Trump to appeal tariff ruling, warns of economic consequences
Celsius Holdings Inc. (CELH) reached a new 52-week high, with its stock price climbing to 63.12 USD. According to InvestingPro analysis, the company maintains a "GREAT" financial health score, with liquid assets exceeding short-term obligations and a comfortable debt level. This milestone reflects a robust performance over the past year, during which the stock has experienced a significant increase of 56.96%. The company’s impressive growth trajectory, supported by revenue growth of nearly 12% and a healthy gross profit margin of 50.5%, has been driven by a combination of strategic initiatives and favorable market conditions. As investors take note of Celsius Holdings’ upward momentum, the company continues to solidify its presence in the health and wellness sector. For deeper insights into CELH’s valuation and growth prospects, including 18 additional ProTips, explore the comprehensive research available on InvestingPro.
In other recent news, Celsius Holdings has garnered significant attention following its second-quarter earnings results, which exceeded expectations across various financial metrics. The company reported impressive top-line growth, gross margin, and operating profit margin, prompting several firms to adjust their outlooks. UBS raised its price target for Celsius Holdings to $64, while Truist Securities increased its target to $65, both maintaining a Buy rating. TD Cowen and Stifel also raised their price targets, to $60 and $56 respectively, citing strong quarterly performance and successful integration of the Alani Nu acquisition.
Additionally, PepsiCo is set to increase its ownership stake in Celsius Holdings to 11% through a $585 million investment in convertible preferred stock. As part of this deal, Celsius will acquire PepsiCo’s Rockstar Energy brand in the US and Canada. Alani Nu, a recent acquisition by Celsius, will transition to PepsiCo’s distribution network to enhance retail availability. These developments underscore a period of robust growth and strategic expansion for Celsius Holdings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.