Monster’s (NASDAQ:MNST) Q3 2026 sales beat estimates but stock drops

Monster Beverage (MNST) reported Q3 2026 sales of $2.56B, up 18% YoY, with EPS of $0.29. Energy drink sales rose 17.1% to $2.37B, while gross margin fell to 54.7% due to higher costs, partly offset by price increases. The company launched new products including FLRT Apple Bottoms Up and Java Monster Dubai Chocolate.

Monster Beverage (MNST) shares fell 2.7% after Q3 results showed revenue of $2.56B (up 16.7% YoY, beating estimates) and adjusted EPS of $0.30 (in line). Gross and operating margins declined. The stock trades near its 52-week high, up 21.3% YTD.

Monster Beverage (MNST) reported Q3 revenue of $2.56B (+16.7% y/y) and in-line EPS of $0.30, but shares fell 2.68% due to margin concerns. International sales grew 28.1%, while aluminum costs and mix drag weighed on margins. UBS sees valuation as high with a $50 target. Next catalysts include Q4 results and pricing impact on margins.

Monster Beverage (MNST) stock rose 4.2% to $45.90 after reporting Q3 2026 earnings. Coca-Cola Europacific Partners, Coca-Cola, and PepsiCo also gained, suggesting sector-wide strength. Investors are analyzing volume trends, pricing power, and international distribution in the filing.

Monster Beverage Corp shares fell 8.2% after reporting lower-than-expected gross profit margins of 54.7% in Q3, down from 55.7% a year ago. The company cited rising aluminium costs due to US tariffs and Middle East conflict. Sales rose 17% to $2.56 billion, driven by international demand, particularly in Brazil. The company plans a US price increase in November to offset cost pressures.

Piper Sandler kept its Overweight rating on Monster Beverage and increased its price target to $53 from $50.50, suggesting a 10.8% upside from the Nov 5 close of $47.83, according to the firm.