Monster Beverage stock faces a lower Wells Fargo target

Published on 10/06/2026 at 18:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo cut its Monster Beverage target to USD 48.00 on October 5, 2026, while keeping Overweight. Second-quarter sales rose 20.2 percent to USD 2.54 billion.

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Monster Beverage stock (ISIN US61174X1090) was trading at USD 43.20 on Nasdaq on October 6, 2026 at 12:24 p.m. ET, down 0.70 percent from USD 43.51. The latest analyst action points to a more cautious valuation view while the company enters its next reporting cycle with double-digit sales growth.

Wells Fargo cuts its target

According to MarketBeat on October 5, 2026, Wells Fargo lowered its Monster Beverage price target from USD 53.00 to USD 48.00 and kept an Overweight rating. The revised target sits 11.1 percent above the October 6 intraday price, using the USD 43.20 Nasdaq quote.

The same report placed the broader analyst view at Moderate Buy, based on 13 Buy ratings and nine Hold ratings, with an average target of USD 50.10. That consensus target stands 16.0 percent above the current Nasdaq price, leaving a wider gap than the Wells Fargo target.

Second-quarter sales rose 20.2 percent

Monster's latest reported quarter was Q2 2026, ended June 30, 2026. In the earnings-call transcript published by Yahoo Finance, management reported net sales of USD 2.54 billion, up 20.2 percent from USD 2.11 billion in Q2 2025.

GAAP net income increased 19.6 percent to USD 584.5 million from USD 488.8 million. Adjusted diluted EPS rose 15.2 percent to USD 0.60 from USD 0.52, while the reported gross margin reached 55.9 percent compared with 55.7 percent a year earlier.

International growth changes the mix

International sales were a major growth engine in Q2 2026. Sales outside the United States increased 34.6 percent to USD 1.16 billion, lifting their share of total sales to 46 percent from 41 percent in the prior-year quarter, according to the Yahoo Finance transcript.

The mix also carries a margin tradeoff. EMEA gross profit margin was 38.8 percent in Q2 2026 versus 36.1 percent in Q2 2025, while management said aluminum costs should increase modestly through the end of 2026.

Next results arrive in November

Yahoo Finance lists November 5, 2026 as the next earnings date. That date gives investors a concrete checkpoint for testing whether international growth, pricing actions and higher input costs are changing the earnings profile after the Q2 performance.

Stock remains below its yearly high

Monster Beverage stock was trading at USD 43.20 on Nasdaq on October 6, 2026 at 12:24 p.m. ET, 13.9 percent below its 52-week high of USD 50.17 and above its 52-week low of USD 32.94. The market capitalization was USD 84.5 billion on the same date.