Monster Beverage Future Growth
Future criteria checks 2/6
Monster Beverage is forecast to grow earnings and revenue by 9.6% and 8.3% per annum respectively. EPS is expected to grow by 11% per annum. Return on equity is forecast to be 26.3% in 3 years.
Key information
9.6%
Earnings growth rate
11.03%
EPS growth rate
| Beverage earnings growth | 7.9% |
| Revenue growth rate | 8.3% |
| Future return on equity | 26.26% |
| Analyst coverage | Good |
| Last updated | 13 Sep 2026 |
Recent future growth updates
Recent updates
Seeking Alpha • Sep 07
Monster Beverage: An Exceptional Business At Full Price
Summary Monster Beverage continues to prioritize absolute gross profit dollars over margin percentages, especially as international sales grow. International expansion is a key revenue driver, and it also helps reduce concentration risk in the North American market. The concentration risk in the energy drink segment remains, however. Despite the recent pullback, the firm remains fully valued, with little to no margin of safety. For these reasons, I reiterate my hold rating. Read the full article on Seeking Alpha
Narrative Update • Sep 03
MNST: International Expansion And Category Pricing Trends Will Drive Future Upside
Monster Beverage's updated analyst price target moves to $57 from $113, as analysts balance modest adjustments to growth, margins, and valuation assumptions with generally supportive research commentary following recent earnings and category trends. Analyst Commentary Recent research on Monster Beverage points to generally constructive sentiment, even as views differ on how much upside is left in the stock based on current valuation.
Narrative Update • Aug 17
MNST: International Strength Stock Split And 2027 Margin Turn Guide Balanced Outlook
Monster Beverage's updated analyst price target has shifted from about $96 to roughly $50, reflecting a recalibration of fair value and growth assumptions, even as many analysts continue to cite strong category trends, solid revenue execution, and supportive pricing dynamics in their research. Analyst Commentary Recent Street research on Monster Beverage shows a wide spread of price targets and mixed views on how the current valuation lines up with execution and growth expectations.Narrative Update • Aug 03
MNST: International Strength And 2027 Margin Turn Signal Fairly Balanced Setup
Analysts have lifted the Monster Beverage fair value estimate to $96.39 from $89.69, reflecting higher Street price targets in the $95 to $113 range and updated assumptions on revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research on Monster Beverage points to a mixed but generally constructive backdrop, with most analysts lifting price targets into the high US$90s to low US$110s range.Narrative Update • Jul 20
MNST: International Demand And Stock Split Will Drive Future Upside Potential
Analysts have raised the Monster Beverage fair value estimate from $87.00 to $113.00, reflecting a series of higher price targets across the Street that indicate confidence in the company's top line momentum and product pipeline, even as some now highlight valuation as a key constraint. Analyst Commentary Recent Street research on Monster Beverage points to a mix of enthusiasm around growth drivers and a growing debate around valuation.
Narrative Update • Jul 06
MNST: Rich Pricing And Insider Selling Will Reshape Risk Reward Profile
Analysts have raised the fair value estimate for Monster Beverage from $56.89 to $69.48, citing updated assumptions related to revenue growth, profit margins, category pricing power, and international expansion, as reflected in recent Street research and higher price targets across several firms. Analyst Commentary Recent Street research on Monster Beverage shows a mix of optimism on category fundamentals and pricing, alongside a more cautious tone from some bearish analysts who are focusing on valuation, execution, and growth risks.Narrative Update • Jun 22
MNST: International Expansion And 2027 Margin Turn Guide Fairly Balanced Outlook
The Analyst Price Target for Monster Beverage edges slightly higher to approximately $89.69. Analysts point to solid international positioning supported by Coca Cola distribution, expectations for margin improvement, and recent price target revisions across several firms as key inputs to their updated view.Narrative Update • Jun 07
MNST: International Zero Sugar Momentum And 2027 Margin Turn Support Balanced Outlook
Monster Beverage's fair value estimate has increased from $85.38 to $89.46 as analysts cite higher price targets, including Morgan Stanley's move to $103, supported by views on revenue growth, international share gains, pricing power, and a solid product pipeline. Analyst Commentary Recent research on Monster Beverage reflects a mix of optimism about long term growth drivers and caution around execution risks and valuation, especially after recent share price moves and category shifts.Narrative Update • May 03
MNST: International And Zero Sugar Demand Will Offset Margin Pressures
Analysts have slightly reduced the Monster Beverage fair value estimate, with the target decreasing by about $0.52 as they incorporate modest adjustments to long-term revenue growth, profit margin expectations, and the forward P/E. Analyst Commentary Recent Street research around Monster Beverage shows a shift from earlier optimism to a more cautious tone, with multiple firms trimming price targets even as some still highlight long-term growth drivers and category strength.Narrative Update • Apr 19
MNST: International And Zero Sugar Demand Will Support Future Upside
The analyst price target for Monster Beverage has been reduced by about $1 to $85.90 as analysts factor in slightly lower fair value estimates, revenue growth, profit margin, and future P/E assumptions following a series of recent target reductions and mixed commentary on margins relative to sales momentum. Analyst Commentary Recent research shows a clear split between bullish analysts who are comfortable with Monster Beverage's growth profile and valuation, and more cautious voices that focus on margin pressures, competitive intensity, and the implications for fair value and P/E assumptions.Narrative Update • Apr 04
MNST: International And Zero Sugar Demand Should Support Future Upside
Monster Beverage's updated analyst price target edges lower to reflect slightly reduced fair value and margin assumptions, even as analysts point to solid sales trends and ongoing category growth as support for the longer term story. Analyst Commentary Recent research shows a mix of optimism and caution around Monster Beverage, with many firms adjusting price targets after Q4 results and the subsequent share pullback.Narrative Update • Mar 21
MNST: International Strength And New Usage Occasions Should Support Future Upside
Monster Beverage's updated analyst price target edges higher to $87.46 from $87.16 as analysts highlight resilient sales growth, improving profit margins, and support from multiple recent target increases across the Street, despite some debate around near term deceleration. Analyst Commentary Recent research on Monster Beverage reflects a mix of optimism about growth and execution, alongside some caution on margins, competition, and valuation.Narrative Update • Mar 06
MNST: International Share Gains And Product Pipeline Should Support Future Upside
Analysts have lifted their implied fair value estimate for Monster Beverage from $80.77 to $87.16, citing higher Street price targets supported by strong recent revenue trends, particularly in international markets, alongside ongoing product innovation and growth in the energy drink category. Analyst Commentary Street research on Monster Beverage has been active following recent Q4 results, with multiple firms lifting price targets and updating ratings as they reassess the balance between strong revenue trends and margin pressures.Narrative Update • Feb 20
MNST: Refreshed Long Term Assumptions Suggest Steady Returns Within Current Range
Analysts have nudged their average price target for Monster Beverage slightly higher to $80.77, citing a series of recent target increases and an upgrade that reflect updated views on long term growth assumptions, profit margins, and Monster's future P/E profile. Analyst Commentary Recent research activity around Monster Beverage has centered on refreshed long term assumptions for growth, margins, and what multiple the stock might reasonably support, with several firms adjusting price targets and one issuing an upgrade.Narrative Update • Feb 06
MNST: Updated Street Views Suggest Steady Execution Will Keep Shares Rangebound
Analysts have raised their fair value estimate for Monster Beverage to US$80.59 from US$79.17 as they update their models to reflect slightly higher assumed revenue growth, modestly revised profit margins, and an updated future P/E multiple in response to recent price target increases from several research firms. Analyst Commentary Recent Street research around Monster Beverage centers on refreshed price targets and an upgrade, framed within broader views on consumer staples heading into 2026.Narrative Update • Jan 22
MNST: Solid Execution And Category Normalization Are Expected To Keep Shares Rangebound
Narrative Update Analysts raised their fair value estimate for Monster Beverage by about US$1.55 to US$79.17, reflecting modestly higher projected profit margins and a slightly richer future P/E multiple that is supported by recent price target increases and upgrades across the Street. Analyst Commentary Street research around Monster Beverage has skewed constructive, with several price target raises and at least one recent upgrade.Narrative Update • Jan 08
MNST: Solid Execution And Category Normalization Likely Keep Shares Rangebound
Analysts have nudged their fair value estimate for Monster Beverage higher from about $75.77 to $77.62, citing stronger than expected Q3 performance, slightly higher modeled revenue growth and margins, and a modestly higher future P/E assumption reflected in recent price target increases from several firms. Analyst Commentary Recent Street research on Monster Beverage points to a mixed but generally constructive view, with several firms lifting their price targets while maintaining a wide range of ratings from Neutral to Buy and Outperform.Narrative Update • Dec 20
MNST: Shares Will Likely Trade Sideways As Category Momentum Normalizes
Analysts have nudged our Monster Beverage fair value estimate higher to approximately $75.77 from about $74.68, reflecting incremental optimism around sustained revenue growth, resilient margins, and a higher justified future earnings multiple following a series of price target increases and better than expected quarterly performance. Analyst Commentary Recent Street research reflects a constructive but increasingly balanced stance on Monster Beverage, with most covering firms lifting price targets while keeping ratings largely unchanged.Narrative Update • Dec 06
MNST: Shares Will Likely Remain Rangebound As Category Growth Normalizes
The analyst price target for Monster Beverage has been raised by approximately $2.45 to reflect analysts' view that resilient revenue growth, incremental innovation, and strong recent quarters support modestly higher valuation multiples, even as the energy drink category normalizes. Analyst Commentary Bullish analysts point to Monster Beverage's consistent outperformance versus expectations, with recent quarters showing upside across sales, EPS, and adjusted EBITDA.Narrative Update • Nov 22
MNST: Shares Will Likely Trade Sideways As Profit Margins Improve
The analyst price target for Monster Beverage has increased from $68.64 to $72.23, as analysts cite stronger than expected third quarter results, resilient profit margins, and continued innovation, which has offset broader category normalization. Analyst Commentary Street research following Monster Beverage’s recent earnings has led to a slew of price target increases, with analysts weighing the company's strengths and ongoing challenges.Narrative Update • Nov 06
MNST: Shares Will Likely See Modest Upside As Sector Momentum Continues
Monster Beverage's analyst price target has been raised, moving from $68 to approximately $68.64 per share. Analysts cite positive sales growth, effective revenue management, and resilience within the beverage sector as key drivers for the upward revision.Narrative Update • Oct 23
Analysts Lift Monster Beverage Price Targets Amid Strong Results and Competitive Sector Outlook
Analysts have raised their average price target on Monster Beverage by nearly $7 per share. The increase is driven by consistently strong category growth and improved revenue management capabilities.Narrative Update • Oct 08
International Expansion And Functional Beverage Offerings Will Shape The Future
Analysts have modestly increased their fair value estimate for Monster Beverage to $67.68 from $66.91. They cite improved revenue growth expectations and resilient performance relative to peers.Narrative Update • Aug 11
International Expansion And Functional Beverage Offerings Will Shape The Future
The upward revision in Monster Beverage’s price target reflects modest improvements in both projected revenue growth and net profit margin, resulting in a new consensus fair value of $66.22. What's in the News Monster Beverage Corporation was dropped from multiple Russell value indices, including the Russell 1000 Value, Russell 3000 Value, and Russell Top 200 Value benchmarks, as well as associated sub-indices.Seeking Alpha • Apr 18
Monster Beverage: Continue To Expect Growth Acceleration
Summary Reiterate buy rating for Monster Beverage due to strong growth prospects driven by pricing power, shelf space expansion, and successful new product launches. MNST's recent 5% U.S. price increase is sticking, indicating strong pricing power and supporting at least 5% growth in FY25. Positive channel data and shelf space gains are expected to accelerate growth, with new products like Monster Ultra Vice Guava seeing strong consumer adoption. Read the full article on Seeking AlphaSeeking Alpha • Mar 20
Monster Beverage: Worth Keeping An Eye On
Summary Monster Energy holds a 35% market share on par with Red Bull, but faces competition from Celsius and other new entrants. Monster Beverage's revenue growth is slowing, but volume growth and pricing power remain strong, especially in affordable segments. Increased operating expenses and declining net profits are concerns, but expansion and brand diversification offer long-term potential. Hold recommendation for existing investors; new investors should wait for a pullback to around $50 for a safer entry point. Read the full article on Seeking AlphaSeeking Alpha • Mar 11
Monster Beverage: Battling With Red Bull And Emerging Competition
Summary Monster Beverage Corporation has grown impressively and highly profitably alongside the energy drink industry's secular tailwinds. The growth focus has increasingly shifted towards better-growing international markets. In especially the US, Red Bull and many emerging brands have taken market share from Monster with flavor innovation and competitive pricing. Monster has still maintained a strong market position. I estimate MNST stock to have a fair value of $56. Read the full article on Seeking AlphaSeeking Alpha • Jan 05
Monster Beverage: Capital Allocation Will Be Crucial For Future Returns
Summary Monster Beverage has consistently achieved positive sales growth, but the convenience store channel's weakness and changing consumer patterns have impacted short-term performance. Despite strong financials and an asset-light model, recent acquisitions and poor capital allocation decisions have led to declining returns and concerns over future growth. Monster's capital allocation strategy, including share buybacks and potential dividends, needs improvement to optimize shareholder value and better align with long-term goals. Valuation models suggest Monster is currently overvalued, leading to a "hold" rating, with potential for improvement if strategic changes are implemented. Read the full article on Seeking AlphaSeeking Alpha • Nov 06
Monster Energy: Great Compounder Trading At A 25% Premium
Summary The company has returned 30% annually over the last 20 years, but net sales grow at a decelerated pace. The tender offer further suggests that the company is trading at a market premium, which is estimated to be more than 25% of intrinsic value. Bang Energy is losing market share, and the new line of alcoholic beverages declined 31.9%. I recommend a sell, as the current appraisal yields less than 10% to new investors. Read the full article on Seeking AlphaSeeking Alpha • Oct 28
3 Reasons To Buy Monster Energy
Summary Monster's strong brand insulates it from competitors, making it a solid investment despite recent performance lagging behind SPY. Energy drink market growth outpaces overall soft drinks, with Monster's alcohol ventures offering additional growth potential, making it a compelling investment. Recent sales weakness presents an opportunity to invest at fair value. Risks include potential government regulation and market sentiment against energy drinks, but Monster's efforts at diversification could mitigate these concerns. Read the full article on Seeking AlphaSeeking Alpha • Sep 27
Monster Beverage: Why I Doubled-Down On This Discounted Compounder
Summary Monster Beverage's recent price dip presents a compelling buying opportunity, given its strong brand, consistent long-term growth, and robust profitability. Despite slower revenue growth, foreign exchange headwinds and economic conditions in Argentina are key factors, with core business still performing well. In the meantime, Monster's innovation, including new product launches and expansion into affordable and alcoholic beverages, drives long-term growth potential. At a forward P/E of 28.5x, Monster's valuation is attractive, while its ongoing aggressive buybacks reflect strong confidence in the stock's undervaluation. Read the full article on Seeking AlphaSeeking Alpha • Sep 10
Monster Beverage: Upside Is Attractive At This Valuation
Summary Despite poor 2Q24 results, I expect demand trends to improve, driven by new product launches, price increases, and strong international growth. Gross margin improvements and favorable commodity prices will support earnings growth. I maintain a buy rating for Monster Beverage stock, expecting recovery in growth and attractive upside potential. Read the full article on Seeking Alpha
New Narrative • Aug 19
Decisive Pricing And Global Expansion Set To Propel Beverage Giant's Growth And Market Reach
Strategic price increases and international pricing strategies aim to enhance revenue through improved pricing power without significantly raising costs.Seeking Alpha • Aug 17
Monster Beverage: Is Energy Losing Its Bounce?
Summary The energy drinks segment is the only growing segment within the non-alcohol beverage sector, but it is now showing signs of approaching maturity over the next few years. MNST is attempting to maintain its growth trajectory through acquisitions and brand development, which the author believes will enable MNST to grow faster than the segment. The Coca Cola Company is a cornerstone investor in MNST and will actively participate in shaping MNST's future. MNST's stock price has under-performed the market for the last 3 years. The author believes that MNST's intrinsic value is lower than the current price. Therefore, he recommends investors should SELL, but he notes that there may be opportunities to participate in MNST's future at a lower price. Read the full article on Seeking AlphaEarnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 11,634 | 2,823 | 2,663 | 2,998 | 16 |
| 12/31/2027 | 10,657 | 2,568 | 2,388 | 2,735 | 24 |
| 12/31/2026 | 9,728 | 2,271 | 2,154 | 2,294 | 24 |
| 6/30/2026 | 9,219 | 2,128 | 2,081 | 2,239 | N/A |
| 3/31/2026 | 8,793 | 2,032 | 2,048 | 2,196 | N/A |
| 12/31/2025 | 8,294 | 1,905 | 1,941 | 2,098 | N/A |
| 9/30/2025 | 7,975 | 1,727 | 1,945 | 2,180 | N/A |
| 6/30/2025 | 7,659 | 1,573 | 1,804 | 2,054 | N/A |
| 3/31/2025 | 7,448 | 1,510 | 1,758 | 2,024 | N/A |
| 12/31/2024 | 7,493 | 1,509 | 1,622 | 1,929 | N/A |
| 9/30/2024 | 7,411 | 1,605 | 1,592 | 1,901 | N/A |
| 6/30/2024 | 7,386 | 1,687 | 1,524 | 1,803 | N/A |
| 3/31/2024 | 7,340 | 1,676 | 1,440 | 1,705 | N/A |
| 12/31/2023 | 7,140 | 1,631 | 1,483 | 1,718 | N/A |
| 9/30/2023 | 6,923 | 1,566 | 1,390 | 1,582 | N/A |
| 6/30/2023 | 6,691 | 1,435 | 1,329 | 1,520 | N/A |
| 3/31/2023 | 6,491 | 1,295 | 1,086 | 1,313 | N/A |
| 12/31/2022 | 6,311 | 1,192 | 676 | 888 | N/A |
| 9/30/2022 | 6,223 | 1,211 | 653 | 817 | N/A |
| 6/30/2022 | 6,009 | 1,226 | 558 | 700 | N/A |
| 3/31/2022 | 5,816 | 1,356 | 908 | 980 | N/A |
| 12/31/2021 | 5,541 | 1,377 | 1,098 | 1,156 | N/A |
| 9/30/2021 | 5,313 | 1,528 | 1,304 | 1,343 | N/A |
| 6/30/2021 | 5,148 | 1,538 | 1,460 | 1,510 | N/A |
| 3/31/2021 | 4,780 | 1,446 | 1,284 | 1,349 | N/A |
| 12/31/2020 | 4,599 | 1,410 | 1,297 | 1,364 | N/A |
| 9/30/2020 | 4,420 | 1,193 | 1,120 | 1,242 | N/A |
| 6/30/2020 | 4,307 | 1,144 | 968 | 1,099 | N/A |
| 3/31/2020 | 4,317 | 1,125 | N/A | 1,181 | N/A |
| 12/31/2019 | 4,201 | 1,108 | N/A | 1,114 | N/A |
| 9/30/2019 | 4,108 | 1,092 | N/A | 1,162 | N/A |
| 6/30/2019 | 3,990 | 1,061 | N/A | 1,115 | N/A |
| 3/31/2019 | 3,902 | 1,038 | N/A | 1,136 | N/A |
| 12/31/2018 | 3,807 | 993 | N/A | 1,162 | N/A |
| 9/30/2018 | 3,693 | 955 | N/A | 1,019 | N/A |
| 6/30/2018 | 3,587 | 906 | N/A | 956 | N/A |
| 3/31/2018 | 3,478 | 859 | N/A | 944 | N/A |
| 12/31/2017 | 3,369 | 821 | N/A | 988 | N/A |
| 9/30/2017 | 3,312 | 792 | N/A | 1,071 | N/A |
| 6/30/2017 | 3,191 | 765 | N/A | 987 | N/A |
| 3/31/2017 | 3,111 | 727 | N/A | 785 | N/A |
| 12/31/2016 | 3,049 | 713 | N/A | 701 | N/A |
| 9/30/2016 | 2,941 | 678 | N/A | 592 | N/A |
| 6/30/2016 | 2,910 | 661 | N/A | 609 | N/A |
| 3/31/2016 | 2,776 | 706 | N/A | 529 | N/A |
| 12/31/2015 | 2,723 | 547 | N/A | 523 | N/A |
| 9/30/2015 | 2,683 | 533 | N/A | 530 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MNST's forecast earnings growth (9.6% per year) is above the savings rate (3.7%).
Earnings vs Market: MNST's earnings (9.6% per year) are forecast to grow slower than the US market (17.2% per year).
High Growth Earnings: MNST's earnings are forecast to grow, but not significantly.
Revenue vs Market: MNST's revenue (8.3% per year) is forecast to grow slower than the US market (13.4% per year).
High Growth Revenue: MNST's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MNST's Return on Equity is forecast to be high in 3 years time (26.3%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/14 04:08 |
| End of Day Share Price | 2026/09/14 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Monster Beverage Corporation is covered by 39 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Cristian Rios Martinez | Bernstein |
| Andrew Strelzik | BMO Capital Markets Equity Research |