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CELH
Benzinga
8 days

Celsius Stock Hits 52-Week High After Blowout Q2 Earnings

1. CELH shares hit a new 52-week high after strong Q2 results. 2. Adjusted earnings soared to 47 cents, exceeding 23 cents forecast. 3. Company revenue increased 84% to $739.26 million, fueled by Alani Nu acquisition. 4. Analysts raised price targets, confirming confidence in CELH's growth potential. 5. Benzinga Edge rankings highlight strong momentum and growth scores for CELH.

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FAQ

Why Very Bullish?

The impressive earnings report and analyst upgrades enhance investor confidence significantly, historically leading to stock price increases.

How important is it?

Strong earnings and analyst support indicate a positive outlook for CELH and potential price appreciation.

Why Long Term?

Sustained growth and impressive financials suggest ongoing performance improvements and investor interest over time.

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