 20, 2024. The average Monster Beverage stock price prediction forecasts a potential upside of 13.59% from the current MNST share price of $54.26.

What is MNST's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: MNST) forecast ROE is N/A, which is considered weak.
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