Celsius falls as Deutsche Bank lowers rating to 'hold' from 'buy'

Celsius Holdings

27/08/2026 13:42

** Shares of energy drink maker Celsius Holdings CELH.O fall nearly 6% to $33.12 premarket
** Deutsche Bank lowers rating to "hold" from "buy," raises PT to $35 from $30
** Brokerage says core CELH trends further weakened through Q2 rather than stabilizing as expected 
** "Evidence of a durable recovery in the core Celsius brand is unlikely to emerge before calendar 2027" - brokerage
** 19 of 25 brokerages rate the stock "buy" or above and 6 "hold"; median PT at $40.50 - data compiled by LSEG
** As of last close, stock down nearly 26% YTD

(Reporting by Miraanta Lowrance in Bengaluru)
((miraanta.lowrance@thomsonreuters.com))