Celsius Holdings shares rose 5.3% despite a 60% drop over six months due to reduced PepsiCo orders.
Celsius Holdings (NASDAQ: CELH) shares rose 5.3% on Wednesday, despite recent challenges, including a 60% drop over six months following reduced orders from PepsiCo. The company, known for energy drinks and supplements, has seen significant revenue growth but an annualized stock return of -3.06%. Analysts project a price target of $53.64 for 2025, suggesting a potential 75.81% increase, supported by expansion plans and new product launches.
October 09, 2024
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