Monster Beverage Q2 sales beat estimates as demand rises

Monster Beverage

06/08/2026 21:23

Overview
Energy drink maker's Q2 net sales rose 20%, beating analyst expectations
Adjusted EPS for Q2 rose 15% to $0.60
Company's previously announced two-for-one stock split to take effect after Aug. 10 close

Outlook
Monster Beverage did not provide specific guidance for future quarters or the full yr

Result Drivers
CORE ENERGY DRINKS - Net sales for Monster Energy Drinks segment rose 21.6%, driven by demand for core and new products
INTERNATIONAL GROWTH - Net sales to customers outside the US climbed 34.6%, contributing 46% of total Q2 sales
MARKETING INVESTMENT - Increased marketing and sponsorship spending aimed at reaching broader consumer base and supporting new launches

Company press release: ID:nGNXbG1HMK

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$2.54 bln
$2.43 bln (17 Analysts)
Q2 EPS
 
$0.59
 
Q2 Net Income
 
$584.54 mln
 
Q2 Operating Expenses
 
$679.19 mln
 
Q2 Operating income
 
$740.44 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 13 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the non-alcoholic beverages peer group is "hold."
Wall Street's median 12-month price target for Monster Beverage Corporation is $97.00, about 2.7% above its August 5 closing price of $94.46
The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 33 three months ago

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Aug 6 - Keurig Dr Pepper reaffirms forecast on strong soda, energy drink demand
Aug 4 - Ball Corp beats quarterly estimates on steady demand for its aluminum cans

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)