Celsius Holdings Inc is a health and wellness company that specializes in the development and marketing of fitness drinks and nutritional products
The company's primary focus is on creating functional beverages that are designed to boost metabolism, enhance energy levels, and promote overall well-being. Celsius offers a range of products, including energy drinks, powdered drink mixes, and protein bars, targeting fitness enthusiasts and consumers looking for healthier lifestyle options. With a strong emphasis on innovation and product quality, Celsius aims to differentiate itself in a competitive market while promoting an active and health-conscious lifestyle.
Let’s dig into the relative performance of Constellation Brands (NYSESTZ) and its peers as we unravel the now-completed Q4 beverages, alcohol, and tobacco earnings season.
Celsius Holdings Inc. just dropped $1.65 billion for Alani Nu (and its tax goodies), merging two energy drink brands under one zero-sugar banner. Translation? More pastel cans and more hype about “better-for-you” functionality.
Celsius Holdings reported strong Q4 earnings and announced its acquisition of Alani Nu for $1.8B, with analysts expressing optimism. Needham's Gerald Pascarelli and B. Riley's Jeff Van Sinderen reiterated Buy ratings, with price targets set at $38.00 and $49.00, respectively.
These 9 mid-cap stocks were top performers last week. Pony AI, Celsius Holdings, WeRide, Applied Digital, Solaris Energy, Vicor, GDS Holdings, VNET Group, and Goodyear Tire all saw significant gains.
In this brief market report, we will take a look at the various asset classes, sectors, equity categories, ETFs, and stocks that moved the market higher, as well as the market segments that defied the trend by moving lower.
Shares of energy drink company Celsius (NASDAQCELH)
jumped 39% in the pre-market session after the company delivered exceptional fourth quarter 2024 results, which blew past analysts' EBITDA, EPS, and revenue estimates, suggesting the struggles surrounding its controversy with Pepsi, where it oversold inventory to the behemoth, could be approaching the rearview mirror. Separately, the company announced its acquisition of Alani Nu, a popular up-and-coming energy drink brand. Zooming out, we think this was a solid quarter.
