Monster Beverage (MNST) AI Stock Analysis

• Market Cap: $83.34B
• Dividend Yield: N/A
• Average Volume (3M): 6.19M
• Price to Earnings (P/E): 44.1
• Beta (1Y): 0.29
• Revenue Growth: 7.62%
• EPS Growth: 12.77%
• Country: US
• Employees: 5,527
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): 0.51
• Shares Outstanding: 977,021,240
• 10 Day Avg. Volume: 6,004,676
• 30 Day Avg. Volume: 6,189,400
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 9.80
• Enterprise Value/Gross Profit: 17.54
• Enterprise Value/Ebitda: 32.00
• 1Y Price Target: $89.00
• Price Target Upside: 4.34% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 18
• EPS Forecast (FY): 2.27
• Revenue Forecast (FY): $9.01B

• Rating: 77 Outperform
• Price Target: $98.00 ▲(14.89% Upside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

The score is driven primarily by strong underlying financial quality (high profitability and a very conservative balance sheet) and a positive earnings update showing robust Q4 momentum and strong early 2026 sales. Technicals also support the view with a sustained uptrend, though near-overbought signals temper the rating. The largest constraint is valuation, with a high P/E and no dividend yield provided, plus some uncertainty around the TTM cash-flow print and near-term input-cost pressure.

Positive Factors

High margins & profitability

Sustained gross margins in the mid-50s across regions demonstrate durable pricing power, favorable product mix and execution. High EBIT and net margins support persistent cash generation that funds innovation, buybacks and reinvestment without leaning on leverage.

Very conservative balance sheet

Near-zero debt and very low leverage provide long-term financial flexibility to weather cycles, fund capex/marketing, pursue opportunistic M&A or buybacks, and avoid refinancing risk—strengthening resilience versus peers in downturns.

Strong international growth & distribution

Rapid international expansion and reported share gains diversify revenue and reduce U.S. concentration. A growing global footprint paired with third-party bottling/distribution scalability supports durable volume growth and market penetration over the medium term.

Negative Factors

Slowing revenue growth trend

Top-line growth has moderated meaningfully versus prior years, indicating less organic momentum. If sustained, slower revenue expansion pressures unit volume leverage and raises reliance on pricing, innovation or acquisitions to maintain earnings and margin trajectory.

Input cost & tariff pressure

Persistently higher aluminum costs and tariff complexity pose a structural margin risk. While hedging and targeted pricing are mitigation levers, prolonged elevated input costs could compress margins or force sustained price increases that weigh on volume over time.

Distributor & bottler execution risk

Dependence on third-party distributors and bottlers creates recurring execution and inventory-timing volatility. Material disruptions in APAC and bottler inventory swings can impair international revenue consistency and hinder long-term market share momentum.

Monster Beverage Business Overview & Revenue Model

Company Description

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. It offers carbonated energy drinks, non-carbonated, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages. The company sells its products to bottlers, full-service beverage distributors, as well as sells directly to retail grocery and speciality chains, wholesalers, club stores, mass merchandisers, convenience chains, drug stores, foodservice customers, value stores, e-commerce retailers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. It provides its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Nitro, Java Monster, Muscle Monster, Espresso Monster, Punch Monster, Juice Monster, Monster Hydro Energy Water, Monster Hydro Super Sport, Monster HydroSport Super Fuel, Monster Super Fuel, Monster Dragon Tea, Reign Total Body Fuel, and Reign Inferno Thermogenic Fuel, as well as NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, Fury, and True North brands. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

How the Company Makes Money

Monster Beverage makes money primarily through the production, marketing, and sale of energy drinks. The company's revenue model is largely based on the sale of its branded beverages to a variety of distribution channels, including convenience stores, supermarkets, mass merchandisers, and online platforms. Key revenue streams include domestic and international sales, with a significant portion of its earnings coming from global markets outside the United States. Monster Beverage also benefits from strategic partnerships and distribution agreements, notably with Coca-Cola, which enhances its market reach and distribution efficiency. The company continually invests in marketing and sponsorships, particularly in extreme sports and music events, which further drive brand visibility and sales.

Monster Beverage Financial Statement Overview

Summary

Income statement and balance sheet are strong (high margins and very low leverage), supporting a high-quality earnings profile. The main offsets are moderating TTM revenue growth and uncertainty in the most recent cash-flow picture due to the TTM operating/free cash flow shown as zero.

Income Statement

Monster shows strong profitability with consistently high gross and net margins across the period, and TTM (Trailing-Twelve-Months) margins remain solid (net margin ~21.7%, EBIT margin ~28.5%). Revenue has grown steadily, though the growth rate has moderated versus earlier years (TTM growth ~4% vs. low-to-mid teens in 2021–2023). Overall, the income statement reflects a high-quality earnings profile, with the main watch item being the slowing top-line growth trajectory.

Balance Sheet

The balance sheet is a key strength: debt is minimal to none (TTM total debt reported at 0; 2024 debt-to-equity ~0.06), indicating very low financial leverage and strong flexibility. Equity is sizable and return on equity has remained strong (roughly ~20–27% historically; ~25% in TTM), signaling efficient profitability on the capital base. The only mild drawback is that changes in reported debt levels year-to-year suggest some variability in capital structure reporting/usage, but leverage remains very conservative.

Cash Flow

Cash generation looks healthy in the annual years shown (operating cash flow and free cash flow both positive, with free cash flow generally covering a large portion of net income). However, the TTM (Trailing-Twelve-Months) line shows operating cash flow and free cash flow as 0 with free cash flow growth at -100%, which materially weakens confidence in the most recent cash flow picture and may indicate missing/partial data rather than a true collapse. Given prior-year strength but unclear TTM cash results, cash flow quality scores as good but not top-tier.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.29B	7.49B	7.14B	6.31B	5.54B
Gross Profit	4.63B	4.05B	3.79B	3.17B	3.11B
EBITDA	2.48B	2.01B	2.02B	1.65B	1.85B
Net Income	1.91B	1.51B	1.63B	1.19B	1.38B
Balance Sheet
Total Assets	9.99B	7.72B	9.69B	8.29B	7.80B
Cash, Cash Equivalents and Short-Term Investments	2.77B	1.53B	3.25B	2.67B	3.08B
Total Debt	0.00	373.95M	0.00	0.00	0.00
Total Liabilities	1.73B	1.76B	1.46B	1.27B	1.24B
Stockholders Equity	8.25B	5.96B	8.23B	7.03B	6.57B
Cash Flow
Free Cash Flow	0.00	1.62B	1.48B	675.55M	1.10B
Operating Cash Flow	0.00	1.93B	1.72B	887.70M	1.16B
Investing Cash Flow	0.00	733.73M	-193.40M	-161.37M	-992.02M
Financing Cash Flow	0.00	-3.33B	-542.60M	-706.94M	34.82M

Monster Beverage Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 85.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MNST, the sentiment is Positive. The current price of 85.3 is above the 20-day moving average (MA) of 82.68, above the 50-day MA of 79.87, and above the 200-day MA of 69.05, indicating a bullish trend. The MACD of 1.68 indicates Negative momentum. The RSI at 63.99 is Neutral, neither overbought nor oversold. The STOCH value of 85.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MNST.

Monster Beverage Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MNST	77 Outperform	$83.34B	44.06	25.54%	―	7.62%	12.77%
KO	76 Outperform	$350.77B	26.84	45.97%	2.92%	2.93%	25.42%
FIZZ	70 Outperform	$3.40B	18.26	40.93%	―	0.97%	0.36%
PEP	70 Outperform	$231.98B	28.28	42.86%	3.91%	0.48%	-22.61%
CELH	69 Neutral	$13.82B	222.82	3.06%	―	55.07%	-87.01%
KDP	69 Neutral	$41.14B	19.85	8.36%	3.12%	6.77%	-29.84%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Monster Beverage Corporate Events

Monster Beverage Delivers Strong Fourth-Quarter 2025 Results

Monster Beverage reported strong fourth-quarter 2025 results on February 26, 2026, with net sales up 17.6% year-on-year to $2.13 billion, marking its first fiscal fourth quarter above $2.0 billion, driven largely by its Monster Energy Drinks segment and robust international demand. Operating income rose 42.3% to $542.6 million and net income surged 65.9% to $449.2 million, aided by a lower effective tax rate, while international sales grew 26.9% to comprise 42% of total revenue; however, the Alcohol Brands segment saw a 16.8% sales decline and continued impairment charges, underscoring the company’s reliance on core energy offerings and innovation to sustain growth and strengthen its position in the expanding global energy drink market.

The most recent analyst rating on (MNST) stock is a Buy with a $88.00 price target. To see the full list of analyst forecasts on Monster Beverage stock, see the MNST Stock Forecast page.

Monster Beverage Hosts Investor Meeting Webcast

On December 2, 2025, Monster Beverage Corporation’s CEO Hilton Schlosberg and the senior management team will host an investor meeting to update on the company’s business and operations, which will be available via webcast. The company is positioned strongly in the growing global energy drink market, with a diverse product portfolio and strategic partnerships, notably with Coca-Cola, contributing to its market share gains and robust growth outlook.

The most recent analyst rating on (MNST) stock is a Buy with a $81.00 price target. To see the full list of analyst forecasts on Monster Beverage stock, see the MNST Stock Forecast page.