Goldman Sachs Considers Monster Beverage (MNST) A Highly Appealing Investment
From Yahoo Finance: 2025-05-24 03:29:00
Goldman Sachs analyst Bonnie Herzog has labeled Monster Beverage Corp. as a top growth opportunity in the consumer staples sector, reiterating a Buy rating with a $67 price target. FY 2025 EPS estimate is $1.86, indicating 25% YoY growth. Q1 2025 sales declined 2.3% YoY to $1.85 billion due to Alcohol Brands weakness and forex impact. Operating margin improved to 31.5% and EPS was $0.47. Sales increased in April, focusing on margin improvement through pricing strategies and supply chain enhancements. New products like Monster Energy Ultra Blue Hawaiian are driving sales growth. Herzog believes the company has room to increase gross profit and earnings. Monster Beverage Corp. (NASDAQ:MNST) develops and markets energy drinks.
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