CELH
Celsius Holdings Inc
NASDAQ: CELH · CONSUMER DEFENSIVE · BEVERAGES - NON-ALCOHOLIC
$30.80
+1.38% today
Updated 2026-06-18
Market cap
$7.46B
P/E ratio
67.86
P/S ratio
2.51x
EPS (TTM)
$0.43
Dividend yield
—
52W range
$27 – $67
Volume
8.8M
Celsius Holdings Inc (CELH) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed CELH price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$30.80
Today
Analyst consensus
$63.89
+107.44% · 12M
2030 Base
$31.93
+3.67% future
NPV today
$23.07
@ 7% WACC
24 analysts:
20 Buy4 Hold0 Sell
Management guidance
CEO John Fieldly has not publicly provided specific multi-year revenue targets through 2030. Management has emphasized strong organic growth momentum in the core CELSIUS brand, with Q1 2026 showing 138% YoY revenue growth to $783M. Company guidance focuses on margin expansion, international expansion, and leveraging PepsiCo distribution rather than explicit revenue dollar targets for outer years.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
CELH · Celsius Holdings Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$31.93
NPV today: $23.07
Base case (2030)
$31.93
NPV today: $23.07
Bull case (2030)
$87.74
NPV today: $63.41
WallStSmart.com
CELH financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $2.5B | $3.6B | $4.5B | $5.5B | $6.3B | $7.2B |
| Revenue growth | 85.5% | 44.8% | 23.8% | 21.2% | 15.9% | 13.7% |
| Net margin | — | 12.1% | 12.8% | 13.4% | 13.6% | 13.7% |
| EPS | $0.22 | $1.72 | $2.25 | $2.85 | $3.35 | $3.82 |
| Diluted shares | — | 256M | 257M | 258M | 258M | 259M |
| Net debt | — | $-91.46M | $-273.46M | $-494.12M | $-749.81M | $-1.04B |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $14.59 | $18.64 | $23.18 | $27.50 | $31.93 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $7.2B | $7.2B | $7.2B |
| P/S multiple | 1.0x | 1.0x | 3.0x |
| Diluted shares | 259M | 259M | 259M |
| Net debt | $-1.04B | $-1.04B | $-1.04B |
| Implied P/E † | 8x | 8x | 23x |
| 2030 Price | $31.93 | $31.93 | $87.74 |
| NPV @ 7% | $23.07 | $23.07 | $63.41 |
† Implied P/E: Multiples remain elevated across all three scenarios because CELH is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $31.93 base case
CELH catalysts and risks
Growth catalysts
+ PepsiCo distribution expansion into convenience stores and new channels (primary near-term driver)
+ International market penetration (currently ~15-20% of revenue; expansion to Europe, Asia, Latin America)
+ Integration and operational leverage from Alani Nu and Rockstar Energy acquisitions (lower-margin but high-volume distribution)
+ Market share gains in U.S. energy drink category (currently ~20.9% share; TAM growing 10-12% annually)
+ Margin recovery as acquisition synergies and manufacturing scale materialize
Key risks
- Competitive intensity from PepsiCo (Mtn Dew Energy), Coca-Cola (AMP Energy expansion), and Red Bull maintaining dominance
- Deceleration in core CELSIUS brand growth (early signals of shelf-reset headwinds in Q1 2026)
- High leverage from acquisitions ($2.43B LT debt post-Alani Nu/Rockstar); limited financial flexibility
- Input cost inflation (aluminum, freight) compressing gross margins (Q1 2026 margin ~48% vs. 50% prior year)
- Consumer discretionary weakness if macroeconomic conditions deteriorate; GLP-1 adoption reducing beverage consumption
- Integration execution risk on acquired brands; Rockstar showing negative growth trajectory
Methodology · Celsius Holdings Inc 2030 stock forecast model
Celsius Holdings Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 24 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for CELH by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-1.04B by 2030) |
| 3. Time value | NPV calculated using 7% WACC (CAPM: beta 0.511) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 3.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
CELH price target FAQ
What is the CELH price target for 2030?
WallStSmart's Celsius Holdings Inc 2030 base case is $31.93 per share, with a bull case of $87.74 and bear case of $31.93. The NPV of the base case discounted to today at 7% WACC is $23.07.
How is the Celsius Holdings Inc 2030 stock forecast calculated?
The CELH 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the CELH price target account for dilution?
Celsius Holdings Inc is projected to grow diluted share count from 256M to 259M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on CELH stock?
24 analysts cover CELH with an average 12-month price target of $63.89. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.