Morgan Stanley Lifts Celsius Holdings Price Target to $55 After 137.7% Q1 Growth
Celsius Holdings reported Q1 2026 revenue up 137.7% year-over-year to $782.6 million with EPS of $0.41, driven by the Alani Nu acquisition while its core brand grew 6%. Morgan Stanley raised its price target to $55, implying 60.5% upside from current share levels near the 52-week low of $31.80.
1. Q1 Financial Results
Celsius Holdings delivered a record first quarter with revenue rising 137.7% year-over-year to $782.6 million and EPS of $0.41. Core Celsius brand sales grew 6%, net income climbed 148% to $110.1 million, and gross margin stood at 48.3% with management targeting returns above 50%.
2. Acquisition Impact
The Alani Nu acquisition accounted for the majority of the sales surge, driving strong market share gains and international expansion. Rockstar Energy also contributed to triple-digit growth, while integration synergies are expected to support margin recovery by Q3.
3. Analyst Price Target Revision
Following the robust results, Morgan Stanley set a new price target of $55, reflecting a 60.5% upside from current levels around $34. The stock trades near its 52-week low of $31.80, indicating potential undervaluation given recent outperformance.