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Monster Beverage (MNST) has an average rating of overweight and mean price target of $91.21, according to analysts polled by FactSet.Price: $88.38, Change: $+12.41, Percent Change: +16.33%
US equity indexes traded mixed midday Friday as technology topped sector charts and nonfarm payrolls grew almost twice as fast as expected, and Washington struck Iran's oil tankers while awaiting its peace proposal.The Nasdaq jumped 1.5% to 26,191.5 after touching a record 26,192.09 intraday. The S&P 500 climbed 0.8% to 7,397.2 after hitting an all-time high of 7,400.09 earlier in the session. The Dow Jones Industrial Average edged up less than 0.1% to 49,638.2.After technology, which advanced 2.5%, consumer discretionary and materials were the second-biggest gainers. Healthcare led the decliners.Nonfarm payrolls rose by 115,000 last month, the Bureau of Labor Statistics said Friday, beating the 65,000 gain expected in a Bloomberg-compiled survey. The increase in March was revised up by 7,000 to 185,000, while the fall in February was adjusted to 156,000 from 133,000, the BLS said."Payrolls were volatile through (the first quarter), largely due to temporary factors like inclement weather and a healthcare strike in California," Thomas Feltmate, senior economist at TD Economics, said in a report. "With those effects now in the rearview mirror, April provided as the first 'clean' read on hiring for 2026 and the underlying details were reasonably constructive, despite the recent surge in energy prices."US consumer sentiment continued to fall in May, with the main sentiment index dropping to an all-time low of 48.2 from April's 49.8, according to the University of Michigan's preliminary survey on Friday. The print marked the third consecutive monthly retreat. Wall Street expected a 49.5 print, according to a Bloomberg-compiled poll.The year-ahead inflation outlook dropped to 4.5% this month from 4.7% in April, according to the Michigan survey. The current outlook is still above the 3.4% reading reported in February, before the start of the Iran war. The five-year inflation forecast fell to 3.4% from 3.5%.Most US Treasury yields fell, with the 10-year down three basis points to 4.36% and the two-year rate lower by 2.2 basis points to 3.90%.In Middle East news, the US expects a response from Iran on a proposal to end the war on Friday, Secretary of State Marco Rubio said, adding he hopes "it's a serious offer," CNN reported.Meanwhile, US forces disabled two Iranian-flagged unladen oil tankers on Friday that were attempting to dock at an Iranian port on the Gulf of Oman in violation of the US blockade, US Central Command said in a social media post on X, formerly Twitter. According to President Donald Trump, a ceasefire is still in effect, CNN reported.West Texas Intermediate crude oil futures rose 1.1% to $95.84, and Brent crude futures increased 1.3% to $101.32.In precious metals, gold futures advanced 0.4% to $4,730.1, and silver futures climbed 1% to $80.96.In company news, Akamai Technologies (AKAM) reported Q1 non-GAAP net income above market expectations as sales rose. Chief Executive Tom Leighton said a US-based entity committed $1.8 billion over seven years for the company's cloud infrastructure services. Shares of Akamai soared 22%, the top gainer on the S&P 500.Monster Beverage (MNST) offers "outsized" long-term growth potential after reporting "very strong" Q1 and April performance, Morgan Stanley said in a Friday note. Shares of Monster Beverage surged 15%, among the biggest outperformers on the S&P 500 and the Nasdaq.
Consumer stocks were higher Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gaining 0.6%.In corporate news, Monster Beverage (MNST) shares jumped past 15% after the company reported Q1 results above market estimates amid strong growth in the energy drinks category.Airbnb's (ABNB) Q1 earnings lagged Wall Street's estimates, while the vacation rental firm reported higher-than-expected revenue amid demand momentum. Its shares were up 3.1%.Wendy's (WEN) reiterated its full-year outlook on Friday as the fast food chain's fiscal Q1 revenue unexpectedly increased year over year. Its shares climbed 3%.
Monster Beverage (MNST) offers "outsized" long-term growth potential after reporting "very strong" Q1 and April performance, Morgan Stanley said in a Friday note.The note pointed to organic sales growth of 22% in the last four months, reinforcing confidence in long-term growth prospects above market expectations.The report also said its gross margin performance/forward outlook was better than feared."MNST valuation has moved up after stock outperformance," the report said. "But we continue to believe that Monster's growth profile is unique in CPG and more durable in nature...which should drive a scarcity valuation premium."Morgan Stanley raised its price target to $100 from $96 while maintaining its overweight rating on the stock.Price: $85.89, Change: $+9.92, Percent Change: +13.06%
Monster Beverage (MNST) has an average rating of overweight and mean price target of $91.21, according to analysts polled by FactSet.Price: $87.09, Change: $+11.12, Percent Change: +14.64%
Monster Beverage (MNST) has an average rating of overweight and mean price target of $91.21, according to analysts polled by FactSet.Price: $85.07, Change: $+9.10, Percent Change: +11.98%
The benchmark US stock measures were pointing higher before the open Friday as investors weigh renewed tensions in the Strait of Hormuz and await a key employment report for April.The S&P 500 rose 0.4%, the Dow Jones Industrial Average increased 0.2% and the Nasdaq added 0.6% in premarket activity. The indexes finished the previous trading session down, snapping a two-day winning streak.The US and Iran exchanged fire in the Strait of Hormuz on Thursday, with both sides accusing each other of initiating the attack, according to several media outlets.The US Central Command said its forces intercepted "unprovoked" Iranian attacks and carried out "self-defense" strikes, as US navy destroyers transited the crucial waterway to the Gulf of Oman. Iran reportedly accused the US of striking multiple targets in and around the strait.In a social media post on Thursday, President Donald Trump threatened to strike Tehran "a lot harder, and a lot more violently" in the future if it doesn't agree to a peace deal. Later, Trump told ABC News that the strikes against Iran were "just a love tap" and that the ceasefire between the two countries remains in effect."Markets continue to be cautiously optimistic toward the prospect of a US-Iran deal to end the war despite the appearances of the US administration pumping the deal vastly more than the other side," Scotiabank said in a note on Thursday.West Texas Intermediate crude oil nudged 0.4% higher to $95.18 a barrel before the opening bell, while Brent inclined 0.7% to $100.83.Treasury yields were trending lower in premarket action, with the two-year rate retreating 2.2 basis points to nearly 3.9% and the 10-year rate off 2.4 basis points to 4.37%.The nonfarm payrolls report for last month is scheduled to be released at 8:30 am ET. Government data is expected to show that the US economy added 65,000 jobs in April, compared with a 178,000 gain reported for the month prior, according to a Bloomberg poll.US job cuts increased in April to the third-highest total for the month since 2009 as technology companies continued to announce layoffs amid a shift toward artificial intelligence, Challenger Gray & Christmas said Thursday. On Wednesday, ADP (ADP) said employment in the US private sector grew at its fastest pace in more than a year.Friday's economic calendar also has the preliminary University of Michigan consumer sentiment report for May at 10 am, while the weekly Baker Hughes oil-and-gas rig count is out at 1 pm.On Thursday, a US trade court ruled that Trump's 10% global tariffs are not justified under a 1970s trade law, Reuters reported. In February, the Supreme Court invalidated Trump's reciprocal tariffs imposed in 2025 under the International Emergency Economic Powers Act. Following that decision, Trump announced a 10% global tariff, which he later said would rise to 15%.Shares of Airbnb (ABNB) moved 0.7% higher pre-bell after the vacation rental company reported higher-than-expected first-quarter revenue. Monster Beverage (MNST) climbed 6.5% as the energy drink firm's first-quarter results topped market estimates. CoreWeave (CRWV) fell 6.5% following its latest quarterly results.Iren (IREN) jumped 8.1% as the company said it secured a five-year artificial intelligence infrastructure cloud services contract with Nvidia (NVDA) worth $3.4 billion.Gold increased 0.4% to $4,730 per troy ounce, while bitcoin slipped 0.2% to $79,952.
Monster Beverage (MNST) shares rose early Friday as the company reported first-quarter results above market estimates amid strong growth in the energy drinks category.Adjusted earnings came in at $0.58 a share for the March quarter, up from $0.47 a year earlier, the energy drinks firm said late Thursday, while the consensus on FactSet was for $0.53. Sales climbed 27% to $2.35 billion amid a foreign-exchange tailwind of $89.3 million, topping the Street's view for $2.16 billion."We're pleased to report another quarter of strong financial results and cash generation," Chief Executive Hilton Schlosberg said during an earnings call, according to a FactSet transcript. "The global energy drink category remains healthy with continued robust growth."The stock increased 5.4% in the most recent premarket activity.Sales in the Monster energy drink segment advanced 28% to $2.19 billion, while the strategic brands division grew 29% to $126.7 million. Revenue in alcohol brands decreased 5.9% to $32.7 million. Sales to customers outside the US, which accounted for roughly 45% of total revenue, jumped by the same percentage to $1.06 billion. Sales in the US and Canada inclined by 16% year over year, according to Schlosberg.Gross profit as a percentage of sales declined to 55% from 56.5% last year due to geographical sales mix, increased aluminum can costs and higher freight-in expenses, partially offset by pricing actions, the company said.Tariffs and the increase in aluminum prices had a "modest" impact on Monster Beverage's results in the first quarter, Schlosberg said on the call. "Despite the modest impact on our business in the first quarter, the tariff landscape continues to be complicated and dynamic," the CEO noted.In February, the US Supreme Court invalidated President Donald Trump's reciprocal tariffs imposed in 2025 under the International Emergency Economic Powers Act. Following that decision, Trump announced a 10% global tariff, which he later said would rise to 15%.On Thursday, a US trade court ruled that Trump's 10% global tariffs are not justified under a 1970s trade law, Reuters reported."We do not believe, based on our business model, that the current tariffs will have a material impact on the company's operating results," Schlosberg told analysts. "However, based on current aluminum pricing and the Midwest premium, we expect a continued modest sequential increase in our costs through at least the end of 2026."
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Monster Energy (MNST) posted Q1 adjusted EPS of $0.58 vs. $0.47 (+24%), ahead of the $0.53 consensus. MNST's net sales rose 27% to $2.35B ($190M above consensus) and gross margin contracted 150 bps to 55.0% (40 bps below consensus). MNST said net changes in foreign currency exchange rates had a favorable impact on net sales of $89M. The decline in gross margin was primarily the result of geographical sales mix, increased aluminum can costs, and increased freight-in costs, partially offset by pricing actions. International sales were especially strong, jumping 45% to $1.06B, representing 45% of total sales (vs. 40% a year ago), the highest ever percentage for a single quarter. The company bought back 1.4M shares for $100M in Q1 (an average price of $73.86/share). MNST shares are currently trading about 5% higher after-hours. The quarter marked MNST's fourth straight bottom-line beat. In our view, the big story was the strength of MNST's international sales, boosted even further by favorable currency moves.
US benchmark equity indexes were lower intraday, while oil prices were moving higher, as investors monitored developments regarding a potential peace deal between Washington and Iran.The Dow Jones Industrial Average was down 0.7% at 49,571 after midday Thursday, while the S&P 500 lost 0.4% to 7,338.3. The Nasdaq Composite shed 0.1% to 25,811.1. The S&P 500 and the Nasdaq hit new peaks in the previous session.Barring technology, all sectors were in the red intraday Thursday, led by energy.West Texas Intermediate crude was up 1.4% at $96.45 a barrel, while Brent rose 0.7% to $102.02. Both benchmarks fell sharply Wednesday amid prospects of a diplomatic breakthrough between the US and Iran."The sell-off partly unwinds the conflict-driven rally in energy prices, but losses were pared as the market remains cautious," ING Bank said in a report Thursday. "Crude inventories in the US continue to tighten, while buyers have become more reliant on US barrels to offset disrupted Middle Eastern supply."The US and Iran are edging toward a temporary pact to halt the war, Reuters reported, citing sources and officials. Iran is reviewing a proposal to stop the fighting, but leave the most contentious issues unresolved, according to the report.Iran is still reviewing "messages" from the US via Pakistani mediation and has yet to finalize its response to a Washington proposal to end the conflict, CNN reported, citing local Iranian media. Tehran has issued a set of new rules for ships looking to cross the crucial Strait of Hormuz, the news outlet reported, citing a document it saw.US Treasury yields were higher intraday, with the 10-year rate up 4.3 basis points at 4.39% and the two-year rate rising 5.2 basis points to 3.92%.In company news, Tapestry (TPR) raised its fiscal 2026 outlook after delivering a third-quarter beat, but provided a subdued fourth-quarter sales guidance for its Kate Spade brand. The luxury fashion company's shares were down 10%, the second-worst performer on the S&P 500.Planet Fitness (PLNT) shares slid 32% after the fitness center operator tempered its full-year expectations amid fewer-than-projected member additions in the first quarter.Shake Shack (SHAK) shares plummeted 29% after the fast food chain operator's first-quarter results fell short of Wall Street's estimates amid weather-related headwinds.Datadog (DDOG) shares surged 26%, the top gainer on the S&P 500. The software maker raised its full-year outlook after posting first-quarter results that topped the Street expectations.Gilead Sciences (GILD), McKesson (MCK), Cloudflare (NET), Airbnb (ABNB), Monster Beverage (MNST), and CoreWeave (CRWV) are expected to report after the closing bell Thursday.Gold was up 0.1% at $4,699.80 per troy ounce, while silver jumped 2.7% to $79.37 per ounce.
US equity markets were moving higher before the opening bell Thursday as investors monitor the latest developments over a potential peace deal between the US and Iran.The S&P 500 and the Dow Jones Industrial Average were up 0.1% each, while the Nasdaq was slightly in the green in premarket activity. The indexes finished Wednesday trading higher, with the S&P 500 and the Nasdaq recording their highest close ever and biggest one-day percentage gains since April 8.President Donald Trump told reporters on Wednesday that the US has had "very good talks" with Iran over the past 24 hours, but said there's no deadline on when he expects Tehran to respond to a US proposal to end the war, according to CNN.American and Iranian officials are closing in on a one-page memorandum of understanding to end the war and establish a framework for nuclear negotiations, Axios reported Wednesday, citing sources.In a separate social media post on Wednesday, Trump said US operations against Iran will be "at an end" if Tehran agrees to US demands. "If they don't agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before," Trump said.Iran is expected to give mediators its response to the proposal on Thursday, a regional source told CNN.West Texas Intermediate crude oil dropped 2.2% to $93.03 a barrel before the open, while Brent decreased 2.1% to $99.14."A deal announcement would move futures further immediately, in fact even the potential of a deal is already triggering a decline in oil prices," Rystad Energy Chief Oil Analyst Paola Rodriguez-Masiu said in remarks emailed to. The physical market's recovery won't be as quick as the futures market predicts, Rodriguez-Masiu said, pointing to a six-to-eight-week lag between the strait reopening and oil flows normalizing.Treasury yields were down in premarket action, with the two-year rate retreating 2.3 basis points to 3.85% and the 10-year rate off 2 basis points to 4.33%.Shares of DoorDash (DASH) jumped 10% pre-bell after the food delivery company reported first-quarter earnings ahead of Wall Street's estimates. Warner Bros. Discovery (WBD) nudged 0.5% lower, while Snap (SNAP) fell 10% following their latest quarterly results.McDonald's (MCD), Sempra (SRE), Vistra (VST), Datadog (DDOG), Becton Dickinson (BDX), Tapestry (TPR) and US Foods (USFD) report their latest financial results before the bell, among others. Gilead Sciences (GILD), McKesson (MCK), Cloudflare (NET), Airbnb (ABNB), Monster Beverage (MNST) and CoreWeave (CRWV) are scheduled to announce their earnings after the markets close.Employers in the US announced 83,387 layoffs last month, up 38% from March, Challenger, Gray & Christmas said Thursday.Thursday's economic calendar also has the weekly jobless claims bulletin at 8:30 am.On Wednesday, ADP data showed that employment in the US private sector grew at its fastest pace in more than a year in April. The government's nonfarm payrolls report is out on Friday.Federal Reserve Bank of Minneapolis President Neel Kashkari is slated to speak at 1 pm, while Cleveland Fed President Beth Hammack speaks at 2:05 pm. New York Fed President John Williams' remarks are due at 3:30 pm.Gold increased 1% to $4,740 per troy ounce, while bitcoin declined 0.7% to $80,844.
Monster Beverage (MNST) is seen delivering strong revenue in Q1 on global trends, but its margins could be pressured by costs and elevated gas prices, RBC Capital Markets said in a note emailed Wednesday.RBC analysts said they expect reported trends to match or exceed tracked channel sales of 11.2% growth, which typically understates trends. The company's category fundamentals remain solid as household penetration and purchase frequency continue increasing, the analysts said.Monster Beverage has multiple tools to offset headwinds, including pricing, supply chain optimization, revenue growth management, and shifting product mix towards zero-sugar variants, the analysts said. However, the cost environment has worsened due to the Middle East conflict, which may lead the company to temper guidance on margins, the analysts noted.The analysts said the company's risk-reward profile is still favorable and that the company will be able to mitigate the impacts of cost pressures with the number of levers at its disposal.Monster Beverage is set to report Q1 financial results on Thursday.RBC maintained its outperform rating on the company's stock with a price target of $86.Price: $77.25, Change: $+1.45, Percent Change: +1.91%
Monster Beverage (MNST) has an average rating of overweight and mean price target of $89.05, according to analysts polled by FactSet.
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