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MNST

Monster Beverage Corp

NASDAQ: MNST · CONSUMER DEFENSIVE · BEVERAGES - NON-ALCOHOLIC

$77.07
+0.23% today

Updated 2026-04-30

Market cap
$75.37B
P/E ratio
39.73
P/S ratio
9.09x
EPS (TTM)
$1.94
Dividend yield
—
52W range
$58 – $87
Volume
5.5M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Monster Beverage Corp (MNST) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$77.07
Consensus
$80.19
+4.05%
2030 Target
$159.21
+106.58%
DCF
$277.21
+70.86% MoS
28 analysts:
9 Buy6 Hold2 Sell

Management guidance

No specific CEO revenue targets for 2026-2030 found in available earnings calls or investor day materials. Management has emphasized continued international expansion, zero-sugar product innovation, and leveraging the Coca-Cola distribution partnership as growth drivers, but has not issued quantified revenue guidance beyond fiscal 2026.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$260.53
$12.8B Rev × 20x P/S
Base case (2030)
$159.21
$12.8B Rev × 12x P/S
Bear case (2030)
$101.32
$12.8B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$7.1B$7.5B$8.3B$9.4B$10.2B$11.0B$11.9B$12.8B
Revenue growth—4.9%10.7%13.4%8.6%7.9%7.8%7.7%
EPS$1.58$1.49$1.96$2.32$2.61$2.88$3.16$3.47
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$115.79$123.03$137.50$144.74$159.21

Catalysts & risks

Growth catalysts
+ Zero-sugar product line expansion and innovation driving margin-accretive growth
+ International expansion, particularly in Europe and Asia-Pacific markets showing acceleration
+ Strategic Coca-Cola partnership strengthening distribution and market access globally
+ Energy drink category secular tailwinds with MNST holding ~30%+ market share
+ Functional beverage trend adoption and adjacent category expansion
+ Operating leverage from scale and manufacturing efficiency improvements
Key risks
- Rising aluminum and commodity input costs pressuring gross margins
- Increased competition from Celsius, prime Energy, and legacy beverage giants' energy drink lines
- Regulatory headwinds on energy drink marketing and ingredient restrictions
- Foreign exchange volatility impacting international revenue conversion
- Consumer health trends against high-caffeine products could decelerate demand
- Costco and private label energy drink entries threatening market share

Methodology

Monster Beverage Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 28 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.