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, 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 call options, than puts
Call options by funds: $576M | Put options by funds: $639M
8.4% less ownership
Funds ownership: 71.94% [Q2] → 63.54% (-8.4%) [Q3]
10% less funds holding
Funds holding: 556 [Q2] → 502 (-54) [Q3]
36% less first-time investments, than exits
New positions opened: 96 | Existing positions closed: 150
52% less capital invested
Capital invested by funds: $9.57B [Q2] → $4.64B (-$4.93B) [Q3]
83% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 1 (-5) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Morgan Stanley Eric Serotta 100% 1-year accuracy 1 / 1 met price target | 56%upside $42 | Equal-Weight Maintained | 18 Dec 2024 |
Roth MKM Sean McGowan 27% 1-year accuracy 8 / 30 met price target | 41%upside $38 | Buy Maintained | 16 Dec 2024 |
JP Morgan Andrea Teixeira 45% 1-year accuracy 24 / 53 met price target | 37%upside $37 | Overweight Initiated | 12 Dec 2024 |
Deutsche Bank Steve Powers 63% 1-year accuracy 12 / 19 met price target | 18%upside $32 | Hold Initiated | 12 Dec 2024 |
Needham Gerald Pascarelli 17% 1-year accuracy 4 / 23 met price target | 41%upside $38 | Buy Initiated | 6 Dec 2024 |
Financial journalist opinion
Based on 358 articles about CELH published over the past 30 days