Monster Beverage (NASDAQ:MNST) Releases Quarterly Earnings Results, Hits Estimates

Monster Beverage (NASDAQ:MNST) posted its quarterly earnings data on Friday. The company reported $0.30 earnings per share for the quarter, hitting the consensus estimate of $0.30, Zacks reports. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Monster Beverage had a return on equity of 26.02% and a net margin of 23.08%. Monster Beverage’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.56 earnings per share.

Monster Beverage Stock Down 4.4%

Shares of MNST stock traded down $2.11 during trading on Friday, reaching $45.72. 15,680,007 shares of the company’s stock were exchanged, compared to its average volume of 11,133,909. Monster Beverage has a twelve month low of $34.26 and a twelve month high of $50.17. The stock has a market capitalization of $89.57 billion, a PE ratio of 42.33, a PEG ratio of 3.07 and a beta of 0.51. The firm’s fifty day moving average price is $44.71 and its 200-day moving average price is $43.30.

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

Analyst Upgrades and Downgrades

Several research firms have commented on MNST. Morgan Stanley boosted their target price on Monster Beverage from $103.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Sanford C. Bernstein decreased their price target on shares of Monster Beverage from $95.00 to $50.00 in a research note on Sunday, August 23rd. Evercore decreased their price target on shares of Monster Beverage from $95.00 to $52.00 in a research note on Thursday, October 8th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $48.50 price objective (down from $97.00) on shares of Monster Beverage in a report on Wednesday, August 5th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $47.50 price objective (up from $36.50) on shares of Monster Beverage in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

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.