Monster Beverage (MNST) stock forecast for 2024

The forecast has been updated: February 2, 2023 9:02


Monster Beverage stock price online today

Analyst Target Price

108.06

Dividend Date

-

Ex Dividend Date

-

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Monster Beverage stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Monster Beverage stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $108.06 target price for Monster Beverage stock stock.

Today 200 Day Moving Average is the support level (93.34 $).

50 Day Moving Average is the support level (101.48 $).




MNST Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 104.07 101.49 109.81 7.58 %
Feb 102.90 99.45 107.84 7.79 %
Mar 102.66 99.78 105.61 5.52 %
Apr 108.49 105.36 110.92 5.01 %
May 108.66 106.40 112.05 5.04 %
Jun 110.14 107.32 116.84 8.14 %
Jul 113.58 108.76 119.66 9.11 %
Aug 113.67 111.48 120.49 7.47 %
Sep 122.76 118.14 129.44 8.73 %
Oct 123.35 118.51 129.86 8.74 %
Nov 116.24 110.66 121.73 9.09 %
Dec 117.64 114.06 120.18 5.09 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Monster Beverage stock.


Monster Beverage overview

Monster Beverage Address

1 MONSTER WAY, CORONA, CA, US

Market Capitalization

54 321 885 000 $

EBITDA

1 666 890 000

PE Ratio

46.45

PEG Ratio

3.395

Dividend Per Share

0

Dividend Yield

0

EPS

2.24

Quarterly Earnings Growth YOY

-0.048

Quarterly Revenue Growth YOY

0.152

Trailing PE

46.45

Forward PE

32.79

EV To Revenue

7.97

EV To EBITDA

29.84

52 Week High

104.75

52 Week Low

71.78

50 Day Moving Average

101.48

200 Day Moving Average

93.34

Shares Outstanding

522125000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Monster Beverage stock forecast for this year


Monster Beverage stock forecast for Jan 2024.
Estimated Average Forecasted Monster Beverage Price: 104.07. Negative monthly dynamics of the instrument is expected with 7.582% volatility is expected.

Pessimistic forecast: 101.49

Optimistic: 109.81


Monster Beverage stock forecast for Feb 2024.
Estimated Average Forecasted Monster Beverage Price: 102.90. Negative monthly dynamics of the instrument is expected with 7.786% volatility is expected.

Pessimistic forecast: 99.45

Optimistic: 107.84


Monster Beverage stock forecast for Mar 2024.
Estimated Average Forecasted Monster Beverage Price: 102.66. Negative monthly dynamics of the instrument is expected with 5.521% volatility is expected.

Pessimistic forecast: 99.78

Optimistic: 105.61


Monster Beverage stock forecast for Apr 2024.
Estimated Average Forecasted Monster Beverage Price: 108.49. Positive monthly dynamics of the instrument is expected with 5.008% volatility is expected.

Pessimistic forecast: 105.36

Optimistic: 110.92


Monster Beverage stock forecast for May 2024.
Estimated Average Forecasted Monster Beverage Price: 108.66. Positive monthly dynamics of the instrument is expected with 5.042% volatility is expected.

Pessimistic forecast: 106.40

Optimistic: 112.05


Monster Beverage stock forecast for Jun 2024.
Estimated Average Forecasted Monster Beverage Price: 110.14. Positive monthly dynamics of the instrument is expected with 8.145% volatility is expected.

Pessimistic forecast: 107.32

Optimistic: 116.84


Monster Beverage stock forecast for Jul 2024.
Estimated Average Forecasted Monster Beverage Price: 113.58. Positive monthly dynamics of the instrument is expected with 9.111% volatility is expected.

Pessimistic forecast: 108.76

Optimistic: 119.66


Monster Beverage stock forecast for Aug 2024.
Estimated Average Forecasted Monster Beverage Price: 113.67. Positive monthly dynamics of the instrument is expected with 7.471% volatility is expected.

Pessimistic forecast: 111.48

Optimistic: 120.49


Monster Beverage stock forecast for Sep 2024.
Estimated Average Forecasted Monster Beverage Price: 122.76. Positive monthly dynamics of the instrument is expected with 8.725% volatility is expected.

Pessimistic forecast: 118.14

Optimistic: 129.44


Monster Beverage stock forecast for Oct 2024.
Estimated Average Forecasted Monster Beverage Price: 123.35. Positive monthly dynamics of the instrument is expected with 8.739% volatility is expected.

Pessimistic forecast: 118.51

Optimistic: 129.86


Monster Beverage stock forecast for Nov 2024.
Estimated Average Forecasted Monster Beverage Price: 116.24. Negative monthly dynamics of the instrument is expected with 9.091% volatility is expected.

Pessimistic forecast: 110.66

Optimistic: 121.73


Monster Beverage stock forecast for Dec 2024.
Estimated Average Forecasted Monster Beverage Price: 117.64. Positive monthly dynamics of the instrument is expected with 5.091% volatility is expected.

Pessimistic forecast: 114.06

Optimistic: 120.18



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