Monster Beverage Leverages Functional, Zero-Sugar Innovations To Capture Energy Drink Market Growth
1. Monster Beverage reported Q2 sales of $2.11 billion, up 11.1%. 2. Goldman Sachs raised MNST's price forecast from $72 to $73. 3. The company experienced strong topline growth despite aluminum cost concerns. 4. New product innovations and international expansion are driving future growth. 5. Analyst expects positive EPS revisions for FY2025 and FY2026.