Monster Beverage Corporation — Wall Street Analyst Estimates & Price Targets

MNST

NASDAQConsumer DefensiveBeverages - Non-AlcoholicCIK 0000865752monsterbevcorp.comAbout MNST

Last close · Oct 16, 202645.73+0.39 (+0.86%)

Market cap$89.6B

3 firms' latest targets, last 90 days: median $97.00 ($95.00–$100.00), 112% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 3 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-08-10	Deutsche Bank	$100.00	$98.00	▲ 2%	+11%	+119%
2026-08-05	RBC Capital	$97.00	$86.00	▲ 13%	+2%	+112%
2026-07-20	BMO Capital	$95.00	$73.00	▲ 30%	-3%	+108%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$7.1B	+13%	—	—	est. $7.2B+0%	est. $1.57	15
2024reported	$7.5B	+5%	—	—	est. $7.5B+0%	est. $0.82	15
2025reported	$8.3B	+11%	—	—	est. $8.2B+1%	est. $1.00	16
2026	$9.8B	+18%	$1.16	+17%	$9.3B–$9.9B	$1.14–$1.25	18
2027	$10.7B	+10%	$1.31	+13%	$10.1B–$11.1B	$1.23–$1.51	18
2028	$11.7B	+10%	$1.48	+13%	$11.0B–$12.4B	$1.42–$1.53	16
2029	$12.9B	+10%	$1.66	+13%	$12.2B–$13.4B	$1.54–$1.74	14
2030	$13.5B	+5%	$1.77	+6%	$12.8B–$14.0B	$1.64–$1.85	14

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$97.00median target, 112% above the last close

Firms with a target · last 90 days: 3
Lowest – highest target: $95.00 – $100.00
Current grades of 14 firms: positive / neutral / negative: 9 / 5 / 0
Upgrades / downgrades · 12 months: 1 / 1
Consensus revenue growth · next 3 FY: +12% a year

Current grades

each firm's latest · 14 firms

As of	Firm	Grade
2026-10-05	Wells Fargo	“Overweight”
2026-08-07	RBC Capital	“Outperform”
2026-08-07	Evercore ISI	“Outperform”
2026-08-07	Piper Sandler	“Overweight”
2026-08-07	UBS	“Neutral”
2026-07-20	Deutsche Bank	“Hold”
2026-07-20	BMO Capital	“Market Perform”
2026-07-16	Stifel	“Buy”
2026-07-14	Citigroup	“Buy”
2026-06-01	Morgan Stanley	“Overweight”

4 more

2026-05-08	J.P. Morgan	“Neutral”
2026-05-06	Rothschild & Co	“Buy”
2026-01-08	TD Cowen	“Hold”
2025-11-07	Bank of America	“Buy”

Grade changes

last 24 months · 5

Date	Firm	Grade
2026-07-20	Deutsche Bank	“Buy” → “Hold” downgrade
2026-05-06	Rothschild & Co	“Neutral” → “Buy” upgrade
2025-08-08	Piper Sandler	“Neutral” → “Overweight” upgrade
2025-07-09	Rothschild & Co Redburn	“Buy” → “Neutral” downgrade
2025-05-12	CICC	“Market Perform” → “Outperform” upgrade

53 older than 24 months

2024-04-25	J.P. Morgan	“Overweight” → “Neutral” downgrade
2024-04-25	Truist	“Buy” → “Sell” downgrade
2023-10-24	Piper Sandler	“Overweight” → “Neutral” downgrade
2023-08-07	Piper Sandler	“Neutral” → “Overweight” upgrade
2023-03-06	Rothschild & Co Redburn	“Neutral” → “Buy” upgrade
2022-11-01	J.P. Morgan	“Neutral” → “Overweight” upgrade
2022-05-18	Bernstein	“Market Perform” → “Outperform” upgrade
2022-02-17	BMO Capital	“Market Perform” → “Perform” revised
2021-10-13	Jefferies	“Buy” → “Hold” downgrade
2021-07-23	Citigroup	“Neutral” → “Buy” upgrade
2021-02-26	Evercore ISI	“In Line” → “Outperform” upgrade
2021-01-20	Bernstein	“Market Perform” → “Perform” revised
2020-11-03	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2020-05-11	Citigroup	“Buy” → “Neutral” downgrade
2020-03-20	Guggenheim	“Neutral” → “Buy” upgrade
2020-03-18	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2020-02-03	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2019-10-17	TD Cowen	“Outperform” → “Market Perform” downgrade
2019-10-02	Guggenheim	“Buy” → “Neutral” downgrade
2019-04-01	Macquarie	“Outperform” → “Neutral” downgrade
2019-03-20	Goldman Sachs	“Buy” → “Neutral” downgrade
2019-03-12	BMO Capital	“Outperform” → “Market Perform” downgrade
2019-01-08	Truist	“Hold” → “Buy” upgrade
2018-11-08	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2018-10-15	Evercore ISI	“Outperform” → “In Line” downgrade
2018-05-09	J.P. Morgan	“Overweight” → “Neutral” downgrade
2018-03-05	Deutsche Bank	“Hold” → “Buy” upgrade
2017-11-20	Susquehanna	“Neutral” → “Negative” downgrade
2016-12-21	Jefferies	“Hold” → “Buy” upgrade
2016-07-18	Wells Fargo	“Outperform” → “Market Perform” downgrade
2016-02-26	CLSA	“Outperform” → “Buy” revised
2016-02-01	Wells Fargo	“Market Perform” → “Outperform” upgrade
2015-09-24	Goldman Sachs	“Neutral” → “Buy” upgrade
2015-09-16	CLSA	“Buy” → “Outperform” revised
2015-08-13	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2015-06-12	UBS	“Neutral” → “Hold” revised
2015-05-11	Citigroup	“Neutral” → “Buy” upgrade
2015-05-08	Goldman Sachs	“Buy” → “Neutral” downgrade
2015-01-13	Wells Fargo	“Outperform” → “Market Perform” downgrade
2014-12-16	CLSA	“Outperform” → “Buy” revised
2014-12-01	RBC Capital	“Top Pick” → “Outperform” downgrade
2014-09-16	TD Cowen	“Market Perform” → “Perform” revised
2014-08-19	Truist	“Buy” → “Neutral” downgrade
2014-08-18	Jefferies	“Buy” → “Hold” downgrade
2014-08-08	Longbow Research	“Underperform” → “Neutral” upgrade
2014-07-28	UBS	“Buy” → “Neutral” downgrade
2014-07-21	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2014-02-25	Longbow Research	“Neutral” → “Underperform” downgrade
2013-12-16	RBC Capital	“Outperform” → “Top Pick” upgrade
2013-12-02	J.P. Morgan	“Neutral” → “Overweight” upgrade
2013-05-09	Gabelli & Co.	“Buy” → “Hold” downgrade
2012-12-11	Stifel	“Hold” → “Buy” upgrade
2012-10-10	Stifel	“Buy” → “Hold” downgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.