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Analyst Report: Monster Beverage Corp.

Monster Beverage Corporation (MNST) Stock Forecasts

AllAnalyst Report

Argus•August 30, 2023

Symbols

MNST

Sector(s)

Consumer Defensive

Rating

Current Price

$58.15

Price Target

Earnings Estimate

Summary

Monster Beverage Corp. is a holding company and conducts no operating business except through its consolidated subsidiaries. The company’s subsidiaries market and distribute energy drinks.

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Analyst Profile

John D. Staszak, CFA

Securities Analyst: Consumer Discretionary & Consumer Staples

John’s specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as an analyst and consultant for firms including Standard & Poor’s, the Bank of New York, Harris Nesbitt Gerard and Merrill Lynch. John is a CFA charterholder. Forbes magazine named John as the second-best stock picker among restaurant analysts in 2006. He was also ranked the second-best analyst covering the restaurant sector by the Wall Street Journal in 2007, a year in which a Financial Times/StarMine survey also ranked John that same way. In 2008, the Journal again listed John as an award winner, with a third-best designation among hotel industry analysts and a fifth-best designation among restaurant analysts.

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