Maxim Group analyst Anthony Vendetti has reiterated their bullish stance on CELH stock, giving a Buy rating on April 1.
Anthony Vendetti has given his Buy rating due to a combination of factors, primarily centered around the strategic acquisition of Alani Nu by Celsius Holdings. This acquisition is seen as a significant catalyst for revenue growth, as it is expected to enhance earnings per share and achieve substantial cost synergies over the next two years. Alani Nu’s strong brand presence in the energy drink market, particularly among female consumers, complements Celsius’s existing portfolio and is anticipated to drive additional growth.
Furthermore, the acquisition has led to an upward revision of revenue and earnings estimates for 2025 and 2026, reflecting the positive impact of integrating Alani Nu’s financials. The revised 12-month price target of $50, up from $40, underscores the potential value creation from this acquisition. Despite the increased estimates, Celsius’s shares are trading at a valuation below the industry average, presenting an attractive investment opportunity. Overall, the acquisition aligns well with Celsius’s growth strategy, reinforcing the Buy rating.
CELH’s price has also changed moderately for the past six months – from $29.740 to $36.000, which is a 21.05% increase.