Celsius Holdings (CELH) AI Stock Analysis

• Market Cap: $15.53B
• Dividend Yield: N/A
• Average Volume (3M): 6.74M
• Price to Earnings (P/E): 165.9
• Beta (1Y): 0.88
• Revenue Growth: 11.85%
• EPS Growth: -64.69%
• Country: US
• Employees: 1,073
• Sector: Consumer Defensive
• Sector Strength: 50
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): 0.33
• Shares Outstanding: 257,946,140
• 10 Day Avg. Volume: 7,267,382
• 30 Day Avg. Volume: 6,739,372
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.85
• Enterprise Value/Revenue: 9.89
• Enterprise Value/Gross Profit: 19.62
• Enterprise Value/Ebitda: 98.72
• 1Y Price Target: $58.76
• Price Target Upside: -1.36% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 18

• Rating: 75 Outperform
• Price Target: $69.00 ▲(15.83% Upside)

Celsius Holdings' strong financial performance and positive earnings call sentiment are major strengths, driving the overall score. However, the high valuation and technical indicators suggesting overbought conditions temper the score. The company's growth trajectory remains promising, but investors should be cautious of potential margin pressures.

Positive Factors

Market Position

Combined Celsius and Alani Nu energy sales growth accelerated significantly, indicating strong market performance.

Revenue Growth

CELH delivered an impressive beat with both revenue and EBITDA easily topping consensus estimates, driven by continued strength in Alani Nu and improving consumption trends of the core Celsius brand.

Strategic Acquisition

The acquisition of Alani Nu is considered a strategic fit and a catalyst for revenue growth reacceleration, with the potential to achieve $50M in cost synergies over two years.

Negative Factors

Analyst Rating

Reiterate Underperform rating based on valuation, despite raising the price objective from $35 to $40.

Cost Pressures

Aluminum-related cost pressures are expected to begin weighing on margins as CELH works through its existing inventory reserve.

Valuation Concerns

Valuation post share price reaction sits well in excess of SMID cap peers.

Celsius Holdings Business Overview & Revenue Model

Company Description

Celsius Holdings, Inc. is a global wellness company that specializes in developing and marketing fitness drinks and supplements. Founded in 2004, the company operates primarily in the health and wellness sector, offering a range of products designed to boost energy and enhance metabolic performance. Celsius is known for its flagship line of functional beverages, which includes carbonated and non-carbonated drinks enriched with vitamins, minerals, and other performance-driven ingredients. The company focuses on health-conscious consumers and targets the fitness and lifestyle markets.

How the Company Makes Money

Celsius Holdings generates revenue primarily through the sale of its beverage products, which are distributed through various channels including retail, e-commerce platforms, and direct-to-consumer sales. Key revenue streams include sales from its energy drinks, which are marketed as fitness-enhancing beverages, and a growing line of related supplements. The company has established partnerships with major retailers and distributors, which expand its market reach and enhance brand visibility. Additionally, Celsius benefits from consumer trends favoring healthier lifestyle choices, increasing demand for functional beverages, and effective marketing strategies that resonate with fitness enthusiasts and health-conscious individuals.

Celsius Holdings Financial Statement Overview

Summary

Celsius Holdings shows strong financial performance with impressive revenue growth and profitability. The company maintains a solid balance sheet with low leverage and a strong cash flow position. However, recent decreases in net profit margin and ROE suggest areas for improvement.

Income Statement

Celsius Holdings demonstrates impressive revenue growth with a notable increase from 2021 to 2025. The company has achieved strong gross profit and net profit margins, indicating efficient cost management and profitability. The consistent increase in EBITDA and EBIT margins further emphasizes operational efficiency. However, the net profit margin has slightly decreased in the latest TTM period, which requires monitoring.

Balance Sheet

The company maintains a solid equity ratio, reflecting a strong financial position with a significant proportion of equity in its asset base. The debt-to-equity ratio remains low, indicating prudent financial leverage. However, the return on equity has decreased slightly due to lower net income, which could impact future investment returns.

Cash Flow

Celsius Holdings shows robust operating cash flow, with a favorable operating cash flow to net income ratio. The free cash flow is positive and growing, reflecting effective cash management. Despite the positive cash flow trends, the free cash flow growth rate has slowed in the latest TTM period, warranting attention to ensure continued cash flow strength.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.33B	1.36B	1.32B	653.60M	314.27M	130.73M
Gross Profit	670.37M	680.21M	633.14M	270.87M	128.17M	60.97M
EBITDA	133.22M	163.00M	269.59M	-155.88M	-2.79M	11.32M
Net Income	111.68M	145.07M	226.80M	-187.28M	3.94M	8.52M
Balance Sheet
Total Assets	1.86B	1.77B	1.54B	1.22B	314.02M	131.29M
Cash, Cash Equivalents and Short-Term Investments	977.28M	890.19M	755.98M	614.16M	16.25M	43.25M
Total Debt	19.70M	20.25M	2.19M	1.22M	1.37M	1.12M
Total Liabilities	591.92M	542.46M	447.87M	357.49M	96.97M	26.96M
Stockholders Equity	1.27B	1.22B	1.09B	864.58M	217.04M	104.33M
Cash Flow
Free Cash Flow	205.81M	239.51M	123.78M	99.92M	-99.74M	2.82M
Operating Cash Flow	231.62M	262.90M	141.22M	108.18M	-96.59M	3.40M
Investing Cash Flow	-104.14M	-101.73M	-14.20M	-5.67M	-1.26M	757.00K
Financing Cash Flow	-30.67M	-25.97M	-25.22M	534.11M	71.39M	15.57M

Celsius Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 59.57
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CELH, the sentiment is Positive. The current price of 59.57 is above the 20-day moving average (MA) of 53.75, above the 50-day MA of 48.66, and above the 200-day MA of 35.43, indicating a bullish trend. The MACD of 4.16 indicates Negative momentum. The RSI at 69.60 is Neutral, neither overbought nor oversold. The STOCH value of 68.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CELH.

Celsius Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MNST	80 Outperform	$60.66B	38.79	24.10%	―	3.70%	-0.53%
CELH	75 Outperform	$15.53B	165.95	7.91%	―	11.85%	-64.69%
COCO	75 Outperform	$1.94B	31.62	24.35%	―	11.97%	16.10%
FIZZ	63 Neutral	$3.98B	21.29	37.23%	―	0.81%	5.51%
Sector *	63 Neutral	$20.46B	14.51	-3.60%	3.15%	2.60%	-5.31%
ZVIA	54 Neutral	$206.86M	―	-22.11%	―	-1.08%	54.50%
OTLY	52 Neutral	$561.96M	―	-114.20%	―	4.47%	42.22%

Celsius Holdings Corporate Events

Celsius Holdings Reports Record Q2 2025 Revenue Growth

In the second quarter of 2025, Celsius Holdings reported record revenue of $739 million, an 84% increase from the previous year, driven by the acquisition of Alani Nu and rising demand for its energy drink portfolio. The company’s market share in the U.S. energy drink category rose to 17.3%, with significant growth in both domestic and international markets. Despite a slight decrease in gross margin, the company’s net income increased by 25%, reflecting strong operational performance and strategic execution in a rapidly evolving market.

Celsius Holdings Approves Key Proposals at Annual Meeting

On May 28, 2025, Celsius Holdings held its Annual Meeting of Stockholders where several key proposals were approved. Notably, the company’s stockholders agreed to amend the Articles of Incorporation to increase the authorized Common Stock from 300 million to 400 million shares. Additionally, the election of nine directors, approval of executive compensation, and the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year 2025 were confirmed.

Celsius Holdings Discusses Alani Nu Integration Strategy

On May 28, 2025, Celsius Holdings presented a modeling conference call discussing its strategic plans and financial expectations. The presentation highlighted the integration of Alani Nu, a leading energy drink brand with a strong female consumer base, into Celsius’ operations. This move is expected to enhance Celsius’ market position and expand its product offerings, leveraging Alani Nu’s established distribution network and marketing strategies. The announcement is significant for stakeholders as it outlines Celsius’ growth strategy and potential impact on its financial performance.