Why Monster (MNST) shares are trading lower today

Bernstein SocGen raised Monster Beverage's (MNST) price target to $51 from $50, keeping a Market Perform rating. The company reported Q3 2026 EPS of $0.30, meeting expectations, and revenue of $2.56B, beating estimates. Organic sales grew 16.4%, but margins declined due to international growth and cost pressures. Jefferies and UBS also updated their price targets, citing international sales growth and innovation pipeline.

Monster Beverage plans to implement SAP S/4HANA by 2028 and anticipates aluminum cost pressures until Q1 2027. Its Q3 gross margin was 54.7%, down from 55.9% in Q2, due to higher aluminum costs and international mix. Net sales were $2.56 billion, with U.S. pricing actions and hedging helping to offset some costs.

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.