Monster Beverage (NASDAQ:MNST) Posts Earnings Results

Monster Beverage (NASDAQ:MNST) released its quarterly earnings results on Thursday. The company reported $0.30 EPS for the quarter, meeting the consensus estimate of $0.30, Zacks reports. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.49 billion. Monster Beverage had a net margin of 23.08% and a return on equity of 26.02%. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.56 EPS.

Here are the key takeaways from Monster Beverage’s conference call:

• Third-quarter net sales rose 16.7% to $2.56 billion, with adjusted diluted EPS up 8.5% to $0.30. Adjusted operating income increased 7.1%.
• International sales grew 27.2% on a currency-adjusted basis and reached 47% of total sales, up from 43% a year earlier; the company reported share gains in many markets.
• Gross margin fell to 54.7% from 55.7%, pressured by aluminum and freight costs and a greater mix of lower-margin international sales. Management expects aluminum costs to rise modestly sequentially through at least the first quarter of 2027.
• U.S. and Canada sales increased 9.5%, with Ultra up 19% and Juice Monster up 21% in dollar sales. Monster plans a broad 2027 innovation lineup, including a launch into ready-to-drink protein.
• Management said U.S. pricing adjustments took effect November 1 and expects minimal volume impact, while noting that short-term sales can be affected by timing and other factors.

Monster Beverage Price Performance

MNST stock traded down $2.11 during mid-day trading on Friday, reaching $45.72. The company had a trading volume of 15,680,007 shares, compared to its average volume of 9,015,017. The company has a market capitalization of $89.57 billion, a PE ratio of 41.38, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The firm has a 50 day moving average of $44.71 and a 200 day moving average of $43.30. Monster Beverage has a 12 month low of $34.26 and a 12 month high of $50.17.

Key Stories Impacting Monster Beverage

Here are the key news stories impacting Monster Beverage this week:

• Positive Sentiment: International demand drove growth: net sales rose 16.7% year over year to $2.56 billion, with sales outside the U.S. up 28.1% to $1.20 billion—47% of total sales. Adjusted EPS was $0.30, up from $0.28 a year earlier. Monster Beverage Reports 2026 Third Quarter Financial Results
• Positive Sentiment: Wells Fargo raised its price target to $52 from $50 and Piper Sandler lifted its target to $53 from $50.50; both maintained “overweight” ratings, signaling continued analyst optimism. Wells Fargo price-target update Piper Sandler price-target update
• Negative Sentiment: Despite the revenue beat, adjusted earnings matched consensus, and reports cited rising cost pressures and margin weakness. The market’s focus on profitability appears to have outweighed sales growth, with shares falling after the results. Monster Beverage shares slip after Q3 results as margin pressure offsets sales growth

Analyst Upgrades and Downgrades

MNST has been the topic of several analyst reports. Evercore lowered their target price on Monster Beverage from $95.00 to $52.00 in a research report on Thursday, October 8th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $100.00 target price (up from $98.00) on shares of Monster Beverage in a research note on Monday, August 10th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $55.00 price objective on shares of Monster Beverage in a report on Friday. Zacks Research raised shares of Monster Beverage from a “hold” rating to a “strong-buy” rating in a report on Monday, October 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $48.50 target price (down from $97.00) on shares of Monster Beverage in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Monster Beverage has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Monster Beverage Company Profile

Monster Beverage Corporation develops, markets and sells energy drinks and other beverages. Its portfolio includes Monster Energy, Reign, NOS and Full Throttle, along with products in categories such as sports drinks, juices and alcoholic beverages.

The company traces its roots to Hansen’s, a beverage business established in the 1930s. It introduced the Monster Energy brand in 2002 and adopted the Monster Beverage name in 2012.

Based in Corona, California, Monster sells its products in the United States and internationally.