Monster Beverage traded at $87.10 this Friday May 8th, increasing $11.13 or 14.65 percent since the previous trading session. Looking back, over the last four weeks, Monster Beverage gained 15.92 percent. Over the last 12 months, its price rose by 44.83 percent. Looking ahead, we forecast Monster Beverage to be priced at 75.52 by the end of this quarter and at 70.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
Monster Beverage Corporation develops, markets, sells and distributes energy drink beverages and concentrates for energy drink beverages, under various brand names, including Monster Energy, Monster Energy Ultra, Monster Rehab, Monster MAXX, Java Monster, Muscle Monster, Espresso Monster, Punch Monster, Juice Monster, Monster Hydro, Monster HydroSport Super Fuel, Monster Super Fuel, Predator, Fury, Reign Total Body Fuel, Reign Inferno Thermogenic Fuel, Monster Dragon Tea, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play, Relentless, BPM, BU, Gladiator, Samurai and Live+. Its segments include Monster Energy Drinks segment, which consists of its Monster Energy drinks and Reign Total Body Fuel performance energy drinks; Strategic Brands segment, which includes various energy drink brands, and Other segment, which includes products sold to the third-party customers. It also sells concentrates and/or beverage bases to authorized bottling and canning operations.