Bullish indicating open at $55-$60, IPO prices at $37
Investing.com - Truist Securities has raised its price target on Celsius Holdings (NASDAQ:CELH) to $65.00 from $55.00 while maintaining a Buy rating on the energy drink maker’s stock. According to InvestingPro data, the company currently trades at a market capitalization of $13.4 billion and shows strong financial health with an overall score of "GREAT."
The price target increase follows Celsius Holdings’ second-quarter 2025 earnings results, which prompted Truist to revise its financial projections upward for the company. This aligns with broader analyst sentiment, as InvestingPro data shows that 4 analysts have recently revised their earnings estimates upward, with the stock currently appearing slightly undervalued based on Fair Value analysis.
Truist has increased its fiscal year 2025 sales estimate for Celsius to $2.378 billion from its previous forecast of $2.214 billion. The firm also raised its fiscal 2026 and 2027 sales estimates to $2.986 billion and $3.305 billion, respectively, up from prior projections of $2.703 billion and $2.985 billion.
The securities firm similarly boosted its adjusted EBITDA estimates for Celsius. Truist now forecasts adjusted EBITDA of $557.5 million for fiscal 2025, $676.3 million for fiscal 2026, and $796.9 million for fiscal 2027, compared to previous estimates of $408.8 million, $553.2 million, and $630.9 million.
The revised financial outlook reflects Truist’s continued confidence in Celsius Holdings’ growth trajectory in the competitive energy drink market.
In other recent news, Celsius Holdings reported impressive second-quarter financial results, with earnings per share (EPS) of $0.47, nearly doubling the analyst forecast of $0.24. Revenue for the quarter reached $739.3 million, significantly surpassing the expected $654.3 million. This strong performance was attributed to the successful integration of the Alani Nu acquisition, which contributed to the company’s growth and exceeded expectations. Following these results, several firms raised their price targets for Celsius Holdings. Stifel increased its target to $56, citing the progress in Alani Nu integration and anticipated synergies. TD Cowen raised its target to $60, highlighting the revival of Celsius’s core product marketing. UBS and Jefferies both set their targets at $64, with UBS emphasizing the company’s top-line growth and Jefferies noting the strong momentum from Alani Nu. These developments reflect a positive outlook from analysts on Celsius’s recent performance and strategic moves.
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