What Happened?
Shares of energy drink company Celsius (NASDAQ:CELH) jumped 4.6% in the afternoon session after Goldman Sachs identified the company in a list of stocks poised to benefit from spending by middle-income consumers.
The investment bank noted its expectation that stocks with exposure to this consumer group would continue to outperform in the coming months. In a report, Goldman Sachs analysts highlighted several companies, including Celsius, Nike, and Starbucks, that they believed were well-positioned. This inclusion suggested confidence from the influential bank that Celsius could see sustained growth driven by this key demographic.
After the initial pop the shares cooled down to $44.04, up 4.5% from previous close.
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What Is The Market Telling Us
Celsius’s shares are extremely volatile and have had 31 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 5 days ago when the stock gained 3.6% on the news that the company provided a positive business update ahead of a conference, highlighting strong market share growth and progress on integrating its Alani Nu brand with its PepsiCo distribution partner. The update, released before its appearance at the Morgan Stanley Global Consumer & Retail Conference, showed the company's portfolio reached a 20.2% market share in the energy drink sector over the 12 weeks ending November 23. Celsius noted that its portfolio grew by 25.5% during that period. This growth significantly outpaced the broader energy drink category, which increased by 13.7%. The company also confirmed that its transition of the Alani Nu brand into PepsiCo's distribution network was more than 80% complete, signaling successful execution of its operational plans.
Celsius is up 61.9% since the beginning of the year, but at $44.04 per share, it is still trading 32.1% below its 52-week high of $64.86 from October 2025. Investors who bought $1,000 worth of Celsius’s shares 5 years ago would now be looking at an investment worth $3,540.
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