Monster Beverage (MNST)

• Market cap: $51.5B
• 1 day: 3.50%
• 5 days: 6.36%
• 1 month: 7.68%
• 3 months: -1.82%
• 6 months: 12.74%
• Year to date: 1.32%
• 1 year: -3.88%
• 5 years: 51.99%
• 10 years: 160.44%
• Sector: Consumer Staples
• Industry: Bottled & Canned Soft Drinks & Carbonated Waters

About: Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the US and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, Bang and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.

Employees: 6,003

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 5 (+2) [Q4]

61% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 77

25% more repeat investments, than reductions

Existing positions increased: 364 | Existing positions reduced: 291

1.85% more ownership

Funds ownership: 63.06% [Q3] → 64.91% (+1.85%) [Q4]

3% more call options, than puts

Call options by funds: $230M | Put options by funds: $222M

1% more funds holding

Funds holding: 897 [Q3] → 902 (+5) [Q4]

3% less capital invested

Capital invested by funds: $34.3B [Q3] → $33.1B (-$1.15B) [Q4]

Research analyst outlook

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

• Low target: $51 4% downside
• Avg. target: $54 3% upside
• High target: $59 11% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

JP Morgan Andrea Teixeira 44% 1-year accuracy 24 / 54 met price target	4% downside $51	Neutral Maintained	12 Feb 2025
RBC Capital Nik Modi 43% 1-year accuracy 17 / 40 met price target	11% upside $59	Outperform Reiterated	22 Jan 2025
UBS Peter Grom 32% 1-year accuracy 7 / 22 met price target	0% upside $53	Neutral Maintained	16 Jan 2025