Celsius stock surges over 100% in a year, driven by strong sales growth and improved earnings, with analysts upgrading to "buy" amid optimistic 2026 outlook.

Celsius stock has more than doubled in the past year, fueled by a 136% surge in pro forma revenue to $370 million, driven by Alani Nu's 76.9% retail sales rise. Total sales rose 117% to $721.6 million, with North American sales up 124%. Adjusted earnings per share increased 86% to $0.26. The company expects continued growth in 2026 through expanded distribution, shelf space gains, and a new non-carbonated product line, with gross margins projected to stabilize in the low-50% range. Analysts upgraded the stock to "buy," citing a reasonable valuation near 34 times 2026 earnings, though growth may slow after distribution gains are realized.