{"id":892,"date":"2022-09-29T01:37:29","date_gmt":"2022-09-29T01:37:29","guid":{"rendered":"https:\/\/www.syfe.com\/au\/learn\/?p=892"},"modified":"2023-08-04T07:40:40","modified_gmt":"2023-08-04T07:40:40","slug":"monster-beverage-share-price-rose-71000-analysts-still-rate-it-bu","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/au\/learn\/monster-beverage-share-price-rose-71000-analysts-still-rate-it-bu\/","title":{"rendered":"<strong>This weird stock rose 71,000%, analysts still rate it a BUY<\/strong>"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"256\" src=\"https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Untitled-design-18-1024x256.png\" alt=\"\" class=\"wp-image-895\" srcset=\"https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Untitled-design-18-1024x256.png 1024w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Untitled-design-18-300x75.png 300w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Untitled-design-18-768x192.png 768w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Untitled-design-18-696x174.png 696w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Untitled-design-18-1068x267.png 1068w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Untitled-design-18.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Before you keep reading: Can you guess the stock?<\/p>\n\n\n\n<p>It\u2019s not any of the brand-name blue chips like Amazon, Google, or Apple. And it\u2019s not any of the meme stocks like Gamestop or AMC.&nbsp;<\/p>\n\n\n\n<p>It\u2019s Monster Beverage Corporation or MNST. For those unfamiliar, MNST is the company behind the \u2018Monster\u2019 energy drink (pictured above).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Monster Beverage share price history<\/strong><\/h2>\n\n\n\n<p>Since its listing in 1985 to September 9, 2022 &#8211; the Monster Beverage share price rose an astounding 71,000% &#8211; finishing that session at US$92.43 per share. Check out the chart below if you don\u2019t believe me:&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"490\" src=\"https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-1024x490.jpg\" alt=\"\" class=\"wp-image-1061\" srcset=\"https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-1024x490.jpg 1024w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-300x144.jpg 300w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-768x367.jpg 768w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-1536x735.jpg 1536w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-2048x980.jpg 2048w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-696x333.jpg 696w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-1068x511.jpg 1068w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-1920x919.jpg 1920w, https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2022\/09\/Image-29-9-2022-at-11.31-am-878x420.jpg 878w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-right\">Source: Google Finance<\/p>\n\n\n\n<p>Before fees, that\u2019s the kind of return that would turn every US$1,000 invested into US$711,000. Or every US$10,000 into US$7,110,000. You get the idea. It\u2019s a lot.&nbsp;<\/p>\n\n\n\n<p>You can invest in 10,000+ US stocks &amp; ETFs, from the palm of your hand with Syfe. <a href=\"https:\/\/syfe.onelink.me\/diya\/dibpwbtg\">Click here to discover Syfe for yourself now.<\/a><\/p>\n\n\n\n<p>Mind you, while you might not have heard of MNST before today &#8211; Monster and energy drinks more broadly, are serious business.&nbsp;<\/p>\n\n\n\n<p>In 2020 the global energy drinks market was worth US$45.8 billion. By 2031 it is expected to be worth US$108.4 billion, according to Allied Market Research.<\/p>\n\n\n\n<p>Breaking that down further &#8211; Red Bull in 2020 was the clear market leader, commanding a market share of 43%. But Monster was close behind, at 39% market share.&nbsp;<\/p>\n\n\n\n<p>For a market that might be worth over US$100 billion in the next decade, the above stats go a long way to explain that 71,000% run.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Monster Beverage fundamentals&nbsp;<\/strong><\/h2>\n\n\n\n<p>A quick look at Monster\u2019s fundamentals also tells a story of continued, albeit, expensive growth. Q2 revenue hit US$1.66 billion, up 13.2% year-on-year. That represented a record for the company.&nbsp;<\/p>\n\n\n\n<p>From a valuation perspective, Monster last traded on a price-to-earnings ratio of&nbsp; about 39x &#8211; making it significantly more \u2018expensive\u2019 than the broader market. The S&amp;P 500 trades on a price-to-earnings ratio of 21.80x.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Monster Beverage share price outlook<\/strong><\/h2>\n\n\n\n<p>Despite trading at a rich valuation and its colossal run up to date, analysts continue to like the stock. The Wall Street consensus on Monster is currently a BUY.&nbsp;<\/p>\n\n\n\n<p>Not only that, but the current average estimate price target of US$100.79 &#8211; implies potential upside of around 12.7%, from where the stock traded on 29 September, 2022.&nbsp;<\/p>\n\n\n\n<p>You can invest in top US stocks like Apple, Amazon, and Monster &#8211; through Syfe\u2019s intuitive investment app. <a href=\"https:\/\/syfe.onelink.me\/diya\/dibpwbtg\">Click here to download it now<\/a>. Setting up your account takes just minutes.&nbsp;<\/p>\n\n\n\n<p>Want to learn more? We just published a massive guide on how to invest in US stocks in Australia. <a href=\"https:\/\/www.syfe.com\/au\/learn\/how-to-buy-and-invest-in-us-stocks-in-australia-2022-guide\/\">Read it here.<\/a> (Oh, as an FYI, we may be seeing a lot of volatility right now, but US stocks have outperformed ASX stocks significantly in the last 5-years.)\u00a0<\/p>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-506bb386 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><img decoding=\"async\" srcset=\"https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2023\/07\/SYFE50_landscape-1024x536.png \" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/www.syfe.com\/au\/learn\/wp-content\/uploads\/2023\/07\/SYFE50_landscape-1024x536.png\" alt=\"\" class=\"uag-image-2681\" width=\"1024\" height=\"536\" title=\"\" loading=\"lazy\"\/><\/figure><\/div>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><em><sub>This article\/webinar is brought to you by Syfe Australia Pty Ltd., CAR number 1295306 of Sanlam Private Wealth Pty Ltd (AFSL 337927).&nbsp;<strong>Disclaimer:<\/strong>&nbsp;Investing involves risk including the risk of losing your invested amount. We do not provide personalised advice or recommendations.&nbsp; Any information we provide is general advice and current at the time&nbsp; written. Please speak to your Financial or Tax adviser for personal advice. Any reference to an investment\u2019s past or potential performance is not an indication of any specific outcome or profit. <\/sub><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Before you keep reading: Can you guess the stock? It\u2019s not any of the brand-name blue chips like Amazon, Google, or Apple. And it\u2019s not any of the meme stocks like Gamestop or AMC.&nbsp; It\u2019s Monster Beverage Corporation or MNST. For those unfamiliar, MNST is the company behind the \u2018Monster\u2019 energy drink (pictured above). Monster [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":1057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[218],"tags":[],"class_list":{"0":"post-892","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investment_ideas"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Monster Beverage share price rose 71,000%, analysts still rate it BUY<\/title>\n<meta name=\"description\" content=\"The Monster Beverage share price rose an astounding 71,000% between its listing and September 9, 2022. 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you keep reading: Can you guess the stock? 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