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I found Celsius energy drink in local chain-supermarkets late month since i knew this stock back in 2020, this particular chain-supermarkets hasone sister company which is fitness centre chain as well. It's an exciting news for me as I expected to see this brand in local supermarket one day.

From Kuching, Malaysia.

Celsius Stock Falls on Slowdown Concerns. It's Still a Top Buy. -- Barrons.com

Shares of energy-drink company Celsius dropped 3% on Monday after an analyst lowered his price target for the stock on concerns of lower-than-expected summer sales.He is at least the sixth analyst to do so in the past week. The stock was down over 3% in Monday afternoon trading, while the S&P 500 was up 0.5%.Celsius management recently said that PepsiCo, its major distribution partner, reduced inventory of the energy drink by $20 million to $30 million in the second quarter. This comes after Pepsi made a similar cut in the prior quarter.In a Monday note, Roth MKM analyst Sean McGowan reduced his price target for the stock from $96 to $87, but maintained a Buy rating.Celsius stock has been riding high on the rapid growth, soaring from $1 to $2 per share before the pandemic to its peak of $96 by Mar

Celsius Stock Falls on Slowdown Concerns. It's Still a Top Buy. -- Barrons.com

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It's an exciting news for me as I expected to see this brand in local supermarket one day. From Kuching, Malaysia.","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/317942922023208","repostId":2444187651,"repostType":2,"repost":{"id":"2444187651","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1718648400,"share":"https://www.laohu8.com/m/news/2444187651?lang=&edition=full","pubTime":"2024-06-18 02:20","market":"hk","language":"en","title":"Celsius Stock Falls on Slowdown Concerns. It's Still a Top Buy. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2444187651","media":"Dow Jones","summary":"Shares of energy-drink company Celsius dropped 3% on Monday after an analyst lowered his price target for the stock on concerns of lower-than-expected summer sales.He is at least the sixth analyst to do so in the past week. The stock was down over 3% in Monday afternoon trading, while the S&P 500 was up 0.5%.Celsius management recently said that PepsiCo, its major distribution partner, reduced inventory of the energy drink by $20 million to $30 million in the second quarter. This comes after Pepsi made a similar cut in the prior quarter.In a Monday note, Roth MKM analyst Sean McGowan reduced his price target for the stock from $96 to $87, but maintained a Buy rating.Celsius stock has been riding high on the rapid growth, soaring from $1 to $2 per share before the pandemic to its peak of $96 by Mar","content":"\n\n By Evie Liu \n\n\n Shares of energy-drink company Celsius dropped 3% on Monday after an analyst lowered his price target for the stock on concerns of lower-than-expected summer sales. \n\n\n He is at least the sixth analyst to do so in the past week. The stock was down over 3% in Monday afternoon trading, while the S&amp;P 500 was up 0.5%. \n\n\n Celsius management recently said that PepsiCo, its major distribution partner, reduced inventory of the energy drink by $20 million to $30 million in the second quarter. This comes after Pepsi made a similar cut in the prior quarter. \n\n\n In a Monday note, Roth MKM analyst Sean McGowan reduced his price target for the stock from $96 to $87, but maintained a Buy rating. \n\n\n McGowan now expects Celsius' second-quarter revenue to come at $406 million, down from his prior estimate of $453 million and lower than Wall Street consensus of $415 million. Still, that is a 25% growth from the same period last year. \n\n\n McGowan joined a group of Wall Street analysts who have lowered their outlook for the stock over the past week. Stifel analyst Mark Astrachan cut his price targets to $85 from $95 last Wednesday, predicting $400 million in second-quarter sales. Wedbush analyst Gerald Pascarelli lowered his target to $83 from $85, and cut the revenue estimate to $375 million. \n\n\n Most analysts maintained their Buy rating on the stock, citing solid demand for Celsius products. Analysts polled by FactSet expect sales to grow 30% each year in 2024 and 2025, and have an average price target of $92. That is a 56% upside from the current level. \n\n\n Although retail sales data in recent months have suggested a possible slowdown in Celsius' growth, short-term fluctuations aren't uncommon, McGowan said, noting the data have caused false alarms in the past. \n\n\n McGowan believes that Celsius will continue to grow thanks to its successful and cautious expansion in the international market. In Canada, he noted, the brand took more than a 5% market share within the first two months of launch. \n\n\n Celsius remains the best top-line growth story among all the companies he covers, Pascarelli said. As retailers rearrange their shelf space this summer, Celsius will likely get more exposure at supermarkets and liquor stores. \n\n\n Celsius stock has had a stellar run over the past few years as energy drinks became one of the fastest-growing categories of nonalcoholic beverages. Sales more than doubled from $130 million in 2020 to $314 million 2021 as the company expanded its distribution network. \n\n\n In 2022, PepsiCo invested $550 million in Celsius for an 8.5% ownership share. The deal also made Pepsi the preferred distributor of the energy-drink company, further boosting its sales to $653 million in 2022 and $1.3 billion in 2023. That is a double fold growth every year. \n\n\n Celsius stock has been riding high on the rapid growth, soaring from $1 to $2 per share before the pandemic to its peak of $96 by March. But signs of slowing growth have weighed on share prices and caused volatility in recent months. \n\n\n The stock had fallen to $69 on April 19, jumped back to $96 one month later, and then took a dive again to $59 as of Monday. Share prices have tumbled 37% over the past month. \n\n\n Write to Evie Liu at evie.liu@barrons.com \n\n\n This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n<pre>\n \n</pre>\n\n (END) Dow Jones Newswires\n\n\n June 17, 2024 14:20 ET (18:20 GMT)\n\n\n Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n\n","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Celsius Stock Falls on Slowdown Concerns. It's Still a Top Buy. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCelsius Stock Falls on Slowdown Concerns. It's Still a Top Buy. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nDow Jones \n2024-06-18 02:20\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n\n\n By Evie Liu \n\n\n Shares of energy-drink company Celsius dropped 3% on Monday after an analyst lowered his price target for the stock on concerns of lower-than-expected summer sales. \n\n\n He is at least the sixth analyst to do so in the past week. The stock was down over 3% in Monday afternoon trading, while the S&amp;P 500 was up 0.5%. \n\n\n Celsius management recently said that PepsiCo, its major distribution partner, reduced inventory of the energy drink by $20 million to $30 million in the second quarter. This comes after Pepsi made a similar cut in the prior quarter. \n\n\n In a Monday note, Roth MKM analyst Sean McGowan reduced his price target for the stock from $96 to $87, but maintained a Buy rating. \n\n\n McGowan now expects Celsius' second-quarter revenue to come at $406 million, down from his prior estimate of $453 million and lower than Wall Street consensus of $415 million. Still, that is a 25% growth from the same period last year. \n\n\n McGowan joined a group of Wall Street analysts who have lowered their outlook for the stock over the past week. Stifel analyst Mark Astrachan cut his price targets to $85 from $95 last Wednesday, predicting $400 million in second-quarter sales. Wedbush analyst Gerald Pascarelli lowered his target to $83 from $85, and cut the revenue estimate to $375 million. \n\n\n Most analysts maintained their Buy rating on the stock, citing solid demand for Celsius products. Analysts polled by FactSet expect sales to grow 30% each year in 2024 and 2025, and have an average price target of $92. That is a 56% upside from the current level. \n\n\n Although retail sales data in recent months have suggested a possible slowdown in Celsius' growth, short-term fluctuations aren't uncommon, McGowan said, noting the data have caused false alarms in the past. \n\n\n McGowan believes that Celsius will continue to grow thanks to its successful and cautious expansion in the international market. In Canada, he noted, the brand took more than a 5% market share within the first two months of launch. \n\n\n Celsius remains the best top-line growth story among all the companies he covers, Pascarelli said. As retailers rearrange their shelf space this summer, Celsius will likely get more exposure at supermarkets and liquor stores. \n\n\n Celsius stock has had a stellar run over the past few years as energy drinks became one of the fastest-growing categories of nonalcoholic beverages. Sales more than doubled from $130 million in 2020 to $314 million 2021 as the company expanded its distribution network. \n\n\n In 2022, PepsiCo invested $550 million in Celsius for an 8.5% ownership share. The deal also made Pepsi the preferred distributor of the energy-drink company, further boosting its sales to $653 million in 2022 and $1.3 billion in 2023. That is a double fold growth every year. \n\n\n Celsius stock has been riding high on the rapid growth, soaring from $1 to $2 per share before the pandemic to its peak of $96 by March. But signs of slowing growth have weighed on share prices and caused volatility in recent months. \n\n\n The stock had fallen to $69 on April 19, jumped back to $96 one month later, and then took a dive again to $59 as of Monday. Share prices have tumbled 37% over the past month. \n\n\n Write to Evie Liu at evie.liu@barrons.com \n\n\n This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n<pre>\n \n</pre>\n\n (END) Dow Jones Newswires\n\n\n June 17, 2024 14:20 ET (18:20 GMT)\n\n\n Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4177":"软饮料","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) INC (M)","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","CELH":"Celsius Holdings, Inc.","BK4581":"高盛持仓","BK4588":"碎股","BK4566":"资本集团","PEP":"百事可乐","BK4504":"桥水持仓","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2444187651","content_text":"By Evie Liu \n\n\n Shares of energy-drink company Celsius dropped 3% on Monday after an analyst lowered his price target for the stock on concerns of lower-than-expected summer sales. \n\n\n He is at least the sixth analyst to do so in the past week. The stock was down over 3% in Monday afternoon trading, while the S&P 500 was up 0.5%. \n\n\n Celsius management recently said that PepsiCo, its major distribution partner, reduced inventory of the energy drink by $20 million to $30 million in the second quarter. This comes after Pepsi made a similar cut in the prior quarter. \n\n\n In a Monday note, Roth MKM analyst Sean McGowan reduced his price target for the stock from $96 to $87, but maintained a Buy rating. \n\n\n McGowan now expects Celsius' second-quarter revenue to come at $406 million, down from his prior estimate of $453 million and lower than Wall Street consensus of $415 million. Still, that is a 25% growth from the same period last year. \n\n\n McGowan joined a group of Wall Street analysts who have lowered their outlook for the stock over the past week. Stifel analyst Mark Astrachan cut his price targets to $85 from $95 last Wednesday, predicting $400 million in second-quarter sales. Wedbush analyst Gerald Pascarelli lowered his target to $83 from $85, and cut the revenue estimate to $375 million. \n\n\n Most analysts maintained their Buy rating on the stock, citing solid demand for Celsius products. Analysts polled by FactSet expect sales to grow 30% each year in 2024 and 2025, and have an average price target of $92. That is a 56% upside from the current level. \n\n\n Although retail sales data in recent months have suggested a possible slowdown in Celsius' growth, short-term fluctuations aren't uncommon, McGowan said, noting the data have caused false alarms in the past. \n\n\n McGowan believes that Celsius will continue to grow thanks to its successful and cautious expansion in the international market. In Canada, he noted, the brand took more than a 5% market share within the first two months of launch. \n\n\n Celsius remains the best top-line growth story among all the companies he covers, Pascarelli said. As retailers rearrange their shelf space this summer, Celsius will likely get more exposure at supermarkets and liquor stores. \n\n\n Celsius stock has had a stellar run over the past few years as energy drinks became one of the fastest-growing categories of nonalcoholic beverages. Sales more than doubled from $130 million in 2020 to $314 million 2021 as the company expanded its distribution network. \n\n\n In 2022, PepsiCo invested $550 million in Celsius for an 8.5% ownership share. The deal also made Pepsi the preferred distributor of the energy-drink company, further boosting its sales to $653 million in 2022 and $1.3 billion in 2023. That is a double fold growth every year. \n\n\n Celsius stock has been riding high on the rapid growth, soaring from $1 to $2 per share before the pandemic to its peak of $96 by March. But signs of slowing growth have weighed on share prices and caused volatility in recent months. \n\n\n The stock had fallen to $69 on April 19, jumped back to $96 one month later, and then took a dive again to $59 as of Monday. Share prices have tumbled 37% over the past month. \n\n\n Write to Evie Liu at evie.liu@barrons.com \n\n\n This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n (END) Dow Jones Newswires\n\n\n June 17, 2024 14:20 ET (18:20 GMT)\n\n\n Copyright (c) 2024 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CELH"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":265,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}