Monster Beverage stock gains 1.33 percent as Wells Fargo cuts target

Published on 10/05/2026 at 21:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Monster Beverage stock traded at USD 43.51 on October 5, 2026, after Wells Fargo cut its target to USD 48.00. Q2 revenue reached USD 2.54 billion.

Bauhaus-Poster mit geometrischen Formen in Rot Gelb Blau und dem Wort Beverage — Geometrisches Bauhaus-Poster mit Sektor-Text symbolisiert die Branche von Monster Beverage, ISIN US61174X1090, Getränke, Illustration mit AI erstellt.

Monster Beverage (ISIN US61174X1090) was trading at USD 43.51 on Nasdaq at 3:49 p.m. ET on October 5, 2026, up 1.33 percent from the prior close. The move followed a Wells Fargo price-target cut from USD 53.00 to USD 48.00, while the bank kept its Overweight rating, MarketBeat reported on October 5, 2026.

Wells Fargo lowers its target

The revised USD 48.00 target lies 10.32 percent above Monster Beverage's USD 43.51 intraday price. That gap is narrower than the 11.71 percent upside Wells Fargo cited against the prior close of USD 42.94, showing how the session advance changed the immediate valuation reference.

The cut is a more cautious signal than the rating label. It lowers the target by USD 5.00, or 9.43 percent, even as Monster Beverage stock traded higher during the Nasdaq session.

Q2 revenue reached USD 2.54 billion

Monster Beverage's Q2 2026 revenue was USD 2.54 billion, up 20.2 percent from USD 2.11 billion in Q2 2025, while net income rose to USD 584.5 million from USD 488.8 million. The quarterly figures were reported by Simply Wall St for the period ended June 30, 2026.

The same Q2 report put earnings per share at USD 0.60, up from USD 0.50 a year earlier, and net profit margin at 23 percent. Revenue exceeded analyst estimates by 4.5 percent, making sales growth the clearest counterweight to the lower Wells Fargo valuation.

Consensus remains above the stock

MarketBeat lists a Moderate Buy consensus from 22 analysts, with 13 Buy ratings and nine Hold ratings and an average price target of USD 50.10. That consensus target lies 15.15 percent above the USD 43.51 Nasdaq price, leaving a wider gap than Wells Fargo's new target.

Monster Beverage therefore enters the next reporting checkpoint with two competing signals: Q2 revenue growth of 20.2 percent and a fresh reduction in one major bank's target. The company is scheduled to publish Q3 2026 results on October 29, 2026, according to the Wall Street Journal.

Stock holds above USD 43

Monster Beverage stock was trading at USD 43.51 on Nasdaq on October 5, 2026, with a session range of USD 42.71 to USD 43.64. Its 52-week range was USD 32.94 to USD 50.17, while market capitalization stood at USD 85.1 billion.