AllAnalyst Report
logoMorningstarSeptember 13, 2024

Monster Beverage Corporation: Narrow-Moat Monster Poised to Expand Volume With Innovation Pipeline and Coca-Cola Alliance

Symbols
MNST
Sector(s)
Consumer Defensive
Rating
Current Price
$52.35
Fair Value
Economic Moat
Stewardship
Summary

Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the US and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, Bang and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copac

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