Monster Beverage Corporation (MNST)

Underperform Recap: Q2 2026

The Gross Margin Came Back and Was Spent on Marketing, Just as the US Category Slowed to 7%

Hold Recap: Q1 2026

Demand Outran the Factory: 28.8% Volume Growth, 150bps of Gross Margin, and a Buyback That Timed the Low

Hold Recap: Q4 2025

Pricing Landed Exactly on Cue, But the Beat Landed Below the Operating Line

Hold Recap: Q3 2025

All Volume, No Price: Monster's 40% Operating-Income Quarter Still Has Its Biggest Lever in Reserve