Celsius Stock Forecast 2023: Latest Price

Article Coverage: CELH Stock Performance, Latest CELH News, Aggregated Forecasts, CELH Latest Production Update, Reasons to Buy or Sell CELH Stock, CELH Investor Day Analysis, FAQs and Other detailed analysis.

Celsius Holdings, Inc. (NASDAQ: CELH) is a Florida-based company that develops and distributes functional energy drinks. The company’s products are marketed as being healthier than traditional energy drinks, as they contain no sugar, artificial colors, or flavors, and are low in calories. Celsius Holdings went public on February 9, 2010.

Celsius Holdings Stock Performance

• Last 1 Month: -20.7%
• Last 6 Months: +77.2%
• Last 12 Months: +75.8%

Celsius Holdings Price Target next 12 months: Analysts

Celsius Target Price	$194
Bank of America	$145
Wedbush	$180
Stephens & Co.	$180
Piper Sandler	$215
UBS	$160

Celsius Holdings Stock Forecast 2023, 2024 and 2025, Aggregated

• Celsius Holdings Stock Price Prediction 2023 is $51.0
• Celsius Holdings Stock Price Prediction 2024 is $54.0
• Celsius Holdings Stock Price Prediction 2025 is $62.5

Celsius Holdings Stock Forecast Today, Tomorrow and Week

• Celsius Holdings Stock Price Prediction in the next 24 hours is between $50.5 and $51.5
• Celsius Holdings Stock Price Prediction this week is between $49.5 and $53.4

Celsius Stock Forecast 2023: Quarterly Financial Results

Second Quarter, 2023

Celsius Holdings reported record financial results for the second quarter ended June 30, 2023.

Key highlights:

• Revenue increased 112% year-over-year to $325.88 million
• Net income increased 588% year-over-year to $41 million
• Gross profit increased 168% year-over-year to $159 million
• Gross profit margin was 48.8%, up from 38.5% in the prior year quarter
• International revenue increased 76% year-over-year to $15.1 million

The company attributed its strong results to increased brand awareness, expanded distribution, and lower costs. Celsius also benefited from the growing popularity of functional energy drinks.

Celsius Holdings expects revenue for the full year 2023 to be in the range of $1.2 billion to $1.25 billion. The company also expects gross profit margin to be in the range of 48% to 49%.

Overall, Celsius Holdings had a very strong second quarter of 2023. The company is well-positioned to continue its growth trajectory in the second half of 2023 and beyond.

Will Celsius reach $200 in 2023?

Whether or not Celsius Holdings, Inc. (NASDAQ: CELH) will reach $200 in 2023 is a difficult question to answer. The stock has been on a tear in recent months, and it is currently trading at over $170 per share. However, there are a number of factors that could affect the stock’s performance in the coming months, including the overall performance of the stock market, the company’s financial performance, and the competitive landscape.

On the one hand, Celsius Holdings is a well-positioned company with a strong brand and a growing product portfolio. The company is also benefiting from the growing popularity of functional energy drinks. In addition, Celsius Holdings has a strong balance sheet and a healthy cash flow position.

On the other hand, the stock market is currently volatile, and there is always the risk of a market downturn. Celsius Holdings is also facing increasing competition from other brands, such as Monster Energy and Red Bull. Finally, the company’s financial performance could be impacted by a number of factors, such as changes in consumer demand, commodity prices, and the overall economy.

Overall, it is possible that Celsius Holdings could reach $200 in 2023. However, investors should carefully consider the risks and rewards before making any investment decisions.

Celsius Stock Forecast 2023: How High Will Celsius Go in 2023?

It is difficult to predict how high Celsius Holdings, Inc. (NASDAQ: CELH) will go in 2023. The stock is currently trading at over $170 per share, and it has the potential to reach $200 or higher if the company continues to perform well and the stock market remains bullish. However, there are also risks that could weigh on the stock’s performance, such as a market downturn or increased competition.

Here are some factors that could affect Celsius Holdings’ stock price in 2023:

• Company performance
• Stock market performance
• Competition

Here is a more cautious prediction: Celsius Holdings could reach $180-$190 in 2023 if it continues to perform well and the stock market remains bullish. However, if there is a market downturn or increased competition, the stock price could fall to $150-$160.

Overall, Celsius Holdings has the potential to reach $200 or higher in 2023. However, investors should carefully consider the risks and rewards before making any investment decisions.

Celsius Holdings Stock Forecast 2023: Is Celsius a good stock to buy?

Here are some reasons to buy Celsius stock:

• Strong growth: Celsius Holdings has been growing rapidly in recent years. Revenue increased 112% in the second quarter of 2023, and net income increased 588%. The company expects to continue its growth trajectory in the second half of 2023 and beyond.
• Large addressable market: Celsius Holdings is targeting the large and growing market for functional energy drinks. The global market for functional energy drinks is expected to reach $73.9 billion by 2028.
• Strong brand: Celsius Holdings has a strong brand and a loyal customer base. The company is known for its healthy and convenient energy drinks.
• Healthy balance sheet: Celsius Holdings has a healthy balance sheet and a strong cash flow position. This gives the company the resources it needs to invest in its growth and expand into new markets.

Celsius Stock Forecast 2023: Reasons Not to Buy Celsius Stock

Here are some reasons not to buy Celsius stock:

• Valuation: Celsius stock is trading at a high valuation, with a price-to-earnings ratio of over 300. This means that investors are paying a premium for Celsius stock, and there is a risk that the stock price could fall if the company does not meet expectations.
• Competition: Celsius faces increasing competition from other brands of functional energy drinks, such as Monster Energy and Red Bull. If these competitors gain market share, it could weigh on Celsius’ stock price.
• Regulatory risk: Celsius is subject to regulation by the US Securities and Exchange Commission (SEC). If the SEC were to take action against Celsius, it could have a negative impact on the company’s stock price.
• Volatility: Celsius stock is a volatile stock, and its price can fluctuate wildly. This makes it a risky investment for investors who are not comfortable with volatility.
• The company’s reliance on a single product: Celsius relies heavily on its Celsius energy drink for revenue. If sales of Celsius energy drinks decline, it could have a negative impact on the company’s financial performance and stock price.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.