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RBC Capital analyst Nik Modi maintains Monster Beverage (NASDAQ:MNST) with a Outperform and raises the price target from $97 to $100.
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On September 3, 2026, the Board of Directors (the "Board") of Monster Beverage Corporation (the "Company") elected Matthew S. Burroughs as Chief Accounting Officer and Deputy Chief Financial Officer of
Filed: 2026-09-04 AccNo: 0001104659-26-105498 Size: 187 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Monster Beverage completed its 2-for-1 stock split on August 11, 2026, with the stock climbing about 5% since the split. While the company has a high forward P/E ratio of 41.6, it demonstrates strong fundamentals including 21.6% growth in core energy drink sales, robust international expansion (46% of Q2 sales), and long-term opportunities in the alcohol segment. The stock is recommended for aggressive investors seeking long-term growth, though conservative investors may find the valuation and lack of dividends unappealing.