Monster BeverageMNST
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)
68% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 82
67% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 5 (+2) [Q4]
23% more repeat investments, than reductions
Existing positions increased: 370 | Existing positions reduced: 300
4% more funds holding
Funds holding: 899 [Q3] → 938 (+39) [Q4]
2.35% more ownership
Funds ownership: 62.98% [Q3] → 65.33% (+2.35%) [Q4]
3% more call options, than puts
Call options by funds: $230M | Put options by funds: $222M
2% less capital invested
Capital invested by funds: $34.2B [Q3] → $33.4B (-$851M) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Filippo Falorni 40% 1-year accuracy 8 / 20 met price target | 9%upside $64 | Buy Maintained | 28 Feb 2025 |
Morgan Stanley Dara Mohsenian 42% 1-year accuracy 15 / 36 met price target | 2%upside $60 | Overweight Maintained | 28 Feb 2025 |
Deutsche Bank Steve Powers 71% 1-year accuracy 15 / 21 met price target | 4%upside $61 | Buy Maintained | 28 Feb 2025 |
JP Morgan Andrea Teixeira 41% 1-year accuracy 24 / 59 met price target | 13%downside $51 | Neutral Maintained | 12 Feb 2025 |
RBC Capital Nik Modi 41% 1-year accuracy 16 / 39 met price target | 1%upside $59 | Outperform Reiterated | 22 Jan 2025 |
Financial journalist opinion
Based on 17 articles about MNST published over the past 30 days
