Monster Beverage Corporation (NASDAQ:MNST) is one of the Best Blue Chip Stocks Under $100 to Buy Now.
On June 1, Morgan Stanley analyst Dara Mohsenian lifted the firm’s price objective on the company’s stock to $103 from $100 and maintained an “Overweight” rating on the shares
As per the firm, there can be a potential margin inflection for Monster Beverage Corporation (NASDAQ:MNST) in FY 2027. The analyst highlighted that Monster Beverage Corporation (NASDAQ:MNST) happens to be a core holding, considering the company’s outsized revenue growth, robust innovation pipeline, international share gains, and pricing power. Notably, Monster Beverage Corporation (NASDAQ:MNST) saw its Q1 2026 revenues rise by 26.9% to $2.35 billion, from $1.85 billion in Q1 2025.
Also, net changes in foreign currency exchange rates resulted in a favorable impact on net sales of $89.3 million for Q1 2026. The company’s net sales to customers outside the US went up by 44.9% in Q1 2026 to ~45% of the total net sales. Monster Beverage Corporation (NASDAQ:MNST) is engaged in developing, marketing, selling, and distributing energy drink beverages and concentrates.