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MNSTMonster Beverage Corporation
$45.72$89.4B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
MNST logo

Monster Beverage Corporation

MNST
NASDAQ · Non-Alcoholic Beverages
$45.72
At close - Nov 6, 4:00 PM EST - USD
Market Cap$89.43B
P/E41.7x
52W High$75.27
Volume15.67M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Revenue Growth Meets Fortress Balance Sheet

Monster Beverage is executing a powerful growth acceleration, with Q2 2026 revenue up 20.2% year-over-year and gross margin stabilizing at 55.9%, driven by strong core demand and improved cost management.

GrowthAccelerating
ProfitabilityStable
ValuationExpensive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

MNST price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

+122% Peers

P/E is 122% above peer median

03

Market leadership

RS 74 · Avg

Average momentum (RS Rating: 74)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Feb 5
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 20.2% in Q2 2026, with gross margin expanding to 55.9% from 53.2% in Q4 2024, while operating margin reached 29.2%, indicating strong operating leverage and cost discipline.

Analyst Consensus+63.6% target
Buy(44 analysts)
23 Buy18 Hold3 Sell

The Bull Case

Upside Catalysts

Wide economic moat

Monster Beverage Corporation has a wide moat, indicating strong competitive advantages and sustainable profitability.

Strategic Coca-Cola partnership

Coca-Cola Company is the top institutional holder with 20.9% ownership, providing strategic distribution and support.

Diverse product portfolio

Monster offers energy drinks, brewed coffee, juices, and teas, catering to a broad consumer base.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
MNST+20.06%
S&P 500 (^GSPC)+7.63%
1-Year Return
MNST-31.05%
S&P 500 (^GSPC)+9.69%
3-Year Return
MNST-18.56%
S&P 500 (^GSPC)+62.82%
5-Year Return
MNST+0.66%
S&P 500 (^GSPC)+50.41%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
41.7x
Forward P/EExpansion
39.5x
EV/EBITDA20th %ile
30.6x
FCF YieldCash Flow
2.1%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
41.7x
73.9x
20th· Low
EV/EBITDA
30.6x
55.0x
20th· Low
Price/FCF
46.5x
82.2x
20th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$16.02-65.0%
Base (Fair)$30.07-34.2%
Bull$36.75-19.6%
$16.02 Bear$30.07 Base$36.75 Bull
Current Market Price: $45.72
Trades at a 52.0% premium to Base DCF ($30.07)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$8.29B+10.7% YoY
Net income FY25
$1.91B+26.3% YoY
Free cash flow FY25
$1.97B+18.1% YoY
Operating margin FY25
29.2%+3.4 pts YoY
ROIC (FY25)33.1%
Avg ROIC 5Y27.2%
ROE (TTM)24%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 5, 2026
$0.30+0.3%
vs $0.30
$2.6B+2.8%
vs $2.5B
Q3 2026
Aug 6, 2026
$0.30+3.2%
vs $0.29
$2.5B+4.5%
vs $2.4B
Q2 2026
May 7, 2026
$0.29+10.1%
vs $0.26
$2.4B+8.9%
vs $2.2B
Q1 2026
Feb 26, 2026
$0.25+3.3%
vs $0.24
$2.1B+4.2%
vs $2.0B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·1d ago
MNST Q3 Earnings Meet Estimates, Sales Beat on Global Growth

Monster Beverage's Q3 sales beat estimates on robust international demand and energy-drink growth, while earnings met expectations amid rising cost pressures.

Defense World·1d ago
Monster Beverage Corporation $MNST Stock Purchased by D.A. Davidson & CO.

D.A. Davidson and CO. grew its holdings in shares of Monster Beverage Corporation (NASDAQ: MNST) by 114.9% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,148 shares of the company's stock after buying an additional 11,841 shares during the

Seeking Alpha·1d ago
Monster Beverage Corporation (MNST) Q3 2026 Earnings Call Transcript

Monster Beverage Corporation ( MNST ) Q3 2026 Earnings Call November 5, 2026 5:00 PM EST Company Participants Hilton Schlosberg - CEO & Vice Chairman Mark Astrachan - SVP of Investor Relations & Corporate Development Guy Carling - Chief Executive Officer for EMEA & OSP Rob Gehring - Chief Executive Officer for Americas Conference Call Participants Dara Mohsenian - Morgan Stanley, Research Division Peter Galbo - BofA Securities, Research Division Kaumil Gajrawala - Jefferies LLC, Research Division Bonnie Herzog - Goldman Sachs Group, Inc., Research Division Matthew Smith - Stifel, Nicolaus & Company, Incorporated, Research Division Peter Grom - UBS Investment Bank, Research Division Presentation Operator Good day, and welcome to the Monster Beverage Corporation Third Quarter 2026 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded.

MarketBeat·1d ago
Monster Beverage Q3 Earnings Call Highlights

Monster Beverage NASDAQ: MNST reported a 16.7% increase in third-quarter net sales as international growth outpaced its domestic business, while higher costs and a shift in geographic sales mix weighed on gross margin.

Filtered for Monster Beverage CorporationMore Headlines
04

Compare before deciding

Benchmark MNST against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Monster Beverage Corporation (MNST)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MNST logoMNSTMonster Beverage CorporationCurrent
$45.72$89.43B41.6910.7%22.66%24.01%—
CELH logoCELHCelsius Holdings, Inc.
$32.16$8.22B27.4985.54%9.41%11.71%0.49%
FIZZ logoFIZZNational Beverage Corp.
$37.14$3.48B19.89-1.73%14.81%32.6%—
KO logoKOThe Coca-Cola Company
$95.67$411.62B28.211.87%28.65%39.58%2.13%
PEP logoPEPPepsiCo, Inc.
$141.34$193.07B17.712.25%11.1%50.24%3.94%
KDP logoKDPKeurig Dr Pepper Inc.
$36.63$49.84B30.388.16%7.12%5.8%2.5%

Compare MNST vs Peers

Monster Beverage Corporation (MNST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CELH

Most directly comparable listed peer for MNST.

Scale Benchmark

vs COST

Larger-name benchmark to compare MNST against a more recognizable public peer.

Peer Set

Compare Top 5

vs CELH, FIZZ, KO, PEP

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

MNST SEC Filings & Documents

Monster Beverage Corporation (MNST) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jul 8, 2026·SEC

Material company update

Jun 4, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 7, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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MNST Frequently Asked Questions

Monster Beverage Corporation (MNST) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Monster Beverage Corporation's revenue?

Monster Beverage Corporation (MNST) reported $9.58B in revenue over the trailing twelve months. Revenue was $8.29B in fiscal year 2025. That is 23199% more than the $35.6M of fiscal year 1996.

How fast is Monster Beverage Corporation growing?

Monster Beverage Corporation (MNST) grew revenue by 20.2% over the trailing twelve months, compared with the twelve months before.

Is MNST profitable?

Yes. Monster Beverage Corporation (MNST) earned $2.17B in net income over the trailing twelve months (a 22.7% net margin).

Dividend & Returns
What is MNST's return on equity?

Monster Beverage Corporation (MNST) had a return on equity (ROE) of 24.0% over the trailing twelve months. That is well above the market's typical 10-15%.

What is Monster Beverage Corporation's free cash flow?

Monster Beverage Corporation (MNST) generated $1.92B in free cash flow over the trailing twelve months.

What if you invested $1,000 in MNST back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →