JPMorgan Raises Celsius Holdings Inc (CELH) Price Target, Sees Earnings Upside From PepsiCo Partnership and Alani Nu Growth

We recently published an article titled 10 High Growth Food Stocks To Buy. 

JPMorgan raised its price target on Celsius Holdings, Inc (NASDAQ:CELH) to $77 from $68 on January 29 while maintaining an Overweight rating as part of its Q4 earnings preview. The firm sees a favorable setup heading into earnings, with potential upside to both estimates and valuation multiples. JPMorgan expects Celsius to benefit meaningfully in 2026 from its category captaincy role under the expanded PepsiCo partnership, while Alani Nu continues to gain momentum from ramping distribution, the analyst noted.

During the company’s third-quarter 2025 earnings call, Celsius Holdings reported consolidated revenue of approximately $725 million, representing a 173% year-over-year increase. The quarter also reflected continued momentum in the company’s strategic partnership with PepsiCo, highlighted by Celsius being named PepsiCo’s U.S. Strategic Energy Drink Captain. In addition, Celsius Holdings, Inc. (NASDAQ:CELH) announced the integration of Alani Nu—its 2025 acquisition focused on sugar-free energy drinks, snacks, and supplements—into PepsiCo’s distribution network beginning December 1, 2025. Together, these developments reinforce Celsius Holdings’ expanding scale, distribution reach, and competitive positioning within the global energy drink category.

Founded in 2004 and headquartered in Boca Raton, Florida, Celsius Holdings, Inc. (NASDAQ:CELH) is an American company that produces a range of fitness and energy drinks under the Celsius brand. The company markets its products as healthier alternatives within the energy drink category, a positioning that management, including the CEO, credits as a key driver of the brand’s sustained growth and consumer adoption.

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