Professional
Added to YB: 2025-04-11
Pitch date: 2025-04-08
MNST [bearish]
Monster Beverage Corporation
-34.17%
current return
Author Info
Spruce Point Capital Management is an activist investment manager specializing in forensic short-selling. Sign up for the newsletter.
Company Info
Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.
Market Cap
$70.4B
Pitch Price
$55.13
Price Target
35.00 (-53%)
Dividend
N/A
EV/EBITDA
27.01
P/E
41.02
EV/Sales
8.51
Sector
Beverages
Category
value
Spruce Point Capital Management Issues 'Strong Sell' Research Opinion On Monster Beverage Corp. (Nasdaq: MNST)
MNST short: Increasing competition from new entrants like Celsius, BUD & celebrity-backed brands. Weakening distribution, rising promos & inventory. Int'l growth less attractive, concerns over financial reporting post-auditor change. Premium valuation vs Coke undeserved. 25-40% downside risk at 4-5x sales, 15-18x EBITDA.
Read full article (6 min)