The Latest Breaking News from Monster Beverage

A Relative Strength Rating upgrade for Monster Beverage shows improving technical performance.

Monster Beverage isn't as scary a buy as some may think, generating solid cash flow and the ability to repurchase shares aggressively.

Soft drinks giant Monster Beverage has significantly underperformed the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

December S&P 500 E-Mini futures (ESZ24) are up +0.27%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.33% this morning, extending their post-Election Day gains, while investors looked ahead to the Federal Reserve’s interest rate decision.

While Monster Beverage has underperformed the Dow index recently, analysts seem cautiously bullish about the stock's future.

September S&P 500 E-Mini futures (ESU24) are trending up +0.91% this morning, extending the rebound from Monday’s dramatic selloff, supported by remarks from a senior Bank of Japan official ruling out further rate hikes during periods of market instability, while investors awaited a new batch of earnings reports.

While Monster Beverage has trailed behind the broader market over the past year, Wall Street analysts still remain moderately bullish on Monster Beverage’s prospects.

Monster Beverage is expected to release its fiscal second-quarter earnings next month, and analysts project a double-digit profit increase.

Monster Beverage has recently underperformed Nasdaq, but Wall Street analysts are moderately optimistic about the stock’s prospects.