Monster Beverage CorporationNasdaq: MNST
Consumer Staples · Soft Drinks & Non-alcoholic Beverages
$91.67
-1.38%
Vol: 2.4M
Research Digest
Wednesday, June 17, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Wells Fargo raises Monster Beverage price target to $97 from $87 with Overweight rating amid $500M new buyback authorization.Positive▶
Wells Fargo lifted its price target on Monster Beverage to $97 from $87 on May 18, reiterating an Overweight rating after the company's strong Q1 print. Management authorized a fresh $500 million share repurchase program on top of roughly $400 million remaining under prior authorization. Shares traded around $86.80 on May 20, with the stock setting a daily high of $87.63. The buyback follows Q1 2026 net sales growth of 26.9% to $2.35B, though gross margin compressed to 55.0% from 56.5% on higher aluminum and freight costs. International sales jumped 44.9% to $1.06B, now about 45% of total revenue. Thrivent Financial disclosed acquiring 19,942 shares in a May 20 filing.
May 20Monster authorizes new $500M buyback at May 14-15 annual meeting; Morgan Stanley lifts target to $100 after record Q1 sales above $2B.Positive▶
At Monster Beverage's May 14-15 annual meeting, stockholders re-elected ten directors, ratified Ernst & Young as auditor, and the board authorized a new $500 million share repurchase program (adding to ~$400 million remaining under the prior plan). Q1 2026 results released May 7 showed net sales up 26.9% to $2.35 billion (above $2.16B consensus), non-GAAP EPS of $0.58 versus $0.53 consensus, and international sales up 44.9% to ~$1.06 billion (45% of total). Morgan Stanley raised its price target to $100 from $96 with an Overweight rating, calling Monster's growth profile unique and more durable than peers, while RBC Capital raised to $88 from $86 (Outperform). Gross margin narrowed to 55.0% from 56.5% on aluminum and freight costs. The stock traded near $87 in mid-May with a 32-analyst average price target of $87.35.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Monster Beverage shares surged ~12-13% after May 7 Q1 2026 earnings beat with net sales jumping 26.9% to $2.35 billion and EPS of $0.58 vs. $0.53 consensus, plus a new $500 million buyback.Positive▶
On May 7, 2026, Monster Beverage reported Q1 2026 results with net sales rising 26.9% YoY to $2.35 billion (vs. $1.85 billion prior year), EPS of $0.58 beating the $0.53 forecast (a 9.43% surprise), operating income up 28.1% to $730.0 million, and net income up 28.6% to $569.5 million. The Monster Energy Drinks segment grew 27.6% to $2.19 billion and international net sales jumped 44.9% to $1.06 billion (~45% of total sales); currency-neutral revenue rose 22% with international up 33%. The stock surged 11.77% in after-hours trading on May 8 to $86.29, and traded between $85.79 and $87.91 on May 17. The company initiated a $500 million share repurchase program after repurchasing approximately 1.4 million shares at an average $73.86 for $100 million in Q1, leaving ~$400 million remaining. Director Mark J. Hall sold approximately $4.63 million in common stock on May 14, 2026.
May 15Morgan Stanley raised Monster Beverage PT to $100 (from $96) on May 10 after Q1 sales jumped 26.9% to $2.35B and international revenue surged 44.9%.Positive▶
Monster Beverage reported May 7 that Q1 2026 net sales rose 26.9% to $2.35B (vs $2.16B est.) with non-GAAP EPS of $0.58 (vs $0.53 est.) and net income up 28.6% to $569.5M. International net sales jumped 44.9% YoY and represented ~45% of total, the highest quarterly international contribution ever. The company repurchased 1.4M shares for ~$100M in Q1 with $400M remaining authorized. Morgan Stanley raised PT to $100 from $96 on May 10 with Overweight rating, citing strong Q1 and April results plus a more durable growth profile. Other analysts at Bank of America and Deutsche Bank also raised targets. Stock jumped ~13% on May 8 to around $86.
May 14Monster Beverage shares jumped 13% on May 8 after Q1 2026 EPS and revenue beat with 27% sales growth led by 45% international gainsPositive▶
On May 7, 2026, Monster Beverage reported Q1 2026 revenue of $2.35 billion versus the $2.16 billion consensus, up 26.9% year-over-year, with non-GAAP EPS of $0.58 versus the $0.53 estimate. Non-U.S. revenue surged 44.9% and now represents roughly 45% of total sales, evidencing that international is the primary growth engine. Shares rose 13.2% on May 8, with MNST trading at $86.41 as of May 11. Morgan Stanley raised its price target to $100 from $96, Bank of America to $99 from $96, and RBC Capital to $88 from $86. Gross margin slipped to 55.0% from 56.5% a year ago on geographic mix, higher aluminum can costs, and elevated freight-in, partially offset by pricing. The international acceleration validates Monster's global energy drink runway. The bear case: gross margin contraction at peak revenue growth suggests cost inflation could persist.
May 13Monster Beverage crushed Q1 with 26.9% revenue growth to a record $2.35B, sparking a 13% one-day rally and multiple analyst price target hikes.Positive▶
Monster Beverage reported Q1 2026 net sales of $2.35B, up 26.9% YoY and crossing the $2B quarterly threshold for the first time. Operating income rose 28.1% to $730M and net income jumped 28.6% to $569.5M ($0.58 EPS vs $0.45 prior year). International sales surged 44.9% to $1.06B, ~45% of total. Shares jumped 13.2% on May 8 and reached $86.41 by May 11. Morgan Stanley raised PT to $100 from $96, BofA to $99 from $96, and Deutsche Bank to $94 from $88. The company repurchased ~$100M of stock at avg $73.86 in Q1.
May 12Monster Beverage Q1 2026 net sales surge 26.9% to record $2.35B with EPS of $0.58 vs $0.53 consensus; international sales up 44.9% drives 13.2% stock jump.Positive▶
Monster Beverage reported Q1 2026 results on May 7, 2026 with net sales up 26.9% YoY to a record $2.35B (vs. $2.16B consensus) and EPS of $0.58 vs. $0.53 estimate. International sales surged 44.9%, now representing ~45% of total revenue, with double-digit sales growth across all regions. Strategic Brands segment (Predator, Fury, Coca-Cola legacy energy brands) grew 28.9% to $126.7M. Monster repurchased ~1.4M shares at avg $73.86 for ~$100M during Q1, with ~$400M remaining authorized. Shares jumped 13.2% on May 8 to near $86. Multiple analysts raised price targets: RBC to $88 from $86, Deutsche Bank to $94 from $88, Wells Fargo to $87 from $85, Evercore to $95 from $90, and Morgan Stanley to $100 from $96.
May 11Monster Beverage shares jumped 13.2% on May 8 after Q1 2026 sales rose 26.9% to $2.35B and EPS of $0.58 beat the $0.54 consensus, triggering broad analyst price target hikes.Positive▶
On May 7, 2026 Monster Beverage reported Q1 net sales of $2.35B (+26.9% YoY) and net income of $569.5M, with non-GAAP EPS of $0.58 versus $0.53 expected. International revenue surged 44.9% and now accounts for ~45% of the total, with CEO Hilton Schlosberg citing double-digit growth across all regions. Shares popped 13.2% on May 8 as multiple analysts (Morgan Stanley to $100, Deutsche Bank to $94, BofA to $99, Evercore to $95, RBC to $88, Wells Fargo to $87) lifted price targets. The print confirms the energy-drink category remains resilient and that international expansion is offsetting any U.S. softness. Risk: margin pressure and elevated valuation after the run from ~$75 to $86 leave little room for a Q2 disappointment.
May 8Monster Beverage beats Q1 2026 earnings expectations with 26.9% revenue growth to $2.35BPositive▶
Monster Beverage reported Q1 2026 financial results on May 7 with net sales increasing 26.9% to $2.35 billion, crossing the $2 billion threshold for the first time in a fiscal Q1. Earnings per diluted share increased 27.6% and operating income rose 28.1% year-over-year. The company exceeded market revenue expectations with adjusted EPS growth of 30% and net income growth of 27.6%. The Strategic Brands segment increased 28.9% to $126.7 million. Stock rose 9.5% to $83.23 post-earnings. The company demonstrates strong pricing power and operational momentum in energy drinks.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| KOCOCA | $79.91 | -0.47% | -2.4% | 22.9x | 0.35 | $343.9B |
| PEPPEPSICO | $141.41 | -3.22% | -5.8% | 15.5x | 0.36 | $193.5B |
| MNSTMONSTER | $91.67 | -1.38% | +6.2% | 35.4x | 0.54 | $89.6B |
| KDPKEURIG | $30.94 | -3.31% | +7.1% | 12.2x | 0.42 | $42.0B |
| WMTWALMART | $118.24 | -2.31% | -12.0% | 35.9x | 0.60 | $940.1B |
| COSTCOSTCO | $965.65 | -2.13% | -11.8% | 42.7x | 0.87 | $428.2B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.