MNST Price Prediction Next Week
Technical Analysis: Based on Fibonacci levels, MNST is currently trading near support at $48.17, with next resistance at $50.87. The RSI(14) at 27.54 indicates oversold conditions, suggesting a potential bounce. MACD at -1.10 shows bearish momentum but may be bottoming out.
News Sentiment & Catalysts:
- Goldman Sachs maintains Buy rating with $61 price target, citing meaningful room for gross profit growth through innovation and pricing
- Recent investor meeting highlighted positive growth outlook driven by new product launches and international expansion plans for 2025, particularly in China and Japan
- Multiple analysts including RBC Capital and BofA maintain Buy ratings with price targets ranging from $57-$59, emphasizing strong market position
Price Prediction for Next Week: Based on technical indicators and positive news sentiment:
- Base case (60% probability): Price likely to bounce from oversold levels to test first Fibonacci resistance at $50.87
- Bullish case (25% probability): Break above $50.87 could push price toward $51.71
- Bearish case (15% probability): Break below $48.17 support could see price test $47.33
Trading Recommendation: BUY at current levels ($48.28) with:
- Target: $50.87 (first resistance)
- Stop loss: $47.33 (second Fibonacci support) Risk-reward ratio is favorable given oversold conditions and positive analyst sentiment.
MNST Similar Chart Price Prediction
The price of MNST is predicted to go up -10.41%, based on the high correlation periods with LPG. The similarity of these two price pattern on the periods is 97.74%.
MNST
LPG
Down: -10.41%Similarity: 97.74%
MNST Revenue Forecast
MNST EPS Forecast
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MNST VS S&P500
Strong energy drink demand, coupled with Monster's strong innovation pipeline, bodes well for high-single-digit top-line growth in the coming years.
Monster has broadened its appeal to health-conscious consumers with better-for-you drinks, including zero sugar, zero calorie offerings and beverages containing only natural ingredients.
Monster stands to gain volume share as the maker of rival brand Bang (with high-single-digit volume share in the US) filed for bankruptcy in 2022.
MNST Analyst's Forecast
Gerald Pascarelli
Needham
Hold
Price Target
n/a
Upside
0%
Needham initiated coverage of Monster Beverage with a Hold rating and no price target. While stating that there is "a lot to like" about the story, including the recent reacceleration in category growth along with an improvement in magnitude of Monster's share losses ahead of a price increase that rolled out on November 1 and could provide further benefits to sales and margins, the firm is still cautious on the long-term sustainability of a U.S. recovery. With shares trading over a turn above the one-year average, the firm believes the stock is fairly valued, the analyst tells investors.
Peter Grom
UBS
Hold
Price Target
$55 → $57
Upside
+5.28%
Chris Carey
Wells Fargo
Buy
Price Target
$57 → $60
Upside
+10.89%