Fulcrum Asset Management LLP grew its holdings in Monster Beverage Corporation (NASDAQ:MNST – Free Report) by 106.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 138,048 shares of the company’s stock after buying an additional 71,116 shares during the period. Fulcrum Asset Management LLP’s holdings in Monster Beverage were worth $5,762,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Johnson Financial Group Inc. purchased a new position in shares of Monster Beverage in the 2nd quarter valued at approximately $27,000. Jones Financial Companies Lllp purchased a new stake in Monster Beverage during the 2nd quarter worth approximately $28,000. Trust Co. of Vermont purchased a new stake in Monster Beverage during the 2nd quarter worth approximately $30,000. NBH Bank purchased a new stake in Monster Beverage during the 2nd quarter worth approximately $32,000. Finally, Clearstead Trust LLC acquired a new position in Monster Beverage during the 2nd quarter valued at approximately $32,000. Institutional investors and hedge funds own 72.36% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on MNST. Piper Sandler raised their price target on shares of Monster Beverage from $50.50 to $53.00 and gave the stock an “overweight” rating in a report on Friday. Morgan Stanley lifted their price objective on shares of Monster Beverage from $103.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Wells Fargo & Company boosted their price objective on shares of Monster Beverage from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Friday. JPMorgan Chase & Co. cut their target price on Monster Beverage from $49.50 to $49.00 and set a “neutral” rating on the stock in a research report on Monday, October 26th. Finally, Evercore reduced their target price on Monster Beverage from $95.00 to $52.00 in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.05.
Check Out Our Latest Stock Report on Monster Beverage
Key Headlines Impacting Monster Beverage
Here are the key news stories impacting Monster Beverage this week:
- Positive Sentiment: International demand drove growth: net sales rose 16.7% year over year to $2.56 billion, with sales outside the U.S. up 28.1% to $1.20 billion—47% of total sales. Adjusted EPS was $0.30, up from $0.28 a year earlier. Monster Beverage Reports 2026 Third Quarter Financial Results
- Positive Sentiment: Wells Fargo raised its price target to $52 from $50 and Piper Sandler lifted its target to $53 from $50.50; both maintained “overweight” ratings, signaling continued analyst optimism. Wells Fargo price-target update Piper Sandler price-target update
- Negative Sentiment: Despite the revenue beat, adjusted earnings matched consensus, and reports cited rising cost pressures and margin weakness. The market’s focus on profitability appears to have outweighed sales growth, with shares falling after the results. Monster Beverage shares slip after Q3 results as margin pressure offsets sales growth
Monster Beverage Stock Performance
MNST opened at $45.72 on Monday. Monster Beverage Corporation has a 12-month low of $34.26 and a 12-month high of $50.17. The firm has a market capitalization of $89.57 billion, a PE ratio of 41.38, a P/E/G ratio of 2.89 and a beta of 0.51. The firm has a 50 day moving average of $44.71 and a two-hundred day moving average of $43.30.
Monster Beverage (NASDAQ:MNST – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.30 EPS for the quarter, meeting the consensus estimate of $0.30. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Monster Beverage had a net margin of 22.66% and a return on equity of 24.99%. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.56 EPS. As a group, analysts predict that Monster Beverage Corporation will post 1.15 EPS for the current fiscal year.
Monster Beverage Company Profile
Monster Beverage Corporation develops, markets and sells energy drinks and other beverages. Its portfolio includes Monster Energy, Reign, NOS and Full Throttle, along with products in categories such as sports drinks, juices and alcoholic beverages.
The company traces its roots to Hansen’s, a beverage business established in the 1930s. It introduced the Monster Energy brand in 2002 and adopted the Monster Beverage name in 2012.
Based in Corona, California, Monster sells its products in the United States and internationally.
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