Parallel Advisors LLC increased its stake in Monster Beverage Corporation (NASDAQ:MNST – Free Report) by 88.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 178,005 shares of the company’s stock after purchasing an additional 83,751 shares during the quarter. Parallel Advisors LLC’s holdings in Monster Beverage were worth $7,409,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Alps Advisors Inc. raised its holdings in shares of Monster Beverage by 109.4% during the third quarter. Alps Advisors Inc. now owns 46,206 shares of the company’s stock valued at $1,923,000 after purchasing an additional 24,140 shares during the period. Ashton Thomas Private Wealth LLC grew its stake in shares of Monster Beverage by 97.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 28,963 shares of the company’s stock valued at $1,205,000 after buying an additional 14,308 shares during the period. Providence First Trust Co grew its stake in shares of Monster Beverage by 56.7% in the 3rd quarter. Providence First Trust Co now owns 14,260 shares of the company’s stock valued at $594,000 after buying an additional 5,161 shares during the period. Calamos Advisors LLC grew its stake in shares of Monster Beverage by 104.1% in the 3rd quarter. Calamos Advisors LLC now owns 359,293 shares of the company’s stock valued at $14,954,000 after buying an additional 183,281 shares during the period. Finally, Alamar Capital Management LLC grew its stake in shares of Monster Beverage by 92.7% in the 3rd quarter. Alamar Capital Management LLC now owns 19,081 shares of the company’s stock valued at $794,000 after buying an additional 9,178 shares during the period. Institutional investors and hedge funds own 72.36% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently commented on MNST. Weiss Ratings raised Monster Beverage from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. BMO Capital Markets reiterated a “market perform” rating and issued a $47.50 price target (up from $36.50) on shares of Monster Beverage in a report on Monday, July 20th. Evercore reduced their price objective on Monster Beverage from $95.00 to $52.00 in a research note on Thursday, October 8th. Sanford C. Bernstein decreased their price objective on Monster Beverage from $95.00 to $50.00 in a report on Sunday, August 23rd. Finally, Citigroup restated a “buy” rating on shares of Monster Beverage in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Monster Beverage presently has an average rating of “Moderate Buy” and an average target price of $67.05.
Get Our Latest Analysis on MNST
Monster Beverage Trading Down 4.4%
Monster Beverage stock opened at $45.72 on Friday. Monster Beverage Corporation has a 1-year low of $34.26 and a 1-year high of $50.17. The firm has a market capitalization of $89.57 billion, a price-to-earnings ratio of 41.38, a price-to-earnings-growth ratio of 2.88 and a beta of 0.51. The firm’s fifty day moving average price is $44.71 and its two-hundred day moving average price is $43.30.
Monster Beverage (NASDAQ:MNST – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.30. The firm 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 25.75%. The business’s revenue was up 16.7% on a year-over-year basis. During the same period last year, the company earned $0.56 earnings per share. On average, research analysts forecast that Monster Beverage Corporation will post 1.15 EPS for the current year.
Monster Beverage News Summary
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
About Monster Beverage
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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