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Stephens Sticks to Their Buy Rating for Celsius Holdings (CELH)

Tipranks - Tipranks - Sat Mar 7, 8:06AM CST

In a report released today, from Stephens maintained a Buy rating on Celsius Holdings, with a price target of $75.00.

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In addition to Stephens, Celsius Holdings also received a Buy from Jefferies’s Kaumil Gajrawala in a report issued on March 4. However, on March 3, TipRanks – Anthropic reiterated a Hold rating on Celsius Holdings (NASDAQ: CELH).

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Based on Celsius Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $721.63 million and a net profit of $24.74 million. In comparison, last year the company earned a revenue of $332.2 million and had a GAAP net loss of $18.88 million

Based on the recent corporate insider activity of 154 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CELH in relation to earlier this year. Earlier this month, Joyce Russell, a Director at CELH sold 2,880.00 shares for a total of $147,772.80.

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