Investment Analysts’ Weekly Ratings Updates for Celsius (CELH)

Several brokerages have updated their recommendations and price targets on shares of Celsius (NASDAQ: CELH) in the last few weeks:

• 1/6/2025 – Celsius had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $38.00 price target on the stock.
• 12/26/2024 – Celsius had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $42.00 price target on the stock.
• 12/19/2024 – Celsius had its price target lowered by analysts at Jefferies Financial Group Inc. from $44.00 to $40.00. They now have a “buy” rating on the stock.
• 12/18/2024 – Celsius had its price target lowered by analysts at Morgan Stanley from $46.00 to $42.00. They now have an “equal weight” rating on the stock.
• 12/16/2024 – Celsius had its price target lowered by analysts at Roth Mkm from $40.00 to $38.00. They now have a “buy” rating on the stock.
• 12/12/2024 – Celsius is now covered by analysts at JPMorgan Chase & Co.. They set an “overweight” rating and a $37.00 price target on the stock.
• 12/12/2024 – Celsius is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a “hold” rating and a $32.00 price target on the stock.
• 12/6/2024 – Celsius is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $38.00 price target on the stock.

Celsius Stock Performance

Shares of CELH opened at $29.20 on Wednesday. The firm has a market capitalization of $6.86 billion, a price-to-earnings ratio of 40.56, a price-to-earnings-growth ratio of 3.44 and a beta of 1.79. The stock’s fifty day moving average is $28.59 and its 200-day moving average is $36.60. Celsius Holdings, Inc. has a one year low of $25.23 and a one year high of $99.62.

Insider Buying and Selling at Celsius

In related news, major shareholder William H. Milmoe sold 65,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the completion of the sale, the insider now directly owns 261,245 shares in the company, valued at approximately $8,137,781.75. This trade represents a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CELH. Massachusetts Financial Services Co. MA lifted its position in Celsius by 231.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,946,208 shares of the company’s stock worth $225,289,000 after buying an additional 2,754,722 shares in the last quarter. Worldquant Millennium Advisors LLC increased its position in Celsius by 993.0% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 1,180,904 shares of the company’s stock worth $37,033,000 after purchasing an additional 1,072,859 shares during the last quarter. MIG Capital LLC purchased a new stake in shares of Celsius during the 3rd quarter worth about $30,358,000. Dimensional Fund Advisors LP lifted its holdings in shares of Celsius by 86.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 990,135 shares of the company’s stock valued at $56,531,000 after buying an additional 460,227 shares during the last quarter. Finally, Lighthouse Investment Partners LLC acquired a new position in Celsius in the second quarter worth approximately $20,024,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.