Monster Beverage Corporation (MNST) Sees Positive Outlook from Goldman Sachs

• Goldman Sachs sets a price target of $67 for NASDAQ:MNST, indicating a potential increase of approximately 6.57%.
• MNST upgraded to a Zacks Rank #2 (Buy) due to an optimistic earnings outlook.
• The company's market capitalization stands at approximately $61.31 billion, with a trading volume of 3,812,325 shares.

Monster Beverage Corporation, listed on NASDAQ as MNST, is a leading player in the energy drink market. Known for its popular energy drinks, the company competes with other major brands like Red Bull and Rockstar. On May 22, 2025, Bonnie Herzog from Goldman Sachs set a price target of $67 for NASDAQ:MNST, suggesting a potential price increase of approximately 6.57% from its current price of $62.87. Goldman Sachs considers Monster Beverage "one of the most attractive stories in Staples."

The positive outlook for MNST is further supported by its recent upgrade to a Zacks Rank #2 (Buy). This upgrade reflects growing optimism about the company's earnings prospects. The Zacks rating system, which focuses on changes in a company's earnings picture, indicates that the upward trend in earnings estimates is a significant factor in this upgrade. This development could lead to higher stock prices for Monster Beverage as investors respond to the improved earnings outlook.

Currently, MNST is trading at $62.87, reflecting a slight decrease of 0.23, or -0.36%. Despite this minor dip, the stock has shown resilience, fluctuating between a low of $62.48 and a high of $63.22 today. Over the past year, MNST has reached a high of $63.49 and a low of $43.32, demonstrating its potential for growth.

Monster Beverage's market capitalization stands at approximately $61.31 billion, highlighting its significant presence in the industry. With a trading volume of 3,812,325 shares today, investor interest in MNST remains strong. As the company continues to improve its earnings outlook, it is likely to attract more attention from investors, potentially driving the stock price closer to the $67 target set by Goldman Sachs.