ABBO News

Celsius Holdings nasdaq Celh Stock Jumps Ahead of Q4 Earnings Release

Celsius Holdings (NASDAQ: CELH) Stock Jumps Ahead of Q4 Earnings Release

Celsius Holdings (NASDAQ: CELH) stock jumped over 7% in pre-market trading Wednesday, as investors await the company’s fourth-quarter and full-year 2024 financial results, set to be released after market close on Thursday, February 20, 2025.

The stock is currently priced at $22.74, rebounding after recently hitting a 52-week low of $21.10.

In addition, Celsius announced that key executives, including Chairman and CEO John Fieldly, Chief Financial Officer Jarrod Langhans, and Chief Marketing Officer Kyle Watson, will present at the Consumer Analyst Group of New York (CAGNY) Conference on Friday, February 21, 2025, at 10 a.m. EST.

Meanwhile, analysts at Stifel adjusted their outlook on Celsius Holdings (NASDAQ: CELH), cutting their price target from $45 to $37 while maintaining a Buy rating. The revision reflects expectations of shifting sales growth patterns in 2025.

Stifel forecasts an 8% decline in first-quarter sales growth, contrasting with the broader market’s expectation of a 4% increase. However, the firm predicts a 2% recovery in Q2, slightly below the 5% growth projected by analysts. Despite the cautious near-term outlook, Stifel sees stronger growth in H2 2025, driven by favorable year-over-year comparisons.

According to InvestingPro analysis, Celsius remains financially strong, boasting a 19.36% revenue growth over the last twelve months and earning a GREAT overall financial health rating.

Last month, Piper Sandler also revised its outlook, cutting its price target to $33 from $47, while keeping an Overweight rating on the stock.