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Celsius shares can rally more than 30% as growth story is 'heating back up,' TD Cowen says in upgrade
Celsius shares can rally more than 30% as growth story is 'heating back up,' TD Cowen says in upgrade

CNBC

time16-06-2025

  • Business
  • CNBC

Celsius shares can rally more than 30% as growth story is 'heating back up,' TD Cowen says in upgrade

Celsius' growth story is back, according to TD Cowen, on the strength of its position in women's energy drinks. Analyst Robert Moskow upgraded Celsius to buy from hold, and raised his price target, saying that an improvement in sales and a creative new direction from management has reinvigorated the energy drink company. His price target, hiked to $55 from $37, implies more than 30% upside from Friday's close of $41.16. The stock was last up more than 3% in extended trading. "We upgrade CELH to Buy and raise our PT to $55," Moskow wrote Monday in a note called "Celsius' growth story is heading back up.' "We believe the stock will continue to trade higher this year as the Celsius brand returns to growth, the Alani Nu integration progresses smoothly, and investors look ahead to distribution expansion in 2026 and beyond." "We recognize uncertainties about the Alani Nu brand longer-term," he added. "But the favorable price paid reduces the risk." CELH 1D mountain Celsius Holdings, over one day Celsius shares have surged this year, rallying more than 56%. That comes after the stock's disappointing performance in 2024 when it plunged more than 50% as Wall Street firms including TD Cowen worried the energy drink company had lost its momentum. Since then, however, an improvement in sales that's expected to continue through the summer, as well as new innovative products within the Celsius brand, have helped strengthen the brand. Celsius' acquisition of health and wellness brand Alani Nu can also help it build on its position as the No. 3 brand in the U.S. energy drink category, the analyst said. "We believe management has course-corrected execution on the Celsius brand with strong innovation (Retro Vibe, Playa Vibe, Strawberry Passionfruit), nationwide expansions for last year's retail exclusives (Watermelon Lemonade, Cherry Cola), and marketing efforts like the recent " campaign to expand the appeal of the brand beyond its core fitnessfocused audience," the analyst wrote. TD Cowen is not the only firm to grow bullish on Celsius in recent months. In March, Truist analyst Bill Chappell upgraded the stock to buy from hold, and hiked his price target, saying the Alani Nu acquisition can help Celsius "corner" the women's market . On Feb. 21, Celsius shares popped 25% on strong quarterly earnings results, as well as acquiring health and wellness company Alani Nu.

Kaldi 850 launches refreshing line of summer beverages
Kaldi 850 launches refreshing line of summer beverages

Muscat Daily

time12-05-2025

  • Business
  • Muscat Daily

Kaldi 850 launches refreshing line of summer beverages

New seasonal offerings include Cranberry Ice Tea, Watermelon Lemonade, and Mango Passion Lemonade. Kaldi 850, a brand known for its innovation in beverages and café experiences, has announced the release of three new drinks as part of its seasonal summer menu. The newly launched beverages – Cranberry Ice Tea, Watermelon Lemonade, and Mango Passion Lemonade – are designed to offer a refreshing escape from the summer heat. The new drink selection combines bold flavors with a cooling twist, catering to customers seeking lighter and fruit-forward refreshments during the warmer months. 'Our goal was to create drinks that not only quench thirst but also celebrate the vibrant taste of summer,' said Paul Biswajit, General Manager, at Kaldi 850. He added, 'Each of these flavors brings something unique – from the tartness of cranberry to the tropical sweetness of mango and passion fruit.' The summer drinks are now available at all Kaldi 850 outlets and will be offered for a limited time only. Kaldi 850 continues to evolve its seasonal offerings, keeping customer preferences and seasonal trends at the forefront of its beverage innovations.

Firestone Walker goes all-in with imperial radler beer
Firestone Walker goes all-in with imperial radler beer

Yahoo

time31-01-2025

  • Business
  • Yahoo

Firestone Walker goes all-in with imperial radler beer

A California craft brewery has gone all-in with radler beer. Firestone Walker just released a trio of imperial radlers, or high-octane, fruit-infused beers. It's another creative pivot within a craft beer movement that continues to navigate heightened competition and ever-changing consumption patterns. It's an interesting move for a number of reasons. First, radler is traditionally a lighter, lawn-moving style drink that's both refreshing and low in alcohol content. Firestone Walker is flipping the script a bit, as the three new options come in at 8% ABV (hence the imperial designation). Second, it's a creative and seasonally-appropriate way to throw fruit at IPA. The hop-forward beer has long complemented citrus and the match seems to make a lot of senes. The three Mind Haze Rage releases include Grapefruit Lemonade, Original Lemonade, and Watermelon Lemonade. The offerings join the brand's broader Mind Haze family of juicy, tropical beers that taste like a beach day in summer. Firestone Walker launched the lineup back in 2019. As the new beverages clearly demonstrate, there's some nostalgia involved. From the neon colors to the typography, the 90s are very much alive. Even the concept of a fruit-infused beer is something a bit retro, with its first heyday back in the same era. Based in Paso Robles, Firestone Walker is one of the larger west coast breweries. The original brewery was born in 1996 in Los Olivios, the brainchild or brothers-in-law Adam Firestone and David Walker. In addition to making a large family of IPAs, the label is behind some exceptional barrel-aged beers, among other styles. The post Firestone Walker goes all-in with imperial radler beer appeared first on The Manual.

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