Wall Street analyst estimates for Monster Beverage Corporation (MNST): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Monster Beverage Corporation is a global entity primarily involved in the innovation, marketing, sale, and distribution of energy beverages and concentrates. Its business operations are categorized into three main divisions: Monster Energy Drinks, Strategic Brands, and a segment designated as "Other." The company boasts an extensive product portfolio, encompassing a wide array of carbonated energy drinks, alongside various non-carbonated options.
Consensus price target
$84.68 (+79 % vs price $47.34)
between $50.00 and $104.00 · 5 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $9.8B | $9.2B – $9.9B | $1.16 | 10 |
| 2027E | $10.7B | $10.1B – $11.1B | $1.31 | 12 |
| 2028E | $11.7B | $11.0B – $12.4B | $1.48 | 8 |
Figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 1 |
| Buy | 22 |
| Hold | 18 |
| Sell | 3 |
| Strong Sell | 0 |
| Total analysts | 44 |
| Avg rating (−2 sell to +2 buy) | 0.48 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-03-04 | $0.28 | ||
| 2026-11-05 | $0.30 | ||
| 2026-08-06 | $0.30 | $0.29 | +3.2% |
| 2026-05-07 | $0.29 | $0.26 | +10.1% |
| 2026-02-26 | $0.25 | $0.24 | +3.3% |
| 2025-11-06 | $0.28 | $0.24 | +17.0% |
| 2025-08-07 | $0.26 | $0.24 | +8.2% |
| 2025-05-08 | $0.23 | $0.21 | +7.0% |
Valuation Ratios
| P/E Ratio | 43.63 |
| Price / Book | 9.90 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.05B | $3.37B | $3.81B | $4.20B | $4.60B | $5.54B | $6.31B | $7.14B | $7.49B | $8.29B |
| Cost of Revenue | $1.11B | $1.23B | $1.51B | $1.68B | $1.87B | $2.43B | $3.14B | $3.35B | $3.44B | $3.66B |
| Gross Profit | $1.94B | $2.14B | $2.30B | $2.52B | $2.72B | $3.11B | $3.17B | $3.79B | $4.05B | $4.63B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | 0 | 0 | 0 | 0 | $1.09B | $1.31B | $1.59B | $1.80B | $1.99B | 0 |
| Operating Expenses | $856.7M | $938.9M | $1.01B | $1.12B | $1.09B | $1.31B | $1.59B | $1.84B | $2.12B | $2.21B |
| Operating Income | $1.09B | $1.20B | $1.28B | $1.40B | $1.63B | $1.80B | $1.58B | $1.95B | $1.93B | $2.42B |
| EBITDA | $1.13B | $1.25B | $1.34B | $1.46B | $1.69B | $1.85B | $1.63B | $2.14B | $2.10B | $2.60B |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $27.9M | $6.6M |
| Pre-tax Income | $1.08B | $1.20B | $1.29B | $1.42B | $1.63B | $1.80B | $1.57B | $2.07B | $1.99B | $2.48B |
| Income Tax | $367.0M | $380.9M | $300.3M | $308.1M | $216.6M | $423.9M | $380.3M | $437.5M | $480.4M | $577.1M |
| Net Income | $712.7M | $820.7M | $993.0M | $1.11B | $1.41B | $1.38B | $1.19B | $1.63B | $1.51B | $1.91B |
| EPS | $0.30 | $0.36 | $0.45 | $0.51 | $0.67 | $0.65 | $0.56 | $0.78 | $0.75 | $0.97 |
| EPS (Diluted) | $0.30 | $0.35 | $0.44 | $0.51 | $0.66 | $0.65 | $0.56 | $0.77 | $0.74 | $0.97 |
| Shares Outstanding (Diluted) | 2,399.3 M | 2,308.6 M | 2,257.0 M | 2,186.4 M | 2,139.2 M | 2,142.6 M | 2,132.9 M | 2,116.0 M | 2,026.2 M | 1,968.9 M |
Price
| Price | $47.34 (closing price, October 30, 2026) |
| Market Cap | $92.7B |
| Exchange | NASDAQ |
| Country | US |
Related companies: PEP · KDP · CELH · KO
Explore sector: Consumer Defensive · Beverages - Non-Alcoholic
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