Celsius Holdings Inc. (NASDAQ:CELH) Receives $67.39 Consensus Price Target from Brokerages

Shares of Celsius Holdings Inc. (NASDAQ:CELH) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-three analysts that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and nineteen have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $67.3889.

Several analysts have issued reports on the stock. Weiss Ratings raised shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 4th. KeyCorp assumed coverage on shares of Celsius in a research report on Tuesday, December 16th. They set a “sector weight” rating on the stock. Piper Sandler restated an “overweight” rating and issued a $65.00 target price (up from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Bank of America raised shares of Celsius from an “underperform” rating to a “buy” rating and set a $65.00 price target for the company in a report on Friday, February 27th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Alliancebernstein L.P. boosted its holdings in Celsius by 3.4% in the second quarter. Alliancebernstein L.P. now owns 18,662,921 shares of the company’s stock valued at $865,773,000 after purchasing an additional 617,743 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Celsius by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock valued at $826,750,000 after purchasing an additional 802,743 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Celsius by 8.4% in the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after purchasing an additional 277,424 shares in the last quarter. Norges Bank purchased a new position in shares of Celsius during the 4th quarter valued at approximately $140,803,000. Finally, Massachusetts Financial Services Co. MA purchased a new position in shares of Celsius during the 4th quarter valued at approximately $115,321,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Celsius Price Performance

Shares of NASDAQ CELH opened at $41.51 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.68 and a quick ratio of 1.37. Celsius has a 1-year low of $30.85 and a 1-year high of $66.74. The company has a market capitalization of $10.67 billion, a price-to-earnings ratio of 166.04, a PEG ratio of 1.36 and a beta of 0.89. The business has a 50-day moving average of $48.79 and a 200-day moving average of $50.35.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, February 26th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. The business had revenue of $721.63 million for the quarter, compared to the consensus estimate of $638.17 million. Celsius had a return on equity of 37.68% and a net margin of 4.29%.The company’s revenue was up 117.2% on a year-over-year basis. During the same period last year, the business posted ($0.11) EPS. On average, equities analysts anticipate that Celsius will post 0.89 EPS for the current fiscal year.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.