RBC Capital Keeps Their Buy Rating on Monster Beverage (MNST)

In a report released yesterday, Nik Modi from RBC Capital maintained a Buy rating on Monster Beverage, with a price target of $88.00.

Introducing TipRanks MCP for Agents

• Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools.
• Designed for personal research, portfolio monitoring, and AI-assisted investment workflows.

Modi covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, The Hershey Company, and Coca-Cola. According to TipRanks, Modi has an average return of -2.5% and a 48.60% success rate on recommended stocks.

In a report released on June 5, Piper Sandler also maintained a Buy rating on the stock with a $94.00 price target.

Based on Monster Beverage’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.35 billion and a net profit of $569.49 million. In comparison, last year the company earned a revenue of $1.85 billion and had a net profit of $442.99 million

Based on the recent corporate insider activity of 35 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 MNST in relation to earlier this year. Last month, Mark Hall, a Director at MNST sold 54,000.00 shares for a total of $4,633,740.00.