Celsius Holdings (CELH)

• Market cap: $6.4B
• 1 day: -1.30%
• 5 days: 3.26%
• 1 month: -6.87%
• 3 months: -15.38%
• 6 months: -46.34%
• Year to date: 0.11%
• 1 year: -54.52%
• 5 years: 1,456.00%
• 10 years: 1,917.04%
• Sector: Consumer Staples
• Industry: Bottled & Canned Soft Drinks & Carbonated Waters

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, 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 Q3 regulatory filings by fund managers ($100M+ AUM)

21% more repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 160

10% less funds holding

Funds holding: 556 [Q2] → 502 (-54) [Q3]

12% less call options, than puts

Call options by funds: $576M | Put options by funds: $654M

11.93% less ownership

Funds ownership: 80.23% [Q2] → 68.31% (-11.93%) [Q3]

33% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 143

53% less capital invested

Capital invested by funds: $10.7B [Q2] → $4.99B (-$5.69B) [Q3]

83% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 1 (-5) [Q3]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $32 18% upside
• Avg. target: $43 56% upside
• High target: $68 150% upside

9 analyst ratings

• positive: 6 67%
• neutral: 3 33%
• negative: 0 0%

UBS Peter Grom 41% 1-year accuracy 9 / 22 met price target	43% upside $39	Buy Maintained	16 Jan 2025
Needham Gerald Pascarelli 8% 1-year accuracy 2 / 24 met price target	40% upside $38	Buy Reiterated	6 Jan 2025
Morgan Stanley Eric Serotta 100% 1-year accuracy 2 / 2 met price target	54% upside $42	Equal-Weight Maintained	26 Dec 2024
Roth MKM Sean McGowan 17% 1-year accuracy 5 / 29 met price target	40% upside $38	Buy Maintained	16 Dec 2024
JP Morgan Andrea Teixeira 39% 1-year accuracy 21 / 54 met price target	36% upside $37	Overweight Initiated	12 Dec 2024