tiprankstipranks
Trending News
More News >

Optimistic Buy Rating for Celsius Holdings Amid Positive Outlook and Solid Financial Position

Optimistic Buy Rating for Celsius Holdings Amid Positive Outlook and Solid Financial Position

Analyst Gerald Pascarelli of Needham maintained a Buy rating on Celsius Holdings (CELHResearch Report), retaining the price target of $47.00.

Confident Investing Starts Here:

Gerald Pascarelli has given his Buy rating due to a combination of factors that suggest a positive outlook for Celsius Holdings. The analyst maintains confidence in the company’s trajectory, expecting improvements in standalone trends as the year progresses, particularly with the easing of comparable metrics and the advantages of shelf reset gains becoming more evident.
While the recent modeling call did not reveal any major surprises, it provided useful insights into the expectations for the pro-forma business. Despite a slight reduction in revenue and adjusted EPS projections for FY25 and FY26, the increase in EBITDA indicates a solid financial position. These elements collectively support the Buy rating, reflecting an optimistic view of the company’s future performance.

In another report released today, Roth MKM also maintained a Buy rating on the stock with a $46.00 price target.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue