Wells Fargo Raises Monster Beverage (MNST) Price Target to $50
Key Points
- Wells Fargo increased its price target on Monster Beverage from $48 to $50 while keeping its Overweight rating on October 26, 2026.
- Wells Fargo's $50 price target implies 8.25% upside from Monster Beverage Corporation's ($MNST) current $46.19 share price.
- The stock closed at $46.22 on the same day, which is about equal to its recent trading price of $46.19.
- Monster Beverage has a market cap of about $90.5 billion and is expected to report earnings on November 5, 2026.
Get Monster Beverage text alerts
We text you when insiders, Congress, analysts or big funds move on $MNST.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Monster Beverage Corporation alert may contain errors. Disclosures
On October 26, 2026, Wells Fargo raised its price target on Monster Beverage Corporation (MNST) to $50 from $48, while maintaining an Overweight rating. This update came on the same day as the stock closed at $46.22, a price that is about equal to its recent trading level of $46.19.
MNST
Monster Beverage Corporation
Wells Fargo vs. the S&P 500
Hypothetical returns from Wells Fargo's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in Monster Beverage Corporation
Badgley Phelps Wealth Managers grew its holdings by 28,340 shares, ending with 82,996 shares worth about $3.45 million. In contrast, AllianceBernstein L.P. reduced its stake by 3,478,980 shares, leaving it with 54,120,032 shares valued at approximately $2.50 billion. Similarly, Loomis Sayles & Co L P cut its position by 2,113,941 shares, resulting in 49,698,350 shares worth about $2.30 billion.
Monster Beverage Corporation Stock Down 2.3%
The stock recently closed at $46.22, which is about 7.9% below its 52-week high of $50.17. However, it is trading above both its 50-day moving average by about 3% and its 200-day moving average by around 7.7%. This performance suggests a solid position in the current market environment.
$MNST price target
Monster Beverage Corporation daily closes and this analyst's $50 target. Not advice.
Recent Earnings
Monster Beverage reported trailing twelve-month revenue of approximately $9.22 billion, reflecting a year-over-year growth of 20.2%. The company has an earnings per share (EPS) of $1.08 and a net margin of 23.1%. The next earnings report is scheduled for November 5, 2026.
Insider Buying and Selling at Monster Beverage Corporation
Several insiders sold shares earlier this year, including Chief Financial Officer Thomas J. Kelly, who sold 7,000 shares at an average price of $87.81 for a total value of about $614,670 on May 13, 2026. Officer Emelie Tirre sold 98,700 shares on May 14, 2026, valued at approximately $8.48 million, while Director Mark J. Hall sold 54,000 shares at $85.81 for about $4.63 million on the same day. Additionally, Officer Guy Carling sold 19,000 shares at an average price of $90.90 on June 10, 2026, worth about $1.73 million.
Analysts Set New Price Targets
On October 26, 2026, Wells Fargo maintained its Overweight rating on Monster Beverage while raising its price target to $50 from $48. The consensus from analysts shows a mean price target of about $49.78 based on 23 opinions, with a recommendation key of buy.
About Monster Beverage Corporation
Monster Beverage Corporation is based in Corona, California, and focuses on the development, marketing, sale, and distribution of energy drink beverages. The company operates through four segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other. This price target adjustment by Wells Fargo reflects confidence in the company's robust performance in the energy drink market.
Bottom Line
Investors should keep an eye on Monster Beverage's upcoming earnings report on November 5, 2026, as well as any further updates from analysts. With Wells Fargo's recent target increase, the stock may continue to attract attention in the consumer defensive sector.
Related Filing Alerts
Source: Wells Fargo's rating change on $MNST (Oct 26, 2026). Written by software, not financial advice. How we make alerts