Celsius HoldingsCELH
About: Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 96% of revenue concentrated in North America. Celsius' products contain natural ingredients and a metabolism-enhancing formulation, appealing to fitness and active lifestyle enthusiasts. The firm's portfolio includes its namesake Celsius Originals beverages (including those that are naturally caffeinated with stevia), Celsius Essentials line (containing aminos), and Celsius On-the-Go powder packets. Celsius dedicates its efforts to branding and innovation, while it utilizes third parties for the manufacturing, packaging, and distribution of its products. In 2022, Celsius forged a 20-year distribution agreement with PepsiCo, which holds an 8.5% stake in the business.
Employees: 765
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
44% more repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 164
17% more call options, than puts
Call options by funds: $862M | Put options by funds: $736M
7.08% more ownership
Funds ownership: 64.07% [Q1] → 71.15% (+7.08%) [Q2]
5% less funds holding
Funds holding: 584 [Q1] → 556 (-28) [Q2]
20% less first-time investments, than exits
New positions opened: 113 | Existing positions closed: 141
23% less capital invested
Capital invested by funds: $12.4B [Q1] → $9.47B (-$2.89B) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 9 [Q1] → 6 (-3) [Q2]
Research analyst outlook
22 Wall Street Analysts provided 1 year price targets over the past 3 months
22 analyst ratings
Truist Securities Bill Chappell 70% 1-year accuracy 14 / 20 met price target | 9%upside $35 | Hold Maintained | 16 Oct 2024 |
Roth MKM Sean McGowan 24% 1-year accuracy 5 / 21 met price target | 34%upside $43 | Buy Maintained | 27 Sept 2024 |
Piper Sandler Michael Lavery 64% 1-year accuracy 18 / 28 met price target | 46%upside $47 | Overweight Maintained | 24 Sept 2024 |
Truist Securities Bill Chappell 70% 1-year accuracy 14 / 20 met price target | 7%downside $30 | Hold Maintained | 6 Sept 2024 |
Maxim Group Anthony Vendetti 50% 1-year accuracy 5 / 10 met price target | 55%upside $50 | Buy Maintained | 5 Sept 2024 |
Financial journalist opinion
Based on 46 articles about CELH published over the past 30 days