From Barchart: 2025-05-23 10:05:00

Goldman Sachs sets a price target of $67 for NASDAQ:MNST, indicating a potential increase of approximately 6.57%. MNST upgraded to a Zacks Rank #2 (Buy) due to an optimistic earnings outlook. The company’s market capitalization stands at approximately $61.31 billion, with a trading volume of 3,812,325 shares.

Monster Beverage Corporation, listed on NASDAQ as MNST, is a leading player in the energy drink market. Known for its popular energy drinks, the company competes with other major brands like Red Bull and Rockstar. On May 22, 2025, Bonnie Herzog from Goldman Sachs set a price target of $67 for NASDAQ:MNST, suggesting a potential price increase of approximately 6.57% from its current price of $62.87. Goldman Sachs considers Monster Beverage “one of the most attractive stories in Staples.”

The positive outlook for MNST is further supported by its recent upgrade to a Zacks Rank #2 (Buy). This upgrade reflects growing optimism about the company’s earnings prospects. Currently, MNST is trading at $62.87, reflecting a slight decrease of 0.23, or -0.36%. Despite this minor dip, the stock has shown resilience, fluctuating between a low of $62.48 and a high of $63.22 today.

Monster Beverage’s market capitalization stands at approximately $61.31 billion, highlighting its significant presence in the industry. With a trading volume of 3,812,325 shares today, investor interest in MNST remains strong. As the company continues to improve its earnings outlook, it is likely to attract more attention from investors, potentially driving the stock price closer to the $67 target set by Goldman Sachs.



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