Wells Fargo cuts target for Monster Beverage stock to USD 48.00
Published on 10/06/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Monster Beverage (ISIN US61174X1090) was trading at EUR 38.96 at Lang & Schwarz on October 6, 2026 at 9:12 a.m. CEST, up 1.04 percent versus the prior close of EUR 38.56. According to Futu News on October 5, 2026, Wells Fargo maintained its Buy rating but cut the target from USD 52.50 to USD 48.00.
Target cut tests the valuation
The analyst action puts a specific number on the valuation debate. A USD 48.00 target is 8.57 percent below the previous USD 52.50 target, while the rating remains positive.
The change follows a leadership transition in Monster's Americas business. In its September 25, 2026 filing, the SEC filing said Rob Gehring plans to resign as CEO Americas effective November 30, 2026, and Emelie C. Tirre will assume responsibility for the Americas and Caribbean on an interim basis from December 1, 2026.
Second-quarter growth stays broad
Monster's latest reported quarter provides a stronger operating counterpoint. In the second quarter of 2026, net sales reached USD 2.54 billion, up 20.20 percent from USD 2.11 billion in the second quarter of 2025, according to Yahoo Finance. Gross margin improved to 55.90 percent from 55.70 percent, while net income rose to USD 584.54 million from USD 488.79 million.
International sales were another growth engine in the same quarter, increasing 34.60 percent to USD 1.16 billion from USD 864.20 million. The company also reported that its Monster brand family gained 70 basis points of value market share in the United States versus the prior-year quarter.
Results date adds a near-term marker
The next scheduled test arrives on October 29, 2026, when Monster is expected to report third-quarter results, according to The Wall Street Journal. For investors, the key comparison will be whether international growth and margin expansion continue to offset aluminum, freight and marketing costs.
Monster Beverage stock holds above its prior close
Monster Beverage stock was trading at EUR 38.96 at Lang & Schwarz on October 6, 2026 at 9:12 a.m. CEST, up 1.04 percent versus the Lang & Schwarz prior close of EUR 38.56 on October 5, 2026. The primary Nasdaq listing had a market capitalization of USD 85.1 billion as of October 5, 2026, with a 52-week range of USD 32.94 to USD 50.17.
The further course of trading is shown by the continuously updated real-time quote of Monster Beverage stock.
Monster Beverage stock facts
- Company: Monster Beverage Corporation
- ISIN: US61174X1090
- Ticker: MNST
- Primary exchange: Nasdaq Global Select Market
- Price Lang & Schwarz as of October 6, 2026, 9:12 a.m. CEST: EUR 38.96
- Change versus prior close: plus 1.04 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 38.56
- Market capitalization: USD 85.1 billion as of October 5, 2026
- 52-week range: USD 32.94-50.17 as of October 5, 2026
- Sector / Industry: Consumer Defensive / Beverages - Non-Alcoholic
- Index membership: Nasdaq 100
- Next earnings date: October 29, 2026
