Celsius Holdings Inc. (NASDAQ:CELH) Receives $66.33 Average Price Target from Brokerages

Shares of Celsius Holdings Inc. (NASDAQ:CELH) have been assigned an average rating of “Moderate Buy” from the twenty-three ratings firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and eighteen have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $66.3333.

CELH has been the subject of a number of recent analyst reports. Citigroup lowered their price target on shares of Celsius from $73.00 to $65.00 and set a “buy” rating for the company in a report on Friday, November 7th. Piper Sandler reaffirmed an “overweight” rating and set a $65.00 price objective (up from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Needham & Company LLC reiterated a “buy” rating and set a $70.00 target price on shares of Celsius in a report on Wednesday, January 7th. Stifel Nicolaus cut their target price on Celsius from $74.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Finally, UBS Group reaffirmed a “buy” rating and set a $70.00 price target (up from $65.00) on shares of Celsius in a research report on Wednesday, January 14th.

Hedge Funds Weigh In On Celsius

A number of hedge funds and other institutional investors have recently made changes to their positions in CELH. Alliancebernstein L.P. boosted its holdings in Celsius by 3.4% in the second quarter. Alliancebernstein L.P. now owns 18,662,921 shares of the company’s stock valued at $865,773,000 after acquiring an additional 617,743 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Celsius by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after purchasing an additional 802,743 shares during the period. Geode Capital Management LLC boosted its stake in shares of Celsius by 8.4% during the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after purchasing an additional 277,424 shares in the last quarter. Norges Bank bought a new stake in shares of Celsius during the 4th quarter valued at about $140,803,000. Finally, Massachusetts Financial Services Co. MA purchased a new position in shares of Celsius during the fourth quarter valued at about $115,321,000. Institutional investors own 60.95% of the company’s stock.

Celsius Stock Performance

Shares of CELH stock opened at $50.61 on Monday. The company has a market capitalization of $13.05 billion, a P/E ratio of 506.10, a PEG ratio of 0.83 and a beta of 0.90. Celsius has a fifty-two week low of $24.04 and a fifty-two week high of $66.74. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.61 and a current ratio of 1.89. The stock has a 50 day moving average price of $49.20 and a two-hundred day moving average price of $52.11.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.