Celsius Holdings Drops 8% After UBS, Bank of America Raise Price Targets
Shares of Celsius Holdings fell 8.13% to $49.25 as investors booked profits after last week’s earnings beat. UBS raised its price target 3% to $72 and Bank of America lifted fair value 44% to $65 as revenues jumped 83% to $2.5 billion and net profit fell 41% to $63.8 million.
1. Stock Performance Monday
On Monday, shares of Celsius Holdings declined by 8.13% to close at $49.25 as investors booked profits following last week’s strong rally.
2. Analyst Price Target Hikes
Analysts at UBS increased their price target by 3% to $72, while Bank of America raised its fair value estimate by 44% to $65, reflecting continued confidence in the brand’s growth prospects.
3. Full-Year Earnings
For the full year, Celsius posted revenues of $2.5 billion, up 83% from $1.3 billion a year earlier, though net profit attributable to shareholders fell 41% to $63.8 million.
4. Q4 Breakdown
In the fourth quarter, revenues soared 117% to $721.6 million from $332.2 million, and the company swung to a net profit of $9.1 million compared with a $25.8 million loss in Q4 2024.