03:16 PM EST, 11/07/2025 (MT Newswires) -- Celsius (CELH) is seeing some near-term noise despite a Q3 beat on all key metrics, but many of the essential factors for its bullish outlook remain unchanged, UBS Securities said in a Thursday note.

The company's shares have traded materially lower as sales missed the high expectations set by investors, which were estimated to be at least $750 million, UBS analysts said. Further, during the earnings call, the company indicated that the near-term outlook could be "choppy" due to the transition of its Alani Nu brand into PepsiCo's distribution system starting in December, which brings some uncertainty and potential volatility in sales trends due to factors like shipment timing and inventory management, the analysts said.

The analysts believe the focus on the near-term trajectory is "misplaced" as the lower sales was related to inventory timing issues with Alani Nu. The transition to the new distribution could have some hiccups, but its benefits remain on the table, the analysts said.

Celsius' risk-reward profile leans on the positive side, and the stock price pull-back is an "attractive buying opportunity," according to the note.

UBS maintained the company's stock rating at buy and reduced the price target to $65 from $73.

Price: 43.21, Change: -1.86, Percent Change: -4.12