Monster Beverage ve 2. čtvrtletí zvýšila čisté tržby segmentu Monster Energy Drinks o 21,6 % na 2,36 miliardy USD, tažené růstem prodejů energy drinků.
Key Takeaways Monster Beverage's energy drink case sales jumped, driving 21.6% net sales growth in its core segment.Ultra and Juice Monster posted strong U.S. growth as new products expanded Monster's consumer reach.International expansion and pricing actions support growth, while EPS estimates have recently declined. Monster Beverage Corporation (MNST - Free Report) continues to benefit from the sustained expansion of the global energy drinks category and its steady cadence of product innovations. Robust consumer demand across key markets has supported strong momentum in MNST’s core energy portfolio. With category trends remaining favorable worldwide, the company is well-positioned to maintain its growth trajectory and continue gaining market share.
In the second quarter of 2026, energy drink case sales increased to 304.9 million, 192-ounce case equivalents, from 249.3 million a year ago. The Monster Energy Drinks segment’s net sales increased 21.6% year over year to $2.36 billion. International expansion, operational efficiency and product innovation are driving the company's overall performance.
Product launches remain central to Monster Beverage’s strategy to increase consumer reach and strengthen its portfolio. In the second quarter of 2026, management highlighted continued growth from Ultra, Juice Monster and innovation across Ultra, Reign and Bang brand families. The Ultra brand family grew 19% year over year in the United States, while Juice Monster grew 26%. Management also noted that innovation contributed to second-quarter sales growth and that FLRT and Storm marketing efforts were being expanded. A broader portfolio across zero-sugar, full-sugar, wellness and affordable offerings allows Monster Beverage to target additional consumers and usage occasions.
Management said staggered 2026 launches improved execution, while limited-time offerings performed well. The company also continues to expand zero-sugar products, food-service distribution and affordable energy brands in international markets. July sales, excluding Alcohol Brands, were estimated to be 14.3% above the prior-year period, providing an early read on continued sales momentum. Management has initiated discussions with U.S. partners and customers regarding selective pricing actions expected to take effect in the fourth quarter. In EMEA, Monster Beverage has already implemented aggregate low-single-digit pricing in certain markets and is considering additional increases elsewhere.
At its core, Monster Beverage will continue to benefit from steady growth in the global energy drink market, supported by strong demand across convenience stores and other key retail channels. Its efforts to advance innovation, expand its international presence and enhance operational efficiency are expected to further strengthen its performance.
MNST’s Price Performance, Valuation and EstimatesShares of Monster Beverage have gained 15.6% in the past six months compared with the industry’s growth of 4%.
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From a valuation standpoint, MNST trades at a forward price-to-earnings ratio of 38.71X compared with the industry’s average of 19.83X.
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The Zacks Consensus Estimate for MNST’s 2026 and 2027 EPS indicates year-over-year growth of 7.8% and 14.3%, respectively. The company’s EPS estimates for 2026 and 2027 have dipped in the past 30 days.
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Monster Beverage currently carries a Zacks Rank #3 (Hold).
Stocks to Consider in the Consumer Staples SpaceThe Chefs' Warehouse, Inc. (CHEF - Free Report) , which is a distributor of specialty food products in the United States, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Chefs' Warehouse's current financial-year sales indicates growth of 10.6% from the prior-year level. CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Darling Ingredients Inc. (DAR - Free Report) , which produces sustainable natural ingredients derived from edible and inedible bio-nutrients, currently sports a Zacks Rank of 1.
The consensus estimate for Darling Ingredients’ current financial-year sales is expected to rise 11.5% from the year-ago reported figure. DAR delivered a trailing four-quarter earnings surprise of 38.9%, on average.
Utz Brands, Inc. (UTZ - Free Report) , which is a leading manufacturer of a diverse portfolio of salty snacks, currently carries a Zacks Rank #2 (Buy). UTZ delivered a trailing four-quarter earnings surprise of 1.8%, on average.
The Zacks Consensus Estimate for UTZ’s current financial-year sales indicates a jump of 3.7% from the year-ago number.
Coca-Cola ve 2. čtvrtletí 2026 zvýšila objem značky Coca-Cola o 5 %, což je nejsilnější růst za 17 let mimo období po covidu. Fairlife vzrostla o 18 %.
Key Takeaways Coca-Cola is adapting to shifting tastes with growth across flagship, hydration, dairy and juice brands.Trademark Coca-Cola volume rose 5% in Q2'26, its strongest growth in 17 years, excluding COVID recovery.Fairlife grew 18% in Q2 as capacity ramped, while Coca-Cola Zero Zero expanded globally after Europe gains. The Coca-Cola Company (KO - Free Report) continues to adapt its beverage portfolio as consumer preferences evolve, reducing the risk that changing tastes could materially undermine its core business. While management does not specifically identify health-conscious consumption as a threat, Coca-Cola emphasizes its ability to respond quickly to changing consumer needs and remain relevant across different drinking occasions.
Recent performance suggests that the company’s traditional brands continue to hold consumer appeal. Trademark Coca-Cola volume grew 5% in the second quarter of 2026, marking its strongest growth in 17 years, excluding the COVID recovery period. At the same time, Powerade volume increased 8% globally.
Coca-Cola is also broadening participation across beverage categories. In North America, volume growth was supported by several brands beyond traditional sparkling beverages, including fairlife, Powerade, Gold Peak, smartwater and Simply. This breadth underscores Coca-Cola’s ability to participate across different beverage categories and consumption occasions rather than relying solely on its flagship carbonated brands.
Fairlife remains an important part of this diversification. The brand grew 18% in the second quarter, with demand remaining strong as Coca-Cola continued ramping up capacity at its Webster facility. The company is currently prioritizing availability of its core fairlife products, while additional innovation is expected as production flexibility improves.
The company is simultaneously extending existing brands into new occasions. Coca-Cola Zero Zero is being expanded globally following encouraging initial performance in Europe, highlighting efforts to keep the trademark relevant across more occasions and consumer needs.
Overall, Coca-Cola appears well-positioned to respond to evolving beverage preferences through portfolio breadth and innovation. Taken together, growth across flagship and diversified beverage brands suggests that the company is addressing shifting demand without relying on a single category.
How Consumer Health Trends Are Working for Peers: PEP & MNSTPepsiCo Inc. (PEP - Free Report) and Monster Beverage Corporation (MNST - Free Report) are also reshaping their portfolios and innovation strategies to capture evolving consumer demand for beverages aligned with health, wellness and functional benefits.
PepsiCo is navigating shifting consumer health preferences by expanding functional, zero-sugar and permissible offerings across beverages and snacks. Gatorade Lower Sugar, Propel, Pepsi Zero Sugar and other better-for-you products performed well, while the company is adding protein, fiber and simpler-ingredient options. Still, North America beverage volumes remained subdued, showing that portfolio evolution has not fully offset broader category softness. PepsiCo plans continued innovation and investment to align with changing demand.
Monster Beverage is adapting well to shifting consumer health preferences, with zero-sugar products emerging as a major growth engine. Its zero-sugar portfolio remained a significant contributor to U.S. growth, while the Ultra family grew 19% in the second quarter. In Europe, zero sugar accounted for most category growth, and Monster led the segment. The company is also using smaller can sizes and innovation to attract broader, younger and female consumers.
Zacks Rundown for Coca-ColaKO shares have rallied 11.8% in the past three months compared with the industry’s o 5.7% growth.
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From a valuation standpoint, Coca-Cola is trading at a forward price-to-earnings ratio of 26.47X, higher than the industry’s 20.05X.
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The Zacks Consensus Estimate for KO’s 2026 and 2027 earnings implies year-over-year growth of 9.7% and 7.1%, respectively. Earnings estimates for 2026 and 2027 have moved up 0.92% and 1.1% in the past 30 days.
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Coca-Cola currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Monster Energy ve 2. čtvrtletí zvýšil tržby o 21,6 % na 2,36 mld. USD a zůstává hlavním růstovým motorem MNST. Celkové tržby firmy vzrostly o 20,2 % na 2,54 mld. USD.
Key Takeaways MNST's Monster Energy Drinks sales rose 21.6% to $2.36B in Q2, reinforcing its role as the growth engine.Zero-sugar demand, new flavors and broader distribution attract consumers and expand usage occasions.KO bottler partnerships and emerging-market expansion offer runway, but higher costs may pressure margins. Monster Beverage Corporation’s (MNST - Free Report) core energy-drink business remains the primary engine of its growth story, supported by resilient category demand, product innovation and expanding global distribution. The company continues to benefit from rising household penetration in the energy-drink category, while its focus on zero-sugar offerings, new flavors and broader consumption occasions is helping attract new consumers. At the same time, deeper collaboration with Coca-Cola bottling partners is improving availability and retail execution across key markets, strengthening the long-term growth prospects of the Monster Energy Drinks segment.
The Monster Energy Drinks segment delivered an impressive performance in the second quarter of 2026, with net sales rising 21.6% year over year to $2.36 billion from $1.94 billion. On a foreign-currency-adjusted basis, segment sales increased 19.3%. Overall company net sales advanced 20.2% to $2.54 billion, while foreign-currency-adjusted sales climbed 17.9%. The strong top-line momentum translated into a 17.2% increase in operating income to $740.4 million, while earnings per share increased 19% to $0.59.
Growth in the core segment is being reinforced by healthy brand momentum and a steady stream of innovation. Monster Beverage’s zero-sugar portfolio remains an important growth driver, with the Ultra family benefiting from strong consumer demand and broader distribution. Juice Monster also continues to contribute to the full-sugar portfolio, while limited-time offerings and newer brands are helping the company recruit consumers and expand usage occasions. Management is also sharpening its retail execution through improved shelf presence, cooler placements and package availability, which should support the segment’s ability to gain share over time.
The outlook for the Monster Energy Drinks segment remains favorable, particularly as international markets, foodservice and on-premise channels provide additional runway. Partnerships with Coca-Cola bottlers and customers such as Marriott could broaden distribution, while expansion in emerging markets offers another avenue for growth. However, higher aluminum, freight, fuel and marketing costs remain key challenges and could pressure profitability despite selective pricing actions. Even so, sustained category growth, continued innovation and increasing global penetration suggest that the Monster Energy Drinks segment is well positioned to remain MNST’s principal growth driver.
MNST’s Zacks Rank & Share Price PerformanceShares of this Zacks Rank #3 (Hold) company have appreciated 42.3% in the past year, outperforming the Zacks Beverages - Soft Drinks industry and the broader Consumer Staples sector’s rise of 16.5% and 1.6%, respectively.
MNST Stock's One-Year Performance
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Is MNST a Value Play Stock?Monster Beverage shares are currently trading at a forward 12-month price-to-earnings (P/E) multiple of 37.78X, significantly above the industry’s average of 19.65X.
MNST P/E Ratio (Forward 12 Months)
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Stocks to ConsiderVita Coco Company (COCO - Free Report) is a global beverage company best known for its Vita Coco coconut water brand, with a diversified portfolio spanning coconut-based products, plant-based alternatives, functional drinks and private-label offerings across retail, e-commerce and foodservice channels. COCO currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Vita Coco’s 2026 sales and earnings indicates growth of 31.6% and 64.7%, respectively, from the year-ago reported numbers. The company delivered a trailing four-quarter earnings surprise of 21.9%, on average.
The Coca-Cola Company (KO - Free Report) is a leading beverage company with a portfolio of 32 billion-dollar brands spanning sparkling beverages, water, sports drinks, dairy and value-added beverages. KO currently carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Coca-Cola’s current fiscal-year sales and earnings implies growth of 4.03% and 9.7%, respectively, from the year-ago reported figures. Coca-Cola delivered a trailing four-quarter earnings surprise of 4.6%, on average.
Primo Brands Corporation (PRMB - Free Report) is a leading North American branded beverage company focused on healthy hydration. It currently has a Zacks Rank #2.
The Zacks Consensus Estimate for Primo Brands’ current fiscal-year sales and earnings implies growth of 2.6% and 1.5%, respectively, from the prior year’s reported levels. PRMB delivered a trailing four-quarter earnings surprise of 7.7%, on average.
Monster Beverage zveřejnila výsledky hospodaření za 2. čtvrtletí 2026. V úvodu hovoru vedení uvedlo, že bude mluvit o tržbách, ziskovosti, budoucím byznysu, budoucích událostech, finanční výkonnosti a trendech.
Hilton Schlosberg - CEO & Vice Chairman
Mark Astrachan - SVP of Investor Relations & Corporate Development
Rob Gehring - Chief Executive Officer for Americas
Guy Carling - Chief Executive Officer for EMEA & OSP
Conference Call Participants
Kaumil Gajrawala - Jefferies LLC, Research Division
Kevin Grundy - BNP Paribas, Research Division
Filippo Falorni - Citigroup Inc., Research Division
Dara Mohsenian - Morgan Stanley, Research Division
Robert Ottenstein - Evercore ISI Institutional Equities, Research Division
Bonnie Herzog - Goldman Sachs Group, Inc., Research Division
Christopher Carey - Wells Fargo Securities, LLC, Research Division
Presentation
Operator
Good day, and welcome to the Monster Beverage Corporation Second Quarter 2026 Financial Results Conference Call. [Operator Instructions] Please note that this event is being recorded.
I would now like to turn the conference over to Hilton Schlosberg, CEO. Please go ahead.
Hilton Schlosberg
CEO & Vice Chairman
Good afternoon, ladies and gentlemen. Thank you for attending this call. I'm Hilton Schlosberg, Vice Chairman and Chief Executive Officer; also on the call are Tom Kelly, our Chief Financial Officer; Rob Gehring, our CEO of the Americas; Guy Carling, our CEO of EMEA and OSP; Mike Rodriguez, our COO; and Emelie Tirre, our Chief Strategy Officer.
Mark Astrachan, our SVP of Investor Relations and Corporate Development, will now read our cautionary statement.
Mark Astrachan
SVP of Investor Relations & Corporate Development
Before we begin, I would like to remind listeners that certain statements made during this call may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are based on currently available information regarding the expectations of management with respect to revenues, profitability, future business, future events, financial performance and trends, management cautions that these statements
Monster Beverage (MNST - Free Report) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.70%. A quarter ago, it was expected that this energy drink maker would post earnings of $0.53 per share when it actually produced earnings of $0.58, delivering a surprise of +9.43%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Monster Beverage, which belongs to the Zacks Beverages - Soft drinks industry, posted revenues of $2.54 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.97%. This compares to year-ago revenues of $2.11 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Monster Beverage shares have added about 23.2% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Monster Beverage?While Monster Beverage has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Monster Beverage was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.60 on $2.43 billion in revenues for the coming quarter and $2.31 on $9.52 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Beverages - Soft drinks is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the broader Zacks Consumer Staples sector, Alico (ALCO - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 10.
This agribusiness and land management company is expected to post quarterly loss of $0.73 per share in its upcoming report, which represents a year-over-year change of +69.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Alico's revenues are expected to be $2.6 million, down 69% from the year-ago quarter.
Key Takeaways Monster Beverage is expected to post 14.5% YoY revenue growth and a 13.5% rise in Q2 EPS.Innovation, zero-sugar momentum and pricing actions are expected to support Monster Beverage's Q2 growth.Global expansion may offset pressure from aluminum, freight and elevated expenses at Monster Beverage. Monster Beverage Corporation (MNST - Free Report) is expected to have delivered solid top- and bottom-line growth when it reports second-quarter 2026 results. The results are expected to have been supported by resilient demand for energy drinks, effective pricing actions and continued expansion across international markets.
The Zacks Consensus Estimate for revenues is pegged at $2.42 billion, indicating growth of 14.5% from the figure reported in the year-ago quarter. The consensus estimate for earnings of 59 cents per share implies a rise of 13.5% from the year-ago quarter’s actual. The consensus mark has been stable in the past 30 days.
In the last reported quarter, the company registered a positive earnings surprise of 9.4%. It has delivered an average positive earnings surprise of 9.6% in the trailing four quarters.
Key Factors to Note Ahead of MNST’s Q2 ResultsMonster Beverage's second-quarter 2026 performance is expected to have benefited from continued robust demand across the global energy drink category, supported by healthy consumption trends and expanding household penetration. Management has highlighted that the category continues to gain traction globally, driven by increasing consumer preference for functional beverages, broader usage occasions and strong lifestyle appeal. The company's diversified portfolio — spanning premium, zero-sugar and value offerings — remains well positioned to capitalize on these favorable category dynamics across North America, EMEA, Asia-Pacific and Latin America.
Innovation and product launches are expected to have remained important growth drivers in the quarter under review. Monster has been expanding its innovation pipeline with new flavors across the Ultra and Juice Monster families, alongside the launches of FLRT, its female-focused energy brand, and Storm, its wellness beverage offering. Seasonal promotions tied to America 250 celebrations, new packaging formats and continued momentum in zero-sugar products are also expected to have supported consumer demand and strengthened retail shelf presence during the quarter.
Pricing actions and revenue growth management are also likely to have influenced second-quarter results. Management indicated that pricing initiatives implemented in late 2025 have continued to perform as expected, with the company evaluating additional pricing opportunities while monitoring consumer demand and retailer response. These actions, together with disciplined promotional spending, are expected to have helped offset inflationary pressures and supported revenue growth.
International markets are anticipated to have remained a key growth engine in the quarter. Monster Beverage continues to gain market share across EMEA, Asia-Pacific and Latin America, supported by strong execution, innovation, expanding distribution and affordable brands such as Predator and Fury. The company has also been benefiting from increasing penetration in high-growth markets including China, India and Australia, while its partnership with The Coca-Cola Company continues to strengthen global distribution capabilities.
However, investors are likely to closely monitor margin performance amid persistent cost pressures. Monster Beverage expects aluminum costs to continue rising sequentially through the remainder of 2026 due to higher Midwest Premiums linked to tariffs. Although management believes the overall tariff impact will remain modest and continues to employ hedging strategies, higher aluminum costs, freight expenses and an unfavorable geographic sales mix could continue to pressure gross margins. At the same time, ongoing investments in digital transformation, higher stock-based compensation and continued brand-building initiatives may keep operating expenses elevated, underscoring the importance of disciplined cost management in the quarter.
What the Zacks Model Unveils for MNSTOur proven model conclusively predicts an earnings beat for Monster Beverage this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here.
Monster Beverage currently has an Earnings ESP of +2.61% and a Zacks Rank of 3. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Valuation Picture for MNSTFrom a valuation perspective, Monster Beverage stock is trading at a premium relative to the industry benchmarks. With a forward 12-month price-to-earnings ratio of 38.76x, the stock is trading above the Beverages - Soft Drinks industry’s average of 19.69x.
MNST Stock's P/E Valuation
Image Source: Zacks Investment Research
The recent market movements show that MNST’s shares have gained 28.2% in the past three months compared with the industry's 6.6% growth.
MNST Stock’s 3-Month Price Performance
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Other Stocks With the Favorable CombinationHere are some other companies that, according to our model, also have the right combination of elements to beat on earnings this reporting cycle.
Primo Brands Corporation (PRMB - Free Report) currently has an Earnings ESP of +16.51% and a Zacks Rank of 2. The consensus estimate for the quarterly revenues is pegged at $1.76 billion, which indicates a rise of 1.8% from the figure reported in the prior-year quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Primo Brands’ upcoming quarter’s EPS is pegged at 34 cents, which implies a 5.6% decrease year over year. PRMB delivered a trailing four-quarter earnings surprise of 1.4%, on average.
US Foods Holding Corp. (USFD - Free Report) currently has an Earnings ESP of +1.10% and a Zacks Rank of 2. The Zacks Consensus Estimate for second-quarter fiscal 2026 EPS is pegged at $1.37, implying a 15.1% year-over-year decline.
The Zacks Consensus Estimate for quarterly revenues is pegged at $10.5 billion, which indicates growth of 3.8% from the figure reported in the prior-year quarter. USFD has a trailing four-quarter earnings surprise of 1.4%, on average.
Kimberly-Clark Corporation (KMB - Free Report) currently has an Earnings ESP of +1.43% and a Zacks Rank of 3. The Zacks Consensus Estimate for Kimberly-Clark’s upcoming quarterly revenues is pegged at $4.23 billion. The figure implies a 1.7% increase from the prior-year quarter.
The Zacks Consensus Estimate for Kimberly-Clark’s quarterly EPS is pegged at $2, indicating a 4.2% gain from the year-ago period. KMB delivered a trailing four-quarter earnings surprise of 19.1%, on average.
Energy drink maker Monster Beverage (MNST -1.30%) is about to halve its stock price on purpose. The company's 2-for-1 split, announced July 8, hands each shareholder of record as of July 24 one additional share for every share held. The new shares are distributed after the market closes on Aug. 10, and the stock begins trading at its split-adjusted price on Aug. 11.
Mechanically, nothing of substance happens. Every investor's stake is worth the same the morning after as the night before, and the business itself is untouched.
So why pay attention at all? Because a split is usually something a board does after a big run in a stock. And in Monster's case, the run -- and the growth behind it -- is the part actually worth an investor's time.
Image source: Getty Images.
What actually changes on Aug. 11 The mechanics are simple. The split is effected as a 100% stock dividend, so the share count doubles and the price halves. Monster's market capitalization of about $95 billion doesn't move.
What the decision suggests, though it guarantees nothing, is that management is comfortable with where the stock sits. Boards tend to split shares after sustained appreciation, and Monster has delivered exactly that.
The stock closed Friday at $96.38, within about 4% of its 52-week high of $100.34 -- and it has climbed roughly 58% over the past year.
A share price near $100 isn't hard for investors to work with, especially in an era of fractional shares. So the split's practical effects are modest. Its main function is to mark the run, and little else.
The growth the split is celebrating The trajectory, however, is worth paying attention to -- and it has been steepening. Monster's net sales grew 10.7% in 2025, to $8.29 billion. In the fourth quarter of 2025, they rose 17.6% year over year to $2.13 billion. Then, in the first quarter of 2026, net sales jumped 26.9% to $2.35 billion. That's three readings, each faster than the last.
International sales are doing much of the pushing. Net sales to customers outside the United States rose 44.9% year over year in the first quarter to $1.06 billion, and they now make up about 45% of total sales, up from roughly 40% a year earlier. Currency helped some, as favorable exchange-rate moves added $89.3 million to the quarter's net sales. And growth tilted toward international markets carries a thinner margin with it: Monster's gross margin slipped to 55% of net sales from 56.5% a year earlier, which the company attributed to geographic sales mix, higher aluminum can costs, and increased freight costs, partially offset by pricing actions.
The bottom line has kept up anyway. First-quarter operating income climbed 28.1% to $730 million, net income rose 28.6% to $569.5 million, and earnings per share grew 27.6% to $0.58. Monster also returned about $100 million to shareholders through share repurchases during the quarter.
Notably, none of that growth leans on artificial intelligence (AI), which arguably makes the stock a rarity among this year's market leaders -- and part of its appeal for investors whose portfolios have grown top-heavy with technology names.
And that brings up the real event on the calendar, which isn't the split at all. Monster's second-quarter report is scheduled for Aug. 6, after the market closes (last year's arrived on Aug. 7), and it should show whether the acceleration held into the summer. That timing puts the report just before the split takes effect, giving the market fresh numbers to judge the stock by as the share count doubles.
Today's Change
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Current Price
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That report matters because of what investors are now paying. At about 47 times earnings, Monster trades at a steep premium to the S&P 500's multiple of about 28. A valuation like that prices in a long stretch of the kind of growth the company just delivered.
If the second quarter shows the acceleration cooling, or margins slipping further, the stock could give back some of its 58% run quickly.
So, is the split a reason to buy the stock? No -- and it isn't a reason to sell, either. It's a reason to look.
What I see is an excellent business growing faster than it has in years, priced like the growth stock it has suddenly become again. I'd rather judge that trade-off with the second-quarter numbers in hand. So I'll be watching the report, not the split date.
Monster Beverage (NASDAQ:MNST – Get Free Report) is projected to post its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.5810 per share and revenue of $2.4289 billion for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.
Monster Beverage (NASDAQ:MNST – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.05. Monster Beverage had a return on equity of 26.86% and a net margin of 23.11%.The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter in the prior year, the company earned $0.47 EPS. The firm’s quarterly revenue was up 22.6% compared to the same quarter last year. On average, analysts expect Monster Beverage to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Monster Beverage Trading Down 0.5% Monster Beverage stock opened at $97.23 on Thursday. The firm has a 50 day simple moving average of $93.37 and a 200 day simple moving average of $83.99. Monster Beverage has a 1-year low of $58.09 and a 1-year high of $100.34. The firm has a market capitalization of $95.09 billion, a price-to-earnings ratio of 46.97, a P/E/G ratio of 3.18 and a beta of 0.53.
Shares of Monster Beverage are going to split on the morning of Tuesday, August 11th. The 2-1 split was announced on Wednesday, July 8th. The newly created shares will be payable to shareholders after the market closes on Monday, August 10th.
Monster Beverage announced that its Board of Directors has initiated a share repurchase program on Friday, May 15th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 0.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.
Analysts Set New Price Targets A number of equities research analysts recently issued reports on MNST shares. Deutsche Bank Aktiengesellschaft downgraded Monster Beverage from a “buy” rating to a “hold” rating and increased their price objective for the stock from $94.00 to $98.00 in a research report on Monday, July 20th. Sanford C. Bernstein initiated coverage on shares of Monster Beverage in a research note on Friday, June 12th. They issued a “market perform” rating and a $95.00 price objective for the company. TD Cowen increased their target price on Monster Beverage from $90.00 to $95.00 and gave the company a “hold” rating in a report on Wednesday, July 8th. Weiss Ratings lowered shares of Monster Beverage from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Finally, Wells Fargo & Company boosted their target price on Monster Beverage from $97.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $94.65.
Get Our Latest Analysis on Monster Beverage
Insider Buying and Selling In other Monster Beverage news, Director Mark J. Hall sold 54,000 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $85.81, for a total transaction of $4,633,740.00. Following the sale, the director directly owned 299,246 shares in the company, valued at approximately $25,678,299.26. This trade represents a 15.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Guy Carling sold 19,000 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $90.90, for a total value of $1,727,100.00. Following the sale, the chief executive officer directly owned 21,863 shares in the company, valued at $1,987,346.70. This trade represents a 46.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 178,700 shares of company stock worth $15,457,562 in the last 90 days. 8.10% of the stock is owned by company insiders.
Institutional Investors Weigh In On Monster Beverage Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. boosted its stake in shares of Monster Beverage by 1,338.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 446 shares of the company’s stock worth $28,000 after buying an additional 415 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in shares of Monster Beverage in the fourth quarter worth $35,000. Miller Capital Partners Inc. purchased a new stake in Monster Beverage in the 4th quarter worth $36,000. Prosperity Bancshares Inc purchased a new stake in shares of Monster Beverage during the fourth quarter worth about $39,000. Finally, Triumph Capital Management purchased a new stake in Monster Beverage during the 3rd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 72.36% of the company’s stock.
About Monster Beverage (Get Free Report)
Monster Beverage Corporation (NASDAQ: MNST) is an American beverage company best known for its Monster Energy brand of energy drinks. The company’s product portfolio centers on carbonated energy beverages and a range of complementary ready-to-drink offerings, including energy coffees, hydration beverages and other flavored functional drinks. Monster markets multiple sub-brands and flavor variants to address different consumer segments and consumption occasions.
Originally organized around the Hansen’s Natural line of juices and sodas, the company pivoted toward the energy drink category and formally adopted the Monster Beverage name in the early 2010s to reflect its strategic focus.
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Monster Beverage těží ze silné globální poptávky po energetických nápojích a inovacích; segment Monster Energy Drinks v 1. čtvrtletí 2026 zvýšil tržby po přepočtu o 22,8 %.
Key Takeaways MNST is benefiting from strong global energy drink demand and broad-based international expansion. Monster Beverage is driving growth through new product launches and rising demand for zero-sugar offerings.MNST's Monster Energy Drinks segment posted 22.8% currency-adjusted sales growth in first-quarter 2026. Monster Beverage Corporation (MNST - Free Report) continues to benefit from the sustained expansion of the global energy drinks category and its steady cadence of product innovations. Robust consumer demand across key markets has supported strong momentum in MNST’s core energy portfolio. With category trends remaining favorable worldwide, the company is well-positioned to maintain its growth trajectory and continue gaining market share.
In first-quarter 2026, the Monster Energy Drinks segment's sales grew 22.8% on a currency-adjusted basis. Monster Beverage continues to leverage the Coca-Cola system to broaden distribution and improve execution across regions. International expansion, operational efficiency and product innovation are driving the company's overall performance.
Product launches remain central to Monster Beverage’s strategy to expand usage occasions and keep its core franchises relevant. In the United States during first-quarter 2026, the company highlighted launches such as Ultra Punk Punch, Juice Monster Voodoo Grape, Strawberry Shots in full sugar and zero sugar, and a nationwide rollout of Lando Norris Zero Sugar. Management also noted that the Ultra brand family grew 20% in the quarter and Ultra White grew 34%, based on Nielsen, underscoring continued consumer shift toward zero-sugar options.
FLRT entered select channels in late March, and Storm, a wellness-focused brand, began rolling out in early May 2026, targeting new consumers rather than only existing energy users. Internationally, management cited Juice Monster Viking Berry as the most successful innovation launch in EMEA, with additional zero-sugar athlete editions rolling into more markets. By using innovation to support both new and existing SKUs, Monster Beverage can drive incremental volume without relying solely on pricing.
At its core, Monster Beverage will continue to benefit from steady growth in the global energy drink market, supported by strong demand across convenience stores and other key retail channels. Its efforts to advance innovation, expand its international presence and enhance operational efficiency are expected to further strengthen its performance.
MNST’s Price Performance, Valuation and EstimatesShares of Monster Beverage have gained 29% in the past six months against the industry’s rally of 15.4%.
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From a valuation standpoint, MNST trades at a forward price-to-earnings ratio of 39.64X compared with the industry’s average of 19.29X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for MNST’s 2026 and 2027 EPS indicates year-over-year growth of 12.1% and 12.8%, respectively. The company’s EPS estimates for 2026 and 2027 have been stable in the past 30 days.
Image Source: Zacks Investment Research
Monster Beverage currently carries a Zacks Rank #3 (Hold).
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The Zacks Consensus Estimate for Chefs' Warehouse's current financial-year sales indicates growth of 8.3% from the prior-year level. CHEF delivered a trailing four-quarter earnings surprise of 28.9%, on average.
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The consensus estimate for Nomad Foods’ current financial-year sales is expected to rise 0.5% from the year-ago reported figure. NOMD delivered a trailing four-quarter earnings surprise of 8.6%, on average.
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The Zacks Consensus Estimate for Medifast’s current financial-year sales indicates a decline of 26% from the year-ago number.
