Monster Beverage Corporation (MNST) Stock Price & Analysis
Monster Beverage Corporation (MNST) closed at USD 46.19 on Friday, October 23, 2026, down 2.35% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 47.3; the Oct 23, 2026 session ranged USD 45.98–47.33 on volume of 8,365,919 shares. Market capitalization is $90.49B, with a 52-week range of USD 32.94–50.17 (NMS). Source: Nexqual, retrieved October 26, 2026 at 01:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MNST.md
Key facts (MNST)
- Last four reported quarters (through Jun 30, 2026): revenue $9.22B, net income $2.13B (23.1% margin), free cash flow $2.10B (SEC filings).
- Valuation: P/E 42.5x (avg 37.4x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold MNST (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $15.5M; 4 not under a Rule 10b5-1 plan ($15.5M); 2 by opportunistic insiders (2 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.40 on a 1–5 scale) (25 analysts), mean target USD 49.78 (range 35–57).
- Total return with dividends: 1Y +32.6% vs S&P 500 +13.4%; 5Y +117.4% vs S&P 500 +76.9%.
- Next earnings: 2026-11-05, EPS estimate USD 0.3, revenue estimate $2.49B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MNST)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $5.54B | $6.31B | $7.14B | $7.49B | $8.29B | $9.22B |
| Gross profit | $3.11B | $3.17B | $3.79B | $4.05B | $4.63B | — |
| Operating income | $1.80B | $1.58B | $1.95B | $1.93B | $2.42B | $2.69B |
| Net income | $1.38B | $1.19B | $1.63B | $1.51B | $1.91B | $2.13B |
| Free cash flow | $1.11B | $699M | $1.50B | $1.66B | $1.97B | $2.10B |
| Gross margin | 56.1% | 50.3% | 53.1% | 54.0% | 55.8% | — |
| Operating margin | 32.4% | 25.1% | 27.4% | 25.8% | 29.2% | 29.2% |
| Net margin | 24.9% | 18.9% | 22.8% | 20.1% | 23.0% | 23.1% |
| Revenue growth | +20.5% | +13.9% | +13.1% | +4.9% | +10.7% | — |
| Cash + short-term investments | $3.08B | $2.67B | $3.25B | $1.53B | $2.77B | — |
| Total debt | — | — | $0K | $374M | — | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MNST)
P/E 42.5x · P/S 9.8x · P/FCF 43.1x · P/B 9.7x · FCF yield 2.32% · Earnings yield 2.35% · Buyback yield (TTM) 0.24%
P/E at fiscal year-ends: Dec 2025 39.6x, Dec 2024 35.3x, Dec 2023 37.4x.
Superinvestors (SEC 13F-HR, Q2 2026) (MNST)
1 of 80 tracked investors hold MNST. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Lee Ainslie | Maverick Capital | 2.28% | $253M | Added +6.7% |
Insider sales (SEC Form 4, open-market, last ~7 months) (MNST)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-10 | Carling Guy | CEO, EMEA and OSP | 19,000 | $1.7M | 46.5% | No | Too little history (no open-market trades in 2024) |
| 2026-05-14 | Hall Mark J | Director | 54,000 | $4.6M | 15.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-13…2026-05-14 | Tirre Emelie | Chief Strategy Officer | 98,700 | $8.5M | 57.1% | No | Too little history (no open-market trades in 2024) |
| 2026-05-13 | Kelly Thomas J | Chief Financial Officer | 7,000 | $615K | 10.1% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MNST)
Consensus Buy (mean 2.40 on a 1–5 scale), 25 analysts; mean target USD 49.78 (low 35, high 57).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-05 | Wells Fargo | Target lowered | Overweight | $53 → $48 |
| 2026-08-07 | UBS | Target raised | Neutral | $104 → $105 |
| 2026-08-07 | RBC Capital | Target raised | Outperform | $97 → $100 |
| 2026-08-07 | Piper Sandler | Target raised | Overweight | $94 → $101 |
| 2026-08-07 | Evercore ISI Group | Target raised | Outperform | $95 → $105 |
| 2026-07-20 | BMO Capital | Target raised | Market Perform | $73 → $95 |
| 2026-07-20 | Deutsche Bank | Downgrade | Buy → Hold | $94 → $98 |
| 2026-07-16 | UBS | Target raised | Neutral | $84 → $104 |
| 2026-07-16 | Stifel | Target raised | Buy | $90 → $105 |
| 2026-07-14 | Citigroup | Target raised | Buy | $100 → $113 |
| 2026-07-08 | Wells Fargo | Target raised | Overweight | $97 → $105 |
Total return (dividends reinvested) (MNST)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +32.6% | +117.4% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +32.7% | +16.8% |
| Volatility (annualized) | 26.4% | 24.2% |
| Max drawdown | -17.7% (Feb 2026→Mar 2026) | -23.8% (Mar 2024→Aug 2024) |
MNST revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Monster Energy Drinks | $2.36B | 92.9% | +21.6% |
| Strategic Brands | $143.7M | 5.7% | +10.6% |
| Alcohol Brands | $32.2M | 1.3% | -15.2% |
| All Other Segments | $5.4M | 0.2% | -15.3% |
| Total revenue | $2.54B | 100% | — |
MNST revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| U.s.& Canada | $1.45B | 57.2% | +11.5% |
| EMEA | $632.8M | 24.9% | +27.0% |
| Latin America & Caribbean | $234.1M | 9.2% | +55.8% |
| Asia Pacific | $219.0M | 8.6% | +35.4% |
| Total revenue | $2.54B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MNST suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | American Fruits and Flavors | “AFF is our primary flavor supplier.” |
| Customer | Coca-Cola Canada Bottling | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern” |
| Customer | Coca-Cola Consolidated, Inc. (COKE) | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern” |
| Customer | Coca-Cola Bottling Company United | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern” |
| Customer | Reyes Holdings | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern” |
| Customer | Coca-Cola Southwest Beverages | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern” |
| Customer | Amazon (AMZN) | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern New England, Inc., Swire Pacific Holdings, Inc. (USA), Liberty Coca-Cola Beverages, LLC, Coca-Cola Europacific Partners, Coca-Cola Hellenic, Coca-Cola FEMSA, Swire Coca-Cola (Chi…” |
| Customer | Company of Northern New England | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern New England, Inc., Swire Pacific Holdings, Inc. (USA), Liberty Coca-Cola Beverages, LLC, Coca-Cola Europacific Partners, Coca-Cola Hellenic, Coca-Cola FEMSA, Swire Coca-Cola (Chi…” |
| Customer | Swire Pacific Holdings | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern New England, Inc., Swire Pacific Holdings, Inc. (USA), Liberty Coca-Cola Beverages, LLC, Coca-Cola Europacific Partners, Coca-Cola Hellenic, Coca-Cola FEMSA, Swire Coca-Cola (Chi…” |
| Customer | Liberty Coca-Cola Beverages | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern New England, Inc., Swire Pacific Holdings, Inc. (USA), Liberty Coca-Cola Beverages, LLC, Coca-Cola Europacific Partners, Coca-Cola Hellenic, Coca-Cola FEMSA, Swire Coca-Cola (Chi…” |
| Customer | Asahi Soft Drinks | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern New England, Inc., Swire Pacific Holdings, Inc. (USA), Liberty Coca-Cola Beverages, LLC, Coca-Cola Europacific Partners, Coca-Cola Hellenic, Coca-Cola FEMSA, Swire Coca-Cola (Chi…” |
| Customer | Wal-Mart | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern New England, Inc., Swire Pacific Holdings, Inc. (USA), Liberty Coca-Cola Beverages, LLC, Coca-Cola Europacific Partners, Coca-Cola Hellenic, Coca-Cola FEMSA, Swire Coca-Cola (Chi…” |
| Customer | Costco Wholesale | “Our non-alcohol customers include Coca-Cola Canada Bottling Limited, Coca-Cola Consolidated, Inc., Coca-Cola Bottling Company United, Inc., Reyes Holdings, LLC, Coca-Cola Southwest Beverages LLC, The Coca-Cola Bottling Company of Northern New England, Inc., Swire Pacific Holdings, Inc. (USA), Liberty Coca-Cola Beverages, LLC, Coca-Cola Europacific Partners, Coca-Cola Hellenic, Coca-Cola FEMSA, Swire Coca-Cola (Chi…” |
| Partner | Coca-Cola (KO) | “New England, Inc., Swire Pacific Holdings, Inc. (USA), Liberty Coca-Cola Beverages, LLC, Coca-Cola Europacific Partners, Coca-Cola Hellenic, Coca-Cola FEMSA, Swire Coca-Cola (China), COFCO Coca-Cola, Coca-Cola Beverages Africa, Coca-Cola İçecek and certain other TCCC network bottlers, Asahi Soft Drinks, Co., Ltd., Wal-Mart, Inc. (including Sam's Club), Costco Wholesale Corporation and Amazon.com, Inc.” |
| Competitor | PepsiCo (PEP) | “Our products compete with all liquid refreshments, including TCCC, PepsiCo, Inc. ("PepsiCo"), Keurig Dr. Pepper Inc. ("KDP") and Red Bull GmbH.” |
| Competitor | Starbucks (SBUX) | “Our Reign Storm® Total Wellness Energy product line competes directly with CELSIUS, Alani Nu, Bloom, Starbucks Iced Energy, UPTIME Energy, PHORM Energy, ZOA Energy, Bum Energy, Gorilla Mind, and C4 Smart Energy.” |
Quoted from the company's 10-K filed Feb 27, 2026.
MNST customer concentration
In the period ended Jun 30, 2026, 2 direct customers each accounted for at least 10% (16%, 9%) of revenue, per the company's 10-Q filed Aug 7, 2026. The company does not name them.
MNST company outlook (results filed Aug 6, 2026)
- “The Company anticipates its common stock to begin trading at the split-adjusted price on August 11, 2026.”
Quoted word-for-word from the SEC 8-K results press release.
MNST analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.30 | $0.30 | +0.4% | $2.49B | 10 |
| Next quarter (ends Dec 2026) | $0.28 | $0.27 | +2.3% | $2.39B | 10 |
| Current fiscal year (ends Dec 2026) | $1.15 | $1.14 | +0.7% | $9.74B | 11 |
| Next fiscal year (ends Dec 2027) | $1.31 | $1.29 | +1.2% | $10.67B | 13 |
MNST options: expected move
Options price a move of about ±7.5% (±$3.50) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±4.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 26 | 33.5% | ±7.5% |
| Dec 18, 2026 | 54 | 29.1% | ±9.1% |
| Jan 15, 2027 | 82 | 31.6% | ±12.1% |
| Mar 19, 2027 | 145 | 31.2% | ±15.8% |
| Jun 17, 2027 | 235 | 31.4% | ±20.3% |
| Sep 17, 2027 | 327 | 28.9% | ±22.2% |
30-day implied volatility 36.4% vs 23.3% realized over the last 30 trading days. Put/call ratio (volume) 1.02. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 26, 2026 at 01:39 UTC)
| Price | USD 46.19 |
|---|---|
| Change | ▼ 2.35% (down) |
| Previous Close | USD 47.3 |
| Open | USD 47.09 |
| Day Range | USD 45.98 – 47.33 |
| 52-Week Range | USD 32.94 – 50.17 |
| Volume | 8,365,919 shares |
| Market Cap | $90.49B |
| Exchange | NMS |
Technical Analysis (MNST)
Nexqual's technical model rates MNST "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 26, 2026 at 01:39 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 61.59 (neutral) |
| vs SMA50 | Above (USD 44.83) |
| MACD | 0.7 (positive) |
Analyst Ratings (MNST)
Wall Street analysts rate MNST "Buy" based on 25 analysts, with a mean price target of USD 49.78 (range USD 35–57), per Nexqual as of October 26, 2026 at 01:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 25 |
| Mean Target | USD 49.78 |
| High Target | USD 57 |
| Low Target | USD 35 |
| Buy / Hold / Sell | 14 / 10 / 1 |
Earnings (MNST)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 0.3 |
| Revenue Estimate | $2.49B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.3 vs est 0.29 ▲ beat |
| 2026-03-31 | USD 0.29 vs est 0.26 ▲ beat |
| 2025-12-31 | USD 0.23 vs est 0.24 ▼ miss |
| 2025-09-30 | USD 0.27 vs est 0.24 ▲ beat |
Source: Nexqual, October 26, 2026 at 01:39 UTC.
Financials & Fundamentals (MNST)
| Total Revenue | $9.22B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +20.20% |
| Gross Margin | +55.55% |
| Operating Margin | +29.18% |
| Profit Margin | +23.08% |
| ROE | +25.70% |
| Debt / Equity | 0.01 |
| Current Ratio | 3.73 |
| Total Cash | $3.42B |
| Total Debt | $92.93M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $2.10B (22.8% of revenue) |
Source: Nexqual, October 26, 2026 at 01:39 UTC.
Financial Health Score (MNST)
Nexqual rates Monster Beverage Corporation's overall financial health "Strong" across five dimensions, as of October 26, 2026 at 01:39 UTC.
| Growth | Solid — Revenue +11% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 56%, operating 29% (last 12 months) |
| Balance Sheet | Strong — $3.42B cash vs $93M debt, net cash position |
| Cash Flow | Strong — FCF $2.10B (last 4 quarters to Jun 2026, SEC), 23% margin |
| Efficiency | Strong — ROE 26%, ROA 17.5% |
Ownership (MNST)
| Insider Ownership | +28.30% |
|---|---|
| Institutional Ownership | +69.34% |
| Shares Outstanding | 1.96B |
| Float | 1.81B |
| Short % of Float | +3.24% |
Source: Nexqual, October 26, 2026 at 01:39 UTC.
Leadership (MNST)
Monster Beverage Corporation is led by Hilton H. Schlosberg, CEO & Vice Chairman, per Nexqual as of October 26, 2026 at 01:39 UTC.
| CEO & Vice Chairman | Hilton H. Schlosberg |
|---|---|
| Chief Financial Officer | Thomas J. Kelly |
| Chief Strategy Officer | Emelie C. Tirre |
| Chief Accounting Officer & Deputy CFO | Matthew S. Burroughs |
Major Backers & Investors (MNST)
Notable institutional backers of Monster Beverage Corporation include Invesco, JPMorgan, Alliancebernstein L.P., according to Nexqual as of October 26, 2026 at 01:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Invesco | 6.67% |
| JPMorgan | 6.07% |
| Alliancebernstein L.P. | 5.53% |
| LOOMIS SAYLES & CO L P | 5.07% |
| Bank of America Corporation | 2.54% |
| Fidelity | 1.89% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 12.4% |
| BlackRock | 12.26% |
| State Street | 7.37% |
| Geode Capital | 4.15% |
Source: Nexqual, October 26, 2026 at 01:39 UTC.
From Monster Beverage Corporation's Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- We continually endeavor to develop back-up sources of supply for certain of our flavor ingredients, flavors and concentrates purchased from third-party suppliers, as well as to negotiate arrangements with our existing suppliers, which would enable us to obtain access to certain of such concentrates or flavor formulas under certain circumstances.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in government regulation, or a failure to comply with existing regulations, including those related to energy drinks, data protection and advertising, could adversely affect our business, financial condition and results of operations.
- Regulations concerning our alcohol beverages may adversely affect our business, financial condition or results of operations and inhibit the sales of such products.
- Changes in the regulation of artificial intelligence could result in enforcement actions, fines, or other adverse consequences.
- Litigation regarding our products and practices, and related unfavorable media attention, could expose us to significant liabilities and reduce demand for our products, thus negatively affecting our financial results.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CCEP | Coca-Cola Europacific Partners | USD 110.84 | ▼ 2.97% |
| KDP | Keurig Dr Pepper Inc. | USD 34.68 | ▼ 1.45% |
| PEP | Pepsico, Inc. | USD 135.77 | ▼ 2.2% |
| KOF | Coca Cola Femsa S.A.B. de C.V. | USD 118.11 | ▲ 0.05% |
| KO | Coca-Cola Company (The) | USD 92.71 | ▼ 2.76% |
| COKE | Coca-Cola Consolidated, Inc. | USD 203.31 | ▼ 5.41% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 26, 2026 at 01:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt