$Celsius Holdings, Inc.(CELH)$ If I’m not wrong, CELH recognise revenue once it sold their supplies to Pepsi instead of when Pepsi sold their supplies. Because of this, Pepsi bought too much from CELH, making investor thinks that the demand for their drinks is really high and that growth rate was sustainable.
But a few weeks ago, CELH admitted that Pepsi will not buy as much as last year since Pepsi have overestimated the demand for Celsius, analyst are now predicting a revenue growth of ~15% for the next 2 to 3 years, which I believe that there is still room for the stock price to fall.
If it falls to somewhere between $30 and mid $20s, that’s when it’s really attractive to buy in.
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