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Monster Beverage posts record Q2 sales, Deutsche Bank raises price target to $100

Analyst Insights
10 Aug 2026
Gordon Thompson
View Source
Bullish
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Monster Beverage reported record net sales of $2.54 billion in Q2 2026, a 20.2% increase year-over-year, driven by strong international growth in markets like Brazil and India. Deutsche Bank raised its price target to $100, indicating confidence in the company's continued expansion and a potential 10.67% upside from the current stock price. Despite strong earnings beating estimates for the fourth quarter in a row, some analysts consider the stock modestly overvalued. The company's global market share gains and product innovation underpin its positive outlook.

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