Monster Beverage Corporation (MNST) earnings on August 6, 2026
More Monster Beverage Corporation earnings
Prior outlook: Pessimistic Outcome: Accurate
Monster Beverage's stock fell after its earnings report, dropping as much as 5% during the day and closing down 4%. This decline happened despite several analyst firms maintaining positive ratings and raising their price targets.
MNST price around the earnings
90.36
Change: -4.0%
2026-08-07, 20:00 UTC
Start of the measured window
End of the measured window
89.54
91.43
93.31
95.20
94.17
August 6, 2026
August 7, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
- Results released
Analyst downgrades and low target upside suggest a challenging outlook despite historical beats, with accelerating selloff.
Context analyzed before publication
- Trend
- Stock shows significant and accelerating deterioration into earnings, with analyst downgrades and negative trend strength.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.12
- Analysts covering the stock
- 23
- Average price target
- 96.39
- Lowest price target
- 70
- Highest price target
- 113
- Upside to price target
- 2.7%
- Quarterly earnings growth
- 28.6%
- Revenue growth
- 26.9%
- Forward EPS
- 2.6
- Trailing EPS
- 2.07
- Analyst moves in the last 60 days
- 8
- Strong buy: 3
- Buy: 11
- Hold: 11
- Sell: 1
- Strong sell: 0
- Strong buy
- 3
- Buy
- 11
- Hold
- 11
- Sell
- 1
- Strong sell
- 0
- July 20, 2026 · BMO Capital: Maintains rating (Market Perform → Market Perform)
- July 20, 2026 · Deutsche Bank: Downgrades rating (Buy → Hold)
- July 16, 2026 · UBS: Maintains rating (Neutral → Neutral)
- July 16, 2026 · Stifel: Maintains rating (Buy → Buy)
- July 14, 2026 · Citigroup: Maintains rating (Buy → Buy)
- July 8, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- June 12, 2026 · Bernstein: Initiates coverage (Market Perform)
- June 11, 2026 · Bernstein: Initiates coverage (Market Perform)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (6)
- This Charles Schwab Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Monday (opens in a new tab) — Benzinga
- BMO Capital Maintains Market Perform on Monster Beverage, Raises Price Target to $95 (opens in a new tab) — Benzinga
- Deutsche Bank Downgrades Monster Beverage to Hold, Raises Price Target to $98 (opens in a new tab) — Benzinga
- UBS Maintains Neutral on Monster Beverage, Raises Price Target to $104 (opens in a new tab) — Benzinga
- Stifel Maintains Buy on Monster Beverage, Raises Price Target to $105 (opens in a new tab) — Benzinga
- Citigroup Maintains Buy on Monster Beverage, Raises Price Target to $113 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 94.47
- Average true range (ATR)
- 2.3%
- Distance to 52-week high
- -6.0%
- 14-day change (14d)
- -1.3%
- 30-day change (30d)
- -3.0%
- 30-day relative strength
- -2.2%
- QQQ change (30d)
- -0.8%
- Nearest support
- 94.4
- Distance to nearest support
- 0.1%
- Nearest resistance
- 95.17
- Distance to nearest resistance
- 0.7%
- Volume accumulation ratio (14d / 46d)
- 0.97
- Mid: 94.4 (0.1% away, 0.04 ATR, 17 touches)
- Mid: 93.65 (0.9% away, 0.38 ATR, 11 touches)
- Minor: 93.14 (1.4% away, 0.62 ATR, 8 touches)
- Mid: 95.17 (0.7% away, 0.33 ATR, 11 touches)
- Mid: 95.75 (1.4% away, 0.6 ATR, 23 touches)
- Mid: 97.07 (2.8% away, 1.21 ATR, 19 touches)
Trends
Evidence
- Average earnings surprise
- +6.4%
- May 7, 2026: actual EPS 0.58 vs estimate 0.53 (surprise +10.2%)
- February 26, 2026: actual EPS 0.46 vs estimate 0.48 (surprise -4.5%)
- November 6, 2025: actual EPS 0.54 vs estimate 0.48 (surprise +13.4%)
- August 7, 2025: actual EPS 0.51 vs estimate 0.48 (surprise +6.7%)
Expected move
- Implied move
- +2.4%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 5.1%
- 75th percentile move
- 5.5%
- 90th percentile move
- 7.9%
- Up / down moves
- 14 / 6
- Average up move
- +5.4%
- Average down move
- -4.4%
Monitoring and close
What Monster Beverage Corporation reported
- Status
- Finished
| Actual EPS | 0.6 |
|---|---|
| EPS estimate | 0.58 |
| EPS surprise | +3.4% |
| Revenue | $2,537 million |
| Revenue estimate | $2,428 million |
| Revenue surprise | +4.5% |
Monster Beverage beat Q2 expectations with record earnings and revenue, driven by international growth. Shares slipped after the report.
Sources (6)
- Monster (NASDAQ:MNST) Surprises With Q2 CY2026 Sales (opens in a new tab) — StockStory
- Monster Beverage (NASDAQ:MNST) Slips After Inline Q2 EPS (opens in a new tab) — ChartMill
- Monster Beverage Sales Rise on International Growth (opens in a new tab) — The Wall Street Journal
- Monster Beverage beat expectations in Q2: adjusted EPS of $0.60 (estimated $0.58) and revenue of $2.537 billion (estimated $2.428 billion). — Benzinga
- Monster Beverage Q2 Adj. EPS $0.60 Beats $0.58 Estimate, Sales $2.537B Beat $2.428B Estimate (opens in a new tab) — Benzinga
- Monster Beverage Reports 2026 Second Quarter Financial Results (opens in a new tab) — Yahoo
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating -0.1% pre-market, a move below the stock's usual reaction (about 5%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -4.0%
- Max favorable move (MFE)
- 5%
- Max adverse move (MAE)
- 0.7%