Celsius (NASDAQ:CELH) Given New $35.00 Price Target at Needham & Company LLC

Celsius (NASDAQ:CELH) had its target price cut by Needham & Company LLC from $55.00 to $35.00 in a research report released on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

CELH has been the subject of a number of other reports. Bank of America decreased their price target on Celsius from $55.00 to $45.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price objective on shares of Celsius from $77.00 to $67.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. UBS Group decreased their target price on Celsius from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. TD Cowen decreased their price target on shares of Celsius from $66.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Finally, Morgan Stanley set a $48.00 price target on Celsius and gave the company an “overweight” rating in a report on Tuesday, June 23rd. Twenty equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $56.75.

Celsius Price Performance

Shares of NASDAQ CELH opened at $23.77 on Thursday. Celsius has a 52 week low of $23.56 and a 52 week high of $66.74. The business’s 50 day moving average price is $29.54 and its 200 day moving average price is $36.67. The company has a quick ratio of 1.43, a current ratio of 1.77 and a debt-to-equity ratio of 0.53. The firm has a market cap of $6.08 billion, a P/E ratio of 55.28, a P/E/G ratio of 1.29 and a beta of 0.95.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.06). The business had revenue of $817.93 million for the quarter, compared to analyst estimates of $870.09 million. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The business’s revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 earnings per share. On average, sell-side analysts expect that Celsius will post 1.58 earnings per share for the current year.

Insider Activity

In other Celsius news, CEO John Fieldly acquired 8,475 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average price of $29.36 per share, for a total transaction of $248,826.00. Following the completion of the acquisition, the chief executive officer owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. This trade represents a 0.91% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Hal Kravitz acquired 8,400 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were bought at an average cost of $29.73 per share, for a total transaction of $249,732.00. Following the transaction, the director directly owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. This trade represents a 3.84% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.33% of the stock is currently owned by corporate insiders.

Institutional Trading of Celsius

A number of large investors have recently bought and sold shares of CELH. Northwestern Mutual Wealth Management Co. lifted its stake in Celsius by 2,293.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 41,747 shares of the company’s stock valued at $1,952,000 after buying an additional 40,003 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new stake in shares of Celsius during the fourth quarter worth about $3,316,000. Geode Capital Management LLC raised its position in shares of Celsius by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after buying an additional 277,424 shares during the last quarter. Fifth Third Bancorp raised its position in shares of Celsius by 4,648.1% in the first quarter. Fifth Third Bancorp now owns 92,873 shares of the company’s stock valued at $3,295,000 after buying an additional 90,917 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Celsius by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock valued at $826,750,000 after buying an additional 802,743 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

Key Stories Impacting Celsius

Here are the key news stories impacting Celsius this week:

• Positive Sentiment: Revenue increased 10.6% year over year to approximately $817.9 million, with growth supported in part by the Alani Nu portfolio. The results show continued sales expansion despite a challenging quarter. Celsius Holdings revenue growth and profit pressures
• Neutral Sentiment: Unusual options activity accompanied the earnings release, with 53,514 call options purchased—about 76% above average volume. This may indicate speculative bullish interest, but it does not necessarily signal a fundamental change in the company’s outlook.
• Negative Sentiment: Adjusted earnings were $0.36 per share, below the $0.42 analyst consensus and down from $0.47 in the year-earlier quarter. Revenue also missed estimates of approximately $870.1 million. Celsius Q2 earnings and revenue miss estimates
• Negative Sentiment: Profitability weakened as promotional spending and other cost pressures reduced margins. Investors were particularly concerned that sales for the namesake Celsius brand turned negative, potentially offsetting growth from Alani Nu. Celsius namesake brand sales turn negative

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.