Monster Beverage Corporation
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Range $88 – $105
Price Chart
About the company
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.
- CEO
- Hilton H. Schlosberg
- IPO
- 1985
- Employees
- 6,332
- HQ
- Corona, CA, US
AI snapshot
Six angles, distilled from the data.
The stock sits in a constructive long-term regime, trading above its 200-day average of 41.00 after a wide 52-week range from 30.49 to 50.17. That profile points to a mature uptrend rather than a breakout chase, with room to consolidate while staying near the upper half of its yearly band.
Street sentiment is constructive but not euphoric: the consensus is 3.76 with 3 Buy, 9 Hold, and 2 Sell ratings, and the average target of 50.13 sits above the current setup. No recent rating changes or target revisions stand out, so the view appears steady rather than accelerating.
Earnings momentum is favorable, with Monster beating EPS in 5 of the last 8 quarters and the last four reports all ahead of estimates. Next-year EPS is modeled at 1.303 versus 1.08 TTM, so shareholders should watch whether revenue growth and margin discipline keep supporting that step-up.
No notable insider buying or selling in recent quarters. With no reported transactions, there is no clear discretionary signal to read into.
Profitability remains strong, led by a 55.5% gross margin and a 29.18% operating margin, while net margin holds at 23.08%. Growth is still healthy, with revenue up 20.2% year over year and earnings up 18.0%, backed by $2.23 billion in free cash flow.
Monster keeps a premium consumer-staples profile through high margins and stronger growth than most beverage peers, supported by a 25.7% ROE and 17.48% ROA. The valuation still looks rich versus the sector, but the cash generation and brand strength help justify it.
Similar companies
Peers in the same neighborhood.
- Market Cap
- $92.90B
- P/E
- 43.57
- Fwd P/E
- 41.02
- PEG
- 1.26
- P/S
- 10.08
- P/B
- 9.93
- EV/EBITDA
- 30.44
- Div Yield
- 0.00%
- Gross Margin
- 55.55%
- Op Margin
- 29.16%
- Net Margin
- 23.08%
- ROE
- 24.96%
- ROIC
- 21.32%
Latest fiscal year · YoY change
- Revenue
- $8.29B+10.7%
- Gross Profit
- $4.63B+14.4%
- Op Income
- $2.42B
- Net Income
- $1.91B+26.3%
- EPS
- $0.97+30.0%
- OCF Growth
- +8.8%
- FCF Growth
- +18.1%
- 52W High
- $50.17
- 52W Low
- $30.48
- 50D MA
- $47.37
- 200D MA
- $41.07
- Beta
- 0.52
- RSI (14)
- 53
- Avg Volume
- 11.62M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Monster delivered record quarterly sales above $2.5 billion with broad-based double-digit growth, margin resilience, and continued international momentum, while signaling modest aluminum cost pressure and selective pricing actions ahead.· August 6, 2026
- Net sales rose to $2.54 billion, up 20.2% year over year, crossing $2.5 billion for the first time in a single quarter.
- Adjusted EPS increased to $0.60 from $0.52, while reported EPS rose to $0.59 from $0.50.
- Gross margin held up well at 55.9% versus 55.7%, helped by pricing and mix, partly offset by higher aluminum, freight-in, and logistics costs.
- International growth was strong across EMEA, APAC, and LATAM, with management highlighting broad share gains and expanding distribution through Coca-Cola bottlers.
- Management said tariffs were modest in Q2 but expects a continued modest sequential increase in aluminum costs through at least end-2026, and it is considering selective price increases in the U.S. and abroad.
Monster reported Q2 2026 net sales of $2.54 billion, up 20.2% from $2.11 billion a year ago. Net sales excluding the alcohol brand segment increased 20.8%, and on a foreign-currency-adjusted basis net sales rose 17.9% (18.5% excluding alcohol). Gross profit as a percentage of net sales was 55.9% versus 55.7% last year; adjusted gross margin excluding alcohol was 56.3% versus 56.2%. Operating income increased 17.2% to $740.4 million, and adjusted operating income rose 13.3% to $748.1 million. Reported net income per diluted share was $0.59, up 19% from $0.50, and adjusted EPS was $0.60, up 15.2% from $0.52. For July 2026, management estimated sales up about 14.3% excluding alcohol, or 13.9% on a foreign-currency-adjusted basis excluding alcohol. No full-year revenue or EPS guidance was provided on the call, but management said it expects continued modest sequential increases in aluminum costs through at least the end of 2026 and said it is reviewing opportunities for price increases domestically and internationally.
Hilton Schlosberg framed the quarter as another strong step for the business, pointing to record quarterly sales, double-digit growth in every geographic region, and share gains in many markets including the Monster brand in the U.S. He emphasized that the energy drink category remains healthy, with household penetration still expanding and demand supported by both premium and value offerings. His tone was confident and constructive, with repeated references to innovation, marketing execution, and the Coca-Cola system as central to the company’s long-term strategy.
Tom Kelly’s prepared remarks were mainly the financial review, with hard numbers showing stronger sales, stable gross margin, and higher operating income despite heavier spending on marketing and logistics. He cited distribution expenses of $118.8 million, or 4.7% of net sales, versus $82.0 million last year, largely due to freight and fuel, and selling expenses of $269.2 million, or 10.6% of sales, versus $196.9 million, driven by social, digital, sponsorship, and endorsement spending. He also noted G&A of $291.2 million, stock-based compensation of $35.7 million, $6.5 million of digital transformation costs, no share repurchases in Q2, and about $900 million remaining under the repurchase authorization as of August 5.
Analysts focused mainly on pricing, international sustainability, innovation, and operating expense inflation. Management said pricing is being handled selectively rather than through one big global action: in the U.S. Rob Gehring said Monster has consistently moved toward year-over-year pricing and wants revenue ahead of volume and profit ahead of revenue, while Guy Carling said EMEA pricing has been in aggregate low single digits and will continue opportunistically. On innovation, Hilton Schlosberg said the company used staggered launches this year and that the LTOs, including Ultra Red, White, and Blue, were successful; he also said FLRT is still early and that the team is building repeat and consumer awareness. Questions on FSOP and Marriott led management to highlight a meaningful channel opportunity and stronger coordination with Coca-Cola bottlers.
The bull case is that Monster is still gaining share in a category management says is growing globally, while household penetration and usage occasions continue to expand. The company is also showing that innovation, zero-sugar products, international expansion, and Coca-Cola system execution can drive broad-based growth, with management pointing to strong momentum in Brazil, India, China, EMEA zero sugar, and U.S. core brands.
The main risks discussed were higher aluminum, freight, fuel, and marketing costs, along with the possibility that international growth comes with lower gross margin percentages than the U.S. Management said aluminum costs should rise modestly through at least end-2026 and noted tariff dynamics remain complicated, while selective pricing actions may be needed to offset inflation. FLRT was described as still early, South Korea was hurt by bottler inventory timing, and Argentina remains subject to FX-related operating model changes.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 71.6%
- Shares Outstanding
- 1.96B
- Float Shares
- 1.40B
of shares held by institutions
1,292 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for MNST, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Josh GottheimerHouse · NJ05 | Buy | Jul 17, 26 | Filing → |
| Julie JohnsonHouse · TX32 | Sell | Sep 23, 25 | Filing → |
| Julie JohnsonHouse · TX32 | Buy | Sep 23, 25 | Filing → |
| Jared MoskowitzHouse · FL23 | Buy | Jun 17, 26 | Filing → |
| Jared MoskowitzHouse · FL23 | Buy | Jun 17, 26 | Filing → |
| Jared MoskowitzHouse · FL23 | Buy | Jun 17, 26 | Filing → |
| Jared MoskowitzHouse · FL23 | Buy | Mar 23, 26 | Filing → |
| Jared MoskowitzHouse · FL23 | Buy | Mar 23, 26 | Filing → |
| Josh GottheimerHouse · NJ05 | Buy | Feb 2, 26 | Filing → |
| Julie JohnsonHouse · TX32 | Sell | Sep 25, 25 | Filing → |
| Lisa McClainHouse · MI09 | Buy | Jun 17, 25 | Filing → |
| Lisa McClainHouse · MI09 | Sell | Jul 10, 25 | Filing → |
| Tony WiedHouse · WI08 | Sell | Feb 28, 25 | Filing → |
| Julie JohnsonHouse · TX32 | Sell | Jan 15, 25 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 67.98M | ▲ 497.11K |
| Blackrock, Inc. | 60.03M | ▼ 2.97M |
| Vanguard Capital Management LLC | 45.68M | ▲ 281.14K |
| State Street Corp | 36.08M | ▼ 1.85M |
| Invesco Ltd. | 32.69M | ▲ 12.15M |
| Jpmorgan Chase & Co | 29.72M | ▲ 1.34M |
| Alliancebernstein L.P. | 27.06M | ▼ 1.74M |
| Loomis Sayles & Co L P | 24.85M | ▼ 1.06M |
| Geode Capital Management, LLC | 20.32M | ▼ 248.04K |
| Bank Of America Corp | 12.44M | ▼ 96.34K |
| Morgan Stanley | 12.31M | ▲ 464.83K |
| Schroder Investment Management Group | 9.91M | ▼ 535.64K |
Held by 1,850 ETFs
Biggest fund positions in MNST by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jul 8, 26 | Demel Ana | other | 243 |
| Jul 8, 26 | Hall Tiffany M. | other | 122 |
| Jul 8, 26 | JACKSON JEANNE P | other | 302 |
| Jun 10, 26 | Carling Guy | sell | 19,000 |
| May 22, 26 | SCHLOSBERG HILTON H | other | 1,151,867 |
| May 22, 26 | SCHLOSBERG HILTON H | other | 5,908 |
| May 22, 26 | SACKS RODNEY C | other | 697,495 |
| May 22, 26 | SACKS RODNEY C | other | 11,585 |
| May 14, 26 | HALL MARK J | other | 15,000 |
| May 14, 26 | HALL MARK J | other | 12,000 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our MNST coverage
Recent articles, reports, and earnings notes.

Monster Beverage (MNST): International Growth Meets Rich Valuation
Monster Beverage posted another strong quarter with 20.2% sales growth, rising international mix, and continued share gains. The stock’s quality is clear, but a premium valuation keeps the stance at Hold.

Monster Beverage Corporation (MNST) nosedives on split
Monster Beverage Corporation (MNST) appears to nosedive after hours, but the move is tied to its 2-for-1 stock split rather than a business collapse. Investors should read the price action on a split-adjusted basis and focus on earnings, volume growth, and margins.

Inside Our Top Beverages Stock Picks for August 2026
Seven beverage stocks are ranked by investment quality, spanning branded refreshment, energy, hydration, coffee, bottled water, and distribution.
Want a deeper read on MNST?
Generate a full analyst-grade report — bull/bear case, price targets, valuation depth, and a complete financial breakdown.
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AI analysis · Last refreshed August 20, 2026 · Live quote · Not investment advice